“Why Target’s New Digital Video Service Could Face Complications” by Todd Spangler at Variety. “But on the eve of Target’s big digital video launch, the company faces a potential wrinkle: The core system it is using just changed ownership. On Sept. 1, entertainment technology firm Rovi completed the sale of its money-losing Rovi Entertainment […]
“Walmart Loses Share to Dollar General” by Kim Souza at The City Wire. “Kantar found Dollar General had the least expensive total basket by far; driven by lower opening price points in its edible and non-edible baskets…Long said Dollar General is blanketing the country with rural stores, while Wal-Mart is still in the first […]
“Rona CEO Warns of Retail “Bloodbath” in Canada” by Marina Strauss at Globe & Mail. ““In Ontario, it’s a bloodbath for every retailer,” Robert Sawyer, chief executive officer of home-improvement retailer Rona Inc., said at a conference Tuesday in Toronto, organized by Bank of Nova Scotia. “It’s difficult, not only for the hardware business.” […]
“Walmart’s Cheap Beer Barely Covers Cost” by Minsi Chung and Renee Dudley at Businessweek. “The markup on a 36-pack of Coors Light cans at a Los-Angeles-area store was 0.6 percent, compared with 16.2 percent for a package of Flaming Hot Cheetos, according to internal documents reviewed by Bloomberg. Companies typically don’t release information about markups […]
“At Target, shoppers scramble for 3.1 Phillip Lim bags” by Tiffany Hsu at LA Times. “Shoppers quickly swooped in to a tight circle around the pile, hovering, agitated, as workers loaded the purses on the display and barked at those who got too close. As soon as the OK was given, fashionistas by the […]
“Breaking: Retail sales fall short, up 0.2 percent in August” at CNBC.” “U.S. retail sales rose less than expected in August even as demand increased for automobiles and other big-ticket items, the latest sign that economic growth slowed in the third quarter. The Commerce Department said on Friday retail sales increased 0.2 percent last […]
Friday’s Eye-on-Retail Tipsheet: Target Ticket Trouble? | H.Depot ends Med Coverage | Rite-Aid Profit Up
/in Eye-on-Retail“Why Target’s New Digital Video Service Could Face Complications” by Todd Spangler at Variety. “But on the eve of Target’s big digital video launch, the company faces a potential wrinkle: The core system it is using just changed ownership. On Sept. 1, entertainment technology firm Rovi completed the sale of its money-losing Rovi Entertainment […]
Thursday’s Eye-on-Retail Tipsheet: Ace in Afghan. | Dick’s wants 800 | Wmart expands Campus locations
/in Eye-on-Retail“Walmart Loses Share to Dollar General” by Kim Souza at The City Wire. “Kantar found Dollar General had the least expensive total basket by far; driven by lower opening price points in its edible and non-edible baskets…Long said Dollar General is blanketing the country with rural stores, while Wal-Mart is still in the first […]
Wednesday’s Eye-on-Retail Tipsheet: Retail ‘Bloodbath’ in Canada | Target likes PR | Walgreen Kicks Employees to Obamacare
/in Eye-on-Retail“Rona CEO Warns of Retail “Bloodbath” in Canada” by Marina Strauss at Globe & Mail. ““In Ontario, it’s a bloodbath for every retailer,” Robert Sawyer, chief executive officer of home-improvement retailer Rona Inc., said at a conference Tuesday in Toronto, organized by Bank of Nova Scotia. “It’s difficult, not only for the hardware business.” […]
Tuesday’s Eye-on-Retail Tipsheet: Wmart’s Cheap Beer | Target Opens in Quebec | REI Ends ‘Happy Returns’
/in Eye-on-Retail“Walmart’s Cheap Beer Barely Covers Cost” by Minsi Chung and Renee Dudley at Businessweek. “The markup on a 36-pack of Coors Light cans at a Los-Angeles-area store was 0.6 percent, compared with 16.2 percent for a package of Flaming Hot Cheetos, according to internal documents reviewed by Bloomberg. Companies typically don’t release information about markups […]
Monday’s Eye-on-Retail Tipsheet: ‘Painful’ scramble at Target | H.Depot CEO Demos Products | Wmart & Instagram
/in Eye-on-Retail“At Target, shoppers scramble for 3.1 Phillip Lim bags” by Tiffany Hsu at LA Times. “Shoppers quickly swooped in to a tight circle around the pile, hovering, agitated, as workers loaded the purses on the display and barked at those who got too close. As soon as the OK was given, fashionistas by the […]
Friday’s Eye-on-Retail Tipsheet: Kroger Comps Up 3.3% | Wmart’s Sustainability Mtg | DC Kills Wage Bill
/in Eye-on-Retail“Breaking: Retail sales fall short, up 0.2 percent in August” at CNBC.” “U.S. retail sales rose less than expected in August even as demand increased for automobiles and other big-ticket items, the latest sign that economic growth slowed in the third quarter. The Commerce Department said on Friday retail sales increased 0.2 percent last […]