Target Q3 comp sales +4.5% “Third quarter comparable digital channel sales grew 31 percent, on top of 49 percent last year. Same-day fulfillment services (Order Pick Up, Drive Up and Shipt) accounted for 80% of Target’s digital comparable sales growth.” Press release …Target shares surge after company crushes earnings and raises forecast at […]
https://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.png00jlonghttps://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.pngjlong2019-11-19 06:58:352019-11-19 06:58:35Tipsheet: H.Depot & Kohl's Miss | 27% Gift Headphones | Bezos @ Gala
Tesla Supercharger catches fire at a Wawa store in New Jersey at CNBC. “In August 2019, Wawa announced plans to increase the number of stores that feature Tesla Supercharger stations from 16 to more than 30 locations by the end of 2020.” Read more Amazon adds new ‘Amazon Pharmacy’ branding to PillPack at […]
https://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.png00jlonghttps://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.pngjlong2019-11-18 08:59:392019-11-18 08:59:39Tipsheet: Buffett Likes RH | Wawa Fire via Tesla | Payment Holidays
Walmart earnings beat estimates, shares rise on higher outlook ahead of holidays at CNBC. “U.S. same-store sales: up 3.2% vs. growth of 3.1% expected…e-commerce sales were up 41%, thanks to “strong growth” in online grocery…average ticket in the U.S. grew 1.9% compared with a 1.8% increase a year ago. Transactions were up 1.3% in […]
Nike will stop selling its sneakers and apparel directly on Amazon’s website, ending a pilot program that began in 2017 at Fortune. “Nike reportedly struggled to control the Amazon marketplace. Third-party sellers whose listings were removed simply popped up under a different name. Plus, the official Nike products had fewer reviews, and therefore received […]
Inside Walmart’s Corporate Culture Clash Over E-Commerce by Matthew Boyle at Bloomberg. “The digital divestments suggest that the online crew is losing the struggle, but the traditionalists have suffered as well. Walmart’s U.S. stores chief, Greg Foran, last month gave up one of the most powerful jobs in retail to run an airline in […]
Tipsheet: Target +4.5% | Lowe’s +3% | Macy’s Breach | Jelinek #9 Biz Person
/in Eye-on-Retail /by jlongTarget Q3 comp sales +4.5% “Third quarter comparable digital channel sales grew 31 percent, on top of 49 percent last year. Same-day fulfillment services (Order Pick Up, Drive Up and Shipt) accounted for 80% of Target’s digital comparable sales growth.” Press release …Target shares surge after company crushes earnings and raises forecast at […]
Tipsheet: H.Depot & Kohl’s Miss | 27% Gift Headphones | Bezos @ Gala
/in Eye-on-Retail /by jlongHome Depot Q3 comp sales +3.6% / US comp +3.8% Press release …Home Depot cuts 2019 forecast after sales miss, shares crater at CNBC. “Earnings per share: $2.53, adjusted, vs. $2.52 expected. Revenue: $27.22 billion vs. $27.53 billion expected. Same-store sales growth, global: 3.6% vs. 4.7% expected.” Read more Kohl’s Q3 comp […]
Tipsheet: Buffett Likes RH | Wawa Fire via Tesla | Payment Holidays
/in Eye-on-Retail /by jlongTesla Supercharger catches fire at a Wawa store in New Jersey at CNBC. “In August 2019, Wawa announced plans to increase the number of stores that feature Tesla Supercharger stations from 16 to more than 30 locations by the end of 2020.” Read more Amazon adds new ‘Amazon Pharmacy’ branding to PillPack at […]
Tipsheet: WM +3.2% | Sam’s +0.6% | H.Dep Trending @ TikTok
/in Eye-on-Retail /by jlongWalmart earnings beat estimates, shares rise on higher outlook ahead of holidays at CNBC. “U.S. same-store sales: up 3.2% vs. growth of 3.1% expected…e-commerce sales were up 41%, thanks to “strong growth” in online grocery…average ticket in the U.S. grew 1.9% compared with a 1.8% increase a year ago. Transactions were up 1.3% in […]
Tipsheet: Rona Not ‘Proudly Canadian’ | Amazon Locker Audit | Advance Auto +1.2%
/in Eye-on-Retail /by jlongNike will stop selling its sneakers and apparel directly on Amazon’s website, ending a pilot program that began in 2017 at Fortune. “Nike reportedly struggled to control the Amazon marketplace. Third-party sellers whose listings were removed simply popped up under a different name. Plus, the official Nike products had fewer reviews, and therefore received […]
Tipsheet: Barneys Stiffs | WM Clash | Rich Santa
/in Eye-on-Retail /by jlongInside Walmart’s Corporate Culture Clash Over E-Commerce by Matthew Boyle at Bloomberg. “The digital divestments suggest that the online crew is losing the struggle, but the traditionalists have suffered as well. Walmart’s U.S. stores chief, Greg Foran, last month gave up one of the most powerful jobs in retail to run an airline in […]