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Tag Archives: slider

Walmart to Cut 1,000 Corporate Jobs

walmart

Walmart will eliminate about 1,000 corporate jobs at the end of January, according to an article from The Wall Street Journal. Employees will lose jobs in the company’s human resources, technology and e-commerce departments, the article says. In a memo released to employees Tuesday, CEO Doug McMillon ... Read More »

Attendance Up, Attitudes Upbeat at United Hardware’s January Market

January Market

United Hardware kicked off its 60th anniversary with a bustling January market, where retailers showed positive attitudes and optimism for the coming year. Despite the colder-than-normal temperatures, the mood at the market, held January 6-8, was upbeat with strong attendance ... Read More »

Sears Announces 150 Additional Store Closures

sears

Sears is planning to close 150 additional stores in an attempt to “enhance liquidity and stabilize operating performance,” the company announced Thursday. The company also confirmed that it has struck a deal to sell its Craftsman brand of tools to Stanley Black & Decker for $900 ... Read More »

Stanley Buying Craftsman Tool Business in $900M Deal

craftsman4_featured

Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. ... Read More »