• Wednesday Tipsheet: Target Closes 11 | Amazon Same-Day in Can. | Berkeley Taxes Soda

    Published On: November 5, 2014Categories: Eye-on-Retail

      "Target to Shutter 11 Stores" by Kavita Kumar at Star-Tribune. "It also swatted away an investment firm trying to buy shares on the cheap and started selling tchotchkes made by 3-D printers, latching on to one of the hottest things in high-tech...The 11 stores will be shuttered by Feb. 1, around the end of Target’s fiscal year. In May, it also closed eight stores." Read more   ...the List of Stores Target is Closing.  See the list of 11   "Berkeley, CA Passes Nations First Soda Tax" by Laura Mandaro at USA Today. "More than three-quarters of the votes [...]

  • Tuesday Tipsheet: Kroger CEO on CNBC | CVS FE Comp -4.5%| Publix Comp +5%

    Published On: November 4, 2014Categories: Eye-on-Retail

      "CVS Q3 Front-End Sales Down 4.5%" "Front store same store sales would have been approximately 480 basis points higher if tobacco and the estimated associated basket sales were excluded from the three months ended September 30, 2014 and 2013." Read the release   "Target quietly testing mobile payment app to rival Apple Pay" by Kavita Kumar at Star-Tribune. "Eddie Baeb, a spokesman for the Minneapolis-based retailer, confirmed that a group of Target’s headquarters employees has been trying out the CurrentC app in a couple of dozen Target stores around the Twin Cities. “Right now, it’s in a very early test phase,” [...]

  • Monday Tipsheet: Wgreen’s ‘Bitter’ Executive | Who is Alex from Target? | Lowe’s Swarmed

    Published On: November 3, 2014Categories: Eye-on-Retail

      "How Alibaba Plans to Help U.S. Exporters" at WSJ. "MR. BERMAN: What U.S. small business products would make sense in the Chinese market? MR. MA: Last year we helped Washington state. We sold 150 tons of cherries. We sell Alaska seafood. We sold 80 tons of nuts to China. There are so many farm products here that can be sold to China; because of the pollution, people cannot have good quality products." Read the full interview (Subscription)   Trending: Who is Alex from Target? by Emilee Speck at Orlando Sentinel. "The red-shirted Target employee can now add internet-famous to [...]

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