Eye-on-Retail Tipsheet 11/12/12
“Rona president and CEO steps down after 20 years” from Maclean’s: “One of Rona’s largest shareholders says the home-improvement retailer’s board should launch discussions with U.S. rival Lowe’s following the sudden departure of long-time chief executive Robert Dutton…”Clearly, retailing has changed dramatically and you’ve got a tremendous competitor in Home Depot… the best course would be probably to open up discussions with Lowe’s.” https://www2.macleans.ca/2012/11/09/rona-president-and-ceo-steps-down-after-20-years/
Target CMO Jeff Jones speaks from the Forbes CMO Summit on “The New Rules of Engagement”; from Jennifer Rooney at Forbes (Video): “For me the one thing is almost the validation that we’re all struggling with the one thing…what does engagement mean in today’s world…the reality is brands today and the concept of brand management which is really one about I as a marketer get to control my brand…it’s so clear that it (engagement) is at the center of what all of us are trying to think about…nobody has the perfect engagement model…we’re all struggling with the same thing but we know how important it is.” https://www.forbes.com/sites/jenniferrooney/2012/11/10/behind-the-brand-why-target-got-revenge/
“How Home Depot Became a Pinterest Powerhouse” by Allison Boyer in blogworld: “One might not at first think that power tools and lumber have a place on the Internet’s current social media darling, Pinterest, but this visual platform is being dominated by none other than Home Depot. Currently, Home Depot has over 12,000 profile followers on Pinterest.” https://www.blogworld.com/2012/11/09/how-home-depot-became-a-pinterest-powerhouse-case-study/
“Walmart Black Friday Strike Being Organized Online For Stores Across U.S.” by Kathleen Miles at Huffington Post: “Black Friday, the day after Thanksgiving regarded as one of the biggest shopping days of the year, may be dramatically different this year. Organizers are planning a nationwide strike against Walmart, the largest retailer in the world, and are banking on a new strategy: online organizing.” https://www.huffingtonpost.com/2012/11/08/walmart-black-friday-strike-organized-online-video_n_2094698.html#slide=1605073
“Earnings Preview: Home Depot 3Q Results” in Bloomberg Businessweek: “Home Depot Inc., the nation’s largest home-improvement retailer, reports third-quarter results before the market opens on Tuesday…Analysts expect higher net income and revenue from the largest U.S. home-improvement retailer.” https://www.businessweek.com/ap/2012-11-09/earnings-preview-home-depot-3q-results
For $100K you may be able to buy your own Sears Hometown & Outlet Store in Cleveland….“Sears eyes return with outlet store” by David Davis in Cleveland Daily Banner: “Sears Hometown Stores regional development manager Jackie Adams said Tuesday that the retailer is looking for an entrepreneur in Cleveland to own and operate a store of about 10,000 square feet in size.” https://www.clevelandbanner.com/view/full_story/20763963/article-Sears-eyes-return-with-outlet-store?instance=homefirstleft
Behind the Scenes of Target’s Holiday Commercial: “We wanted to do something slightly different this year, so the notion of “Dream Big. Save bigger” was perfect. This is also one of the first years where we’re really stressing the “Expect More. Pay Less” brand promise in every single commercial. We wanted to turn these commercials not just into a fantastical world, but into a world that everyone can afford.” https://abullseyeview.com/video-bullseye-is-coming-to-town-behind-the-scenes-of-target-holiday-commercial/?utm_source=rss&utm_medium=rss&utm_campaign=video-bullseye-is-coming-to-town-behind-the-scenes-of-target-holiday-commercial
“The Walmart Effect: 4 Best Practices for Dealing with that First Huge Order” by Christopher Koch in Forbes: “When a small business gets its first big order it can seem like manna from heaven. But wipe those dollar signs out of your eyes because it’s really more like a shock to the system.” https://www.forbes.com/sites/sap/2012/11/07/the-walmart-effect-4-best-practices-for-dealing-with-that-first-huge-order/
“7-Eleven, Radio Shack Lead List of Fastest Phone Responders” by Adam Blair in RIS: ” A complementary study conducted in May 2012 found that consumers were 59% more likely to buy and 73% more likely to recommend a brand when their call was answered in less than one minute.” https://risnews.edgl.com/retail-trends/7-Eleven,-RadioShack-Lead-List-of-Fastest-Phone-Responders83162
“Publix profits rise 18.1% from last year” by Kyle Kennedy at Ledger Media Group: “You have to give people a reason to shop at your store, and you can’t be in the big middle (middle ground of supermarkets) anymore,” said George, chairman of St. Joseph’s food marketing department.” https://www.newschief.com/article/20121109/NEWS/121109971/-1/news02?Title=Publix-profits-rise-18-1-from-last-year-
“Walmart Canada unveils first-of-its-kind supercube trailer” at Daily News: “The extended semi-trailer of up to 60-ft, 6 inches provides about 28% more volume than the existing 53-ft semi-trailer with a floor that is lower, not actually higher, than a typical trailer currently in use.” https://www.trucknews.com/news/walmart-canada-unveils-first-of-its-kind-supercube-trailer/1001824268/
Week at a Glance:
11/12
“Twitter Chat” with Walmart sustainability Exec Brooke Buchanan @5pm EST. https://www.triplepundit.com/2012/11/walmart-sustainability-chat/
11/13
Home Depot Q3 earnings call @ 9:00am EST. https://phx.corporate-ir.net/phoenix.zhtml?c=63646&p=irol-irhome&HD%20INVESTOR&viewTaskName=ExternalDirectView
CVS to present at Lazard Capital Markets 9th Annual Healthcare Conference @ 9:00am EST. https://phx.corporate-ir.net/phoenix.zhtml?c=99533&p=irol-EventDetails&EventId=4864716
Dick’s Sporting Goods — conference call to discuss Q3 earnings @ 10:00am EST. https://www.dickssportinggoods.com/investors
Rite Aid to present at Morgan Stanley Global Consumer & Retail Conference November 13 @ 1:35 EST. https://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsLang=en&newsId=20121109005892&div=-1245645151
11/14
Rite Aid to present at Citi 2012 North American Credit Conference: @ 9:20am EST https://www.riteaid.com/company/investors/presentations.jsf
11/15
Walmart Q3 earnings release @ 7:00am EST. https://news.walmart.com/events/investors/fy2013-q3-earnings-release-4222642
Ross Stores Q3 earnings release and conference call @ 8:30am EST. https://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsLang=en&newsId=20121108005460&div=-1245645151
Dollar Tree Q3 earnings conference call: @ 9am EST. www.dollartreeinfo.com/investors/news/events.
Target Q3 earnings call @10:30am EST. https://investors.target.com/phoenix.zhtml?c=65828&p=irol-EventDetails&EventId=4829614
Walgreens to present at Credit Suisse 2012 Healthcare Conference @1:30pm EST. https://investor.walgreens.com/