Tag Archives: financials

The National Hardware Show® will be awarding one lucky retailer $100,000 to invest in the future of their business through its Reimagine Retail Program. The program is open to all independently owned home improvement/hardware retailers. Retailers will be able to enter …

Lowe’s confirmed in January that it would be eliminating 2,400 management jobs, and those staff cuts are unsettling to employees companywide, according to The Charlotte Observer. “The layoffs announced this month are causing angst and uncertainty at the company’s headquarters … as well as …

Target Corp. announced Wednesday that sales at its stores that had been open at least one year fell more than 3 percent in November and December below sales from the same months in 2015. During the same period, the retailer’s digital sales grew 30 percent. Even …

Lowe’s has plans for laying off and changing job descriptions for thousands of people in its workforce, according to The Wall Street Journal. Lowe’s employs more than 285,000 workers, and will be cutting the positions of less than 3,000 of them “as the home-improvement retailer tries to …

Walmart Canada and Visa have reached an undisclosed agreement on credit card fees that the retailer faces from the credit card company. The agreement comes months after Walmart banned the payment form in select stores in Canada. However, Walmart still believes …

As you pack your bags to attend the National Hardware Show® May 9-11, plan for what you may bring home—product samples, information and possibly $100,000 to reimagine retail in your business! This year, the National Hardware Show is making a point to invest even …

Last-minute shoppers gave holiday sales a boost, possibly improving sales overall for the shopping season, according to Reuters. On trend with a good selling season, Amazon reports very strong holiday sales, with customers using Amazon Prime more than than in any other year. Amazon Prime is a paid subscription …

Sears has announced it will close more than 30 Kmart and Sears stores in the first quarter of 2017 in response to poor third-quarter earnings, according to Business Insider. The retailer made an internal announcement, but did not publicly state which …