Today’s Tipsheet: Wmart Gets Apple Watch | Amazon Pulls Hoverboards | Kohl’s Legion
Walmart Retreads Black Friday Deals for Green Monday by Phil Wahba at Fortune. “Green Monday has become the third biggest online spending day of the holiday season, after Cyber Monday…and the day after that. Last year, shoppers spent $1.6 billion on Green Monday, according to comScore, and if sales rise tomorrow at anything like e-commerce’s growth rates for the season so far, we could be looking at a nearly $2 billion day.” Read more
Kohl’s is building a legion of loyal shoppers by Krystina Gustafson at CNBC. “It’s also the first Christmas that its new loyalty program has been rolled out in earnest, with more than 34 million shoppers now enlisted…” Read more
Walmart Becomes the Largest Retailer to Sell Apple Watch by Phil Wahba at Fortune. “Walmart has started selling the Apple Watch on its website, becoming the biggest retailer to carry the popular device. The retailer is selling the watch at only a few select stores at this point, a Walmart spokeswoman told Fortune.” Read more
FTC seeks more info on Walgreens-Rite Aid deal at Reuters. “The FTC’s “second request” for information extends the waiting period required under antitrust rules to 30 days after the companies have provided the information.” Read more
Hudson’s Bay says strong greenback hurting Saks sales: ‘Even our own (employees) with discounts don’t shop in the U.S. anymore’ by Hollie Shaw at Financial Post. Read more
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Walmart’s Everyday Low Prices Face Amazon’s Dynamic Price Push by Kate Kaye at Ad Age. “On Black Friday, for example, around 16% of Amazon’s prices fluctuated from the previous day, according to 360pi…But around 12% of Walmart’s online prices fluctuated…Meanwhile, Target altered only around 5% or less of the product prices tracked for most of the month, including on Black Friday.” Read more
Amazon Is Pulling Hoverboards From Its Store Pending Safety Review by Colin Lecher at The Verge via Recode. Read more
Walmart Accidentally Leaked Some New Star Wars Toys by Jen Wieczner at Fortune. “A Walmart in Council Bluffs, Iowa, put a figurine of the new female character Rey wearing her so-called “resistance outfit” on shelves recently with a price tag of about $7. But when Star Wars collector and host of the podcast Star Wars Action News, Justin Kozisek, purchased the product earlier this week and posted a picture to Facebook, he set off a firestorm.” Read more
Customers Make Amazon #1 in India “Just two and a half years after launching, Amazon.in became the most visited e-commerce site in India in October 2015, according to the global analytics firm comScore.” Read the release
Ikea Canada’s president brings his Swedish values to the workplace by Craig Dowden at Financial Post. “Stefan Sjostrand took over the reins as Ikea Canada’s president in August 2014, after spending eight years working for the company in the Netherlands, Sweden and France…” Read the Q&A
How a Mom-and-Pop Creamery in Brooklyn Became the Official Ice Cream of Star Wars by Angela Dawson at Ad Week. “Disney chairman, CEO and acknowledged ice cream aficionado Bob Iger read an article in The Wall Street Journal last year about the ice cream company, which started with just one shop less than five years ago, and expanded to a second shop and a few kiosks as well as starting up a mail-order component…” Read more
Tipsheet Extra Stories
A School Is Asking Kids to Sing This Walmart-Themed Christmas Song
Sam’s Club CEO takes action if suppliers send her all white male reps
Jet.com CEO Marc Lore Explains Why Fighting Amazon Isn’t a Stupid Idea
This poll captures Amazon’s staggeringly big role in online shopping
Online and other nonstore sales grow 7.3% in November