Eye-on-Retail Tipsheet 1/7/13: Target’s ‘Project Bacon’; The Sharing Economy

 

“The leaders in social commerce are not the usual suspects” by Stefany Moore at Internet Retailer.  “On average, retailers in the Social Media 300 get 4.25% of their total site traffic directly from Facebook, Twitter and Pinterest. Those numbers vary widely from top to bottom—ranging anywhere from 0.33% for sporting goods merchant The Sportsman’s Guide (No. 300) all the way to 30% of site traffic for PetFlow.com.  And while it may be surprising as to which merchants are landing in the top of the rankings, it’s also important to note which ones are missing. The largest online merchant, Amazon.com Inc., and the world’s largest chain retailer, Wal-Mart Stores Inc., both are ranked below 125. Other retail chains like Barnes & Noble Inc., Target Corp., Walgreen Co. and Best Buy Co. also fail to make the Top 100. In fact, there isn’t a single retailer with a physical store in the Top 10.”  Read more:  https://www.internetretailer.com/2013/01/03/leaders-social-commerce-are-not-usual-suspects

 

“Target dubs its retailing plan for Zellers in Canada ‘Project Bacon'” by Glenda Luymes at Times Colonist.  “Project Bacon is the tongue-in-cheek name given to U.S. retail giant Target’s plan to break into the Canadian market — one of several revelations contained in a recent B.C. Labour Relations Board decision that also details the fate and value of Zellers’ pharmacy files and prescription information about thousands of customers.”  Read more:  https://www.timescolonist.com/news/local/target-dubs-its-retailing-plan-for-zellers-in-canada-project-bacon-1.40803

 

“Is the Sharing Economy an Opportunity or a Threat to Existing Businesses?”  by RP Siegel at Triple Pundit.  “Manufacturers use the term “excess capacity” to refer to an underutilized asset that is not being fully exploited to create value, be it an idle assembly line or a factory running only one shift when it could potentially be running two or three.  When viewed from this perspective, the non-commercial sector of our society can clearly be seen as overflowing with excess capacity. It could take the form of anything from an extra bedroom sitting empty, to an underutilized piece of garden equipment, to your car sitting idle while you work at home…Thus we have the basis for the sharing economy; a newly emergent business trend that might just revolutionize the way business is done.”  Read more:  https://www.triplepundit.com/2013/01/sharing-economy-opportunity-threat-existing-businesses/

 

“Eight Percent of Amazon’s Sales Are Coming From Mobile” by Tricia Duryee at All Things D.  “And while many retailers, especially smaller privately held companies, were bullish on the number of transactions coming from mobile, other larger companies — especially Amazon — have remained mum on the subject.  But in a report today, Citi Analyst Neil Doshi estimates that Amazon is generating $3 billion to $5 billion in annual sales from mobile devices.”  Read more:  https://allthingsd.com/20130104/eight-percent-of-amazons-sales-are-coming-from-mobile/

 

“Best Buy Complains About Walmart iPhone 5 Ads After Losing $65K Profit In One Day” by Killian Bell at Cult of Mac.  ““We know competitors don’t like it when we tell customers to compare prices and see for themselves,” Walmart spokesman Steven Restivo told The Wall Street Journal. “We are confident on the legal, ethical and methodological standards associated with our price comparison ads.”  Read more:  https://www.cultofmac.com/208401/best-buy-complains-about-walmart-iphone-5-ads-after-losing-65k-profit-in-one-day/#0HBIUdHV2WpFOw7g.99

 

“Target ad campaign puts food in the spotlight” by Mae Anderson at AP via Yahoo News.  “Target, with ad agency Mono in Minneapolis, created the tongue-in-cheek campaign that treats groceries and home products like fashion accessories in a photo shoot. Spending is undisclosed on the ad campaign, but it will include eight TV ads that will run throughout 2013. In addition to TV spots and newspaper inserts, it will include eight TV spots, three radio ads, and digital short films that will run as banner ads online.  One TV ad shows an $11.99 bottle of Tide laundry detergent and a model in a white dress dancing fancifully.  “We all yearn for something,” says a voiceover as bubbles float by the model. “And that something is the other sock.”  Read more:  https://news.yahoo.com/target-ad-campaign-puts-food-spotlight-210605246–finance.html

 

“Cerberus nears Supervalu deal -Wall Street Journal” at Reuters.  “Private equity firm Cerberus Capital Management LP and its partners are nearing a deal to buy parts of Supervalu Inc, the Wall Street Journal reported on Friday, sending shares of the grocery chain up 15 percent.  Cerberus and its partners will buy some assets of the company and take a stake in the remainder, which is expected to remain public, the newspaper said, citing a person with knowledge of the plan.”  Read more:  https://www.reuters.com/article/2013/01/04/supervalu-cerberus-idUSL1E9C470520130104

 

“Wegmans Freezes Prices on 53 Products this Winter” by Katrina Rossos at Manalapan Patch.  “This winter Wegmans has instituted a price freeze on over 50 products that families tend to buy the most during the winter months. The winter price freeze will last until April 6, 2013…Meat, seafood, produce, dairy, deli, bakery, grocery and frozen food products all make up the comprised list; the seasonality of the list is reflected in the produce. This year, citrus items such as Clementine tangerines and navel and Mineola oranges have been added to the list this year. Due to a successful peanut crop last year, the cost of Wegmans peanut butter has dropped from $1.99 to $1.69.”  Read more:  https://manalapan.patch.com/articles/wegmans-freezes-prices-on-53-products-during-winter-months

 

“Office Depot Announces Departure of Kevin Peters, President, North America” at Yahoo Finance.  “Office Depot today announced that Kevin Peters, President, North America, is leaving the organization, effective immediately, to take the position of Chief Executive Officer at an industrial distribution company.  Neil Austrian, Chairman and Chief Executive Officer of Office Depot, will oversee the company’s North American business.”  Read more:  https://finance.yahoo.com/news/office-depot-announces-departure-kevin-210000692.html

 

Thanks for reading…

 

Follow us on Twitter @retaileyeretail

 

Eye-on-Retail Tipsheet 1/4/13: Walmart Ads Under Fire; 10 Big Retail Trends

 

“Rivals Object to Wal-Mart Ads” by Ann Zimmerman and Shelly Banjo at WSJ.  “An aggressive Wal-Mart Stores Inc.   advertising campaign that claims better prices than specific, named competitors has rankled rivals, which have complained to attorneys general in more than half a dozen states…The Bentonville, Ark., giant said last year that the initial ads spurred a 1.2% boost in sales at stores open at least a year and a 1.1% rise in store visits in areas where the ads aired, compared with similar regions where they didn’t run. Likening the ads’ techniques to reality shows, Wal-Mart U.S. President Bill Simon said at a September retail conference, “We’re able to film these ads on a Tuesday, get them on the air on a Thursday.” The result, he said, is that Wal-Mart can “deliver a far more intense, far more directed message.”  But rivals claim in documents reviewed by The Wall Street Journal that Wal-Mart’s ads cross a line by making misleading comparisons or promoting products the company doesn’t have in ample supply.  Read more:  https://online.wsj.com/article/SB10001424127887323689604578219703156296568.html

 

“10 Big Retail Trends from the 2012 Holiday Shopping Season” by Brad Tuttle at Time.  “What did the 2012 holidays teach us about the current state of shoppers—and, of course, the places where they shop?   Here are 10 notable trends:

*  The Expansion of Black Friday—and the Entire Season

*  Soaring Online Sales, So-So In-Store Sales

*  Brick-and-Mortar and Online (Try to) Become One

*  More Shipping Deals—Speedy, Free, You Name It

*  More and More “Leaked” Black Friday Ads

*  Price Matching Crosses the Digital Line

*  Layaway: Popular with Stores and Shoppers Alike

*  The Discounts Just Keep on Coming

*  Season of Giving—To Oneself

*  Here’s a Gift—So You Can Pick Out Your Own Gift

Read more: https://business.time.com/2012/12/28/10-big-retail-trends-from-the-2012-holiday-shopping-season/#ixzz2H0boEHN1

 

“Family Dollar profit hit by focus on everyday items” at Reuters.  “The discount chain added cigarettes and other tobacco products, Pepsi drinks, gift cards, magazines and some other goods to its assortment in recent months in an attempt to better compete against chains such as Dollar General Corp.  Its profit was $80.3 million, or 69 cents a share, in the fiscal first-quarter that ended Nov. 24, compared with a profit of $80.4 percent, or 68 cents, a year earlier.”  Read more:  https://www.reuters.com/article/2013/01/03/familydollar-results-idUSL1E8NV27S20130103

 

“Higher Lumber Prices Are Good News For Lowe’s And Home Depot” at Trefis (Text and Charts).  “Sales from housing materials contributed around 19% to total revenues in 2011 for Home Depot while the corresponding figure for Lowe’s stood at around 18%. We estimate that the Home Depot and Lowe’s derive around 18% of their total stock value from their building materials products. And both companies derive over 90% of their revenues from the U.S. Stronger demand in the segment is likely to benefit both companies equally.”  https://www.trefis.com/stock/hd/articles/159249/higher-lumber-prices-are-good-news-for-lowes-and-home-depot/2013-01-03

 

“To Spur Growth, Target Profitable “Prosumers” by Eddie Yoon at Harvard Business Review.  “”Prosumer” is a word you probably have seen in the camera category. A prosumer camera is one that is borderline professional grade but a price point in between a consumer camera (few hundred dollars) and a professional camera (few thousand dollars)…Prosumers can be the guide to finding unmet demand on the price/value curve. By finding distinct buyers who are willing to pay more, accentuating your product’s cachet via the right professional endorsements, and finding key upgrades with minimal cost of goods or delivery system, you can command much higher prices. For example, UnderArmour provides athletic gear used by professional athletes to the masses. Almost Family provides professional hospital nursing care in the comfort of your home for a tenth of the cost. Costco and Sam’s Club allow consumers to buy great quality and a better bulk price like a business wholesaler.”  Read more:  https://blogs.hbr.org/cs/2013/01/to_spur_growth_target_profitab.html

 

“Wal-Mart appoints Lev Khasis to develop new store concepts” at Reuters.  “Khasis, who joined Wal-Mart in 2011 as senior vice-president, will focus on developing new store concepts that can be deployed across markets, Wal-Mart spokesperson Kevin Gardner said in an e-mail statement.  Khasis built up Russia’s biggest food retailer X5  through acquisitions into a Russian market leader until his resignation in 2011.”  Read more:  https://www.reuters.com/article/2013/01/04/us-walmart-international-idUSBRE90302120130104

 

Google’s “The Home Depot: 360 mobile strategy bridges the gap between in-store and mobile experience” at Mobile Marketing Association (Downloadable PDF).  Read at:  https://www.mmaglobal.com/studies/home-depot-360-mobile-strategy-bridges-gap-between-store-and-mobile-experience

 

“Target Sees 4Q Beat Despite Dreary December” by Matt Egan at Fox Business.  “Despite stumbling in the crucial month of December, discount retailer Target relieved shareholders on Thursday by saying it expects to meet or beat the conservative end of its fourth-quarter earnings outlook…Target said its same-store sales were essentially flat in December due to “softness” during the first three weeks of the month. Wall Street had been anticipating slight growth of about 0.8% for last month.”  Read more: https://www.foxbusiness.com/industries/2013/01/03/target-sees-4q-beat-despite-dreary-december/#ixzz2H0kCgOCI

 

“Amazon Is The Real Reason Google Is Forcing Everyone To Join Google+” by Jim Edwards at Business Insider via WSJ.  “First, here’s what’s at stake, per the WSJ:  Because using Google+ requires people to sign in to their Google accounts, Google will be able to blend mounds of data about individual users’ search habits and the websites they visit with their activities on Google+. That is a potential boon to Google’s ad business, from which the company derives about 95% of its more than $40 billion in annual revenue, excluding its new Motorola phone-making unit.”  Read more: https://www.businessinsider.com/google-forcing-everyone-to-sign-up-for-google-2013-1#ixzz2H0r6o3l4

 

“CONNECTIONS™ Summit: Lowe’s to showcase Iris platform and connected home solutions during networking reception” at Herald Online.  “Parks Associates today announced Lowe’s as the exclusive sponsor of the CONNECTIONS™ Summit networking reception, January 8 at 2013 International CES in Las Vegas. The reception starts at 6:00 p.m. following a full day of sessions addressing connected CE, home systems, tech support, and value-added services. The reception will showcase Lowe’s Iris platform and feature networking opportunities to discuss strategies to engage consumers with new home controls and management solutions.”  Read more  https://www.heraldonline.com/2013/01/03/4517981/connections-summit-lowes-to-showcase.html#storylink=cpy

 

 

 

 

 

 

Eye-on-Retail Tipsheet 1/3/13: Home Depot #1 in Radio; Facebook Selling

 

“Facebook, Google dip their toes in sale of physical goods” by Brandon Bailey in San Jose Mercury News.  “Google in particular may have reason to be concerned. While it still dominates the business of selling advertising keyed to Internet search queries, online shoppers today are more likely to start their quests on Amazon than Google, according to some studies. If that trend continues, analysts warn, it could make Google’s site less attractive to retail advertisers.  Facebook also has good reasons to offer shopping on its site, as the social network seeks to broaden its business beyond selling advertising and games. Facebook made Gifts available to all U.S. users less than two weeks ago. But Sterne Agee investment analyst Arvind Bhatia estimated the program could become a significant revenue source, contributing “several hundred million dollars” of annual earnings.”  https://www.mercurynews.com/business/ci_22239886/facebook-google-dip-their-toes-sale-physical-goods?IADID=Search-www.mercurynews.com-www.mercurynews.com

 

“From IPads to Crocs, New Patent Law Protects Design” by Jeff John Roberts in Bloomberg Businessweek.  “Design patents, which protect the ornamental features of an invention, are nothing new…The just-signed Patent Law Treaties Implantation Act of 2012 will see more design patent requests flood in from more places. The main purpose of the law is to harmonize America’s design patent laws with the rest of the world—in particular, by letting “inventors” use a single application filed anywhere in the world to seek design rights in many countries at once. For instance, Ikea could submit drawings of a chair in Sweden and get a U.S. design patent based on the same application. The law, which will take effect in about a year, will also increase the design patent term from 14 years to 15 years and allow applicants to seek 100 different design inventions with a single application.”  https://www.businessweek.com/articles/2012-12-28/from-ipads-to-crocs-new-patent-law-protects-design 

 

“Home Depot Radio’s #1 Advertiser in 2012” at Radio Ink.  Here’s the list:

2012 Rank / Company/ # of spots aired / (2011 Rank)

1) The Home Depot – 2,093,047 (2)

2) GEICO Berkshire Hathaway – 1,937,625 (1)

3) McDonald’s – 1,366,786 (3)

4) AutoZone – 990,822 (5)

5) Wal-Mart Stores – 802,351 (4)

6) Lowe’s Companies – 786,490 (9)

7) State Farm Insurance Co. – 770,512 (6)

8) Macy’s – 613,485 (17)

9) Subway – 606,883 (18)

10) Walgreens – 597,840 (23)

https://www.radioink.com/Article.asp?id=2600010&spid=24698

 

“Epic Retail Fail: Where Did the Target + Neiman Marcus Collection Go Wrong?”  by Martha C. White at Time.  “…The consensus seems to be that items like these — or rather, prices like these — just don’t belong at Target. Indeed, prices were criticized repeatedly in the blogosphere. Sure, it’s cheap for stuff with a designer’s name on it, but the prices are still much higher than what Target shoppers are used to paying, and many bloggers groused that quality was markedly inferior. Target’s Facebook fans were also underwhelmed. The words “cheap” and “overpriced” popped up often — never good, but in combination, a death sentence.”   https://business.time.com/2013/01/02/epic-retail-fail-where-did-the-target-neiman-marcus-collection-go-wrong/#ixzz2GulVT2iuW 

 

“How to Shop Target Like a Pro” by Sam Grobart at Bloomberg Business Week (Graphical Illustrations).  https://images.businessweek.com/photos/2012-12-31/how-to-shop-target-like-a-pro#slide1

 

“Amazon’s and Facebook’s Ad Privacy Practices Irk Ad Agencies” by Kate Kaye at Ad Age.  “Two of the biggest publishers on the web don’t use the advertising industry’s standardized ad-privacy program, and it’s a problem for even the largest digital-media buyers.  Facebook and Amazon both offer targeted display advertising that can sometimes incorporate behavioral data from third parties. However, while nearly every other relevant media firm, ad network and ad-data firm either uses the industry’s self-regulatory Ad Choices program or operates one that can be easily integrated with it, Facebook and Amazon do not.”  https://adage.com/article/digital/amazon-s-facebook-s-ad-privacy-practices-irk-ad-agencies/238946/

 

“Safeway CEO Steve Burd to Retire in May” by Debbie Cai in The Wall Street Journal.  “Mr. Burd said Wednesday that he needs more personal time and “given my extensive work in health care, I want to pursue that interest further.”  Like its peers, Safeway—which operates regional grocery-store chains such as its namesake stores, Vons, and Randalls—has seen its sales and profit margin squeezed by high fuel prices, increasing food costs and weak consumer confidence…Mr. Burd will help with the search and continue to assist the company after he retires from his roles on May 14, at the company’s annual stockholders meeting.” https://online.wsj.com/article/SB10001424127887323374504578218062266137592.html?mod=googlenews_wsj

 

“Costco December same-store sales up 9 percent” at Reuters.  “U.S. retailer Costco Wholesale Corp has posted a better-than-expected 9 percent rise in December sales at stores open at least a year, mainly helped by an additional sales day in the reporting period.  “This year’s December retail month had one additional day compared to last year … As a result, December total and comparable sales results benefited by approximately 2 percent,” said David Sherwood, director of finance and investor relations.”  https://www.reuters.com/article/2013/01/03/costco-results-december-idUSL4N0A82F420130103

 

“Amazon’s Record Holiday Season Boosted Its Third-Party Sellers Marketplace, Too: Sales Up 40% Year-Over-Year” by Sarah Perez at Tech Crunch.  “The Amazon Marketplace allows business customers to sell on Amazon, tapping into the e-commerce giant’s worldwide reach for a monthly subscription fee plus a selling fee when the item is purchased. According to today’s release, there are now over 2 million of these third-party sellers on Amazon, reaching the company’s 188 million active customers around the world, including the 50 U.S. states.  Amazon previously reported that 2012 was its biggest holiday season ever with over 26.5 million items ordered worldwide on its peak day, which is a record-breaking 306 items per second. Also on its peak day, Amazon’s worldwide fulfillment network shipped over 15.6 million units across all product categories. Third-party sellers apparently benefitted from the boost as well. One longtime electronics seller, Amazing Deals Online, who has been on Amazon for twelve years, reported a record holiday with an over 70 percent increase in sales from last year.”  https://techcrunch.com/2013/01/02/amazons-record-holiday-season-boosted-its-third-party-sellers-marketplace-too-sales-up-40-year-over-year/

 

“Lowe’s to open first Washington, D.C., store” in Charlotte Business Journal.  “Mooresville-based Lowe’s will occupy a 130,000-square-foot building in a new shopping center being developed by Fort Lincoln New Town Corp. The home improvement retailer joins Costco Wholesale Corp. as an anchor for the center.  Lowe’s operates more than 1,745 stores in the U.S., Canada and Mexico, generating $50.2 billion in sales in 2011. It has roughly 248,000 employees. In October 2011, the home improvement retailer announced it would close 20 underperforming stores in 15 states, but it later announced it would open a dozen new stores in fiscal 2012.”  https://www.bizjournals.com/charlotte/blog/morning-edition/2013/01/lowes-to-open-first-washington-dc.html

 

Thanks for reading…

 

Follow us on Twitter @retaileyeretail

 

 

Eye-on-Retail Tipsheet 1/2/13: Wmart #1 Mobile Retailer in ’12; Tour of Target w/CMO

 

Happy New Year !!!

 

“Amazon Is Not A Commerce Company” by Alex Williams at Tech Crunch.  ”  …It’s why 2013 will be the big year for the retail and computing giant. It’s all coming together with its growing cloud infrastructure, voluminous data streams and content. It’s what Ray Wang of Constellation Research calls “matrix commerce.”  Wang argues that Amazon is not a commerce company at all. It’s a big data company that has developed a cloud infrastructure that is profitable and subsidizes its retail operations. It has the mobile devices and content that it can spread through a network of users who pay to get it.”  https://techcrunch.com/2012/12/30/amazon-is-not-a-commerce-company/

 

“Tour of Target With New CMO Jeff Jones” at Forbes (Video).  Quotes from Jeff Jones:

“Expect more, pay less is THE idea — we’re unwavering with that brand proposition — that will always be the strategy for what we do.”

“The way we connect digitally is the next evolution of where we continue to press.”

“Creatively we’re known for brave execution”

“We’re always goings to offer the best brands…but we have 10 (proprietary) brands that are each doing over 1 billion in sales”

https://www.youtube.com/watch?v=rDPQCn62Gno

 

“Walmart is Mobile Retailer of the Year” by Rimma Kats in Mobile Commerce Daily.  “The Mobile Retailer of the Year is the most prestigious honor for smart, strategic and creative use of the mobile medium. EBay won in 2009, Target bagged the honor in 2010 and Sears took top prize in 2011…This past year, Walmart has elevated its comprehensive 360-degree mobile commerce efforts to create a more streamlined shopping experience that incorporates various channels such as mobile applications, mobile Web, augmented reality, mobile advertising, mobile bar codes, social media, location-based services and push notifications.”  https://www.mobilecommercedaily.com/walmart-is-mobile-retailer-of-the-year

 

“Kroger top stock pick for 2013 by Steve Watkins” in Business Courier (Cincinnati).  “Kroger Co. is one of MSN Money’s top stock picks for 2013. It was among a group of about 30 stocks MSN Money tabbed as good places to invest your money for the coming year.  In fact, Kroger is the top pick of Royden Ward, editor of investment newsletter the Cabot Benjamin Graham Value Letter. He expects Kroger’s stock to surge more than 30 percent in 2013. Ward wrote in MSN Money’s synopsis of Kroger, the nation’s largest operator of traditional supermarkets, that the company’s stock should rise to $35.35 in the coming year.”  https://www.bizjournals.com/cincinnati/blog/2012/12/kroger-top-stock-pick-for-2013.html

 

“The lesson from Lowe’s failed bid for Rona? In Quebec, any company can be protected” by Nicolas Van Praet at The Financial Post.  “When former Quebec finance minister Raymond Bachand declared hardware retailer Rona Inc. “a major strategic asset for Canada” this past summer and vowed to keep it out of the hands of U.S. suitor Lowe’s Cos., Bay Street erupted in howls of laughter and bewilderment…It wasn’t a joke. And though Mr. Bachand’s Liberals were ousted from power by the separatist Parti Québécois, the legacy of his position remains. Lowe’s withdrew its $1.8-billion offer. And many investors are now eyeing every Quebec-based company through a lens of state interference.”  https://business.financialpost.com/2012/12/29/the-lesson-from-lowes-failed-bid-for-rona-in-quebec-any-company-can-be-protected/

 

“Amazon versus Walmart and the usability testing results” by Craig Tomlin at Useful Usability.  “Amazon and Walmart are kings of eCommerce. But how do they compare in usability? To answer this, I created a simple but useful usability test: something thousands of users were trying to do this holiday season, finding and buying an iPad…The primary advantage Walmart has over Amazon is the availability of filters on the left side of the products search results pages. This filter set enables users to very easily target products that meet their parameters, to find the best product possible for the given budget range.”  https://www.usefulusability.com/amazon-versus-walmart-usability-testing-results/

 

“Zagara’s family grocery prepares for new big competitor (in Cleveland Heights, OH), Walmart” by Janet Cho in Cleveland Plain.  “…He said his father always told him, “If you listen to your customers, they’ll help you run your business and make your business better.”  But a new competitor coming next summer — a 180,000-square-foot Walmart Supercenter that will be open 24/7 — has prompted Zagara to sharpen his focus on winning over his customers.  “Walmart will have an effect on us,” he said. “The question is how much of an effect and what happens after six months? How well prepared are we to handle our customer when they tire of that big-box experience? How can we thrive, not just survive?”  https://www.cleveland.com/business/index.ssf/2012/12/zagaras_family_grocery_prepare.html

 

“Contractor Demand May Propel Home Depot Higher In 2013” by Todd Campbell at Seeking Alpha.  “Home Depot is just starting to see the benefits of higher construction spending. As homebuilding continues higher, contractor business is starting to climb. And that weakness offers a nice chance for investors to buy this retailer ahead of the spring season…Last quarter, the company’s sales climbed 4.6% to $18.1 billion as comparable store sales increased 4.2%. Net earnings were up 23.3%. Across the nation, the strongest categories were lumber, decor, kitchen, paint and lighting.  The strength allowed the company to boost full year sales and earnings guidance to 5.2% and 18%, respectively.”  https://seekingalpha.com/article/1089091-contractor-demand-may-propel-home-depot-higher-in-2013

 

“Whole Foods Top Food Retail Stock in 2012” at Supermarket News.  “Whole Foods Market led the field of food-retailing stocks again in 2012, with a gain of nearly 35% for the year, to close at $91.16 on Dec. 31.  It marked the fourth straight year that the natural and organic product specialist led the list of food retailers and wholesalers tracked by SN, after the company’s stock lost three quarters of its value in 2008 amid the economic downturn.  https://supermarketnews.com/latest-news/whole-foods-top-food-retail-stock-2012#ixzz2GowkWx1I

 

Thanks for reading…

 

Follow us on Twitter @retaileyeretail