• Wednesday Tipsheet: McMillon on CNBC | H.Depot Acquires | Kroger Turkey Fight

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

      This Morning:  Walmart's Doug McMillon Appears on CNBC by Matthew Belvedere at CNBC. "This 2 percent to 3 percent growth range number just feels like it's kind of perpetual," he said on "Squawk Box" from the Business Roundtable meeting in Washington, D.C. "We're kind of like we were last year year. And as I look ahead to next year, it feels like more of the same." See the video / Read more   "Amazon’s Jeff Bezos Has Chosen an Heir Apparent" by Jason Del Rey at Recode. "There is a succession plan,” Bezos said in an onstage interview on [...]

  • Tuesday Tipsheet: Wmart’s Ashe on CNBC | Target’s Rosso Iview | Gun Friday & Hells Angels

    Published On: December 2, 2014Categories: Eye-on-Retail

      "Online Sales Grew 8% on Cyber Monday vs. 13-15% Projection" at Reuters. "Consumers are not holding back their purchases for deals on certain days anymore and that trend is becoming increasingly clear," said Jay Henderson, strategy program director at IBM." Read more   ...IBM: Mobile Accounted for 38% of Traffic & 20% of Sales on Cyber Monday "Consumers spent more money on their desktops with an average order value of $136.60 compared to their mobile devices at $116.96, a difference of 16.8 percent." Read the release   ...IBM: Facebook referrals drove an average of $126.31 per order, Pinterest referrals averaged [...]

  • Monday Tipsheet: Black Friday Downer | Forecasts Hold | Amazon’s Kiva

    Published On: December 1, 2014Categories: Eye-on-Retail

      "Black Friday Fizzles With Consumers as Sales Tumble 11%" by Lauren Coleman-Lochner at Bloomberg. "The NRF had predicted that 140.1 million customers would visit retailers last weekend, a small decline from last year’s 140.3 million. Instead, only 133.7 million showed up. An effort by some retailers to put items on sale ahead of Thanksgiving may have contributed to sluggish demand on Black Friday, Shay said." Read more   ShopperTrak: Sales at retail stores totaled about $12.29 billion on Thursday and Friday, down 0.5 percent from last year at Reuters via Yahoo. "The research firm stuck by its forecast for November and [...]

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