• Wednesday Tipsheet: Target’s Jeff Jones Iview | Alibaba Market Cap Passes Wmart

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

      Deloitte: 56% of consumers will do holiday shopping at retailers that have experienced a data breach at CNBC. "The consumer's now somewhat desensitized [to breaches]," said Rod Sides, principal at Deloitte Consulting. This is particularly true among higher-income households, according to the CreditCards.com report...only 31 percent of households earning $75,000 or more annually said they were likely to avoid affected stores, compared with 56 percent of those with an annual income of less than $30,000." Read more   Time: "This Is How Walmart Can Win Its War With Apple" by Jacob Davidson. "Apple Pay supporters have a point. CurrentC is clunky—at [...]

  • Tuesday Tipsheet: Lowe’s Likes Robots & NYC | Retailer “Hack” Results | F.Dol Vote 12/11

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

      "Lowe’s to open two stores in New York City next year" by Ken Elkins at Charlotte Bus. Journal. "It plans to open the two Manhattan stores during the second half of 2015. Each will measure about 30,000 square feet...The stores will be located at 2008 Broadway at West 68th Street and at 635 Sixth Ave. at West 19th Street." Read more   "Lowe's ranked the best, Home Depot the worst in "fake hack" contest" One major retailer actually listed their employee schedule on Instagram. Of course, this type of information would allow for a very personalized attack on staff. One contestant [...]

  • Monday Tipsheet: Apple Pay Funeral? | DIY Down in UK | Alibaba Likes Seattle

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

      "Why CVS and Rite Aid are blocking Apple Pay" by Phillip Elmer-DeWitt at Fortune. "I don’t know that CVS and Rite Aid disabling Apple Pay out of spite is going to drive customers to switch pharmacies” writes Gruber. “But I do know that CurrentC is unlikely to ever gain any traction whatsoever.” Read more   ....Apple Pay Down to 25 Retail Partners by Jim Edwards at Business Insider. "A quick look at Apple's website explaining the service highlights just 34 retail partners that support the system. Eight of those are different flavors of Foot Locker. One is Apple itself." [...]

  • Friday Tipsheet: Bullseye Flies 1st Class | Wmart: New Shopper Framework | Cabela’s Comp -11.2%

    Published On: October 24, 2014Categories: Eye-on-Retail

      "Walmart Unveils New Shopper Marketing Framework" by Patrycja Malinowska at Path to Purchase. "Andy Murray called on brands to retire the “stop, hold and close” approach to in-store activation. Instead of disrupting shoppers, he said brands should seek to inspire and engage them. In terms of displays and PDQs, the retailer wants more value-added messaging at the shelf. P-O-P materials should have a very clear value proposition. Beyond just communicating value, they should create it, actually delivering a benefit." Read more   "Wal-Mart global operations are a testing lab for Walmart U.S. stores" by Kim Souza at The City Wire. "Walmart [...]

  • Thursday Tipsheet: Lowe’s CMO Iview | Target ‘Overstocking’ Canada | Video: Wmart’s Quinn

    Published On: October 23, 2014Categories: Eye-on-Retail

      "Target Canada to experiment with overstocking in turnaround effort" by Marina Strauss at Globe & Mail. "The chain is quietly experimenting with ordering more merchandise than its systems think it needs for five of its best performing stores while “over-investing” in strong selling inventory at its top 20 outlets, Mr. Schindele said during a tour of Target’s Toronto Stockyards mall location, one of its premier stores." Read more   "Analyst: Target could sell Canadian assets to Wal-Mart" by Marina Strauss at Globe & Mail. "Will troubled discounter Target Canada stay in Canada or leave? That’s the burning question that [...]

  • Wednesday Tipsheet: Target CEO Iview | Wmart’s New IT Plan | HBR’s Top 100 CEO’s (Bezos #1)

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

      "Target puts focus back on 'cheap-chic' with eye on winning back holiday shoppers" by Phil Wahba at Fortune. "If we go back during the last few years, during those recessionary periods, we probably played harder on the ‘pay less’ side than on the ‘expect more’ side, ” Brian Cornell, Target CEO since August, told Fortune. “We’re going to continue to focus on bringing that balance to life.” Read more   ....Faux Fur Vest for Under $35 by Matt Townsend at Bloomberg. "At a design studio in Manhattan, Kathryn Tesija, executive vice president of merchandising, highlighted the goods that the company [...]

  • Tuesday Tipsheet: Walter White @ Toys ‘R’ Us | H.Depot’s Powers EVP Stores | Sears Clerk Swipes $3.7 Mil

    Published On: October 21, 2014Categories: Eye-on-Retail

      "Parents outraged as U.S. Toys ‘R’ Us sells 'crystal meth' Breaking Bad dolls" by Rosa Prince at The Telegraph via Vancouver Sun. "Parents took to the toy giant's Facebook page to say that they did not want their teenagers to be exposed to drug dealing even at the age of 15. One wrote: "Nothing says toys for kids like an action figure with a bag of crystal meth. I can't wait for my 15 year to grow up like that." Another added: "A new low . . . Breaking Bad toys? Come on! Pull them and be done with [...]

  • Monday Tipsheet: Target’s ‘Navel Gazing’ | H.Depot’s SEO Mgr. | Top 25 in Solar

    Published On: October 20, 2014Categories: Eye-on-Retail

      Jeff Jones: "Target’s Target No Longer Just The “White Suburban Mom” by Suzanne Vranica at WSJ. "During a 45-minute presentation to hundreds of marketers attending the “Masters of Marketing” conference taking place in Orlando, Target CMO Jeff Jones gave a honest assessment of Target’s recent woes." Read more (Subscription)   "How Target Used Data Breach to Shake Up Its Brand" by Natalie Zmuda at Ad Age. "Don't let a crisis force you to take stock of your brand assets," Jeff Jones said. "Don't get caught navel gazing like we did. … If you just respond, you will be too [...]

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