Americans spent more on Black Friday 2019 than ever before, according to new data from USA Today and financial technology firm Fiserv Inc. Both online and in-store sales grew over 2018 figures, according to the firm. Brick-and-mortar sales grew by …
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Do Brands Need Amazon?
In November, Nike said it would no longer sell its merchandise on Amazon. Instead, the company would focus on its own direct-to-consumer e-commerce sales. The decision is creating uncertainty as to how strongly established brands should rely on the e-commerce …
Read More »Maine Retailer Empowers Team to Find Their Voice
In 2010, Kevin Hancock had a lot on his mind. As the chairman, president and CEO of Hancock Lumber, a seventh-generation family business that employs over 500 people, he was focused on navigating the operation through the recession. On top …
Read More »Do it Best Announces New Director of International Sales
Do it Best Corp. has named a new director of international sales with its promotion of industry veteran Scott Sproul, effective immediately. “Do it Best is committed to be the industry’s first and best choice for independent home improvement retailers, …
Read More »Lowe’s CEO Reflects on His First Year in Charge
In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the …
Read More »Write Home About It: Chronicling Home Depot’s Start
Bob Andelman wrote the book on Home Depot when he co-authored “Built From Scratch” with co-founders Bernard Marcus and Arthur Blank. The book was published in 1999 and charted the first 20 years of the company. It has gone on …
Read More »Listen Up: NRHA Launches First New Podcast Series
Across industries, podcasts are becoming increasingly crucial ways of sharing information and learning from experts. From podcasts centered on the latest movies and TV, to political and comedy programs, podcasts are bringing new voices and new ideas to engaged audiences. …
Read More »When Sears Soared and Stumbled
Historian Jerry Hancock grew up in the shadow of Sears. He says that as a child in rural Georgia, the company influenced almost every aspect of his life. From the tools his father used around their home to the clothes …
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