“Walmart Announces Plans for Black Friday 2013” “Compared to last year, Walmart will offer 65 percent more inventory on televisions and double the number of tablets…this year a 32″ LED TV will be available at Walmart for $98. Last Black Friday, a 32″ LED TV sold for $148 at Walmart.” Read more “Kmart […]
“Walmart Doubles Down on Thanksgiving” by Krystina Gustafson at CNBC. “The world’s largest retailer announced Tuesday that it will begin its in-store Black Friday sales at 6 p.m. on Thanksgiving Day, two hours earlier than last year. In addition, Walmart.com will begin offering Black Friday sales on a limited number of items Thursday morning—likely […]
“Venezuelan military seizes major retail chain” by Girish Gupta at USA Today. “Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices. President Nicolás Maduro ordered a military […]
“Walmart Building its First C-Store” by Paul Gatling at NWA Business Journal. “Wal-Mart said Wednesday it is building a convenience store in Bentonville, a first for the retail giant. A company spokesperson said the store at the northwest corner of the intersection of Arkansas Highway 102 and South Walton Boulevard will be open by […]
“Costco Same-Store Sales Up 3% in October – Beats Street” at Reuters. “Sales at stores open at least a year rose 3 percent in the four-week period ended Nov. 3, including the impact of fuel sales and foreign exchange. On that basis, analysts expected same-store sales to rise 2.6 percent for the month of […]
“Survey: Six fewer days between Thanksgiving & Christmas could cost retailers $1.5 billion” by Amrita Jayakumar at Washington Post. “There are six fewer days between Thanksgiving and Christmas this year, the shortest holiday season in more than a decade. That could cost retailers $1.5 billion in lost sales, according to a report released Tuesday, […]
Wednesday Tipsheet: Menard/Trump Trial | Kmart’s 100% Annual Interest | Rona Tanks (Again)
/in Eye-on-Retail“Walmart Announces Plans for Black Friday 2013” “Compared to last year, Walmart will offer 65 percent more inventory on televisions and double the number of tablets…this year a 32″ LED TV will be available at Walmart for $98. Last Black Friday, a 32″ LED TV sold for $148 at Walmart.” Read more “Kmart […]
Tuesday Tipsheet: Wmart Doubles Down | Amazon/J&J Clash | Target’s Accidental Ship
/in Eye-on-Retail“Walmart Doubles Down on Thanksgiving” by Krystina Gustafson at CNBC. “The world’s largest retailer announced Tuesday that it will begin its in-store Black Friday sales at 6 p.m. on Thanksgiving Day, two hours earlier than last year. In addition, Walmart.com will begin offering Black Friday sales on a limited number of items Thursday morning—likely […]
Monday Tipsheet: Amazon Offers Sun.Delivery | H.Depot’s Bad Tweet Airs @ Today Show | Venezuela Seizes Retail Chain
/in Eye-on-Retail“Venezuelan military seizes major retail chain” by Girish Gupta at USA Today. “Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices. President Nicolás Maduro ordered a military […]
Friday’s Tipsheet: Wmart’s 1st C-Store | H.Depot’s Bad Tweet | Costco Eyes Mooresville
/in Eye-on-Retail“Walmart Building its First C-Store” by Paul Gatling at NWA Business Journal. “Wal-Mart said Wednesday it is building a convenience store in Bentonville, a first for the retail giant. A company spokesperson said the store at the northwest corner of the intersection of Arkansas Highway 102 and South Walton Boulevard will be open by […]
Thursday Tipsheet: Comps: Costco +3%, W.Foods +5.9% | Wmart #1 ‘Liked’ Brand | H.Depot Beats Target & Wmart Online
/in Eye-on-Retail“Costco Same-Store Sales Up 3% in October – Beats Street” at Reuters. “Sales at stores open at least a year rose 3 percent in the four-week period ended Nov. 3, including the impact of fuel sales and foreign exchange. On that basis, analysts expected same-store sales to rise 2.6 percent for the month of […]
Wednesday’s Tipsheet: Wgreen Comps +2.3% | Wmart Likes LEDs | Penney’s “dopes” Mending
/in Eye-on-Retail“Survey: Six fewer days between Thanksgiving & Christmas could cost retailers $1.5 billion” by Amrita Jayakumar at Washington Post. “There are six fewer days between Thanksgiving and Christmas this year, the shortest holiday season in more than a decade. That could cost retailers $1.5 billion in lost sales, according to a report released Tuesday, […]