“Walmart Doubles Down on Thanksgiving” by Krystina Gustafson at CNBC. “The world’s largest retailer announced Tuesday that it will begin its in-store Black Friday sales at 6 p.m. on Thanksgiving Day, two hours earlier than last year. In addition, Walmart.com will begin offering Black Friday sales on a limited number of items Thursday morning—likely […]
“Venezuelan military seizes major retail chain” by Girish Gupta at USA Today. “Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices. President Nicolás Maduro ordered a military […]
“Walmart Building its First C-Store” by Paul Gatling at NWA Business Journal. “Wal-Mart said Wednesday it is building a convenience store in Bentonville, a first for the retail giant. A company spokesperson said the store at the northwest corner of the intersection of Arkansas Highway 102 and South Walton Boulevard will be open by […]
“Costco Same-Store Sales Up 3% in October – Beats Street” at Reuters. “Sales at stores open at least a year rose 3 percent in the four-week period ended Nov. 3, including the impact of fuel sales and foreign exchange. On that basis, analysts expected same-store sales to rise 2.6 percent for the month of […]
“Survey: Six fewer days between Thanksgiving & Christmas could cost retailers $1.5 billion” by Amrita Jayakumar at Washington Post. “There are six fewer days between Thanksgiving and Christmas this year, the shortest holiday season in more than a decade. That could cost retailers $1.5 billion in lost sales, according to a report released Tuesday, […]
“Breaking: CVS Earnings Beat Street” at CNBC. “CVS Caremark Corp posted higher quarterly profit and raised its forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions.” Read more “Wal-Mart managers struggle to capture Millennials” by Kim Souza at The City Wire. ““My team has […]
Tuesday Tipsheet: Wmart Doubles Down | Amazon/J&J Clash | Target’s Accidental Ship
/in Eye-on-Retail“Walmart Doubles Down on Thanksgiving” by Krystina Gustafson at CNBC. “The world’s largest retailer announced Tuesday that it will begin its in-store Black Friday sales at 6 p.m. on Thanksgiving Day, two hours earlier than last year. In addition, Walmart.com will begin offering Black Friday sales on a limited number of items Thursday morning—likely […]
Monday Tipsheet: Amazon Offers Sun.Delivery | H.Depot’s Bad Tweet Airs @ Today Show | Venezuela Seizes Retail Chain
/in Eye-on-Retail“Venezuelan military seizes major retail chain” by Girish Gupta at USA Today. “Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices. President Nicolás Maduro ordered a military […]
Friday’s Tipsheet: Wmart’s 1st C-Store | H.Depot’s Bad Tweet | Costco Eyes Mooresville
/in Eye-on-Retail“Walmart Building its First C-Store” by Paul Gatling at NWA Business Journal. “Wal-Mart said Wednesday it is building a convenience store in Bentonville, a first for the retail giant. A company spokesperson said the store at the northwest corner of the intersection of Arkansas Highway 102 and South Walton Boulevard will be open by […]
Thursday Tipsheet: Comps: Costco +3%, W.Foods +5.9% | Wmart #1 ‘Liked’ Brand | H.Depot Beats Target & Wmart Online
/in Eye-on-Retail“Costco Same-Store Sales Up 3% in October – Beats Street” at Reuters. “Sales at stores open at least a year rose 3 percent in the four-week period ended Nov. 3, including the impact of fuel sales and foreign exchange. On that basis, analysts expected same-store sales to rise 2.6 percent for the month of […]
Wednesday’s Tipsheet: Wgreen Comps +2.3% | Wmart Likes LEDs | Penney’s “dopes” Mending
/in Eye-on-Retail“Survey: Six fewer days between Thanksgiving & Christmas could cost retailers $1.5 billion” by Amrita Jayakumar at Washington Post. “There are six fewer days between Thanksgiving and Christmas this year, the shortest holiday season in more than a decade. That could cost retailers $1.5 billion in lost sales, according to a report released Tuesday, […]
Tuesday’s Tipsheet: Wmart Struggles w/Gen Y | 22 Depressing Kmart Pics | CVS Beats Street
/in Eye-on-Retail“Breaking: CVS Earnings Beat Street” at CNBC. “CVS Caremark Corp posted higher quarterly profit and raised its forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions.” Read more “Wal-Mart managers struggle to capture Millennials” by Kim Souza at The City Wire. ““My team has […]