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“Wal-Mart’s top merchandisers share insights” by Kim Souza at The City Wire. “In a rare panel discussion held Thursday (May 16), four senior management merchandisers for Walmart U.S. spoke candidly about the importance of communication in the busiest company on the planet…Buchanan added that for his team, localization means figuring out what the customers […]
“Walmart Disappoints But Stays Course on Price Ads and Ecommerce” by Jack Neff at Ad Age. “But executives pointed to things they said are producing positive results, including aggressive pricing, particularly on groceries, backed by local market-basket price-comparison ads on TV and radio that U.S. CEO Bill Simon said will now expand to 70% […]
Walmart Q1 Earnings Released this Morning: How Walmart Sees it: “Walmart reports a 4.6 percent increase for Q1 EPS of $1.14; U.S. businesses forecast positive comp sales for Q2.” from Walmart Press Release. “Walmart U.S. comp sales declined 1.4 percent in the 13-week period from Jan. 26 to Apr. 26, 2013. Comp sales […]
“Two More Deals in Wal-Mart’s Dotcom Acquisition Spree” by Shelly Banjo at WSJ. “Tuesday’s acquisitions include Tasty Labs, a software application development company started by former Google and Mozilla employees and was backed by venture capital giants Andreessen Horowitz and Union Square ventures, as well as OneOps, a cloud computing company started by a […]
“Walmart Q1 Earnings Preview” at Trefis. “Wal-Mart will release its Q1 fiscal 2014 results on May 16. Although the retailer performed steadily throughout fiscal 2013, we expect it to report relatively slow growth during this quarter. Higher payroll taxes and delays in tax refunds will be some of the key factors governing the retailer’s […]
“Week Ahead: Retail Earnings and Lots of Data” by Dunstan Prial at Fox Business. “Bellwether retailers scheduled to release their quarterly earnings reports include Macy’s (M), Kohl’s (KSS), Nordstrom (JWN), J.C. Penney (JCP) and the biggest of all, Wal-Mart (WMT). Analysts say retailers on the whole likely suffered a bit last quarter due to […]
“Home Depot’s CMO Trish Mueller Discusses Mobile Initiatives” by Mark Walsh at Media Post. “In the social realm, Mueller was bullish on Twitter, calling the microblogging service “a new horizon in terms of information and connectivity for consumers, more so than other social platforms.” Home Depot has recently tested pushing tweets to mobile users […]
“Pinterest Pins Its Hopes On International Growth, Starts Out With Localizing ‘Pin It Forward’ Campaign To Drive More U.K. Posts” by Natasha Lomas at Techcrunch. “Pinterest is ramping up its international strategy by kicking off a localisation effort in the U.K. today, tweaking the site so that it deliberately foregrounds U.K. content to […]