• Wednesday Tipsheet: Wmart’s Dress Code | H.Depot Message | CVS New Name

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

      "Walmart Workers Rant About the "Nonsense" New Dress Code" by Hamilton Nolan at Gawker. "The Walmart employee who sent us this information told us, "I believe Walmart is placing yet another financial burden upon the workers...I do hope that media attention will cause the company to either set up a hardship fund to help us pay for this, or even better, do away with it all together." Read more   "CVS Stops Tobacco Sales Today, Changes Name To Reflect New Era" by Bruce Japsen at Fortune. "The move to remove tobacco products effective this morning coincides with a company [...]

  • Tuesday Tipsheet: D.Gen Sweetens Bid | Costco’s 93 inch Bear | Insulted Pay More

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

      "Dollar General sweetens cash bid for Family Dollar to $80 a share, or about $9.1B" by Andrew Ross Sorkin at CNBC. "Dollar General is willing to sell up to 1,500 stores if required by the U.S. Federal Trade Commission, even though it feels its pledge to divest 700 stores in its prior proposal provides more than enough cushion to clear any regulatory review." Read more   "Kickstarter users fundraise for products already sold on Amazon" by Kaja Whitehouse at NY Post. "The Bellevue, Wash., company launched a Kickstarter campaign seeking $20,000 for its high-tech knife, whose pitch is that [...]

  • Friday Tipsheet: Wmart Preps ‘Pickup Grocery’ | Target Likes Annie | Google Drone Delivers Dog Treats

    Published On: August 29, 2014Categories: Eye-on-Retail

      "Walmart ‘Pickup Grocery’ site preps for grand opening" by Kim Souza at The City Wire. "The retailer has named the test format Walmart Pickup Grocery...amid a flurry of activity as the 15,000 square-foot grocery center is being stocked with 10,000 fresh and dry grocery products – everything from cereal, chips and bread to fresh produce, meat and milk. Wal-Mart told The City Wire that several tests will be conducted before the online grocery service opens to the public early this fall. Walmart declined to provide a specific date or share who will be allowed to test the service." Read [...]

  • Thursday Tipsheet: D.Gen Comp +2.1% | ‘Ludicrous’ Pay at Kroger | Sam’s: 1 Reindeer Left

    Published On: August 28, 2014Categories: Eye-on-Retail

    "Dollar General Q2 Comp Sales +2.1%" "CEO: 'In regards to our proposal to acquire Family Dollar, we remain firmly committed to the acquisition. The financial benefits of our offer to Family Dollar shareholders are indisputable, and the proposed combination would unlock tremendous value for Dollar General shareholders. We continue to believe the potential antitrust issues are manageable and that our transaction as proposed is both superior and achievable.' Read the release   CNBC Headline: "Dollar General says committed to Family Dollar deal" "Dollar General, the No.1 U.S. deep discount retailer, said it remained committed to acquiring rival Family Dollar and reported [...]

  • Wednesday Tipsheet: Target makes Instagram Shoppable | ‘Burners’ Stuck at Wmart | Kroger Bidding?

    Published On: August 27, 2014Categories: Eye-on-Retail

      "Target & Nordstrom make Instagram shoppable" by Krystina Gustafson at CNBC. "Target and Nordstrom are teaming up with Curalate, a visual marketing and analytics firm, to launch Like2Buy, a platform that seamlessly allows Instagram users to make purchases when they see an item they like on their feeds." Read more   "Soggy start: Burning Man crews stuck at Wal-Mart" by Scott Sonner at The Tribune (Reno, NV). "Turned back at the gate to the Black Rock Desert after rare showers on Monday turned the ancient lake bottom to a muddy quagmire, hundreds of "Burners" were forced to overnight on the [...]

  • Tuesday Tipsheet: Wmart EVP Next to Exit? | Costco HQ Adds 177K s.f. | Best Buy Comp -2%

    Published On: August 26, 2014Categories: Eye-on-Retail

      Walmart's Duncan Mac Naughton Next Out the Door? by Kim Souza at The City Wire. "Some close watchers of the Wal-Mart corporate world say Mac Naughton may follow Bill Simon, former Walmart U.S. CEO, out the door. Simon was not picked to be Wal-Mart CEO, and Mac Naughton was considered a candidate for the Wal-Mart U.S. CEO job to which Foran was promoted." Read more   "Costco leases 177,000-square-foot building for growing HQ staff" at Seattle Times. "Chief Financial Officer Richard Galanti said the lease gives Costco more room for part of its information technology staff and other operations. [...]

  • Monday Tipsheet: Costco Won’t Deliver Fruity Pebbles | H.Depot & Bobbleheads

    Published On: August 25, 2014Categories: Eye-on-Retail

      "Amazon at odds with Germany over strong union tradition" by Jay Greene at Seattle Times. "As the protesting workers grill bratwurst and listen to a guitarist playing union songs, the rants aren’t the hot-button issues that often fuel strikes in the United States...Sure, the workers here want better pay and job security for zipping off boxes of books, shirts, razors and more to customers. But often, the first complaint these Amazon strikers raise is simply that the company doesn’t respect their rights as Germans to form a union and engage in collective bargaining." Read more   "Sneak peek inside [...]

  • Friday Tipsheet: Menear Congrats | Hollywood Stops Target | D.Tree +4.5%

    Published On: August 22, 2014Categories: Eye-on-Retail

      "Home Depot Names Retail Chief Craig Menear As CEO" by Shelly Banjo at WSJ.  "Mr. Menear, who will take the helm Nov. 1, will become the third CEO to run the country's fourth-largest retailer by revenue...The CEO appointment settles the top job but raises questions about how long Mr. Ellison and Ms. Tome, both well-regarded executives who were also considered possible successors to Mr. Blake, will remain with the company." Read more   "Costco's Galanti: Minimum wage hike probably won't mean price hike" by Rachel Lerman at Puget Sound Bus. Journal. "Whenever there’s any type of cost increase, whatever [...]

Archives