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“Wal-Mart tests in-store lockers for online orders” by Anne D’Innocenzio at AP via Seattle-Times. “Wal-Mart Stores Inc. will be testing this summer an option for consumers to be able to order product on its website and then have it kept in a physical locker at the store so they can pick it up […]
“Retail’s New Industrial Revolution” by Doug Stephens at Retail Prophet. “Soon there won’t be any cashiers – and not just cashiers – greeters, merchandisers, inventory counters and store cleaners too. Technology is poised to replace all of them for two reasons. First, because it can. And second because it must. Digital, mobile, virtual and […]
“Lunch with Trish Mueller, CMO of Home Depot” at Marketing Technology Insights. “One thing that Trish said that surprised a few marketers was that “[she didn’t] believe in segmentation.” She elaborates, “I don’t think it’s appropriate to slap labels on people. We look at the behavior. We look at what you did…Trish was also […]
“Five years in, Fresh & Easy markets are a flop” by Shan Li at LA Times. “British supermarket giant Tesco thought it had the Yanks all figured out. Determined to crack the U.S. market, it dispatched executives to live with American families, peek into their refrigerators and trail them on trips to the grocery […]
“Home Depot’s Joe McFarland, President Western Division, presents at ISI Retail Summit” Highlights: Pro * Pro business continues to grow. For the first time Pro business grew at same rate as consumer in Q4 ’12 * Home Depot to launch a Pro app in late Q2 * Continued focus on growing the Pro business Path […]
“Interbrand Releases the 2013 Best Retail Brands Report” “Walmart maintains its #1 position by a huge margin with a brand value over $141 billion, up 1% from last year. Target is in the #2 position with a value of $25 billion, up 7% from 2012. The Home Depot is solid at #3 with a […]
“Target’s Canadian problem: empty shelves” by Marina Strauss at The Globe and Mail via @RetailProphet. “Target Corp. is struggling with a problem that few retailers face: too much demand for too little inventory, risking dampening customers’ enthusiasm as the U.S. discounter gets ready to open a new wave of stores…“We definitely were slammed,” said […]
“Even Wal-Mart Thinks ‘Made In The USA’ Can Be Competitive Again” by Sam Ro at Business Insider. “As rising overseas labor costs and higher shipping costs are forcing U.S. companies to bring manufacturing back to the states. This is being touted as the American manufacturing renaissance…WMT U.S. kicked off the initiative this week with […]