Friday Tipsheet: Amazon’s Club Store Attack | Ivy League Disses Wmart | W.Foods Wants 1000+

  “Amazon Launches ‘Pantry’ to Take on Costco/Sam’s/BJ’s” by Alistair Barr at USA Today. “Amazon has the clubs in their cross hairs,” said Keith Anderson, who leads RetailNet Group’s Digital Advisory practice.”This will be a potential issue for Costco.” Warehouse club members tend to be higher income households with kids — the type of shoppers […]

Thursday Tipsheet: Costco Tepid Online | H.Depot Wants Same-Day Ship | Call Highlights

  Costco’s Q1 Earnings Call:  Quick Summary:  Plan 30 New Stores in ’14; Ramping up Int’l; Online not a Major Focus. Heard on the Call: Richard Galanti – CFO * We opened 13 locations during the first quarter of fiscal 2014.  Since the end of the Q1, we have opened in Q2 two new locations, one […]

Wednesday Tipsheet: Costco Comp +3% | Target’s Groceries: Inconvenient | H.Depot Hits Goal 1 Yr Early

  “Costco’s Same-Store Sales +3% in Q1 2014”  “Comparable sales for the twelve-week period, excluding negative impacts from gasoline price deflation and foreign exchange, were 5%”  Read the Company Release   “Costco’s Q1 Earnings Call @ 8am PT this Morning”  Listen to the Webcast   “Costco Earnings Per Share of $.96 Misses Street Estimate by […]

Tuesday Tipsheet: Nader Slams D.Gen | B.Buy Sues ‘Geek’ | Costco Q1 Preview | No Bananas in Dallas

  Costco Releases Q1 ’14 Earnings Tomorrow.  Preview: “Rise In Membership Will Lead To Growth; Online Business Most Viable Growth Engine” at Seeking Alpha. “Costco’s online sales account for only 2% of its overall revenues, suggesting that there is a huge room for improvement…About 80%-90% of its products offered online do not overlap with the […]

Monday Tipsheet: Wmart #1 for ‘Webrooming’ | GM Likes Costco | Target’s ‘Awesome Shop’

  “Walmart #1 Beneficiary of ‘Webrooming’ “ by Michelle Groenke at UPI.  “Webrooming” — researching a product online before going to the store to make the actual purchase — appears to be the shopping trend to watch this season…The survey found 26 percent of webrooming shoppers head to Walmart to make their purchase, followed by […]

Friday Tipsheet: Wmart: ‘Sound of Music’ Ads, WashPo Hit, China Dilemma | H-E-B’s New HQ | Kroger: 40 in a Row

  “Walmart Ads for NBC’s “Sound of Music” Sounded Just Like the Show” by Brian Steinberg at Variety.  “The ads will use oft-sung tunes such as “My Favorite Things,” “So Long, Farewell,” and “Do-Re-Mi” – all featuring the Brooks clan using products from Walmart. In one ad, the family will be shown cooking in the […]