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Walmart opens 21st store in India after a hiatus of about four years at The Economic Times. “Walmart India recently announced plans to add 50 more cash and carry stores over four to five years, saying it continues to focus on B2B segment in the country.” Read more Target Names Former Clorox, Safeway […]
Target execs ask suppliers to embrace changes in stores and online by Kavita Kumar at Star Tribune. “That anxiety is being especially felt among packaged-food companies as Target looks to add more natural and organic products to its shelves. “There’s a simple truth: This wellness movement is incredibly important to our guest,” Cornell said. “It’s […]
Humane Society ups PR ante in battle with Costco by Kate Gibson at CBS Money Watch. “Starting Monday, the animal welfare group will broadcast graphic footage of hens allegedly being mistreated at a Pennsylvania supplier of eggs to Costco on a 1,700 square-foot billboard in Times Square. The group shot the undercover footage as […]
Target to remove gender-based labeling in toy aisles by Kavita Kumar at Star-Tribune. “(Target) said its teams are identifying other parts of the store where they could make similar changes, but added that gender-based language still makes sense in some departments such as apparel where sizing and fit are different.” Read more …“Why don’t […]
Unintended Consequence of Wal-Mart’s Raise: Unhappy Workers by Shannon Pettypiece at Bloomberg. “It is pitting people against each other,” said Charmaine Givens-Thomas, a 10-year Wal-Mart veteran. “It hurts morale when people feel like they aren’t being appreciated. I hear people every day talking about looking for other jobs and wanting to remove themselves from […]
Retail’s Top 25 Earners by Arthur Zaczkiewicz at Women’s Wear Daily (Brian Cornell #2, Marvin Ellison #4, Doug McMillon #6) See the top 25 list and how much they earn Costco’s French Revolution by Angel Gonzalez by Seattle Times. “After four years mired in a thicket of red tape, Costco Wholesale is getting […]
Target testing beacons to provide in-store shoppers coupons, recommendations by Kavita Kumar at Star-Tribune. “The experiment is Target’s first major foray into beacons. It is starting out with 50 stores in markets such as Denver, Chicago, Seattle and San Francisco as well as in 15 stores in the Twin Cities. In each of the […]
CVS Q2 Comp +0.5% (Pharmacy +4.1%, Front end -7.8%) “Net revenues for the three months ended June 30, 2015, increased 7.4%, or $2.6 billion, to $37.2 billion compared to the three months ended June 30, 2014.” Read the release Lowe’s Taps Into Tech to Promote New Manhattan Locations by Ashley Rodriguez at Ad Age. “A lot of work […]