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James Coté: 2014 Young Retailer of the Year

To watch the full video, click here. James Coté Osterville House & Garden, Osterville, Mass. Owner Category: Under $2 Million in annual sales When he was just 24 years old, Coté purchased a struggling hardware store that was about to …

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Say Goodbye to Credit Card Swipes and Signatures

Starting October 2015, MasterCard and Visa will usher in a major change in the U.S. credit card industry.  Credit cards will have microchips in them.  Consumers will use PIN numbers instead of signing credit card receipts.  And consumers will insert …

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Ace Makes J.D. Power Satisfaction List for Eighth Year

For an eighth consecutive year, Ace Hardware ranks highest in satisfying home improvement retail store customers. Ace Hardware achieves a score of 791 and performs particularly well in the staff and service factor. Menards ranks second with a score of …

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Is Sear’s “Transition” Plan Working?

“Sears is undergoing a significant transformation, and we fundamentally are changing the way we do business,” says Edward S. Lampert, Sears Holdings’ chairman and CEO in a company release. “Our performance in the first quarter highlights the challenges we are facing …

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Westlake Ace Hardware, Salvation Army Team Up

Westlake Ace Hardware is hosting a Salvation Army Fans for Families drive at its stores. According to a news release from the Salvation Army, heat is one of the leading weather-related killers in the United States and causes hundreds of fatalities …

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Making Shopping a More Personal Experience

A new “Truth About Shopping” study explores global consumer attitudes and behavior related to all areas of shopping today, including online, mobile and in-store purchasing, views about data and privacy, and preferences about the shopping environment and experience. Conducted by …

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Sear’s Helps Customers Run Homes from Smart Devices

Sears recently introduced  Connected Solutions, experiential shops that bring together assortments of smart, connected home and personal automation products. For example, a customer could program his garage door opener to be notified by text when the door is open and closed. Could …

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Consumer Spending in U.S. Unexpectedly Declines

American shoppers dialed it back in April after spending at the fastest pace in almost five years. Household purchases unexpectedly fell 0.1 percent, the first decrease in a year, after a 1 percent gain the prior month that was the …

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