Instacart holds firm on its tipping policy as contract workers call for national boycott at CNBC. “Nilam Ganenthiran, Instacart’s president, said the current 5% rate is appropriate as the default, though customers have the option of giving more. “I truly think it’s right for our shoppers, right for our customers and right for the […]
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.pngjlong2020-01-14 08:59:302020-01-14 08:59:30Tipsheet: H.Dep #24 Trust | Instacart Holds 5% | RH CEO New Pad
Grubhub insists it’s not exploring a sale by John Pletz at Crain’s Chicago Business. “Grubhub: ‘In fact, we believe that given the current pressure on profits across our public and private competition, there will likely be strategic opportunities to acquire share this year— given that our profitability is secure.’” Read more …Walmart, other […]
Costco December comp sales +9.0% / E-com +43.1% “For the 18 weeks ended January 5, 2020, the Company reported net sales of $56.99 billion, an increase of 7.5 percent from $52.99 billion during the similar period last year.” Press release Bed Bath & Beyond Q3 comp sales -8.3% Press release …Bed Bath […]
Macy’s holiday same-store sales fall 0.6%. Smaller-than-expected decline sends shares higher at CNBC. Read more …Macy’s is closing at least 19 stores in the next couple months at USA Today. Read more Walgreens’ shares fall after company misses earnings expectations at CNBC. “Earnings per share: $1.37 adjusted, vs. $1.41 expected. Revenue: $34.34 […]
How 7-Eleven Struck Back Against an Owner Who Took a Day Off by Hisako Ueno at NY Times. “The company that controls the 7-Eleven chain, Seven & I Holdings, terminated Mr. Matsumoto’s franchise last week after he decided to close his store on New Year’s Day, and it has stopped supplying him.” Tiered subs. […]
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.pngjlong2020-01-07 09:08:032020-01-07 09:08:03Tipsheet: Thailand/Mex. City Bag Ban | Jan 18 Gift Card Day | C-Store Hell @ Japan
Amazon to showcase its transportation drive at CES at Reuters. “Until now, Amazon has shown its transportation strategy to investors – and rivals – one piece at a time…The Seattle company will share the CES stage with partners such as virtual reality firm ZeroLight, electric vehicle startup Rivian, Canada’s BlackBerry Ltd and video game […]
Tipsheet: H.Dep #24 Trust | Instacart Holds 5% | RH CEO New Pad
/in Eye-on-Retail /by jlongInstacart holds firm on its tipping policy as contract workers call for national boycott at CNBC. “Nilam Ganenthiran, Instacart’s president, said the current 5% rate is appropriate as the default, though customers have the option of giving more. “I truly think it’s right for our shoppers, right for our customers and right for the […]
Tipsheet: Analyst Warns on WM | Target/Kohl’s Best @ Returns | Bezos @ India
/in Eye-on-Retail /by jlongGrubhub insists it’s not exploring a sale by John Pletz at Crain’s Chicago Business. “Grubhub: ‘In fact, we believe that given the current pressure on profits across our public and private competition, there will likely be strategic opportunities to acquire share this year— given that our profitability is secure.’” Read more …Walmart, other […]
Tipsheet: Costco +9% | HEB #1 Grocer | WM +134 Mex | JCP -7.5%
/in Eye-on-Retail /by jlongCostco December comp sales +9.0% / E-com +43.1% “For the 18 weeks ended January 5, 2020, the Company reported net sales of $56.99 billion, an increase of 7.5 percent from $52.99 billion during the similar period last year.” Press release Bed Bath & Beyond Q3 comp sales -8.3% Press release …Bed Bath […]
Tipsheet: Barney’s Hack | Macy’s Beats | Wgreen Earnings Miss
/in Eye-on-Retail /by jlongMacy’s holiday same-store sales fall 0.6%. Smaller-than-expected decline sends shares higher at CNBC. Read more …Macy’s is closing at least 19 stores in the next couple months at USA Today. Read more Walgreens’ shares fall after company misses earnings expectations at CNBC. “Earnings per share: $1.37 adjusted, vs. $1.41 expected. Revenue: $34.34 […]
Tipsheet: Thailand/Mex. City Bag Ban | Jan 18 Gift Card Day | C-Store Hell @ Japan
/in Eye-on-Retail /by jlongHow 7-Eleven Struck Back Against an Owner Who Took a Day Off by Hisako Ueno at NY Times. “The company that controls the 7-Eleven chain, Seven & I Holdings, terminated Mr. Matsumoto’s franchise last week after he decided to close his store on New Year’s Day, and it has stopped supplying him.” Tiered subs. […]
Tipsheet: Bed Bath/PE Deal | Amazon/BMW Screens | WM Leverages Data
/in Eye-on-Retail /by jlongAmazon to showcase its transportation drive at CES at Reuters. “Until now, Amazon has shown its transportation strategy to investors – and rivals – one piece at a time…The Seattle company will share the CES stage with partners such as virtual reality firm ZeroLight, electric vehicle startup Rivian, Canada’s BlackBerry Ltd and video game […]