Across the retail landscape, more big boxes are relying on task automation to reduce labor expenditures and enable employees to interact directly with customers, The Wall Street Journal reports. Target says it plans to add cash-counting checkout machines to 500 …
Read More »Tag Archives: big box
Home Depot to Overhaul Supply Chain
Over the next five years, Home Depot will spend $1.2 billion to deliver products faster as customers’ expectations for delivery speeds shift, The Wall Street Journal reports. As part of its plan to reach 90 percent of the U.S. population …
Read More »Home Depot Invests in Property Maintenance Company Homee
Home Depot has partnered with a growth equity firm to invest $11 million in Homee, an on-demand property maintenance company, the Tampa Business Journal reports. Homee, based in Tampa, Florida, launched in July 2016 and “uses GPS-enabled smartphone technology to link …
Read More »Combined Kmart-Sears Store Is a New Venture for Sears Holdings
Sears Holdings is experimenting with a Kmart and Sears combination store, even as it closes dozens of individually branded stores throughout the U.S. The company recently opened a Kmart store inside of a Brooklyn, New York, Sears location, according to …
Read More »Report Says Lowe’s Requires Employees to Sign Arbitration Agreements
Lowe’s is requiring its salaried managers and assistant managers to sign binding arbitration agreements or possibly lose their bonuses, the HuffPost reports. The contract prevents employees from pursuing legal action against the big-box retailer in court or joining any class-action lawsuits …
Read More »Lowe’s Phasing Out Paint Removers Containing 2 Chemicals
Lowe’s has committed to stop selling paint solvents containing chemicals linked to “dozens of accidental deaths,” The New York Times reports. The company announced May 29 that, by the end of 2018, it would no longer sell paint strippers with methylene chloride …
Read More »Sears to Close 63 Stores; CEO Seeks Financial Partners
After closing about 400 stores in the last year, Sears has confirmed that it is set to close 63 additional locations in September. These closures include 48 Sears stores and 15 Kmarts, according to the company. The retailer published a list …
Read More »Home Depot Spending $11B on ‘Internal Improvements’
Home Depot is investing about $11 billion in “internal improvements,” including more distribution centers, The Atlanta Journal-Constitution reports. The Atlanta newspaper, which is located near Home Depot’s headquarters, interviewed company CEO Craig Menear about the retailer’s plans for growth. Rather than …
Read More »