“Dollar General Q2 Comp Sales +2.1%” “CEO: ‘In regards to our proposal to acquire Family Dollar, we remain firmly committed to the acquisition. The financial benefits of our offer to Family Dollar shareholders are indisputable, and the proposed combination would unlock tremendous value for Dollar General shareholders. We continue to believe the potential antitrust issues […]
“Target & Nordstrom make Instagram shoppable” by Krystina Gustafson at CNBC. “Target and Nordstrom are teaming up with Curalate, a visual marketing and analytics firm, to launch Like2Buy, a platform that seamlessly allows Instagram users to make purchases when they see an item they like on their feeds.” Read more “Soggy start: Burning Man […]
Walmart’s Duncan Mac Naughton Next Out the Door? by Kim Souza at The City Wire. “Some close watchers of the Wal-Mart corporate world say Mac Naughton may follow Bill Simon, former Walmart U.S. CEO, out the door. Simon was not picked to be Wal-Mart CEO, and Mac Naughton was considered a candidate for the […]
“Amazon at odds with Germany over strong union tradition” by Jay Greene at Seattle Times. “As the protesting workers grill bratwurst and listen to a guitarist playing union songs, the rants aren’t the hot-button issues that often fuel strikes in the United States…Sure, the workers here want better pay and job security for zipping […]
“Home Depot Names Retail Chief Craig Menear As CEO” by Shelly Banjo at WSJ. “Mr. Menear, who will take the helm Nov. 1, will become the third CEO to run the country’s fourth-largest retailer by revenue…The CEO appointment settles the top job but raises questions about how long Mr. Ellison and Ms. Tome, both […]
“Family Dollar CEO Said to Guard Job” by Shelly Banjo at WSJ. “Dollar General said the chief executive of Family Dollar Stores, Howard Levine, shrugged off multiple requests to pursue a merger between the country’s two largest dollar chains out of fear he would have to step down as CEO, according to a letter […]
Thursday Tipsheet: D.Gen Comp +2.1% | ‘Ludicrous’ Pay at Kroger | Sam’s: 1 Reindeer Left
/in Eye-on-Retail“Dollar General Q2 Comp Sales +2.1%” “CEO: ‘In regards to our proposal to acquire Family Dollar, we remain firmly committed to the acquisition. The financial benefits of our offer to Family Dollar shareholders are indisputable, and the proposed combination would unlock tremendous value for Dollar General shareholders. We continue to believe the potential antitrust issues […]
Wednesday Tipsheet: Target makes Instagram Shoppable | ‘Burners’ Stuck at Wmart | Kroger Bidding?
/in Eye-on-Retail“Target & Nordstrom make Instagram shoppable” by Krystina Gustafson at CNBC. “Target and Nordstrom are teaming up with Curalate, a visual marketing and analytics firm, to launch Like2Buy, a platform that seamlessly allows Instagram users to make purchases when they see an item they like on their feeds.” Read more “Soggy start: Burning Man […]
Tuesday Tipsheet: Wmart EVP Next to Exit? | Costco HQ Adds 177K s.f. | Best Buy Comp -2%
/in Eye-on-RetailWalmart’s Duncan Mac Naughton Next Out the Door? by Kim Souza at The City Wire. “Some close watchers of the Wal-Mart corporate world say Mac Naughton may follow Bill Simon, former Walmart U.S. CEO, out the door. Simon was not picked to be Wal-Mart CEO, and Mac Naughton was considered a candidate for the […]
Monday Tipsheet: Costco Won’t Deliver Fruity Pebbles | H.Depot & Bobbleheads
/in Eye-on-Retail“Amazon at odds with Germany over strong union tradition” by Jay Greene at Seattle Times. “As the protesting workers grill bratwurst and listen to a guitarist playing union songs, the rants aren’t the hot-button issues that often fuel strikes in the United States…Sure, the workers here want better pay and job security for zipping […]
Friday Tipsheet: Menear Congrats | Hollywood Stops Target | D.Tree +4.5%
/in Eye-on-Retail“Home Depot Names Retail Chief Craig Menear As CEO” by Shelly Banjo at WSJ. “Mr. Menear, who will take the helm Nov. 1, will become the third CEO to run the country’s fourth-largest retailer by revenue…The CEO appointment settles the top job but raises questions about how long Mr. Ellison and Ms. Tome, both […]
Thursday Tipsheet: Target & Lowe’s Earnings Call Highlights | F.Dol. CEO Guarding Job?
/in Eye-on-Retail“Family Dollar CEO Said to Guard Job” by Shelly Banjo at WSJ. “Dollar General said the chief executive of Family Dollar Stores, Howard Levine, shrugged off multiple requests to pursue a merger between the country’s two largest dollar chains out of fear he would have to step down as CEO, according to a letter […]