Posts tagged Planet Retail

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INSIGHT: Bidding war erupts over Family Dollar (£) - Planet Retail

Dollar General

Will they or won’t they? For weeks, US retail watchers have been waiting to see whether Dollar General would follow in Dollar Tree’s footsteps and make a competing bid for Family Dollar. Yesterday, we got the answer. Dollar General, long-time market leader in the US small-format value sector, offered to buy Family Dollar, proposing to pay USD78.50 per share in cash for the retailer. The offer tops Dollar Tree’s earlier cash-and-stock bid valued at USD74.50 per share.

by Kelly Tackett
Research Director - US
@tackett_kelly

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INSIGHT: Walmart plays the long game (£) - Planet Retail

Walmart to Go

Walmart officially beat sales expectations in its Q2 release today. Comps at Walmart US were flat (0.0%), as they were at Sam’s Club (0.0%). Even the most mathematically-challenged could work out that meant flat underlying sales for the US business as a whole …read more

by Stephen Springham,
Senior Retail Analyst
@stephenspringha

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INSIGHT: Target Canada: too little too late? (£) - Planet Retail

Target Canada

On the back of leadership changes domestically and in Canada, besieged retailer Target has announced a slate of initiatives to turn around its struggling year-old Canadian operations. According to the company, a comprehensive review of Target Canada’s strategy uncovered three key areas for improvement: improving in-stocks, sharpening pricing and enhancing the merchandise assortment …read more

by Kelly Tackett
Research Director - US
@tackett_kelly

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Change at the top, but not in performance

Read the latest press release from Planet Retail - the world leader in retail information.

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INSIGHT: Interview – Jumia Co-CEO on Nigeria’s e-commerce boom (£) - Planet Retail

Jumia

A growing appetite for online shopping among Nigerian shoppers is prompting a number of retailers and businesses to launch, or at least consider launching, e-commerce services across one of the world’s fast-growing markets. With internet access forecast to rise rapidly in the mid-term - throughout the country, not just in commercial hubs such as Lagos - retailers are looking to get first mover advantage in a market that holds vast yet relatively untapped potential…

by Alex Hamilton
Senior Retail Analyst - E-commerce
@Hamilton_Alex

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INSIGHT: Dairy Farm bets on China (£) - Planet Retail

Yonghui

Hong Kong-based Dairy Farm has forged an alliance with one of mainland China’s fastest-growing retailers, Yonghui. The deal sees Dairy Farm agreeing to invest USD924 million for a near 20% stake in the Fuzhou-based grocer. The new partners will collaborate with immediate effect in a range of operational areas, such as procurement, private label product development, fresh food processing and store development. Planet Retail examines the rationale behind the deal to assess whether it could prove to be a winning formula for both parties.

Matthew Stych

Research Director - Asia-Pacific

@matthew_stych