Happy Black Friday!! “To Lure Shoppers, Wal-Mart Tries Same-Day Delivery” by Jeff Brady at NPR News (audio and text). Walmart testing same day delivery in Northern Virginia, Philly, Minneapolis, San Jose and San Francisco during holidays. https://www.wbur.org/npr/165592058/to-lure-shoppers-wal-mart-tries-same-day-delivery “Canadian retailers cast ‘Black Friday’ net to keep shoppers at home — and spending” by Vito Pilieci in […]
Worker Organization Files Federal Charge against Walmart. “The planned strikes, which OUR Walmart members announced would be part of 1,000 store protests on and leading up to Black Friday, are in protest of Walmart’s ongoing attempts to silence workers for speaking out for better jobs. Because the planned strikes are in protest to unfair labor […]
Yesterday’s Lowe’s Q3 Earnings Call Highlights Heard on the Call… Strategy In the US, Lowe’s is focused on two large bodies of work this year — value improvement and product differentiation. Through these efforts, Lowe’s expects to deliver comp transaction growth and better gross margin by localizing assortment (i.e. store clustering), driving excitement in stores […]
https://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.png00jlonghttps://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.pngjlong2012-11-20 13:48:412012-11-20 13:48:49Eye-on-Retail Tipsheet 11/20/12: Lowe's Q3 call deep dive; Amazon would "love" to open retail stores.
Breaking this morning…Lowe’s Q3 Earnings Lowe’s Reports Third Quarter Sales and Earnings Results. Highlights: Q3 comparable comp sales +1.3% (vs. Home Depot Q3 comp sales +4.2%) Q3 net earnings of $396 million, a 76% increase vs. same period a year ago (vs. Home Depot Q3 net earnings of $947 million) Lowe’s full year anticipated sales […]
Highlights from Target Q3 Earnings Call on 11/15/12 Q3 US sales increased 3.4% to 16.6 billion in third quarter 2012 from 16.1 billion last year Q3 US comp +2.9% Heard on the call… Online: Free wi-fi now rolled out across the chain. Target sees a halo effect from stores to their online site. Not currently […]
Breaking News — Highlights from Walmart’s Q3 earnings release this morning… Q3 Earnings: $1.08/share (vs. $1.07/share expected by analysts) an 11.3% increase from $.97/share in the same quarter a year ago. Q3 Net Sales: $113.2 billion, an increase of 3.4% from Q3 last year. Q3 Comp Sales US: +1.5% in 13-week period ending Oct. 26, […]