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“Target & Its 15,000 Vine Followers” For those who haven’t jumped on the bandwagon yet, the idea behind Vine is simple: You create and share six-second videos that play on a continuous loop. “It offers a constraint that other platforms don’t have,” says Travis. “It’s only six seconds. You can’t shoot something and upload […]
“No More Waiting In Line: Lowe’s & Other Leading Retailers Scheduling In-Store Appointments” by Andria Cheng at Market Watch. “Besides enticing them to come to stores, retailers also survey these customers and then proactively aim more relevant marketing campaigns at them, he said. The number of shoppers using those tools is expected to double […]
“Costco Secrets – Summer 2013” by Len Rapoport. “At the new store we noticed Poland Spring Sport Cap water was a dollar less then it is in our Hazlet store. It was $4.59 a case vs. $5.49, we thought it might have been a mistake and later found out it was not. Different Costco […]
“Loblaw’s bulk buy: $12.4-billion deal for Shoppers creates a colossus of retail (Canada)” by Simon Houpt at Globe and Mail. “Canada’s biggest grocery chain and the country’s largest pharmacy will become one company, creating a homegrown juggernaut in the face of stiffer competition from the consolidation of existing players and the entry of a […]
“Why Costco Rules in Hearing Aids … and Gummy Bears” by Kyle Stock at Businessweek. “We followed up with Richard Chavez, Costco’s senior vice president in charge of ancillary businesses, to see just how much hearing-aid revenue the wholesaler was talking about. “A lot,” he says with a laugh. “We’re now one of the […]
“Sun Tzu at Sears: Managers Go to War With Each Other” by Mina Kimes at Businessweek. “The divisions turned against each other—and Sears and Kmart, the overarching brands, suffered. Interviews with more than 40 former executives, many of whom sat at the highest levels of the company, paint a picture of a business that’s […]
“Home Depot Presents at Canada Investor Road Show” by Seeking Alpha. “Execs with Home Depot presented at the Canada Investor Road Show on Wednesday with a detailed look at the home improvement market in the U.S. A key point from the talk is how the company sees the financing/credit atmosphere going from “tight” to […]
“Family Dollar Comp Sales +2.9% in Q3” “Net sales for the third quarter ended June 1, 2013, increased 9.0% to $2.57 billion from $2.36 billion in the third quarter of fiscal 2012 ended May 26, 2012. Comparable store sales in the quarter increased 2.9%. The increase in comparable store sales was a result […]