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Big Brands’ Dash for Amazon Cash Is No Joke by Jack Neff at Ad Age. “Prime members’ conversion rates — or the percent of visitors to the site who end up buying — is just over 60%, Mr. Caine said. “When you look at those same people, they’re converting at a rate of only […]
Wegmans top supermarket in Consumer Reports survey (Costco #6, BJ’s #42, Target #45, Sam’s #47) by Emily Babay at Philly.com. “The results, which appear in the May issue of the magazine, are based on nearly 63,000 responses that reflect about 111,200 shopping trips readers took between March 2013 and July 2014.” Read more […]
Wal-Mart Ratchets Up Pressure on Suppliers to Cut Prices by Paul Ziobro & Serena Ng at WSJ. “The retailing behemoth says it has been telling suppliers to forgo investments in joint marketing with the retailer and plow the savings into lower prices instead…“They kept pushing, ‘We’re going back to basics, it’s all about low […]
Walmart Canada says no more free shipping for most orders under $50 by Ashante Infantry at Toronto Star. “Walmart Canada is implementing a $50 minimum order for free standard online shipping, and shoppers can thank Target Canada’s demise for the change, a retail expert says. “It’s a fall-out of easing competition,” said Schulich School of […]
Laid-off Target workers support each other online by Kavita Kumar at Star-Tribune. “When (John) Drevlow settles in at his home computer each morning, one of his first stops online is a private Facebook group that connects Target employees and those it recently idled. The nearly 5,000 people in the group share job leads, contacts […]
Forbes: America’s Top 500 Employers (Costco #2, Winco #241, Bass Pro #402, JCP #494). See the top 500 list Report: Amazon makes even temporary warehouse workers sign 18-month non-competes by Spencer Woodman at The Verge. “The Amazon contract, obtained by The Verge, requires employees to promise that they will not work at any […]
Costco’s Jim Sinegal Honored at Univ. of Notre Dame – Reflects on Success by Heidi Prescott at South Bend Tribune. “Q: You said a lot of luck along the way. What kind of luck? A: We were about ready to open our first warehouse in Seattle when we got a letter from the city. They were […]
Wal-Mart uses discount to woo more consumers to pickup format by Kim Souza at The City Wire. “Using targeted emails to Walmart.com customers in the test areas like Northwest Arkansas, Wal-Mart agreed to give a $10 discount on a user’s first $50 order. This offer went out to proposed customers on Monday (March 24) […]