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“Stores offer same-day delivery to compete with Amazon” by Shan Li at LA Times. “The EBay Now pilot project was launched in August, partnering with the likes of Macy’s, Target and Best Buy. Basically, a customer orders an item on a smartphone and an EBay “valet” personally delivers by the end of the day […]
“Wal-Mart, Kroger among Hostess bidders: report” at Reuters. “Hostess Brands Inc, the bankrupt Twinkie and Wonder Bread maker, has received bids for assets being sold by about two dozen parties including Wal-Mart Stores Inc and Kroger Co, according to a media report on Thursday. Some of the bidders are interested in acquiring all […]
“Walmart CEO Mike Duke Shares His Biggest Regret” by Ashley Lutz at Business Insider. “When Dan Doctoroff, the president of Bloomberg LP, asked Duke his biggest regret, he said: “When I look back, I wish we had moved faster. We’ve proven ourselves to be successful in many areas, and I simply wonder why we […]
Walmart Economic and Customer Trends Report – Q3 2012. Highlights: Tradeoff between diaper and baby cream sales signals we’re still in difficult economic times according to Walmart’s unconventional “Diaper Rash Indicator… “Diaper Rash Indicator: In at attempt to save money in down economic times, parents with children in diapers try to save costs by […]
“Sea Bass With Barbie Dolls Challenge Wal-Mart in China” at Bloomberg News (Video and Text). “Shelves stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China’s version of Wal-Mart Stores Inc. From Shanghai to Chengdu, […]
“Target CMO: Content and Mobile Matters More Than Campaigns” by Mark Miller in Brand Channel (Video and Text). ““In the past, marketers would make campaigns, they would put them in the world, and they would wait to see what happened,” Jones said in a video released on the brand’s A Bullseye View website and […]
“Target Pushing Into Media Business; Retailer selling inventory on Target.com via PubMatic-powered private ad marketplace” By Tim Peterson in AdWeek. “Target’s private marketplace operates similarly to others that retailers like Best Buy and Amazon have erected recently. For example, a user may visit Target.com and check out its high-def TVs. As that user navigates […]
“Lowe’s still yearns for larger market share in Canada” by Ken Elkins in Charlotte Business Journal. “On Wednesday, Robert Niblock, Lowe’s chief executive, told analyst and investors he would like to have at least 100 Lowe’s stores in Canada. “There are other ways to attain scale in Canada,” he says. The company dropped its […]