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Tag Archives: News

Sears to Sell Off Major Brands?


Sears Holdings is continuing to look for ways to improve its business after reporting ongoing financial losses, and the company’s board of directors has decided to look at alternative approaches to selling its popular Kenmore, Craftsman and DieHard brands. The retailer has not reported what specific changes …

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Retailer Helps Victims of Ecuador Earthquake


When Wilson Bastidas heard that a 7.8 magnitude earthquake struck his home country of Ecuador on April 16, he was immediately ready to do what he could to help friends and family members who were affected. After about three hours …

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NRHA Introduces Prescription Savings Program

Prescription Card

The North American Hardware Association (NRHA) has launched a program to offer retailers an alternative way to get prescription medications at a discounted rate. These savings are made possible by RxCut®, a savings card program that is now available to …

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Law to Regulate Chemicals in Everyday Products


A proposed federal law to protect consumers and workers could become the first major update to the Toxic Substances Control Act in about 40 years. U.S. House and Senate negotiators this month came to an agreement to help set safety standards for unregulated chemicals, according …

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Predicting the Impact of New Overtime Regulations


Due to new federal regulations, many more American workers will soon be eligible for overtime pay, and the effects could be extensive. The new regulations are causing concern in the retail industry because, under the new overtime rules, many store managers and assistant managers …

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Ex-Home Depot Exec Leads J.C. Penney Into Appliance Wars

J.C. Penney is scaling up its home products business this year, and venturing back into appliance sales at 500 stores after a decades-long hiatus. The changes are coming after a successful appliance pilot program in three markets and under the leadership of CEO Marvin …

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Lowe’s Canada Proceeds With Expansion Plans


Lowe’s Canada is growing its presence, and part of that process includes moving into former Target buildings. The first location in an old Target Canada store is slated to open in late summer on Vancouver Island, says Lowe’s Canada spokeswoman Sandy Indig …

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