Today’s Tipsheet: Walmart’s Green Dots | Target’s Budget Bridal Line | H.Depot’s “Fun” Shareholder Mtg

“Wal-Mart Plasters Stores With Green Dots to Stay Stocked” by Renee Dudley at Businessweek.  “In April, Acosta Inc., a Jacksonville, Florida-based consulting firm, began the green-dot program in Wal-Mart’s U.S. stores after previously conducting shelf audits without telling workers what items would be monitored.”  Read more:  https://www.businessweek.com/news/2013-05-24/wal-mart-plasters-stores-with-green-dots-to-stay-stocked-retail

“Say ‘I Do’ in Target’s Budget Bridal Line” by Kate Rogers at Fox Business News.  “The discount retailer announced this week a new line of wedding dresses that are all priced at $130 or less. And with the average bride spending $1,211 on their dress, according to The Knot.com.  Brides can browse the offerings exclusively on Target.com, which has four brides’ dresses, 10 bridesmaids’ dresses and two flower girl dresses. All of the designs are from Target’s in-house bridal collection Tevolio.”  Read more: https://www.foxbusiness.com/personal-finance/2013/05/24/say-do-in-targets-budget-bridal-line/#ixzz2UZphwKLS

“How ‘Extreme Couponing’ Is Ruining Coupons” by Brad Tuttle at Time.  “A NCH Marketing report released earlier this year indicated that there was a 17% drop in coupon redemption in 2012. Among consumers who used fewer coupons last year, the most popular explanation given for the decreasing in couponing was this: “I can’t find coupons for the products I want to buy.”  Read more: https://business.time.com/2013/05/23/how-extreme-couponing-is-ruining-coupons/#ixzz2UZcSNkQD

“Home Depot shareholders rediscover their comfort zone at annual meeting” by Maria Saporta at Saporta Report.  “After Home Depot’s annual meeting at the Cobb Galleria Thursday morning, Chairman and CEO Frank Blake was asked how he felt it went.  “It felt different,” Blake said. “This was fun.”…But perhaps the real reason the annual meeting felt different was because the rediscovery of the company’s core values and culture was now complete, and that realignment of its roots had been translated to Home Depot’s associates and shareholders.”  Read more:  https://saportareport.com/blog/2013/05/home-depot-shareholders-rediscover-their-comfort-zone-at-annual-meeting/

“Walmart job an offer H+K’s Bartlett couldn’t refuse” by Steve Barrett at PR Week.  “Bartlett will report directly to Walmart CEO Mike Duke, who joined the world’s largest retailer in 2009 to succeed Lee Scott. Earlier this month, Bloomberg News speculated that Duke himself was on his way out in the coming months, citing Walmart executives Doug McMillon and Bill Simon as possible successors.  As far as Dach is concerned, after seven years in the role it is understood he had become disillusioned with the commute to Walmart’s Bentonville base from his home in DC.”  Read more:  https://www.prweekus.com/walmart-job-an-offer-hks-bartlett-couldnt-refuse/article/294578/

“Target takes aim at repeat customers as Canadian sales ‘unexpectedly strong’” by Hollie Shaw at Financial Post.  ““People shop for food in Canada an average of 1.8 times a week and the idea is that if you get them in for food and other household items, they then cross-shop in the other departments,” said Richard Talbot, a retailing consultant…That is why Walmart opened a glut of locations with full grocery stores last year and by the end of this year will have 246 stores with food, compared with 209 now, in addition to 142 standard stores. Target’s new Canadian stores have tiny grocery departments with a limited selection of perishable items.  “The food offering is more like a convenience store, or the food department of Shoppers Drug Mart,” Mr. Talbot said. “They would do well to expand their food and get more of a direct comparable food offering to Walmart”.  Read more:  https://www.windsorstar.com/business/fp/Target+Canadian+stores+open+retailer+posts+lower+earnings/8418680/story.html

“Foe to Friend: Using Mobile to Turn ‘Showroomers’ into Buyers – Study” by Sam Gopal at Power Retail.  “TNS has released its annual Mobile Life study revealing one-third of mobile users globally ‘showroom’, a major threat to retailers.  The study was conducted between 20 November 2012 and 4 February 2013 and is based on responses from 38,000 people in 43 countries. It focuses on how people use their mobile device and the opportunities available to retailers to counteract the threat posed from ‘showrooming’.”  Read more (w/infographic):   https://www.powerretail.com.au/research-and-intelligence/using-mobile-to-turn-showroomers-into-buyers-study/#ixzz2UZexeAet

“Wal-Mart to send automated shopping lists to its mobile app” by Stephen Lawson at Tech World.  ” “The future of retailing is the history of retailing, of a personalized interactive experience for every customer delivered through a smartphone,” Thomas said. Citing independent studies of the U.S. market, Thomas said in-store buying influenced by mobile use was on track to be about twice as big as e-commerce sales by 2016…Mobile already drives about one-third of the traffic to Walmart.com, spiking to more than 40 percent during the holiday season late last year.”  Read more:  https://news.techworld.com/mobile-wireless/3448774/wal-mart-to-send-automated-shopping-lists-to-its-mobile-app/

“Don’t Read Infographics When You’re Feeling Anxious” by Nicholas Diakopolous at HBR.  “Ever had to look at a data visualization while you were in a lousy mood? Chances are you were more likely to make an error in visual judgment than if you had been feeling more cheerful. New research suggests that putting users in an emotionally positive mindset improves their accuracy in interpreting data visualizations.”  Read more:  https://blogs.hbr.org/cs/2013/05/dont_read_infographics_when_youre.html?utm_source=Socialflow&utm_medium=Tweet&utm_campaign=Socialflow