Retail Feedback Today

By Brian Numainville | Brian Numainville and Doug Madenberg of Retail Feedback Group share retail stories/news. @thefeedbackgrp and @bnumainville

​Amazon lowers minimum for free shipping to $35

The retail giant matches Walmart by offering free two-day shipping to shoppers who spend more than $35. The threshold used to be $49.<p>Retail giant Amazon apparently doesn't want Walmart to offer a better deal on shipping.<p>Without promotion, Amazon has lowered the minimum required for free two-day US …

Amazon

Exclusive: Wal-Mart to tear down walls between store, online buying operations - sources

CHICAGO (Reuters) - Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes for its website, sources said, a significant move to stamp out duplicate efforts as it consolidates buying operations to better fight Amazon.com Inc …

Instacart's Stumble May Create New Competition

Instacart, the grocery delivery service that now serves 20 states across the U.S., may be headed for rough times.<p>It’s a space where other startups have failed (remember Webvan?) or others like Fresh Direct, Pink Dot and Peapod can’t seem to grow to their potential. While Amazon and Uber continue to …

Logistics

Sears gets new lifeline and stock soars

<b>New York (CNN) —</b> Sears had another awful quarter. Sales plunged during the holidays, and the company continued to lose money. But there may be hope that the iconic retailer can stave off bankruptcy.<p>Shares of Sears surged more than 30% in early trading Friday after the company, which also owns …

Markets

Aldi is fixing a major weakness and coming straight for Whole Foods

The discount grocery chain Aldi is taking aim at Whole Foods with a new store design.<p>Aldi is spending $1.6 billion to implement the new design in 1,300 of its US stores, Bloomberg reports.<p>The German-owned grocery chain debuted the new design in October at a store in Richmond, Virginia, and it looks …

Walmart

Wal-Mart Tried to Take on Amazon Prime and Failed

Image source: Wal-Mart.<p><b>Wal-Mart</b> (NYSE: WMT) doesn't think it makes sense to charge its online customers for two-day shipping anymore. The retailer is shutting down its year-and-a-half old ShippingPass program, a $50-per-year two-day shipping service similar to <b>Amazon</b> (NASDAQ: AMZN) Prime. "In …

Walmart

Amazon's supermarket of the future could operate with just 3 staff — and lots of robots

Amazon's high-tech supermarkets of the future could be operated by just three humans, according to The New York Post.<p>The ecommerce giant is reportedly considering two-storey supermarkets that span between 10,000 square feet and 40,000 square feet and rely heavily on a fleet of robots, sources told …

Robots

Online Shopping Prices Are Actually Basically The Same As In-Store Prices

Unless you're buying drugs. Then you're going to pay for needing them right away.<p>The benefits of e-commerce, it is usually said, are two-fold: One, your purchases are delivered directly to your door, and two, because of the lower overhead, the prices are cheaper. But checking out the goods in a …

eCommerce

Amazon accounts for 43% of US online retail sales

<i>This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.</i><p>An analysis by Slice Intelligence released this week found that 43% of all online retail sales in the US went through Amazon in 2016, as the e-commerce giant’s market share …

eCommerce

H&M Is Slamming the Brakes On New Store Openings

Even the wildly popular fast-fashion chains can't escape retail gravity.<p>Swedish retailer Hennes & Mauritz said on Tuesday it was dropping its goal of …

Markets

Look Out, Amazon, Walmart Just Announced Free 2-Day Shipping

Amazon's most valuable perk is no longer exclusive.<p>Walmart just made a move that should terrify Amazon.<p>Starting Tuesday at 8 a.m., Walmart will offer free two-day shipping on more than two million items for all orders over $35.<p>All Walmart customers will qualify for the free two-day shipping. There …

Walmart

Walgreens Just Slashed Its Rite Aid Offer by $2 Billion

Walgreens Boots Alliance (wba) has lowered its offer for smaller rival Rite Aid (rad) by $2 billion and extended the deadline to seal the troubled …

Markets

How Retailers Should Think About Online Versus In-Store Pricing

One of the biggest questions faced by brick-and-mortar retailers today is whether prices should be the same online and in stores. Gaining clarity on this issue is critical for traditional retailers to successfully compete in both environments.<p>Brick-and-mortar retailers have been struggling with …

eCommerce

In The Age Of Amazon, Target's Online Growth Is Out Of The CEO's Hands

(Photo by Scott Olson/Getty Images)<p>Over the last week people have been talking up the seemingly apparent self-cannibalization of Target from their online business. For context, remember that I wrote about this concept last year with “3 Easy Pieces To Target’s 2016 Second Quarter Earnings,” in which …

Markets

What does the store of the future look like?

Following Amazon Go, four industry experts share their views on what lies ahead for bricks-and-mortar retail<p>No check-out staff. No queueing. Amazon’s new physical grocery store which enables shoppers to effectively grab and go, stunned consumers and the retail industry alike. So, will robots be …

eCommerce

Why J.C. Penney's Holiday Sales Decline Was Worse than It Looks

Image source: Motley Fool.<p>It was a rough holiday season for department store chains, and<b>J.C. Penney</b>(NYSE: JCP) was no exception. The company is still in a rebuilding phase following Ron Johnson's decimation of the brand in 2012.<p>After steadily bringing customers back in the door, current CEO Marvin …

Finance

Metro considers switching from Air Miles over consumer backlash

Metro Inc. says it’s contemplating switching from Air Miles to its own loyalty program in Ontario grocery stores following a consumer backlash against its long-time partner.<p>The Quebec-based supermarket says negative reaction to an Air Miles reward points expiry policy, which was later abandoned, is …

Markets

More Than 75% Of Macy's Shoppers Visited Amazon For The Holidays

With Macy’s wrapping up the 2016 holiday season with yet another sub-par performance, it seems the beleaguered department store can sum up its shopper sentiment with one statement: <i>to Amazon we shall go!</i> According to Prosper Insights’ January 2017 survey of more than 7,500 U.S. adults, more than …

eCommerce

Target will launch its own mobile payments system this year

Target’s CartWheel application has grown to some 27 million shoppers who have used it over the past three years following its debut to save over $600 million at checkout. Now, the retailer hints it may be adding mobile payments to the app, and potentially its main Target application, as well. The …

FinTech

UK high street retailers race to keep up with online demand

| LONDON<p>British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive period.<p>Marks & Spencer (MKS.L) is investing in apps, its website and logistics, while spending …

eCommerce

Online shoppers take a bite out of popular retailers

Online shopping’s reign of terror over brick-and-mortar retailers clobbered three companies on Wednesday.<p>Target shares fell 5.8 percent, to $66.85, …

eCommerce

Study: Generation Z shoppers prefer physical retail stores to online shopping

Just because Generation Z, whose oldest members were born in the mid- to late 1990s, grew up not knowing a world without smartphones, the internet, and other digital devices, does not mean that they prefer online shopping to buying in physical stores, according to a new survey from IBM and the …

eCommerce

Lowe's Announces Nearly 2,400 Layoffs For Full-Time Workers

North Carolina-based home improvement retailer Lowe's says it's told approximately 2,400 full-time workers that they will be laid off.<p>A statement from the store said the majority of the cuts are at the store level, with other cuts occurring at distribution centers, customer support centers and vice …

Markets

Mall Owners Find Relief From Unlikely Source: Online Retailers

Online retailing has been chipping away at mall revenue for years. Now it is starting to make a contribution as well.<p>Retailers are converting empty mall space into makeshift distribution centers used for package pickup and returns of goods bought online. At the same time, online merchants are …

eCommerce

Bankrupt Retailer American Apparel Begins Laying Off Thousands of Workers

American Apparel LLC (app) said it had started to lay off staff on Monday, after Canadian apparel maker Gildan Activewear Inc withdrew its initial …

American Apparel

An unlikely group of stores is becoming a major threat to McDonald's

Convenience stores are increasingly a threat to fast-food chains like McDonald's.<p>Chains like 7-Eleven, Wawa, and Circle K are ramping up prepared food offerings, according to Anna Kang at Nation's Restaurant News.<p>The convenience stores are getting ahead thanks to a few distinct advantages over …

Black Market

J.C. Penney’s CEO Admits It Will Close Some Stores

J.C. Penney (jcp) won't escape the store closing cycle this year after all.<p>The department store chain, which has been outperforming rivals like …

Markets

Amazon’s Next Big Innovation – Brick and Mortar Shopping

Amazon.com rang the death knell for the retail industry when it made its first online book sale in 1995 and was dubbed Retail Enemy No. 1 in the …

Millennials may love online shopping but teens are basically keeping mall stores in business

For so many of us, going to the mall when we were teenagers was the best way to spend that after school time before our parents made us come home and …

eCommerce