VMSD - October 2016 - 22
SECTOR SPOTLIGHT: MASS MERCHANDISER TRENDS
Retail giants Walmart and Target try to survive as consumers flock to a
whole new way of shopping for mass merchandise.
By Steve Kaufman, Contributing Writer
In August 2016, the retail and investment
worlds paused for the second-quarter financial reports from the
country's two largest mass merchandisers.
On consecutive summer days, Walmart Stores (Bentonville,
Ark.) exceeded Wall Street expectations, and the day prior, Target Corp. (Minneapolis) reinforced analysts' fears that it's still
struggling.
Target reported a same-store sales drop of 1.1 percent and
a total sales decline of 7 percent, and lowered its projections
for the year. The following day, Walmart reported a same-store
sales gain of 1.6 percent and a revenue gain of 0.5 percent.
22
OCTOBER 2016
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VMSD.COM
In terms of online sales, both continue to lag far behind
Amazon (Seattle). eMarketer, a market research company that
tracks digital commerce, reported that Walmart recorded $12.5
billion in online sales in the past year in the U.S., and Target
earned roughly $650 million, while Amazon pulled in a whopping $82.8 billion by comparison.
Walmart said it plans to spend $900 million on its e-commerce operations this year and $1.1 billion next year, and just
spent $3.3 billion to acquire Jet.com, a Hoboken, N.J.-based
online sales fulfillment company. Target said it's currently
investing $1.3 billion to ramp up its IT infrastructure and distri-
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Table of Contents for the Digital Edition of VMSD - October 2016
Vmsd - October 2016
Contents
From the Editor
Vmsd Editorial Advisory Board
The Goods
Next Store
Mexico City’s Iron Palace
Battle of the Behemoths
Big Bang
Remaining Relevant to a Disruptive Audience
Hello, Cleveland!
Showroom
Showroom
Ad Index
Checking Out
VMSD - October 2016 - Intro
VMSD - October 2016 - BB1
VMSD - October 2016 - BB2
VMSD - October 2016 - Vmsd - October 2016
VMSD - October 2016 - Cover2
VMSD - October 2016 - 1
VMSD - October 2016 - Contents
VMSD - October 2016 - 3
VMSD - October 2016 - From the Editor
VMSD - October 2016 - 5
VMSD - October 2016 - Vmsd Editorial Advisory Board
VMSD - October 2016 - 7
VMSD - October 2016 - The Goods
VMSD - October 2016 - 9
VMSD - October 2016 - 10
VMSD - October 2016 - 11
VMSD - October 2016 - 12
VMSD - October 2016 - 13
VMSD - October 2016 - Next Store
VMSD - October 2016 - 15
VMSD - October 2016 - 16
VMSD - October 2016 - 17
VMSD - October 2016 - 18
VMSD - October 2016 - Mexico City’s Iron Palace
VMSD - October 2016 - 20
VMSD - October 2016 - 21
VMSD - October 2016 - Battle of the Behemoths
VMSD - October 2016 - 23
VMSD - October 2016 - 24
VMSD - October 2016 - 25
VMSD - October 2016 - Big Bang
VMSD - October 2016 - 27
VMSD - October 2016 - 28
VMSD - October 2016 - 29
VMSD - October 2016 - Remaining Relevant to a Disruptive Audience
VMSD - October 2016 - 31
VMSD - October 2016 - 32
VMSD - October 2016 - 33
VMSD - October 2016 - Hello, Cleveland!
VMSD - October 2016 - 35
VMSD - October 2016 - 36
VMSD - October 2016 - 37
VMSD - October 2016 - 38
VMSD - October 2016 - 39
VMSD - October 2016 - 40
VMSD - October 2016 - Showroom
VMSD - October 2016 - 42
VMSD - October 2016 - 43
VMSD - October 2016 - 44
VMSD - October 2016 - 45
VMSD - October 2016 - 46
VMSD - October 2016 - Showroom
VMSD - October 2016 - 48
VMSD - October 2016 - 49
VMSD - October 2016 - 50
VMSD - October 2016 - 51
VMSD - October 2016 - 52
VMSD - October 2016 - 53
VMSD - October 2016 - Ad Index
VMSD - October 2016 - 55
VMSD - October 2016 - Checking Out
VMSD - October 2016 - Cover3
VMSD - October 2016 - Cover4
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