Walmart’s New Challenge to Amazon Prime Has Deep, Hidden Roots at Bloomberg. “While details of the program, dubbed Walmart+, are still hazy, the service is rooted in three experiments the world’s biggest retailer has conducted in recent years to gauge the willingness of its shoppers to deepen their allegiance. The trials span the globe […]
Walmart’s Amazon Prime competitor will launch in July at Recode. “Walmart plans to launch a new subscription service later this month called Walmart+ that will cost $98 a year. It will include perks like same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas stations, and early access to product deals, […]
Brooks Brothers nears bankruptcy as talks heat up with potential buyer at Fox Business. “Private equity firm Solitaire Partners is in talks with the haberdasher to make a bid once a possible Chapter 11 bankruptcy filing has been made, according to people close to the matter.” Read more U.S. government’s boxed food aid […]
Amazon reportedly postponing Prime Day until October at CNBC. “The email advises sellers to use the week of Oct. 5 as a “placeholder date” for Prime Day promotions and coupons, but cautions that “exact Prime Day dates have not been announced.” Read more White House teases executive orders on China, immigration and prescription […]
US adds 4.8 million jobs as unemployment falls to 11.1% at AP. Read more Home Depot bans some rope sales after nooses were found tied on store spools at USA Today. “Rob Ball urgently needed some rope. A vegetable farmer in eastern Jefferson County, Ball had 300 tomato plants that needed stringing…So Ball paid […]
Tipsheet: WaWa: Exact Change Only | Soap Pump Shortage | 2 Buyers Eye Brooks Bros
/in Eye-on-Retail /by jlongWalmart’s New Challenge to Amazon Prime Has Deep, Hidden Roots at Bloomberg. “While details of the program, dubbed Walmart+, are still hazy, the service is rooted in three experiments the world’s biggest retailer has conducted in recent years to gauge the willingness of its shoppers to deepen their allegiance. The trials span the globe […]
Tipsheet: Costco +14.4% | Wgreen Loses $1.7B | Bed Bath -200
/in Eye-on-Retail /by jlongCostco June comp sales (ex. fuel & f/x) +14.4% (US +13.6%, Canada +12.2%, Other Int’l +18%) Press release Walgreens Q3 sales +0.1% / Retail Pharmacy USA comp sales growth +3.0% Press release …Fox Business: Walgreens loses $1.7B as coronavirus snarls overseas sales “…U.K. comparable retail sales slumped 48 percent. Overall, international sales […]
Tipsheet: Kroger’s New Chief Merchant | Empty Shelves @ Melbourne | Post Office Truck Fires
/in Eye-on-Retail /by jlongWalmart’s Amazon Prime competitor will launch in July at Recode. “Walmart plans to launch a new subscription service later this month called Walmart+ that will cost $98 a year. It will include perks like same-day delivery of groceries and general merchandise, discounts on fuel at Walmart gas stations, and early access to product deals, […]
Tipsheet: Brooks Nears Bankruptcy | Lysol Effective @ Covid | WM/Target Drop Redskins
/in Eye-on-Retail /by jlongBrooks Brothers nears bankruptcy as talks heat up with potential buyer at Fox Business. “Private equity firm Solitaire Partners is in talks with the haberdasher to make a bid once a possible Chapter 11 bankruptcy filing has been made, according to people close to the matter.” Read more U.S. government’s boxed food aid […]
Tipsheet: Amazon Groc. Expands | WM Medicare Agency | Prime Day 10/5ish
/in Eye-on-Retail /by jlongAmazon reportedly postponing Prime Day until October at CNBC. “The email advises sellers to use the week of Oct. 5 as a “placeholder date” for Prime Day promotions and coupons, but cautions that “exact Prime Day dates have not been announced.” Read more White House teases executive orders on China, immigration and prescription […]
Tipsheet: H.Depot Bans Some Rope | Kroger Covid Kit | WM Drive Ins
/in Eye-on-Retail /by jlongUS adds 4.8 million jobs as unemployment falls to 11.1% at AP. Read more Home Depot bans some rope sales after nooses were found tied on store spools at USA Today. “Rob Ball urgently needed some rope. A vegetable farmer in eastern Jefferson County, Ball had 300 tomato plants that needed stringing…So Ball paid […]