With technology rapidly developing, there are some major subjects related to payment processing that business owners need to be paying attention to as we enter the new year. To get clarification on some of the most talked about topics, Hardware Retailing …
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Menards Plans to Build Robotic Warehouse
Wisconsin-based home improvement retailer Menards has announced plans to construct a new warehouse that will incorporate a 60-foot-tall robotic system to speed up delivery times and cut operating costs, the Eau Claire Leader-Telegram reports. “To be more competitive, we are …
Read More »Lowe’s Puts ‘Lab-Like’ Smart Home Centers in 70 Stores
As consumers become more tech savvy and connected than ever before, retailers like Lowe’s are offering smart home products to meet evolving consumer needs. To help integrate these products and connected systems into customers’ everyday lives, Lowe’s has launched a store-within-a-store smart home concept inside …
Read More »Merchandising Chief Out at J.C. Penney to ‘Streamline Decision-Making’
The role of chief merchandising officer has been eliminated at big-box department store J.C. Penney, CNBC reports. The retailer says in its press release that the move is part of an “organizational restructuring to streamline decision-making and promote greater agility …
Read More »Amazon Cash Expands to 8,000 7-Eleven Locations
Amazon Cash, a service that lets customers instantly add money to their Amazon.com accounts at brick-and-mortar retail locations, is now available at approximately 8,000 7-Eleven locations, technology blog TechCrunch reports. The service launched in April 2017 “as a way to …
Read More »Walmart Adding Aisle-Scanning Robots to 50 Stores
Robots are part of Walmart’s strategy for improving its inventory management, as the retailer announces plans to add technologically advanced assistants in 50 U.S. stores, Business Insider reports. The big-box retailer tested the robots at a small number of stores in Arkansas and California earlier …
Read More »Walmart’s Marc Lore Discusses Retailer’s Online Acquisition Strategy
Speaking with the Wall Street Journal, Walmart’s e-commerce chief Marc Lore discussed the importance of recent online acquisitions and Walmart’s ongoing plans to complete digitally. After recently acquiring many online companies, including ShoeBuy, Bonobos, ModCloth and delivery company Parcel, Lore …
Read More »Do it Best Fall Market Focuses on LBM, Connectedness
The 2017 Do it Best Fall Market kicked off Friday, Oct. 13 in Indianapolis with a refreshed focus on lumber and building materials and a program to help retailers be successful in the expanding smart home market. The Fort Wayne, Indiana-based co-op …
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