Layoffs begin at Target; Dayton meets CEO Cornell by Adam Belz & Patrick Condon at Star Tribune. “One employee who declined to be identified said that probably a couple of dozen upper managers were let go Monday and gone by lunch. The employee said broader cuts were expected Tuesday. “The mood is pretty somber, […]
Rally held opposing Target Express in South Park at ABC 10 San Diego. “About 100 people rallied in South Park on Sunday to oppose a planned Target Express store in the neighborhood…”It’s going to take shopping away from the locally-owned businesses, from the people who have lived here for a long period of time […]
Fortune: Humbled Amazon turns to rival Alibaba for help in China by Scott Cendrowski at Fortune. “Yesterday, Chinese reporters discovered that Amazon had opened a store on rival Alibaba Group Holdings’ Tmall platform..Amazon didn’t publicize the news of its store on Alibaba’s site, maybe because it doesn’t make Amazon look very strong in the world’s largest […]
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.pngjlong2015-03-06 06:55:102015-03-06 06:55:10Friday Tipsheet: Costco Call Highlights | Amazon ‘Humbled’ | Top 100 Employers | Top 30 on Net
Costco Q2 Comp +2% / Excluding Gas Price & Foreign Exchange +8% “Net sales for the quarter increased four percent, to $26.87 billion, from $25.76 billion last year. Net sales for the first half increased six percent, to $53.16 billion, from $50.22 billion last year.” Read the release CNBC: Costco’s quarterly profit tops estimates […]
Target to cut Minnesota jobs while expanding in N.Y., California by Tom Webb at Twin Cities/Pioneer Press. “What will give Minnesota economic officials heartburn is seeing the chief strategy officer, Casey Carl, boast that corporate Target is “branching out to other places” to secure talent – then showing a slide that listed Target’s growing […]
Dick’s Sporting Goods Q4 Comp Sales +3.4% “Same store sales for DICK’S Sporting Goods increased 3.8%, while Golf Galaxy decreased 7.1%.” Read the release Best Buy Q4 Comp Sales +2% Read the release Forbes: 2015 The World’s Billionaires (Walton’s #8, 9, 11, 12; Bezos #15; John Menard, Jr. #142) See the top […]
Tuesday Tipsheet: Recruiters Like Target | Walmart.horse | Loblaw Adds 50
/in Eye-on-RetailLayoffs begin at Target; Dayton meets CEO Cornell by Adam Belz & Patrick Condon at Star Tribune. “One employee who declined to be identified said that probably a couple of dozen upper managers were let go Monday and gone by lunch. The employee said broader cuts were expected Tuesday. “The mood is pretty somber, […]
Monday Tipsheet: Rally Opposes Target Express | Salon Hits Amazon | Lowe’s in India
/in Eye-on-RetailRally held opposing Target Express in South Park at ABC 10 San Diego. “About 100 people rallied in South Park on Sunday to oppose a planned Target Express store in the neighborhood…”It’s going to take shopping away from the locally-owned businesses, from the people who have lived here for a long period of time […]
Friday Tipsheet: Costco Call Highlights | Amazon ‘Humbled’ | Top 100 Employers | Top 30 on Net
/in Eye-on-RetailFortune: Humbled Amazon turns to rival Alibaba for help in China by Scott Cendrowski at Fortune. “Yesterday, Chinese reporters discovered that Amazon had opened a store on rival Alibaba Group Holdings’ Tmall platform..Amazon didn’t publicize the news of its store on Alibaba’s site, maybe because it doesn’t make Amazon look very strong in the world’s largest […]
Thursday Tipsheet: Costco Beats Street | WMT & TGT Mtg Highlights | Dick’s Stumps Trump
/in Eye-on-RetailCostco Q2 Comp +2% / Excluding Gas Price & Foreign Exchange +8% “Net sales for the quarter increased four percent, to $26.87 billion, from $25.76 billion last year. Net sales for the first half increased six percent, to $53.16 billion, from $50.22 billion last year.” Read the release CNBC: Costco’s quarterly profit tops estimates […]
Wednesday Tipsheet: Dick’s/H.Dep. Mtg Highlights | Target Swings Axe | Wayfair +38.4%
/in Eye-on-RetailTarget to cut Minnesota jobs while expanding in N.Y., California by Tom Webb at Twin Cities/Pioneer Press. “What will give Minnesota economic officials heartburn is seeing the chief strategy officer, Casey Carl, boast that corporate Target is “branching out to other places” to secure talent – then showing a slide that listed Target’s growing […]
Tuesday Tipsheet: Dick’s Comp +3.4% | Target Seeks Grocery Head | Amazon’s ‘Ship to Cuba’ Button
/in Eye-on-RetailDick’s Sporting Goods Q4 Comp Sales +3.4% “Same store sales for DICK’S Sporting Goods increased 3.8%, while Golf Galaxy decreased 7.1%.” Read the release Best Buy Q4 Comp Sales +2% Read the release Forbes: 2015 The World’s Billionaires (Walton’s #8, 9, 11, 12; Bezos #15; John Menard, Jr. #142) See the top […]