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Tag Archives: big box

CEO: ‘Reality Is a Lot Better Than the Perception’ for Sears

Berkowitz

Sears’ top executive, Edward Lampert, told the Chicago Tribune that public perception is putting his company at a disadvantage when recovering from the financial challenges that have plagued it. “Clearly we have our challenges,” Lampert says in the Chicago Tribune article. “Every time people use the …

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What the Big-Box CEOs Earned in 2016

Financial reports from big-box retailers provide insight into what the world’s top retail executives are worth in dollars. For example, Walmart’s sales outpace Home Depot’s and Lowe’s sales by hundreds of billions of dollars, but CEO Doug McMillon’s base salary matches what …

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Amazon Arrives in Australia, Hardware Association Responds

Australia

Since the mid-1990s, Amazon.com has evolved from an online bookstore to the e-commerce giant that has in many ways forced brick-and-mortar businesses to change the way they do business in the U.S. Additionally, Amazon has found its footing globally, establishing a presence in several countries …

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Home Depot Customer Information Exposed

Home Depot

A spreadsheet including about 8,000 Home Depot customers’ transaction details and personal information was briefly posted on a Home Depot website for an unknown length of time, according to The Atlanta Journal-Constitution (AJC). Although financial data was not included in the information, this comes a …

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Jet.com Founder Helps Walmart Innovate

pricing

Walmart is making some noticeable company changes with the help of an e-commerce innovator it picked up with the purchase of Jet.com. The innovator is Marc Lore, founder of Jet.com—the online retailer Walmart bought for about $3 billion in 2016. Lore’s ideas …

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Sears Replaces CFO, Cuts More Costs

Sears Canada

Sears Holdings Corp. has now had three people serve in the role of chief financial officer in less than 12 months, The Wall Street Journal reports. The company named Rob Riecker as chief financial officer, starting this month. He was previously controller and …

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How Do These Public Companies Stack Up?

annual reports

The annual reports for your publicly traded competitors are out, and here is how some of the companies compare. Walmart, which is still the world’s largest brick-and-mortar retailer, had sales increase by less than 1 percent from the 2015 calendar …

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