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The Way I See It!

I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.

More Wal-Mart in the News & More

Retail, Wal-Mart

I know it makes the Wal-Mart haters so upset that I post up Wal-Mart news and there will be calls again, that I am a Wal-Mart lover!  I do shop there, and Kmart, Target, Kohl’s the list goes on.  I don’t limit myself for pride reasons, but you can!

 

Hey, I told ShopKo I would fight for them, just like I did for Sendik’s Food Market

 – I can see it now; I am a Sendik’s Food Market lover!  After all, I did say I would love it if they came to Cudahy!

 

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From: Randy Hollenbeck

Sent: Tuesday, February 02, 2010 9:09 PM

To: esendiks

Subject: Cudahy

 

I would like to know if you ever thought of coming to Cudahy.  Has anyone for the City of Cudahy ever contacted you to coming to Cudahy?

 

I would love it if you did and I am sure many Cudahy residents would as well.

 

Randy Hollenbeck

 

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Dear Randy,

 

Thank you very much for your message.  We appreciate the fact that you took the time to write us and are flattered by your request.  Cudahy is a great community and though we have no current plans we hope to have store there in the future.

 

Sincerely,

 

Ted Balistreri

 

Sendik’s Food Market

 

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This cannot be good.  Why would Johnson Controls want to subjective themselves to Wal-Mart and its mean spirited control over costs and pricing?

 

Johnson Controls selected as sole battery supplier to Wal-Mart

 

Johnson Controls has been named the single supplier of automotive and related batteries for Wal-Mart stores in the United States, a move that sent the shares of a key competitor reeling Wednesday.

 

The Glendale-based power solutions business is already the biggest manufacturer of aftermarket car batteries in the world, but it will expand production at a variety of plants in the coming months to ship "a few million" more batteries, said Alex Molinaroli, president of the Johnson Controls power solutions.

 

"It's a substantial order, and it's the largest single order that's even available in the marketplace," he said.  "This is a big deal.  When you think about our employees here and having a win like this at a time when no market's really growing, this is great."

 

Shares of Johnson Controls' key competitor in the aftermarket business, Exide Technologies, fell Wednesday after Exide disclosed that it would no longer be supplying batteries to Wal-Mart.

 

"Wal-Mart purchases currently represent a significant portion" of the company's $238.8 million in sales in its transportation segment in the Americas, Milton, Ga.-based Exide said in a filing with securities regulators.  "The company is actively pursuing other sales opportunities in an effort to minimize the impact of this decision on future revenues."

 

Exide Technologies shares closed down 23% at $6.08, down $1.84.  Johnson Controls shares were up 2%, or 63 cents, at $29.65.

 

Johnson Controls has been supplying 60% of the Wal-Mart brand batteries sold in stores across the country, but that will ramp up to 100% by the end of September.  It includes not only car batteries but batteries used in lawn and garden equipment, motorcycles and boats.

Source and Full Story: JSONLINE

 

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Wal-Mart, Target seek big returns in small stores

 

U.S. big box retailers are trying to slim down.

 

Retailers like Target Corp and Wal-Mart Stores Inc have expanded since the late 1980s by opening stores as large as three U.S. football fields.

 

In the last few years, they began to plan for smaller stores that fit in urban markets.  That strategy is gaining urgency now as retailers look for new growth and seek to meet the demands of a shopper looking to buy and spend less.

 

Target and Wal-Mart have both told analysts they are creating smaller stores that could fit in the heart of densely packed cities where they have no presence.  But analysts warn that creating a small store doesn't just mean shrinking a big one.

 

Big box retailers need to whittle their merchandise to suit shoppers who live in smaller spaces, use public transportation and prefer eating at coffee tables to large dining sets.

 

Success on a small scale does not come easy.

 

Wal-Mart opened convenience-sized grocery stores called Marketside in 2008.  But the concept is on hold, and its website touts Marketside branded food and not the four-store chain.

 

Wal-Mart also faces opposition, especially from unions, to entering many cities. Questrom expects that will dissipate in the next decade as consumers, accustomed to finding these stores in the suburbs, expect to see them in cities.

 

The two retailers will need to follow different approaches in seeking small store success, analysts said.  Wal-Mart might focus on necessities, like financial services or food, that shoppers buy frequently, while Target will need to recreate the "treasure hunt" shoppers have come to expect in its stores.

 

"Wal-Mart is much better at replenishment" shopping, said Nicholas.  "Target is .. better at, 'Hey look what I found today, I found this new designer.’  It's more of a discretionary trip."

 

Either way, analysts said small stores will be crucial.

 

"The trend toward small box retailing makes all the sense in the world," Nicholas said.  "It lines up with demographic trends, it lines up with how people want to shop."

 

Source and Full Story: Reuters

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