1. RetailWit QuickWit

Daily QuickWit (9/29) – Top Retail News of the Day

Target Deal Days is coming back. As we mentioned yesterday, holiday spending is expected to be big (although, when isn’t it?). Target is looking to capitalize. They’ll also price-match through the end of the year. In short, they’re making it easier for shoppers to engage, taking an omnichannel approach and lowering any “purchase regret” barriers.

Dollar Tree is testing new price points above $1. Dollar Tree is growing aggressively and, beyond just location expansions, appears to be continually investing in alternative or innovative revenue growth. Customer sentiment has told them a greater assortment would be valuable to customers, according to the CEO, and have seen success in similar tests. If you’re not keeping an eye on Dollar Tree, you should be.

Amazon adds benefits to Halo, their wearable health product. They’ve expanded the Prime-like member benefits and added additional integrated features (nutrition and fitness). Big Tech has a rocky track record with the wearable wellness industry (see: Google & Fitbit), but Amazon is innovating with Halo instead of divesting.

Walmart partners with Epic for Healthcare. Essentially, this will unify patient records across their ecosystem. Epic will support Walmart’s health and wellness divisions and be implemented in the new Walmart Health Centers coming to Florida. I’ve heard the healthcare industry described as independent federations, which makes navigating the waters tricky for both consumer or business. This move will be another nudge in making customer’s lives easier.

https://retailwit.com
Do you like RetailWit's articles? Follow on social!
Comments to: Daily QuickWit (9/29) – Top Retail News of the Day