Eye-on-Retail Tipsheet 3/12/13: Costco comps +5%; Walmart doubles-up in Sioux Falls

  “NASCAR Sees Growth In Fan Involvement From Partnership With Walmart” by Alicia Jessop at Forbes.  “The birth of the Walmart partnership was predicated upon an internal business decision made by NASCAR. ”Before forming NASCAR Team Properties to consolidate a lot of the merchandising rights in the business, all of our rights from a retail […]

Eye-on-Retail Tipsheet 3/11/13: Target’s Geek Squad test; Menards invades St. Louis

  “Target Letting Its Geek Flag Fly” by Rick Moss at Forbes.  “Target’s test partnership offering Geek Squad services to its customers began last year in Denver. Given that both companies agreed to extend the trial to more markets is an early indication that the arrangement is working out.  On Target’s fourth quarter earnings call, […]

Eye-on-Retail Tipsheet 3/8/13: Kroger’s Robust Sales; Walgreen’s First Net Zero Energy Store

  “Walmart Launches Online Site That Connects Shoppers with Products Supporting Small Women-Owned Businesses Around the World”  “As merchants, we’re always looking for new products to share with our customers that are quality, on-trend and priced right,” said Kelly Thompson, senior vice president of merchandising, Walmart.com. “The products from the Empowering Women Together collection deliver […]

Eye-on-Retail Tipsheet 3/7/13: “Big box is so last decade”; Target’s SXSW contest

  “Why Walmart Is Betting Big On Small Stores” by Lydia Dishman at Forbes.  “Big box is so last decade. That’s why Walmart is upping the ante on its expansion efforts with smaller stores. According to Bill Simon, head of Walmart’s U.S. division who spoke on an industry conference call yesterday, “They compete really well against […]

Eye-on-Retail Tipsheet 3/6/13: Google’s Rumored Alliance with Walmart & Target

  “Google’s Rumored Target and Walmart Alliance Could Scare the Prime Out of Amazon” by Louis Bedigian at Benzinga.  “Google is reportedly working on a new shopping service to take on Amazon Prime.  According to TechCrunch, the new service (which is being referred to as “Google Shopping Express”) will retail at $64 or $69 a […]

Eye-on-Retail Tipsheet 3/5/13: Highlights – H.Depot’s Raymond James Conf.; Safeway Overcharges

  Home Depot Presents at Raymond James Institutional Investors Conference (3/4/13) Presented by Home Depot’s Kevin Hoffman — President, Online Highlights: *  50% of Home Depot sales involve online properties in some shape or form *  Aim to have endless aisles *  600,000 skus online vs. 35,000 in typical store *  One in four hit […]