Tag Archives: big box

Walmart corporate has big plans to grow its e-commerce presence. Yet at the same time, it plans to reduce brick-and-mortar store openings by nearly 60 percent year over year. The company is increasingly investing in growing its online sales. This is demonstrated by its …

Rural lifestyle retailer Tractor Supply Co. has purchased a 136-location pet store chain for $116 million in cash. Petsense, the pet supply and services company, will operate as a Tractor Supply subsidiary, according to Tractor Supply.  “The pet industry represents a …

As Sears continues to search for ways to make its business profitable again, a bidding war may be underway for the company’s Craftsman tool business, Bloomberg reports. Earlier this year, Sears announced it was looking to generate more cash through its Craftsman, Kenmore …

Two former rivals in the outdoor sporting goods industry are uniting. On Oct. 3, Bass Pro Shops announced that it is acquiring Cabela’s Incorporated for about $5.5 billion. The companies are expected to close the deal during the first half of 2017, according to an article …

Walmart is taking some expensive steps to compete with online rival Amazon, and those include investments in existing online retail businesses. Wal-Mart Stores Inc. is talking about becoming a minority owner of Flipkart, India’s biggest online retailer, according to Fortune. News of the possible deal comes …

A revolutionary idea that came to a couple of Lowe’s stores earlier this year is spreading to a few more locations, and it will come with some new features, too. This past spring, Lowe’s partnered with Microsoft to pilot the …

Australian company Woolworths is selling off segments of its failed joint venture with Lowe’s in Australia, and a court has ruled against Lowe’s request to have a court-ordered outsider handle the liquidation. The joint venture has steadily lost money, and Lowe’s announced Jan. 18 that it was …

Lowe’s is asking a federal court to require Woolworths to be transparent about how it is selling the assets of their joint venture in Australia. Woolworths, Lowe’s business partner in Australia, is rushing to sell properties and masses of product before closing dozens of their Masters Home …