Friday’s Eye-on-Retail Tipsheet: H.Depot CEO on CNBC | Wgreen/Rite Aid Sls Up | Costco in Australia

  “Home Depot CEO says company is a ‘very North American business’ ” at CNBC.  “Frank Blake confirmed his company’s decision to pull out of the Chinese market last September.  “Not that China isn’t a great market, but we didn’t have the answer for the Chinese market and in particular understanding the needs of the […]

Thursday’s Eye-on-Retail Tipsheet: Costco Sls Jump 4% | D.Gen +5.1% | Delhaize CEO Out

  “Costco Same-Store Sales Jump 4% in August” – Company Press Release.  “Costco today reported net sales of $7.95 billion for the month of August, the four weeks ended September 1, 2013, an increase of seven percent from $7.44 billion during the similar period last year.  For the 16-week fourth quarter, the Company reported net sales of […]

Wednesday’s Eye-on-Retail Tipsheet: Target wants to be Netflix | D.General Q2 Earnings Today | DC-Wmart Update

  “Target Nears Debut Of Streaming Video Service” by Jake Anderson at Twin Cities Business.  “Hints about the new service, called Target Ticket, appeared earlier this year on an online login page, which indicates that the platform is in beta mode and requires a promotional code and “Team Member ID” number to access it.  But […]

Tuesday’s Eye-on-Retail Tipsheet: Sears Hometown Tumbles | Harris Teeter Fights Unions | Publix to NC

  “Sears Hometown profit tumbles 57%” at Chicago Tribune.  “The company, which spun off from Sears last year, earned $9.1 million, or 40 cents per share, off from $21.1 million, or 91 cents per share, a year earlier.  Revenue rose 2.2 percent, to $656.9 million, on a small increase in sales at established stores and […]

Friday’s Eye-on-Retail Tipsheet: Kroger Bad at Social | Wmart’s $50 Mil Loan | Loyalty Lie

  “The Loyalty Lie” by Doug Stephens at The Retail Prophet.  “Loyalty program members are not, in effect, any more or less loyal. What’s worse, according to the same study, is that 81% of loyalty program members don’t even understand what their rewards entitlements consist of or how they’re paid out, which shouldn’t be surprising, given […]

Thursday’s Eye-on-Retail Tipsheet: Home Depot Peak? | Whole Foods Worry | Walgreens Sued

  “Industry Trends Might Not Favor Home Depot Much Longer” by Dan Moskowitz at Motley Fool.  “Many investors will point to a strong housing recovery in California as a major positive. However, a large portion of the housing boom in California has been thanks to investment firms (and foreign investors) buying properties, not families looking […]