• Tipsheet: Target Bucks Satisfaction Trend | Macy’s Ends COO Role | Traffic Light Timing

    Published On: March 2, 2021Categories: Eye-on-Retail

      Target Q4 comp sales +20.5% "...comparable traffic growth of 6.5 percent and a 13.1 percent increase in average ticket. Store comparable sales increased 6.9 percent. Digital comparable sales grew 118 percent...More than 95 percent of Target's fourth quarter sales were fulfilled by its stores." Press release   Kohl's Q4 net sales fell to $5.88 billion from $6.54 billion a year earlier, topping the $5.86 billion forecast by analysts at CNBC. Read more   Customer Satisfaction in Retail Falls to Lowest Point Since 2015, ACSI Data Show "For 2020, online retail loses the most ground among all retail categories, tumbling [...]

  • Tipsheet: WM Poaches Goldman | Giant Eagle #1 w/Greenpeace | CA City: No New Gas Stations

    Published On: March 1, 2021Categories: Eye-on-Retail

      Goldman Consumer Head Is Leaving to Run Walmart Fintech at Wall Street Journal. "Mr. Ismail, who first joined Goldman nearly 20 years ago, was among a group of executives who came up with a strategy to expand into digital banking services in 2014. By the end of last year, that business generated $1.2 billion in annual revenue, had amassed $97 billion in deposits and held $8 billion in consumer-loan balances." WSJ subs.   Walmart Lures Goldman Bankers in Bid to Fight Wall Street at Bloomberg. "David Stark, one of (Omer Ismail's) top lieutenants at Goldman, will join him in [...]

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