• Tipsheet: Kroger Abandons Alcohol Plan | Target Gets Tough/Hikes Fines | Wmart: Center Store Price War | Lowe’s CMO Jumps Ship

    Published On: May 4, 2016Categories: Eye-on-Retail

      Target gets tough with vendors to speed up supply chain by Nandita Bose & Nathan Layne at Reuters. "The sixth-largest U.S. retailer by sales plans to tighten deadlines for deliveries to its warehouses, hike fines for late deliveries, and could institute penalties of up to $10,000 for inaccuracies in product information, according to a letter sent to suppliers and obtained by Reuters and an interview with Target's chief operating officer John Mulligan." Read more   Kroger Drops Plan to Charge Alcohol Suppliers for Shelf Display via Dow Jones Business News. "In addition to dropping the fees it had planned [...]

  • Tipsheet: CVS Beats | Macy’s New Agencies | Radio: Lowe’s Creeps on H.Depot | When Prince Ran a Retail Store

    Published On: May 3, 2016Categories: Eye-on-Retail

      CVS Q1 Comp Sales +4.2% "Pharmacy same store sales rose 5.5%...Front store same store sales increased 0.7%" Read the release   ...CVS Health 1Q Earnings Beat Expectations via Fox Business. "Net revenue rose 19 percent to $43.22 billion, beating analysts' estimates of $43 billion." Read more   Amazon finally brings its one-hour Prime Now delivery service to the web by Jason Del Rey at Recode. "Amazon Prime customers can now place orders for one-hour or two-hour delivery on PrimeNow.com." Read more   Macy's Selects New Creative Agencies by Adrianne Pasquarelli at Ad Age. "Before next Christmas, consumers will see [...]

  • Tipsheet: H.Depot CMO Resigns | Prince’s Walgreens Raided | Target Brand Scores Fall

    Published On: May 2, 2016Categories: Eye-on-Retail

      Authorities raid MN Walgreens where Prince reportedly picked up prescriptions for heavy-duty medications by Nancy Dillon at NY Daily News. "Investigators spent several hours combing through the store's pharmacy records looking for evidence of doctors involved, drugs dispensed and possible aliases used, (TMZ) said. Unidentified family members reportedly told TMZ that Prince had multiple doctors scoring him prescriptions, including a "personal friend." Read more   Home Depot's CMO Trish Mueller Resigns by Patrick Coffee at Adweek. "(Kevin Hofmann's promotion) allows us to further integrate our digital assets to optimize our interconnected retail model," Holmes told Adweek. "When you look at the [...]

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