Eye-on-Retail Tipsheet 11/28/12

Costco Wholesale Corporation Reports November Sales Results.  Costco Wholesale Corporation today reported net sales of $8.15 billion for the month of November, the four weeks ended November 25, 2012, an increase of nine percent from $7.51 billion during the similar four-week period last year.   https://phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-newsArticle&ID=1762306&highlight= “Walmart comes to India: Can mom and pop stores play […]

Eye-on-Retail Tipsheet 11/27/12: Walmart Evolution to E-Commerce; Top Online Shopping Sites

  “Online sales jump on Cyber Monday, eBay shines” by Alistair Barr at Reuters.  “Online sales were up 25.6 percent as of 3:00 pm EST on Monday, compared with the same period a year ago, according to International Business Machines Corp which tracks transaction data from 500 U.S. retail websites. In 2011, Cyber Monday year-over-year […]

Eye-on-Retail Tipsheet 11/26/12

What’s happening today:  Shoppers showed up in force both in-store and online this Holiday Weekend; Cyber Monday is upon us and a reminder of Amazon’s online retail strength. Thanksgiving Day Promotions Win Over Millions of Holiday Shoppers, According to National Retail Federation.  Highlights of report:   According to the survey, a record 247 million shoppers […]

Eye-on-Retail Tipsheet 11/23/12

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 […]

Resend: Eye-on-Retail Tipsheet 11/21/12

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 […]

Eye-on-Retail Tipsheet 11/20/12: Lowe’s Q3 call deep dive; Amazon would “love” to open retail stores.

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 […]