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Lowe’s set to open its first store in Manhattan by Lisa Fickenscher at NY Post. “Anchoring the corner of Broadway and West 68th Street, in a former Food Emporium space, Lowe’s is unveiling what it describes as a “test store,” a smaller format that will be a model for other urban stores across the […]
Another Target Executive is Leaving Company by Nick Halter at Minneapolis/St. Paul Business Journal. ” …this time it’s Judy Werthauser, the senior vice president of human resources, headquarters…by my count at least eight of the company’s top 50 executives have left since Cornell’s arrival.” Read more CVS accused of overcharging thousands of customers for generic drugs […]
They Came, They Saw but Did They Shop? At Costco and Dollar Stores, They Did by Kate Kaye at Ad Age. “Costco shoppers spend 149% more per visit than at the average retailer, and dollar store shoppers are around 30% more likely to make a purchase than when visiting other retailers.” Read more […]
Top Target Digital Executive Alan Wizemann Is Leaving by Jason Del Rey at Recode. “Wizemann started working with Target in late 2012 as a consultant, when he helped overhaul the team building the Cartwheel coupon app…Wizemann is an entrepreneur at heart, having founded several startups before he joined Target. He also lives full time […]
Millennials May Shop Walmart, But They Don’t Love Walmart by Pam Goodfellow at Forbes. “Millennials’ Net Promoter® Scores for Target were higher than their Walmart-shopping counterparts’ ratings in 24 of 25 categories.” Read more Are You Geek Chic Or Earthy Explorer? Target’s Digital Design Tool Will Tell You by Courtney Fishman at Ad […]
Report: Amazon planning drive-up grocery stores by Nathan Donato-Weinstein at Silicon Valley Business Journal. “The e-commerce giant is developing a new drive-up store concept in Silicon Valley that will allow consumers to order grocery items online, then schedule a pickup at a dedicated facility, according to industry sources familiar with Amazon’s plans.” Read more […]
Wal-Mart is joining Target in bid to woo millennial parents by Kavita Kumar at Star Tribune. “(Wal-mart)… has added hundreds of new baby products to its lineup in the last years from about 20 national brands including Baby Bjorn, Ella’s, and Plum Organics…Wal-Mart executives would not say how big of an increase this is […]
Wal-Mart buys out China e-commerce firm Yihaodian at Reuters. “Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online.” Read more Amazon’s Latest Prime Perk: A Five Percent Cash-Back Credit Card by Jason Del […]