“Wal-Mart, retailers vie for bigger entertainment share” by Kim Souza at The City Wire. “It’s been more than three years since Wal-Mart purchased Vudu, a video-streaming service based in Silicon Valley…Retail consultant Jason Long with Shift Marketing Group, said brick and mortar retailers are likely delving into streaming media as a defensive strategy focused […]
“Target testing new baby store concept in Illinois” at The Chicago Tribune via Reuters. “Target Corp is testing a baby section with trained staff at 10 Illinois stores in a push to gain a bigger share of the shrinking but highly competitive market for baby gear…Households with children spend about 20 percent more each […]
“Home Depot’s Hurricane Prep Workshops in Full Swing” by Angela Chen at WSJ. ” Home Depot has added hurricane-preparation workshops in places like Staten Island, N.Y., and the New Jersey shore to help people understand basic issues like how to choose the right generator, says Tony Lemma, Home Depot’s regional vice president for the New […]
“Office Depot Q2 Sales Down 4%” “The North American Retail Division reported second quarter 2013 sales of $939 million, a decrease of 5% compared to the prior year. Comparable store sales in the 1,077 stores that have been open for more than one year decreased 4% for the second quarter of 2013.” Read more […]
“Saks Fifth Avenue bought by Lord & Taylor owner: sources” by James Covert at NY Post. “The swanky luxury chain has struck a deal to be acquired by Hudson’s Bay, the Canadian department-store chain that owns Lord & Taylor, sources told The Post. The deal is expected to be announced as soon as today. […]
“Target Purchases 9 acres @ 6 million for its First Custom Canadian Store” by Barrie Advance at Simcoe County. “Target has purchased just over nine acres for $6 million at Park Place for its first custom Canadian store. The deal closed July 12, and construction will begin in September…”This is the first piece of […]
Friday’s Eye-on-Retail Tipsheet: Walmart & Streaming | Brick & Mortar ‘Heat Maps’ | Amazon/Costco Overlap
/in Eye-on-Retail“Wal-Mart, retailers vie for bigger entertainment share” by Kim Souza at The City Wire. “It’s been more than three years since Wal-Mart purchased Vudu, a video-streaming service based in Silicon Valley…Retail consultant Jason Long with Shift Marketing Group, said brick and mortar retailers are likely delving into streaming media as a defensive strategy focused […]
Thursday’s Eye-on-Retail Tipsheet: Target’s New Baby Store | Whole Foods Up | Costco Co-Founder Interview
/in Eye-on-Retail“Target testing new baby store concept in Illinois” at The Chicago Tribune via Reuters. “Target Corp is testing a baby section with trained staff at 10 Illinois stores in a push to gain a bigger share of the shrinking but highly competitive market for baby gear…Households with children spend about 20 percent more each […]
Wednesday’s Eye-on-Retail Tipsheet: Home Depot & Hurricanes | Bentonville’s ‘Silicon Valley’ | Scents Trigger $
/in Eye-on-Retail“Home Depot’s Hurricane Prep Workshops in Full Swing” by Angela Chen at WSJ. ” Home Depot has added hurricane-preparation workshops in places like Staten Island, N.Y., and the New Jersey shore to help people understand basic issues like how to choose the right generator, says Tony Lemma, Home Depot’s regional vice president for the New […]
Tuesday’s Eye-on-Retail Tipsheet: Office Depot Comps Off 4% | Retail Mobile Payment Growth
/in Eye-on-Retail“Office Depot Q2 Sales Down 4%” “The North American Retail Division reported second quarter 2013 sales of $939 million, a decrease of 5% compared to the prior year. Comparable store sales in the 1,077 stores that have been open for more than one year decreased 4% for the second quarter of 2013.” Read more […]
Monday’s Eye-on-Retail Tipsheet: Hudson’s Bay Acquires Saks | Publicis-Omnicom Merger | Wmart Canada Expansion
/in Eye-on-Retail“Saks Fifth Avenue bought by Lord & Taylor owner: sources” by James Covert at NY Post. “The swanky luxury chain has struck a deal to be acquired by Hudson’s Bay, the Canadian department-store chain that owns Lord & Taylor, sources told The Post. The deal is expected to be announced as soon as today. […]
Friday’s Tipsheet: Target’s 1st Custom Store in Can. | Wmart’s 2.4% Cheaper than Target
/in Eye-on-Retail“Target Purchases 9 acres @ 6 million for its First Custom Canadian Store” by Barrie Advance at Simcoe County. “Target has purchased just over nine acres for $6 million at Park Place for its first custom Canadian store. The deal closed July 12, and construction will begin in September…”This is the first piece of […]