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Tag Archives: financials

Will Walmart Price Cuts Shake Up Retail?

walmart

Walmart is implementing some deep price cuts on products, and the effects could be far reaching. Companies impacted the most by the big-box retailer’s slashed prices include Target, Family Dollar and Dollar General, which may see lower earnings if they drop prices to compete, Business Insider reports this …

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Bass Pro Shops to Buy Cabela’s for $5.5 Billion

Cabela's

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 …

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How Will Overtime Changes Affect Small Businesses?

overtime changes

Consultant Roberto Castellón, whose areas of expertise include finance, access to capital and business operations, spoke with Hardware Retailing about national overtime changes that are set to take effect Dec. 1. Castellón works for a Florida branch of America’s Small …

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Walmart Considers Investing in Online Retailer Flipkart

Flipkart

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 …

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U.S. House Passes Legislation to Delay Overtime Rule

overtime rule

Retailers may have more time to prepare for the U.S. Department of Labor’s new overtime rule if a bill becomes law. This week, the U.S. House of Representatives voted 246 to 177 in favor of legislation to delay the start date of the overtime …

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Walmart Canada and Visa Conflict Continues

Walmart Canada

Customers shopping at Walmart Canada stores in the Manitoba province will soon see change in payment options. Visa credit cards will no longer be accepted at the 16 locations. The boycott officially begins Oct. 24. Walmart spokesman Randy Hargrove announced the big-box’s decision, stating …

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The Personal Side of Selling Your Business

personal

Owning a local business is about much more than making a sale. As an owner, your business is a deeply ingrained and even personal part of your life. While that passion sets your business apart, it can also cause problems when …

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Sears Is Getting Back in the Paint Business

After four years’ absence from the market, Sears has decided to go back to selling paint. The company announced the plan earlier this week, shortly after reporting a drop in net sales in the second quarter, according to an article from …

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