Click the picture to download a PDF of this story. Making friends as an adult can be challenging, and it’s often intimidating to be the first to break the ice at industry events. Creating lasting friendships with people who are …
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Combat the Growing Cost of Return Fraud
Return fraud is a growing cost for retailers, according to the National Retail Federation (NRF). Recent research from the trade association shows that the average loss per return fraud incident is $1,766. That amount is higher than the average loss …
Read More »Walmart to Cut 1,000 Corporate Jobs
Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve …
Read More »House-Hasson Upgrades Tech to Boost Efficiency, Store Owner Profitability
Mobile computers and headsets in House-Hasson Hardware’s corporate headquarters warehouse and upgraded electronic scanners for the company’s independent hardware stores and lumberyards will enable 20 percent faster response to orders and speed retailers’ ability to get items on shelves, the …
Read More »NRF 2018: Annual Show Highlights Retail Today, Tomorrow
Thousands of people from around the world gathered in New York this weekend at the National Retail Federation’s (NRF) annual industry event to focus on the ever-changing retail landscape and how retailers can keep up. The trade association’s 107th annual …
Read More »Comment Period Open on Proposed Small Business Health Care Rules
In October, President Donald Trump signed an executive order that asked the Department of Labor to establish rules to allow small businesses within the same industry or geographic area to form associations across state lines to access less expensive health …
Read More »Walmart to Close 63 Sam’s Club Locations, Lay Off Thousands
Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to …
Read More »Walmart Raises Its Minimum Wage, Gives Bonuses
Walmart has announced plans to raise its starting wage for hourly associates to $11. In many states, that boost in the starting wage will be higher than the legally required minimum wage. The retailer is also offering a one-time bonus …
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