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Kate Klein

Kate Klein
Kate is profiles editor for Hardware Retailing magazine. She reports on news and industry events and writes about retailers' unique contributions to the independent home improvement sector. She graduated from Cedarville University in her home state of Ohio, where she earned a bachelor's degree in English and minored in creative writing. She loves being an aunt, teaching writing to kids, running, reading, farm living and, as Walt Whitman says, traveling the open road, “healthy, free, the world before me.”

Combat the Growing Cost of Return Fraud

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 …

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Sears Borrows Millions More From CEO, Plans Further Liquidity

lampert

Sears borrowed $100 million more from CEO Edward Lampert’s investment companies and may get an even bigger loan through a new agreement, according to a document filed with the Securities and Exchange Commission. The loan agreement gave Sears an initial …

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Westlake Ace Hardware Buying 5 Stores, Expanding Into Washington

Westlake Ace Hardware is still in acquisition mode, now making plans to buy the Dennis Company, a five-store home improvement chain in Washington. On Jan. 11, Westlake announced the deal, which is slated to close March 26. The Dennis Company …

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‘We’re Going After Sears,’ J.C. Penney CEO Says

Penney

Marvin Ellison, J.C. Penney’s current CEO and a former Home Depot executive, has his eye on Sears’ appliance business. “We’re going after Sears and we’re going after market share that we think is going to be available not only now …

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How Do Sales Compare for Your Big-Box Competitors?

public companies

Click the image above to view a full PDF. Third-quarter sales results are in for the public companies that are prime competitors for independent home improvement retailers, and only Sears continues to decline. Walmart—the United States’ biggest retailer, and the …

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Small Businesses and Tax Reform

tax reform

Changes to U.S. tax law, approved Dec. 20 by the U.S. Senate and House of Representatives, are slated to go into effect in 2018. The New York Times explains some effects of the tax reform on small businesses. The House Ways and …

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Home Depot Buys Bedding and Bath Company

Company Store

The Home Depot has announced its acquisition of Wisconsin bedding and bath business The Company Store. The Company Store operates five retail stores in Wisconsin, Maine and North Carolina, and an online store. Home Depot publicized the purchase Dec. 21, but …

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Getting in on the Home Staging Game

Click the image above to view a full PDF. Real estate agents advise homeowners who want to improve their home’s selling potential to do some interior staging—and some of that staging includes minor remodeling projects, according to research from the …

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market

Key Retail Metrics

 

Wednesday, Mar. 17 at 2 P.M. ET