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But we are proud to say that jlong contributed 1942 entries already.
“Walmart’s CMO: Chief Marketing Officers should be Chief Innovation Officers” by Jack Neff at Ad Age. “Walmart allocates marketing staff on a 70-20-10 ratio, with 70% working on “Now,” or the things that drive the giant retailer’s business today; 20% focusing on what’s “New,” such as a Facebook following of 34 million; and 10% focused […]
“Lowe’s & Home Depot Prepping for Tropical Storm Karen” at WJHG-Panama City Beach. “It’s been a long time since a storm has posed a direct threat to our area. Emergency Management officials are worried people have become complacent and won’t take the Karen seriously. Workers at Home Depot and Lowe’s on Back Beach Road […]
“Home Depot’s CFO Carol Tome Speaks at Univ. of Georgia” Highlights: * “Our profits are very different…appliances are very low margin…paint brushes – we make a lot of money on those – I probably shouldn’t tell you that but we do.” * “Home Depot has a 35% share of power tools, but online Amazon […]
“Walgreen’s quarterly profit soars 86 percent” at NY Post. “Revenue from stores open at least a year climbed 4.6 percent in the quarter. Prescription sales, which accounted for about 64 percent of the company’s revenue, were up 6.1 percent. Revenue from the front end, or rest of the store, rising 1.6 percent.” Read more […]
“Wal-Mart opens largest online fulfillment center” by Alistair Barr at USA Today. “The warehouse, based in Bethlehem, Pa., will be more than 1 million square feet and employ over 350 full-time staff when it opens in the first quarter of 2014. Another new online fulfillment center, based in Fort Worth, Tex., is 800,000 square […]
“Home Depot CEO’s Interview with Fortune” by Geoff Colvin at Fortune. “Retailing is among the industries most disrupted by technology. How is Home Depot adapting its business model? The Internet does a number of things to retailers. There’s a general rule that software eats hardware, so some retailers are very disrupted — think books, […]
“It’s Target Versus Amazon in the Battle for Moms” by Brad Tuttle at Time. “Target wants its moms back. This week, Target rolled out a new diaper-delivery plan and a family friendly on-demand video streaming option. Both services are aimed at wooing moms—in particular, moms who might otherwise give their business to Amazon. While […]
“McMillon, Simon top picks as next Wal-Mart CEO” by Kim Souza at City Wire. “The Wal-Mart Board of Directors meeting scheduled for later this week may include the selection and announcement of Doug McMillon or Bill Simon as the new top boss at Wal-Mart Stores. A majority of insiders that include analysts, academics, service […]