Tipsheet: B.Buy Titan Dies | RH -18% | Amazon Exec Secret | H.Dep #28 Reputation
NO SECRETS – Amazon exec shares secrets of company’s culture, tries unsuccessfully to keep his talk secret by Taylor Soper at GeekWire. “Amazon offered a rare glimpse inside its culture on Tuesday at an entrepreneurship conference in Seattle — but also asked more than 600 attendees to keep the information shared by high-ranking executive Steve Kessel to themselves. As you can see from the tweets, there’s no such thing as secrecy in the age of smartphones and social media, especially when someone is talking to a crowd.” Read more
Restoration Hardware’s Q4 Comp Brand Revenue -18% Press release
Macy’s CEO talks to Cincy media by Andy Brownfield at Cincinnati Business Courier. “Obviously with the internet, you need fewer stores, and when you look at how much square footage is available in American retail, you can see Macy’s is one of the leaders in saying, ‘You know what, let’s size this down.'” Gennette said.” Read more
Reputation Institute: Top 100 Reputations in the U.S. (Amazon #2, H.Depot #28, Kroger #54, Costco #96) Top 10 list/Download top 100 list
OLD NEWS – Amazon finally unveils grocery pickup service by Todd Bishop & Nat Levy at GeekWire. “Amazon this morning confirmed what we’ve been reporting since last year: The technology giant is opening grocery pickup locations starting at two Seattle sites…For now…it’s available only to Amazon employees as part of an internal beta. Once it launches publicly, however, Amazon says the service will be available to Amazon Prime members at no extra charge.” Read more
Former Best Buy Music Titan Gary Arnold Dies by Alan Wolf at Twice. “Joe Satriani wrote: “We lost our good friend Gary Arnold today. He signed Chickenfoot to Best Buy and became an honorary member of The Foot because he was such a wonderful force of nature and an amazing person. Cancer finally took him down, all 6’ 8” of him. We lovingly called him Darth Vader, and The Big Man. We will miss him.” Read more
Instagram Killed the Retail Store by Ian Frisch at Bloomberg. “Urban Outfitters Inc. made an offer: It wanted almost 10,000 hats—more than 10 times the volume Millinsky was dealing with at the time. He brushed off the company. “It would have killed the underground aspect of the brand,” he says. In September, Urban repeated its offer. Was he interested? “I told them my definitive answer,” he says. “It was simple: No.” Read more
MILK WAR – Gallon of milk down to $1.09 in Toledo by Jon Chavez at Toledo Blaze. Read more
For Bass Pro’s WOW aquarium, another opening date comes and goes by Wes Johnson at Springfield News-Leader. “We would have the museum open by now but have been busy with the sinkhole.” Morris said. He was referring to the massive excavation of the sinkhole that opened up on the golf course two years ago. Morris is hoping to find a passageway between the bottom of the sinkhole and a large cave on his property nearby.” Read more
**A message from the Las Vegas Souvenir & Resort Gift Show – get ready for the nation’s largest souvenir show! We bring together 1,300+ booths filled with the latest introductions from every major souvenir and resort supplier, plus countless new resources. New for 2017, the show welcomes a Native American Pavilion, even more made in America products, new Boardwalk section and a special spotlight on Gourmet gifts. Look for new events and educational offerings, too . September 13-16, 2017. Register Now | Exhibitor List
Kroger Launches New Kroger Stories Website @ www.krogerstories.com Press release
Australia: Woolworths warns prices will rise on surging electricity costs by Madeleine Heffernan at Sydney Morning Herald. Read more
Brazilian mayor takes issue with Amazon.com in graffiti debate by Brad Haynes at Reuters. “I watched Amazon’s commercial using the image of Sao Paulo to sell its products,” Doria wrote in a response on Facebook, challenging the online retailer to donate books to city schools. “There are many ways for Amazon to act as a true citizen rather than an opportunist.” Read more
Worst May Be Over in Brazil Meat Scandal as Trade Curbs Lifted at Bloomberg. “Having been shut out of some of its most important markets, Brazilian meat companies have regained access to most of them in recent days. Hong Kong, the largest destination for Brazilian beef, was the latest to ease restrictions.” Read more
At Home Debuts First Ever National TV Advertising Campaign Read the release
Macy’s Chairman once brought Anna Wintour to Queens by Tashara Jones at NY Post. “Terry Lundgren recounted the time he persuaded Vogue editor Anna Wintour to come to Queens…I looked at Anna and I said, ‘I bet this is the first time that you have been in Queens,’ and Anna said, ‘I have been to Queens before,’ and I said, ‘Not this part of Queens.’” Read more
Woman posing as Target worker casually makes off with $40,000 worth of iPhones at Daily Mail. Video/Pics/Read more
“THIS IS UNACCEPTABLE” – Apple Retail Architect Reveals What It Was Like Working with Steve Jobs at Fortune. 3:30 video
Barbecue dry rub school project turns into fully functioning business for 14-year-old by Joe Rubino at Denver Post. “Emily Rudnick remembers vividly the first time she and her dad mixed up a batch of the sneakily hot spice that bears her family name…“We took them home and we mixed them up in our Kitchenaid and it did not go well,” the 14-year-old said. “We had to leave the house for the day and leave all the doors open.” Read more
Tipsheet Extra Stories
Jewelry restorer ‘proves’ that Tiffany, etc. overcharge by 330% for ‘identical’ stones sold in Costco
Two Regular Dads At Home Depot Rap About Suburban Dad Life
LA Burglary Wave Hits Another Celeb (Instagram connection?)
Yeti sues more competitors over ‘confusingly similar’ coolers
Pink Floyd’s ‘Dark Side of the Moon’ Recording Console Sells for $1.8M
Woman catches man recording her in Macy’s fitting room
Here’s all the new stuff in Apple’s latest security document
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