An online home improvement retailer has gotten millions of dollars in investments this year. Investors have committed $50 million in funding for the retailer, BuildDirect of Vancouver, to improve its product assortment and online platform, according to Forbes. The online retailer sells hardwood flooring, …
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Despite the fact that the recession has turned around and is showing growth in certain sectors, consumer morale remains low, which can be seen in the slow start to the holiday season. McKinsey & Company, a multinational management consulting firm, surveys …
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November was a strong month in the retail sector. According to the National Retail Federation, November retail sales were up 0.6 percent from October and 3.2 percent over November 2013. This steady growth supports NRF’s forecast of a 4.1 percent …
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Social media, newspapers, websites and mobile apps are ways that consumers can find store promotions. Promotions resonate with the consumer, leading to in-store and online purchases. RetailMeNot, a coupon-hosting website, recently released its report titled The Significant Impact of Promotions Across the Multi-Channel …
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Walmart will be doing away with minimum wage in the beginning of 2015, according to a Forbes article. Walmart CEO Doug McMillon made this promise in October, but has now hinted at a deadline. “We’re going to make changes in a few months …
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Using mobile platforms to engage customers will attract young shoppers, according to a recent webinar. Pat Murphy, vice president of mobile relationship management for FunMobility, and Linda Roark of California-based Pete’s Ace Hardware, addressed the mobile best practices for hardware stores …
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Recently, green practices and making a home more efficient and environmentally friendly have become important to consumers. However, how many of them actually feel that they live in a healthy environment? Houzz, called the “Wikipedia of exterior and interior design” by CNN, surveyed more than 800 …
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For the fourth consecutive year, Do it Best Corp. has honored Simpson Strong-Tie, an industry leader in engineered structural connectors and building solutions, with its 2014 Vendor of the Year award in the Building Materials products category. Do it Best awards …
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