“Role reversal: Online retailers seek physical stores” by Thomas Lee at Star-Tribune via Charlotte Observer. ““I feel that everything we’ve done with this company was backward,” joked Simone Xavier, who launched Sigma with her husband, Rene Xavier Filho. “But we wanted to put a face on the brand, and we wanted people to touch […]
“Kroger raises outlook on stronger 1Q profit” at USA Today. “The Cincinnati-based company, which also owns Ralphs, Fry’s and Food 4 Less, said sales at stores open at least a year rose 3.3% during the period, excluding fuel.” Read more: https://www.usatoday.com/story/money/business/2013/06/20/kroger-raises-outlook/2441337/ “Kroger execs talk double coupon impact on earnings call” by Steve Watkins […]
“Home Depot’s Fetish For Amazon Is Coming At The Expense Of Shareholder Return” at Seeking Alpha. “Home Depot’s management has begun to view the world as full of constraints, not opportunities, by spending too much time looking over its shoulder at Amazon. Instead, and given Home Depot’s ability to execute, it should be aggressively […]
“Wal-Mart Faces Steep Climb to Dominate Online Retailing” by Shelly Banjo at WSJ. “Until recently, a warehouse in Carrollton, Ga., west of Atlanta, was Wal-Mart’s only company-owned U.S. distribution center dedicated to online orders. By contrast, Amazon has spent 15 years building its e-commerce network, with more than 40 U.S. warehouses within 35 miles […]
“Sam’s Club ‘Sensory Lab’ tests holiday products” by Kim Souza at The City Wire. “Roughly 80% of the food tested meets the minimum standard, but Hebert said just 15% makes into the clubs. “We have two test panels a day with four foods in each panel. Between 65 to 100 people come down to […]
“Lowe’s Agrees to Buy Orchard Supply Hardware” by Mattioli and Glazer at WSJ. “Under the agreement, Lowe’s would acquire at least 60 of Orchard’s 91 stores, plus an option to buy the rest, the people said. They said Orchard is expected to propose the deal Monday in a Chapter 11 bankruptcy filing…The deal would […]
Today’s Tipsheet: Microsoft Explored Amazon Rival | India Meets Retail Heads Thur | Kroger in 26 seconds
/in Eye-on-Retail /by jlong“Role reversal: Online retailers seek physical stores” by Thomas Lee at Star-Tribune via Charlotte Observer. ““I feel that everything we’ve done with this company was backward,” joked Simone Xavier, who launched Sigma with her husband, Rene Xavier Filho. “But we wanted to put a face on the brand, and we wanted people to touch […]
Today’s Tipsheet: Kroger Up 3.3% | Rona Sells Division | H.Depot’s “Hot” Tote Bag
/in Eye-on-Retail /by jlong“Kroger raises outlook on stronger 1Q profit” at USA Today. “The Cincinnati-based company, which also owns Ralphs, Fry’s and Food 4 Less, said sales at stores open at least a year rose 3.3% during the period, excluding fuel.” Read more: https://www.usatoday.com/story/money/business/2013/06/20/kroger-raises-outlook/2441337/ “Kroger execs talk double coupon impact on earnings call” by Steve Watkins […]
Today’s Tipsheet: H.Depot’s “Fetish” for Amazon | Kroger Releases Q1 Earnings | UK Sales Up
/in Eye-on-Retail /by jlong“Home Depot’s Fetish For Amazon Is Coming At The Expense Of Shareholder Return” at Seeking Alpha. “Home Depot’s management has begun to view the world as full of constraints, not opportunities, by spending too much time looking over its shoulder at Amazon. Instead, and given Home Depot’s ability to execute, it should be aggressively […]
Today’s Tipsheet: Walmart’s Steep Online Climb | BJ’s = 200 | Amazon Loves Webvan
/in Eye-on-Retail /by jlong“Wal-Mart Faces Steep Climb to Dominate Online Retailing” by Shelly Banjo at WSJ. “Until recently, a warehouse in Carrollton, Ga., west of Atlanta, was Wal-Mart’s only company-owned U.S. distribution center dedicated to online orders. By contrast, Amazon has spent 15 years building its e-commerce network, with more than 40 U.S. warehouses within 35 miles […]
Today’s Tipsheet: Messy Lawsuit for Menards Owner | Sam’s Sensory Lab | Retailers Ready to Expand
/in Eye-on-Retail /by jlong“Sam’s Club ‘Sensory Lab’ tests holiday products” by Kim Souza at The City Wire. “Roughly 80% of the food tested meets the minimum standard, but Hebert said just 15% makes into the clubs. “We have two test panels a day with four foods in each panel. Between 65 to 100 people come down to […]
Today’s Tipsheet: Lowe’s to Buy Orchard Supply | Costco Cuts Off Iran | Big Lots Rebound?
/in Eye-on-Retail /by jlong“Lowe’s Agrees to Buy Orchard Supply Hardware” by Mattioli and Glazer at WSJ. “Under the agreement, Lowe’s would acquire at least 60 of Orchard’s 91 stores, plus an option to buy the rest, the people said. They said Orchard is expected to propose the deal Monday in a Chapter 11 bankruptcy filing…The deal would […]