Content about Hardlines

May 22, 2013
Bon-Ton leverages tech to lower turnover

Bon-Ton is turning to PeopleAnswers to help the company improve retail sales and lower employee turnover. Under the terms of a five-year software licensing agreement, the company will leverage PeopleAnswers’ HR-focused business solution to achieve its goals.

May 22, 2013
Increased payroll tax, weather affect Target in Q1

Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

May 22, 2013
Lowe's Q1 sales feel the chill

Cool weather affected sales at Lowe's for the first quarter ended May 3.

May 22, 2013
PetSmart reports ‘solid’ Q1

PetSmart reported a net income of $102 million for the first quarter ended May 5, a 7.4% increase from $95 million during the same period last year.

May 22, 2013
Weak same-store sales affect Staples Q1 profit

Staples was hurt by a stronger dollar and weak same-store sales in North America and Europe.

May 21, 2013
AutoZone has ‘solid’ Q3

AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

May 21, 2013
Bad weather can’t hold back Home Depot Q1

The Home Depot shrugged off bad weather, and thanks, in part, to a recovering housing market, the company reported first quarter sales of $19.1 billion, up 7.4% from last year's quarter, which had one less week.

May 21, 2013
Best Buy Q1 impacted by store closures, Super Bowl

Store closures and a shift in this year’s Super Bowl affected Best Buy’s results for the 13-week period ended May 4.

May 21, 2013
Dick’s Q1 falls short of Street expectations

Although Dick’s Sporting Goods reported a year-over-year increase in revenues for first quarter 2013, performance still fell short of Wall Street expectations.

May 21, 2013
NRF opposes credit card swipe fee settlement

The National Retail Federation has announced plans to formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard. NRF is also urging retailers to carefully consider their own decisions before next week’s deadline set by the court.

May 20, 2013
GE, TCP in for a bright immediate future

Speaking to the collected body of Do it Best Dealers during the co-op's Merchandising Market Preview here, Steve Markley described light bulbs as a high-interest, high-reward category.

May 20, 2013
Ikea, Walmart anchor new shopping center

Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years.

May 20, 2013
Target tests omnichannel waters in Bay Area

Target is the latest retailer heading to the Silicon Valley to develop its omnichannel business.

May 17, 2013
J.C. Penney Q1 sales plunge

J.C. Penney reported a deeper-than-expected loss of $348 million for its first quarter, compared to $163 million in the year-ago period, amid a 16.4% decline in revenue.

May 16, 2013
Jo-Ann gears up for Memorial Day weekend event

Jo-Ann Fabric and Craft Stores plans to honor past and present members of the armed forces with its Military Discount Days — a four-day, in-store-only event Memorial Day weekend.

May 16, 2013
Kenmore celebrates centennial

Kenmore, one of Sears Holding Company’s key proprietary brands, has turned 100. The brand made its debut on sewing machines in 1913. Since then it has expanded to refrigerators, washing machines, dryers and dish washers.

May 16, 2013
RadioShack woos DIYers

RadioShack has partnered with Maker Media, the creators of Make Magazine, Makezine.com, and Maker Faire, to tap into the DIY market. Maker Media and RadioShack will collaborate on an expansive DIY product lineup.

May 16, 2013
Staples gets into home décor

Staples is not a name synonymous with home décor and specifically wall art, but the office products company is looking to change that with the launch of its Sports & Art Photo Gallery.

May 15, 2013
Build-A-Bear welcomes the SpongeBob gang

SpongeBob and Patrick are heading to Build-A-Bear Workshop thanks to an agreement between the retailer and Nickelodeon. Beginning Friday, May 17, customers will be able to make their own SpongeBob and Patrick dolls at Build-A-Bear Workshop stores.

May 15, 2013
CASPCA exec heads to Petco Foundation’s board

Petco Foundation has appointed CASPCA executive Susanne Kogut as the new executive director of its board of directors.

May 15, 2013
RadioShack courts college kids

RadioShack is courting the college market and has entered into a five-year agreement with NACSCORP, a subsidiary of the National Association of College Stores.

May 14, 2013
Dollar General is hiring

Dollar General is gearing up for a nationwide career fair to be held at 170 locations in 40 states Saturday, May 18. The event is part of the retailer's efforts to hire 10,000 new employees in May.

May 14, 2013
Former Costco VP joins Abbyson board

Mike Pollard, retired VP of Costco Wholesale, has joined the board of directors of Abbyson Living, which manufactures and imports living room, dining and bedroom furniture.

May 13, 2013
Aaron's appoints former Equifax exec SVP

Aaron's, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, has appointed Robert W. Kamerschen as the company’s new SVP and general counsel.

May 13, 2013
BJ's nips loss in the bud with new tech

BJ's Wholesale will leverage Micros-Retail's loss prevention and business analytics solution, XBR Ingenium, to increase its asset protection team’s investigative capabilities and productivity.

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