-
jet.com’s strategic move takes aim at Costco
Walmart’s e-commerce arm is shaking up its private label offerings. Jet.com will increasingly phase out its assortment of Kirkland Signature branded merchandise — Costco’s private label brand. The move is said to help augment efforts among Walmart’s Sam’s Club chain, which is focused on boosting sales among its own store brand, Member’s Mark, according to Bloomberg. -
Survey: Lidl poses big competitive threat
Consumers are very excited about shopping at German discount grocer Lidl — even though they have never set foot inside one of the company's stores before. Lidl's upcoming entry into North Carolina, South Carolina, and Virginia could remove $1 billion in local sales in the medium term, according to a report by global consulting firm Oliver Wyman which surveyed consumers in the three states cited above. It reveals that consumers are overwhelmingly excited about trying Lidl.

