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Tag Archives: big box

Sears Sues Former CEO Edward Lampert

edward lampert

Sears Holdings Corp. is suing its former CEO and the hedge fund he manages for allegedly funneling $2 billion in assets from the retailer, according to the Chicago Tribune. Sears claims that Edward Lampert, the company’s former CEO, “systemically picked ... Read More »

Lowe’s Announces Job Cuts, Relocations

job cuts

According to The Charlotte Observer, Lowe’s will eliminate and relocate hundreds of jobs in North Carolina. Approximately 600 full-time employees at Lowe’s corporate offices in Wilkesboro, North Carolina, were told their jobs would be relocated to Lowe’s headquarters in Mooresville, ... Read More »

Sears Launches New Marketing, Small-Format Stores

small-format stores

As Sears emerges from bankruptcy, the company is launching a new advertising campaign and investing in small-format stores to win back customers, according to the Chicago Tribune. In February, Sears emerged from bankruptcy after a judge approved the sale of ... Read More »

How I Did It: Doing Store Expansion Smart

In 1998, Jeff Paladino purchased his family’s 4,500-square-foot hardware store nestled in a shopping mall in Milton, New York. His family had owned several businesses over the years before taking on a local hardware store. A switch into hardware seemed ... Read More »

Target Sets New Climate Goals

climate goals

Target has announced “ambitious” new climate goals to reduce its carbon footprint, the company announced in a press release. The company says the new goals build upon previously announced energy efficiency standards and aim to greatly reduce greenhouse emissions. The ... Read More »

EPA Issues Ban on Consumer Methylene Chloride Products

Methylene Chloride

The Environmental Protection Agency (EPA) has issued new limits on methylene chloride, a chemical found in paint stripping products, The New York Times reports. Previously, the Obama administration had called methylene chloride, which the Times reports has been linked to ... Read More »

Stanley Black & Decker Questions ‘Real Home’ of Craftsman

Stanley Black & Decker

Stanley Black & Decker has filed a lawsuit to prevent Sears from calling itself the “real home” of the Craftsman brand, according to the Chicago Tribune. Stanley Black & Decker purchased the brand from Sears in 2017 in a deal ... Read More »

Lowe’s Announces Q4 2018 Financial Results

lowe's

In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to ... Read More »