“Walmart Opens 4th College Campus Store at Univ. of Missouri” by Joe Clougher at The Maneater. “Since 2011, Walmart on Campus has expanded to Georgia Tech and Arizona State from its origins at the University of Arkansas, just 20 miles from the retail giant’s corporate headquarters…“Really, this is a convenience for the students,” she said. “It will stock basic groceries, health and beauty items and general merchandise all at Walmart’s everyday low prices.” Hatfield confirmed that the campus store will feature a full pharmacy as well as check cashing services. And unlike most local retailers, she said, it offers customers the ability to order products online for in-store pickup.” Read more: https://www.themaneater.com/stories/2013/7/22/wal-mart-set-open-campus-store-downtown/
“EBay expands same-day delivery in local battle with Amazon” by Alistair Barr at Reuters. “EBay Now, which delivers products from stores including Target, Walgreen and Best Buy in as little as an hour, was launched last year in San Francisco and San Jose, California and Manhattan, New York. EBay is expanding the service to Brooklyn and Queens in New York and to the Bay Area peninsula, between San Francisco and San Jose in coming weeks. Chicago and Dallas will be added later this summer and the service may expand outside the United States in the future, eBay executives said.” Read more: https://www.reuters.com/article/2013/07/22/ebay-local-idUSL1N0FO2CT20130722
“Inside Walmart Canada’s Multi-Channel Pub Strategy” by Susan Kuchinskas at ClickZ. “The solution is a multi-channel consumer lifestyle publication, Walmart Live Better, that comprises a bimonthly print magazine, an iPad version, and a website with constantly refreshed content. The print publication is available free in stores, with a print run of one million – making this the largest circulation lifestyle magazine in Canada. Already, Walmart has 80 percent penetration among its target consumers, according to Fanson.” Read more: https://www.clickz.com/clickz/news/2283708/inside-walmart-canadas-multichannel-pub-strategy
“Spartan Stores to buy Nash Finch in military store play” at Reuters. “By teaming up with Nash Finch they get the military business plus a much wider footprint to grow both the distribution and the retail businesses,” Wolfe Trahan & Co analyst Scott Mushkin said.The deal will help expand Spartan’s distribution presence beyond Michigan, Indiana and Ohio to 37 states and the District of Columbia. It also makes Spartan the largest food distributor to U.S. military commissaries and exchanges at home and abroad.” Read more: https://www.reuters.com/article/2013/07/22/us-spartanstores-nashfinch-idUSBRE96L0T120130722
“Wayfair Reveals Its Strange Strategy: Sending Customers To Competitors” by J.J. Colao at Forbes. “Despite its e-commerce prowess, 99% of Wayfair’s web visitors don’t buy anything…So the company concocted a novel plan: Why not show customers nearby home décor stores, then charge local brick-and-mortars for the lead?” Read more: https://www.forbes.com/sites/jjcolao/2013/07/22/e-commerce-giant-reveals-strange-strategy-sending-customers-to-competitors/
“Amazon denied .amazon domain” by Dustin Kurtz at Melville House. “Their decision was no doubt influenced by a letter sent to ICANN by a group of South American nations including Brazil, Peru, Uruguay and Chile. The letter is quoted in the Times: ” ‘.amazon’ is a geographic name that represents important territories of some of our countries, which have relevant communities, with their own culture and identity directly connected with the name.” Read more: https://www.mhpbooks.com/amazon-denied-amazon-domain/
“RadioShack’s quarterly loss widens; CFO departs” at Reuters. “Struggling U.S. electronics retailer RadioShack Corp on Tuesday reported a wider quarterly loss, announced the departure of its chief financial officer and said it expects a turnaround to take several quarters.” Read more: https://www.reuters.com/article/2013/07/23/radioshack-results-idUSL1N0FT0A020130723
“Kroger puts local growers on display at area stores” by Jon Chavez at The Blade. “A total of 25 growers or food producers responsible for producing several products the chain sells in its stores will be represented at booths in the store’s parking lot or in the store. “We have six of these events in our division, but our Waterville one is the biggest event,” Ms. Siekmann said.” Read more: https://www.toledoblade.com/Food/2013/07/23/Kroger-puts-local-growers-on-display-at-area-stores-Copy.html#8ymmb8cHehVLV960.99
“Small Businesses Shirk Advertising” by Jack Neff at Ad Age. “The trend is away from ad spending. As recently as 2006, local advertisers spent more on advertising than promotion, according to Borrell Associates. But local advertising is up just 7% since bottoming out in 2010, reaching $93 billion in 2012, while local promotion increased 47% to $169 billion over that time. Promotion has exceeded advertising in each year since the recession started in 2007.” Read more: https://adage.com/article/digital/small-businesses-swap-paid-media-cheaper-digital-options/243213/
Thanks for reading…
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