Today’s Tipsheet: Kroger Buys Harris Teeter | Walmart Unlocking Value | Publix into NC
"Kroger to Buy Harris Teeter for $2.5 Billion in Cash" at CNBC. "The price represents a premium of 33.7 percent to the Harris Teeter closing share price on Jan. 18, 2013, the day of the first media report that Harris Teeter was evaluating strategic alternatives. Both boards have approved the buyout. Harris Teeter has 212 stores in the Southeast and Mid-Atlantic, including Washington, D.C." Read more: https://www.cnbc.com/id/100872312 "Wal-Mart: Unlocking value in a better corporate image" by Kim Souza at The City Wire. "Wal-Mart recently linked its own corporate magazine Walmart World on its website for public view. This [...]
Today’s Tipsheet: Walmart Most Patriotic | H.Depot Expands Redbeacon | Target Founder Dies
"Target Announces Opening of 20 Additional Store Locations Across Canada" at WSJ. "The openings mark the first Target store locations in Saskatchewan and follow the opening of 48 stores across Canada earlier this year. These 20 locations officially push Target past the halfway mark for store openings this year, as the retailer plans to open 124 stores across Canada throughout 2013." Read more: https://online.wsj.com/article/PR-CO-20130704-904812.html "Home Depot Uses Cloud to Tap ‘Do-It-For-Me’ Market" at WSJ. "“The market is moving from do-it-yourself to do-it-for-me,” Anthony Rodio, vice president of Home Depot, told CIO Journal. About 42% of home improvement projects [...]
Today’s Tipsheet: Target to Nix Holiday Partnerships | Walgreens Makeover | Roundy’s on Fox
"Target looks to hit pause on holiday partnerships" by Thomas Lee at Star-Tribune. "While the Minneapolis-based retailer hasn’t completely ruled it out, creating an extensive line in time for December would be highly impractical, since Target normally needs a year or so to plan such an ambitious project. “We have no current plans for a holiday design partnership,” spokeswoman Katie Boylan said. Target’s decision not to deploy its most potent weapon for the most crucial sales period of the year follows its failed collaboration with Neiman Marcus last Christmas." Read more: https://www.startribune.com/business/214090631.html "Walgreens Gets A Makeover As It Tries To [...]
Today’s Tipsheet: Amazon #2 Retailer in 2020 | Home Depot #1 in Radio | Target’s Slow Cartwheel
"Wal-Mart sits safely atop list of 100 retailers" by Kim Souza at The City Wire. "Given the current trajectory Wal-Mart would have roughly $444.4 billion in annual U.S. sales by 2020, enough to maintain the No. 1 rank among its competitors. Amazon would rank No. 2 with $215.12 billion sales if maintaining the 30% annual growth rate through 2020." Read more: https://www.thecitywire.com/node/28465#.UdIOKPnVDpU "Buying a Picasso on Amazon? Not So Crazy Anymore" by Robert Frank at CNBC. "Reports from the Art Newspaper and the Wall Street Journal say Amazon is making plans to sell fine art online. The reports [...]
Today’s Tipsheet: Walmart’s “Get on the Shelf” Competition | Retail Trends for 2nd Half of ’13
"3 Hottest Retail Topics for the First Half of 2013 - Retail Trends to Watch in the Second Half of 2013" by Barbara Farfan at Retail Industry. "Better over bigger is an obvious trend that will continue in the second half of 2013 in the U.S. retail marketplace saturated with choices. The largest U.S. retail chains will continue to "rightsize" with fewer stores and smaller formats because consumers have made it clear that more is not better - better is better." See the full list: https://retailindustry.about.com/b/2013/06/30/13-hottest-retail-topics-for-the-first-half-of-2013-retail-trends-to-watch-in-the-second-half-of-2013-aapl.htm "Walmart Competition Gives Entrepreneurs the Chance to ‘Get on the Shelf’" "Walmart [...]
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