The U.S. Census Bureau released retail sales numbers for March, and we discuss why they might be even rosier than most suggest. Not as rosy? Pier 1 Imports, whose disappointing fourth quarter earnings come alongside their annual investor day—we talk about their new initiatives to attempt to right the ship. Meanwhile, e-commerce native Brandless plans a pop-up store, and courts weigh sales tax collection by online retailers.
Bed Bath & Beyond takes it on the chin, as analysts find issue with their less-than-stellar fourth quarter. We discuss Walmart’s newest last-mile partnership, a new meatless burger at White Castle, and HOM Furniture’s concept and expansion plans. Our interview guest is Whitney Filloon, Eater Senior Associate Editor, who dives into Barnes & Noble’s recent efforts to use casual dining to bring traffic back to their struggling brick-and-mortar stores.
Ace Hardware releases their annual report, and we comb through the big takeaways from the convenience home improvement operator. Additionally, we talk Sprouts’ endeavor into two new markets, Ollie’s earnings, and CBL’s plan to replace a Sears location in one of their properties. Our interview guest is Drew Green, CEO of INDOCHINO, who discusses his menswear company’s sustainable growth and continued foray into retail showrooms.
GGP accepts what many see as a lower-end bid from Brookfield, altering the Class-A retail real estate landscape in the U.S. Also, Walgreens continues to struggle in front-of-store, as pharmacy sales pick up, Southeastern Grocers makes their bankruptcy official, and Lululemon beats estimates amid growing demand for women’s exercise apparel. Our interview guests discuss major changes in thrift retail, including what Goodwill is doing to boost e-commerce sales. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
A trio of companies—Walmart, Target, and Macy’s among others—make big announcements at Shoptalk, while FedEx earnings give us further insight on the 2017 holiday shopping season. Also, Five Below accelerates growth plans while boosting their bottom line. Our interview guests are Mark Lange and Jean-Francois Carton of Reputation.com, who discuss methods by which retailers can evaluate their social media presence. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
Retail Focus 3/16/18 – Party City’s Growth; Big Lots’ Margins Expand; American Manufacturing & Retail
We begin with a pair of earnings calls—despite same-store sales declines, Big Lots sees margin growth, and Party City continues to see success in both their retail and manufacturing segments. Additionally, we look at Express’ plan to convert full-line stores to outlets and Ikea’s idea to assemble customer satisfaction. Our interview guest is Racked senior editor Meredith Haggerty, who joins us to talk about her piece connecting U.S. manufacturing with fashion retail. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
We start with positive moves from Target released in their latest earnings call—even if the market doesn’t see them as such. Our news section is rounded out with discussion of rumors that Toys “R” Us may exit the U.S., the Walking Company’s bankruptcy, and Walmart meal kits. Our interview guest is Percolata Founder & CEO Greg Tanaka, who discusses how use of advanced analytics in retail can help companies to more accurately schedule employees. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
We lead our podcast with the news that captured headlines this week: that Kohl’s is partnering with Aldi to fill vacant real estate in reorganized stores. We’ll also discuss new initiatives from Lowe’s (and their earnings), a new material debut from Crocs, and Best Buy’s planned closure of their mobile stores (and lease issues that might make it a less-than-smooth process). Our interview dives into innovations surrounding in-store kiosks in retail. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
Two big stories in retail this week lead off our show: Walmart earnings and the potential sale of Rite Aid to Albertsons. In addition, we look at areas of growth for Sprouts, and why investment in employee training may give them a long-term competitive edge. Our interview guests are Michael Zolot and Jeff Sandler of Brother, who discuss the changing relationship between retailers and printing technology. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
We lead off with a lengthy look at Home Depot and Lowe’s seasonal hiring efforts for the spring, and how they compare historically to endeavors of years’ past. We also discuss a possible Lids sale, GNC, and Chipotle’s new CEO. Our guest is Stratix Chief Solutions Officer Gary Lee, who discusses how retailers can best put mobile solutions in the hands of employees to remove friction for the customer. We’re brought to you by the Internet Retailer Conference and Exhibition; visit irce.com and use the promo code RETAIL18 to get 10% off IRCE 2018 conference passes.
In our news portion, we discuss Amazon’s latest earnings (and other endeavors), Bon-Ton’s bankruptcy, Kroger’s c-store selloff, and Lululemon’s management shakeup. Our first guest is Mike Christenson of Sites USA, who talks about the latest information systems that allow retailers to find the perfect real estate. We’re also joined by Todd Thiesen and Ville Levaniemi of feedback generator HappyOrNot, who discuss their system to collect real-time customer feedback on the retail floor.
Retail Focus 2/2/18 – Super Bowl Sales Projections; Retail Staff Training; the New Era of Cash Drawer
We first dive into the NRF’s new projections for retail sales surrounding the Super Bowl in the U.S. before discussing how Simon’s latest earnings call represents surprising strength in the mall space. Our guests are Carol Leaman, CEO of Axonify (who chats about refining retail staff training) and Stephen D. Bergeron of APG Cash Drawer (who tells us of a new technology that can save retailers time and money on the front end).
In a packed edition, we begin by discussing Procter & Gamble’s attempts to keep up with emerging consumer brands, Amazon’s new location, and 7-Eleven’s big acquisition. Our first interview guest is Charles Jackson, President at shelf-edge technology leader Pricer who discusses adoption of electronic shelf labels. We’re also joined by Jeff Taylor, President of PureChem, who chats about the germ-ridden shopping cart and a technology allowing retailers to keep them clean for their customers.
It’s a star-studded special edition of the Retail Focus Podcast, as we broadcast from various areas at NRF 2018 in New York. Tina Sharkey, CEO of Brandless, is our first guest—she discusses the launch of their direct-to-consumer platform in summer 2017. After a look at the holiday shopping numbers, we’re joined by Jack Kleinhenz, NRF Chief Economist, who talks modeling and retail projections. Finally, Charles Zimmerman, former VP of Design and Construction at Walmart, chats about their partnership with Current to implement LED lighting in 6,000 locations worldwide.
It begins as a podcast of positivity, with Target and Kohl’s both releasing holiday sales updates that outpace most expectations. In addition, Kohl’s looks to repurpose some square footage, Sam’s Club’s reasons for shuttering 63 stores seem suspect, and Five Below displays same-store gains. We also take a deep dive into one state’s retail real estate report, which provides several surprises and also some optimism for brick-and-mortar.
After starting with a note about Walgreens’ most recent earnings call, we launch into our annual year-in-review episode. We count down our rankings of the five most- and least-successful retailers of 2017, and hear from frequent podcast guests about their own lists. In closing, we briefly discuss even more closings for Sears Holdings, and what we see as positive holiday sales numbers for JCPenney.
We begin with the most optimistic retail news of the week: several surveys find that 2017 might be the most robust holiday shopping season in several years. Meanwhile, Home Depot makes one acquisition and eyes another, Kroger continues project rollouts, and Hobby Lobby inks several notable real estate deals. Our guest is BIM Networks CEO Adam Frisch, who discusses who retailers can drive revenue using a payment processing system, all while reducing the burden of swipe fees and processing charges.
After taking a look at some of Bed Bath and Beyond’s seemingly contradictory initiatives, we are joined by Dani Cushion, CMO at Cardlytics, who discusses how their research suggests holiday spend of the last-minute shopper might be larger than meets the eye. Additionally, Justine Santa Cruz of Satisfi Labs joins to discuss Mall of America’s recent A.I. investment, and we glance at the latest surrounding the Toys “R” Us bankruptcy.
The big retail news this week is Target’s agreement to purchase grocery delivery service Shipt, and we discuss the knowns and the yet-unknowns from the deal. C-store giant Casey’s continues to grow despite disappointing earnings, and GGP shoots down a potential acquisition bid. Our guest is Rebecca Herson, VP of Marketing at Anodot, who discusses the costly nature of glitches on e-commerce sites, and ways in which sites can minimize the resulting damage.
Although we begin our show looking at Big Lots’ latest earnings results and finish with Teavana and Duluth news, we spend time glancing at AutoZone’s recent push to expand their megahub program, and how that plus commercial sales may boost future revenue for the company. Our guests on this show are Mark Lange and Bradley Null with Reputation.com, who discuss their recently released study on retail brands’ reputation amongst consumers.