Target Canada’s liquidation will begin in 2-3 weeks by Pete Evans at CBC News. “…within four to five months, the chain’s entire Canadian presence — including its distribution centres across the country — will be gone.” Read more Wal-Mart launches cash pickup option for tax refunds at CNBC. “The service could help people […]
Americans shake off economic pessimism – NBC/WSJ poll by John Harwood at CNBC. “The proportion of Americans who say they are satisfied with the economy has risen 10 percentage points in the last five months, to 45 percent.” Read more Retailers expect stronger growth in 2015 by Alexia Elejalde-Ruiz at Chicago Tribune via […]
How Target’s grand reveal of store locations contributed to its demise in Canada by Hollie Shaw at Financial Post. “But Target’s first disastrous step — even if it had no other options — was giving competitors so much advance notice on just when the chain would open its doors, and where every location would […]
Source: Dollar General waving the white flag in battle for Family Dollar by Jennifer Thomas at Charlotte Business Journal. “It seems that Dollar General is throwing in the towel when it comes to acquiring Family Dollar. The company did not raise its bid or offer any reassurance to Family Dollar shareholders that the deal […]
Holiday sales increase 4 percent: NRF by Krystina Gustafson at CNBC. “Weaker-than-expected retail sales data shook investor confidence on Wednesday, as sales failed to reflect the boost from a steep drop in gasoline prices that many were expecting.” Read more Drop in December retail sales adds doubt to strength of U.S. economy by […]
Home Depot’s Frank Blake Accepts Gold Medal award from NRF by Sarah Rand at NRF. “Frank Blake…gave a humble acceptance speech, saying he didn’t belong on a list with retail legends like Costco founder Jim Sinegal and Macy’s Chairman and CEO Terry Lundgren…Blake recalled his advice to The Home Depot board of directors when […]
Wednesday Tipsheet: Target: Liquidate in 2-3 Wks | Macy’s TM Battle | Amazon’s Wind Farm
/in Eye-on-RetailTarget Canada’s liquidation will begin in 2-3 weeks by Pete Evans at CBC News. “…within four to five months, the chain’s entire Canadian presence — including its distribution centres across the country — will be gone.” Read more Wal-Mart launches cash pickup option for tax refunds at CNBC. “The service could help people […]
Tuesday Tipsheet: JCP Resurrects Catalog | Lowe’s Snake Bite | Porch.com Raises $65M
/in Eye-on-RetailAmericans shake off economic pessimism – NBC/WSJ poll by John Harwood at CNBC. “The proportion of Americans who say they are satisfied with the economy has risen 10 percentage points in the last five months, to 45 percent.” Read more Retailers expect stronger growth in 2015 by Alexia Elejalde-Ruiz at Chicago Tribune via […]
Monday Tipsheet: W.Foods +7 in Chicago | Wmart Exec Changes | Menear Congrats
/in Eye-on-RetailHow Target’s grand reveal of store locations contributed to its demise in Canada by Hollie Shaw at Financial Post. “But Target’s first disastrous step — even if it had no other options — was giving competitors so much advance notice on just when the chain would open its doors, and where every location would […]
Friday Tipsheet: Target: US Cuts Next | D.Gen White Flag? | Kroger Eyes Acquisition
/in Eye-on-RetailSource: Dollar General waving the white flag in battle for Family Dollar by Jennifer Thomas at Charlotte Business Journal. “It seems that Dollar General is throwing in the towel when it comes to acquiring Family Dollar. The company did not raise its bid or offer any reassurance to Family Dollar shareholders that the deal […]
Thursday Tipsheet: H.Depot in Court Fri. | Boxed Raises $25M | Etsy Eyes $300M IPO | ‘Walmart Cowboy’
/in Eye-on-RetailHoliday sales increase 4 percent: NRF by Krystina Gustafson at CNBC. “Weaker-than-expected retail sales data shook investor confidence on Wednesday, as sales failed to reflect the boost from a steep drop in gasoline prices that many were expecting.” Read more Drop in December retail sales adds doubt to strength of U.S. economy by […]
Wednesday Tipsheet: H.Depot’s Blake is Gold | Buy Dunnhumby | Amazon ‘Tricks’
/in Eye-on-RetailHome Depot’s Frank Blake Accepts Gold Medal award from NRF by Sarah Rand at NRF. “Frank Blake…gave a humble acceptance speech, saying he didn’t belong on a list with retail legends like Costco founder Jim Sinegal and Macy’s Chairman and CEO Terry Lundgren…Blake recalled his advice to The Home Depot board of directors when […]