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“Amazon Plans Major Move Into Grocery Business” at Reuters via CNBC. “Amazon.com is planning a major roll-out of an online grocery business that it has been developing for years, targeting one of the largest retail sectors yet to be upended by e-commerce, according to two people familiar with the situation…Amazon now plans to expand […]
“Walmart offers fresh produce guarantee to shoppers” “Walmart is able to cut the time it takes to get produce into stores by buying directly from growers and relying on its own distribution centers and trucking systems. It has produce experts working with farmers in key growing regions and aims to double its sales of […]
“Home Depot makes a one-time exception so it can get in on the oil boom” by Sam Black at Minn./St. Paul Bus. Journal. “How urgently does The Home Depot want to get into the oil-boom area in western North Dakota? Consider that for the first time in the company’s history, Home Depot is converting […]
“The Home Depot to hold more than 700 hurricane workshops in stores from Texas to Maine” “Hurricane Preparedness Workshops are free and will be held on Saturday, July 27 from 10 a.m. – 11:30 a.m. local time. Participating stores and registration information is located at workshops.homedepot.com, where customers can find information on all other […]
“Low Prices Help Costco’s Quarterly Profit Rise ” at CNBC. “Costco Wholesale reported third-quarter profit just above analysts’ estimates, as its low prices for food and gasoline appealed to shoppers…Total sales at stores open at least a year, or same-store sales, rose 5 percent.” Read more: https://www.cnbc.com/id/100770469 “Costco Wholesale Corporation Reports Third Quarter and […]
“Walmart.com hires a VP of marketing” by Thad Reuter at Internet Retailer. “Wal-Mart Stores Inc. has hired Brian Monahan as vice president of marketing for Walmart.com. He starts his job today and reports to Joel Anderson, president and CEO of Walmart.com U.S.Walmart.com is No. 4 in the new Internet Retailer Top 500 Guide.” Read […]
“Wal-Mart Plasters Stores With Green Dots to Stay Stocked” by Renee Dudley at Businessweek. “In April, Acosta Inc., a Jacksonville, Florida-based consulting firm, began the green-dot program in Wal-Mart’s U.S. stores after previously conducting shelf audits without telling workers what items would be monitored.” Read more: https://www.businessweek.com/news/2013-05-24/wal-mart-plasters-stores-with-green-dots-to-stay-stocked-retail “Say ‘I Do’ in Target’s Budget […]
“The Rise of Virtual Brick-and-Mortars” by Jeffrey Rayport at HBR. “UK-based retailer, Tesco, has launched an array of “virtual” stores designed to sell products with no merchandise. The world’s first virtual store was a Tesco Homeplus opened in the Seoul Subway in August 2011. This wasn’t really a store: it was a wall that […]