Tuesday Tipsheet: Walter White @ Toys ‘R’ Us | H.Depot’s Powers EVP Stores | Sears Clerk Swipes $3.7 Mil

 

“Parents outraged as U.S. Toys ‘R’ Us sells ‘crystal meth’ Breaking Bad dolls” by Rosa Prince at The Telegraph via Vancouver Sun. “Parents took to the toy giant’s Facebook page to say that they did not want their teenagers to be exposed to drug dealing even at the age of 15. One wrote: “Nothing says toys for kids like an action figure with a bag of crystal meth. I can’t wait for my 15 year to grow up like that.” Another added: “A new low . . . Breaking Bad toys? Come on! Pull them and be done with this nonsense and have just a morsel of common sense and decency.” Read more

 

…See the Walter White action figure with bag of meth via Gawker.  See the pic

 

“Wal-Mart Compliance Chief Looking Beyond the Scandals” by Sue Reisinger at Corporate Counsel. “Daniel Trujillo likes to tell the story of visiting Walmart stores when he was first hired to learn more about the retailing business. Trujillo visited one site around Valentines Day that had bought exactly 433 balloons, and seldom returned any product to suppliers. How do you know how many to buy, he asked. By studying 10 different data points on balloon sales, they replied. And he knew he and Walmart International were a match made in heaven.” Read more

 

“Home Depot Names Marc Powers EVP, U.S. Stores” “As EVP – U.S. Stores, Powers will assume responsibilities for the company’s three U.S. operating divisions, as well as Pro, Tool Rental and the company’s installation business.” Read the release

 

“New Home Depot CEO Menear gets $1.3M annual salary” at Atlanta Bus. Chronicle. “Menear, who takes the reins Nov. 1, also has the opportunity to earn a bonus of 200 percent his salary for hitting certain financial targets. And he gets $3.5 million in stock options.” Read more

 

“Sears leasing space to raise much-needed cash” by James Covert at NY Post. “Primark Stores — a British-based low-price clothing chain that’s expanding into the US — will lease space at seven Sears locations in the Northeast, the companies said Monday.” Read more

 

“Why Neiman Marcus picked a New York neighborhood” by Maria Halkias at Dallas News. “The neighborhood used to be known for its rough tenements, and some people still consider the blocks around the Javits Center between the Hell’s Kitchen and Chelsea neighborhoods unattractive. Here’s why the smart folks at Neiman Marcus picked the location…” Read more

 

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“CVS Plays Hardball With Rival Drug Chains” by Ed Silverman & Paul Ziobro at WSJ. “The plan, offered by CVS’s pharmacy benefits unit Caremark, features copayments that are up to $15 higher on prescriptions filled where tobacco is sold. That could give people covered by such plans an incentive to buy their medications at CVS, which stopped selling tobacco products last month.” Read more (Subscription)

 

“Sears clerk arrested for swiping nearly $4 million” in items at CNBC. “New Jersey police charged one lone Sears clerk for stealing —and then trying to sell —$3.7 million worth of goods from a warehouse, The Daily Mail reported on Monday.” Read more

 

“A list of larger merchants taking Apple Pay” at AP via Star-Tribune. “More than 200,000 payment locations in the U.S. are equipped to accept so-called contactless payments, including Apple Pay. Smaller merchants tend to be among the several millions that don’t have the required equipment yet.” See the list

 

“Staples probes possible payment card data security breach” at Fortune. “The office-supply retailer disclosed the investigation after security reporter Brian Krebs reported on his blog Krebsonsecurity.com that several banks have identified a pattern of payment card fraud suggesting that several Staples stores in northeastern United States had succumbed to a data breach.” Read more

 

“America says no to cappuccino-flavored potato chips” by Candice Choi at AP via Star-Tribune. “As for the cappuccino flavor — which was described as “NASTY” and “gross” in some comments on Lay’s Facebook page — Krishnan defended its performance, although he wouldn’t say how many votes it got. “The fact that it made it out of our selection process to make it to the final four is no small feat,” he said.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s happening in the world of retail. Contact us @ info@shiftmarketinggroup.net.

Monday Tipsheet: Target’s ‘Navel Gazing’ | H.Depot’s SEO Mgr. | Top 25 in Solar

 

Jeff Jones: “Target’s Target No Longer Just The “White Suburban Mom” by Suzanne Vranica at WSJ. “During a 45-minute presentation to hundreds of marketers attending the “Masters of Marketing” conference taking place in Orlando, Target CMO Jeff Jones gave a honest assessment of Target’s recent woes.” Read more (Subscription)

 

“How Target Used Data Breach to Shake Up Its Brand” by Natalie Zmuda at Ad Age. “Don’t let a crisis force you to take stock of your brand assets,” Jeff Jones said. “Don’t get caught navel gazing like we did. … If you just respond, you will be too late.” Read more

 

“Home Depot’s SEO Manager Erin Everhart Talks Strategy” by Leah Betancourt at Business 2 Community. “When I’m thinking about my 2015 SEO plans, I don’t think in terms of most searched keywords to focus on. I start first with the company’s biggest sellers and highest profit margins. Once I know that, I look to see how they’re performing in organic search.” Read more

 

“Wal-Mart de Mexico CEO to step down at year-end” at The City Wire. “Walmex CEO Scot Rank, who has overseen Wal-Mart’s Mexican business unit for five years will step down from that role at the end of this year.Rank will assume a position as vice-chairman of Wal-Mex effective Jan. 1, 2015.” Read more

 

“Big Box Retail’s Top 25 in Solar Power” by Caroline Winter at Businessweek. “Leading the pack by a significant margin: Wal-Mart Stores. The retail giant produced 105 megawatts of power last year at 254 locations in the U.S. Eight of the top 13 companies identified in the solar-power study are big-box retailers, including Costco, Macy’s, Kohl’s, and Bed Bath & Beyond.” See the Top 25 List

 

“Whole Foods Launches First-Ever National Brand Campaign” “Whole Foods Market has been subtly telling our story for decades, and now is the time to overtly communicate what we’ve spent more than 35 years creating as change agents in the food world,” Jeannine D’Addario said.” Read the release

 

“How Zulily Hopes to Outmaneuver Amazon, Target & Walmart” by Jennifer Alsever at Fortune. “The photo project is one of 60 to 80 different big data projects going on at once at the company, and despite more than 1,700 employees, teams rarely surpass four to six people. Standup meetings may last less than 10 minutes, operating on what’s known as “Zulily time.” “If we get more than 10 people in the room, we’re asking ourselves why,” says Luke Friang, the company’s chief information officer.” Read more

 

“Canadian retailers expected to face tough holiday season” by Marina Strauss at Globe & Mail. “The market is tough and challenging,” said Diane Brisebois, president of the trade group Retail Council of Canada. “It’s tough because it’s one of the few sectors where every time you turn around there’s a new competitor.” Read more

 

“Ex-CFOs Defamation Suit Shows Walgreen in Tumult” by Paul Ziobro at WSJ. “Let’s push for a 6.00 somehow,” Mr. Wasson says in a text on June 11 that the suit says refers to an earnings forecast of at least $6 a share. “I don’t think there is any way we could ensure that. Getting a 5 is a miracle,” Mr. Miquelon replied in another text that appears to be redacted in part. “No choice,” Mr. Wasson responded, also by text. “Need a 6. We’ll find a way.” Read more (Subscription)

 

“Seeking: Millenial Mallrats Who Tweet” by Uptin Saiidi at CNBC. “Simon recently commissioned a study with Russell Research, an independent survey of more than one thousand respondents, which found that 89 percent of millennials are likely to go to the mall this holiday season, compared to 71 percent of seniors and 83 percent of the general respondents.” Read more

 

“The top 10 Dilbert cartoons, according to creator Scott Adams” by Jenna Goudreau at Business Insider. “Exclusively for Business Insider, Adams looked through the archives and shared his 10 favorite Dilbert comics. Below, he explains why he chose each and counts them down to his absolute favorite of all-time.” See the Top 10

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.  e: info@shiftmarketinggroup.net

Friday Tipsheet: Former Wgreen CFO Sues | Break in H.Depot Breach Case? | Prep for Clorox

 

“Former Walgreen CFO sues company for defamation over forecast error” at Chicago Tribune. “Former Walgreen Co. Chief Financial Officer Wade Miquelon sued the drugstore operator on Thursday, alleging company executives defamed him in news reports that blamed him for errors in its earnings forecast. Miquelon sued Walgreen in a state court in Chicago claiming that Chief Executive Officer Gregory Wasson and director Stefano Pessina, the company’s biggest shareholder, had made “false and disparaging” comments about him in a report by the Wall Street Journal, court documents showed.” Read more

 

“Traffic Stop Near Houston May be Break in Home Depot Data Breach Case” at ABC 13 News. “During a search of their vehicles, police found criminal devices that, after a preliminary investigation, were determined to be related to the Home Depot data breach…The Patton Village police chief said he can’t give out any more information but is planning on a press conference later next week.” See the video / Read more

 

“I Tried It: Kroger’s online ordering and pickup service” by Steve Watkins at Cincinnati Bus. Courier. “The service costs $4.95 per order, although it’s waived for first-time users. “As it is now, I don’t think it would be worth the time and energy to use it,” Robin said after we completed the process. “I wouldn’t pay to use it. I could see some benefits if you were in a hurry and knew exactly what you wanted, but I like to browse in the store and see my options, and sometimes I don’t know what I want.” Read more

 

“eBay’s Same-Day Delivery Experiment Is Essentially Dead” by Jason Del Rey at Recode. “On yesterday’s earnings call with analysts, eBay’s CEO John Donahoe was asked for an update on the eBay Now service, which lets shoppers order goods from local big-box stores via an app and get the goods delivered to them that very day. “There is an enormous amount of money that’s going to be spent in same-day delivery, and I don’t think that’s going to be — that’s not essential to our core, target consumer,” Donahoe said.” Read more

 

“AmazonFresh makes East Coast debut in Brooklyn Friday” by Jay Greene at Seattle Times. “The New York version of Fresh will be available initially in Park Slope, a well-to-do, family-friendly neighborhood. The company said it plans to expand to other Brooklyn neighborhoods “soon.” Read more

 

Fox Business: “Christmas Comes Early for Hunting Retailers” by Matthew Rocco. “Current food trends may be contributing to the increase. Curcuruto noted how the popularity of organic and natural foods is driving a wider group of people to the woods. After all, free-range meat is sold at a premium in grocery stores.” Read more

 

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“America’s Ebola Preppers Go Shopping for Clorox” by Claire Suddath at Businessweek. “According to both the CDC and the Association for Professionals in Infection Control & Epidemiology, only hospital-grade, EPA-approved cleaners should be used on areas contaminated with Ebola. Surprisingly, that includes some household products made from companies such as Lysol and Clorox. Lysol has updated its website with a flashy graphic and easy-to-find information about its products’ effectiveness against Ebola.” Read more

 

….Clorox Sales Jump 28% in Last  Four Weeks by Jack Neff at Ad Age. “Hand sanitizer sales were up nearly 8% for the four weeks ended Sept. 7, according to retail data from IRI, a reversal from a 2% decline for the 52 weeks ending then and better than the declines or low-single-digit increases seen for other types of soap.” Read more

 

“Amazon.ca sells four times as much as its biggest online rivals in Canada” by Hollie Shaw at Financial Post. “The report from BMO Capital Markets estimates the Seattle-based online shopping giant captures up to 7% of Canada’s $21.6-billion in e-commerce sales, a vastly bigger market share than other retailers who sell online, and more than four times larger than the next-in-line players, Costco.ca (1.6%) and Walmart.ca (1.5%).” Read more

 

Washington Post: “Why the poor pay $4,150 for a $1,500 sofa” by Chico Harlan. “She couldn’t buy via a layaway plan; Wal-Mart offers that option only during the holiday season. Perhaps she could have saved up the money on her own, but whenever she has tried to do so, her stash has been wiped out to handle daily needs. “Rent-to-own was basically all we could do,” Abbott, 33, said.” Read more

 

“Dollar General Coughs Up $4M To End Background Check Suit” by Aebra Coe at Law 360. “Discount retail chain Dollar General has agreed to pay $4 million to settle a proposed class action claiming it didn’t properly notify more than 200,000 job applicants they would be screened by background checks, a Virginia federal court filing revealed Wednesday.” Read more (Subscription)

 

HuffPo: “Walmart Yanks Ammo From Shelves Of Stores Near Ferguson” by Alexander C. Kaufman. “If there is a history of violence and looting and other activity that are going on or things that are putting associates and customers at risk — then yes, decisions can be made based on those circumstances,” Walmart spokesman Brian Nick told KMOV.” Read more

 

“Family Dollar CEO Howard Levine eligible for $6.4M in compensation this fiscal year” by Jennifer Thomas at Charlotte Bus. Journal. “The plan includes provisions tied to termination or change in control of the company — which would be significant as Family Dollar is slated to be acquired by Dollar Tree Inc. in a transaction valued at $8.5 billion.” Read more

 

NY Times: “Walmart Workers Demand $15 Wage in Several Protests” by Hiroko Tabuchi & Steven Greenhouse. “On Thursday, organizers of a group called Our Walmart took to the streets in New York, Washington and Phoenix to draw attention to their campaign to change labor practices in retailing and other low-wage industries like fast-food restaurants.” Read more

 

“Whole Foods CEO to Baltimore crowd: Big business doesn’t have to be hated” by Sarah Meehan at Baltimore Bus. Journal. “Business is hated,” he said during a lecture at Loyola University of Maryland on Wednesday evening. But, he added, it doesn’t have to be that way.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.

 

Thursday Tipsheet: Wmart ‘Humbled’, ‘Cut Muscle’ | Costco/Alibaba Took 1 Yr | Amazon Adds 80K

 

“Wal-Mart to add two online fulfillment centers, build fewer supercenters” by Kim Souza at The City Wire. “The new centers will be located in Bethlehem, Penn., and Atlanta, and each will be approximately 1.2 million square feet…Spending on traditional brick and mortar stores has been trimmed by nearly $500 million this year to $11.5 billion. Next year Wal-Mart said it plans to spend between $10.4 billion and $11.4 billion, a reduction of another $600 million.” Read more

 

“Walmart U.S. CEO: “We have cut muscle instead of fat.” by Kim Souza at The City Wire. “I have gotten some 3,000 emails around 260 a day from my teams in the field. I can sense new energy because they have a voice they want to share and I have learned tons,” Foran said. “It’s been an unvarnished appraisal, a diagnostic review of our business from Springfield to Dallas, Atlanta to Grand Rapids and Detroit this past Sunday.” Read more

 

“The Humbling of Wal-Mart: ‘There Is No Excuse for Us Not to Be Doing Better'” by Susan Berfield at Bloomberg. “McMillon said Wal-Mart still has problems keeping the right items in stock and helping customers get through checkout lines quickly. “We cannot let the competition beat us on price,” …Greg Foran, head of U.S. stores, also noted that in some places, Wal-Mart wasn’t offering the lowest prices.” Read more

 

“Walmart will accelerate investments in e-commerce and moderate global square footage growth” Read the release

 

“Walmart CEO Outlines Growth Strategy” Read the release

 

“Costco-Alibaba partnership was a year in the making, CFO says” by Rachel Lerman at Puget Sound Bus. Journal. “Costco is selling about 100 products on Alibaba’s TMall platform, Galanti said. It’s mostly food, health and beauty items. “Hopefully, if it works, we’ll continue to add products,” (Richard Galanti) said.” Read more

 

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“Best Buy bets on Intel pop-up stores to drive traffic” by Kavita Kumar at Star-Tribune. “As it looks to bolster its reputation for technological expertise, Best Buy Co. Inc. has teamed up with Intel Corp. to showcase concepts such as augmented reality and 3-D printing that are not yet in the mass market.” Read more

 

“Sears Canada Names Boire Acting CEO” by Lauren-Coleman Lochner at Bloomberg “Boire spent the earlier part of his career in the consumer electronics business, working for Sony Electronics Inc. for 17 years in various roles and then moved to Best Buy Co. as general merchandise manager.” Read more

 

“Amazon Creating 80,000 Seasonal Jobs at Fulfillment Centers” “Amazon now has more than 50 fulfillment centers in the U.S. and will have more than 15 sortation centers by the end of 2014. The new network of sortation centers is fueling a range of innovations like Sunday delivery.” Read the release

 

“Buffett sells off ‘huge mistake’ Tesco” by Catherine Boyle at CNBC. “Berkshire, which used to own close to 5 percent…now holds less than 3 percent, according to a stock market filing on Thursday.” Read more

 

“Issaquah council OKs Costco headquarters expansion” at KOMO News. “The Issaquah City Council approved a 30-year agreement Monday with Costco that will allow the warehouse store chain to expand its headquarters as needed in the future.” Read more

 

“Retailers pass on Google Express” by Shalene Gupta at Fortune. “American Eagle Outfitters, Office Depot, and grocery store chain Lucky no longer want to hitch a ride…While Target is one of the retailers signed up for Google Express, it is not planning to expand into Google Express’s new cities…“Target has taken a test-and-learn approach with Google Express,” Eddie Baeb, a Target spokesperson.” Read more

 

“Westlake Ace Hardware will close its KC distribution center” at Kansas City Star. “Westlake Ace Hardware said it plans to close its Lenexa distribution center by July 31, 2015. The 265,000-square-foot facility, which also houses the company’s headquarters, is at 14000 Marshall Drive. Westlake said its executive operations will remain at the Lenexa location.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.

 

 

 

Wednesday Tipsheet: D.Gen. = Lowest Prices | Amazon Opens 2 in CA | Seattle’s “Am-holes”

 

“Amazon Will Open Two Pop-Up Stores in CA Next Week” by Alice Truong at Fast Company. “Amazon confirmed Tuesday that it is opening up pop-up stores in San Francisco and Sacramento, California, next week for the holiday shopping season. The pop-up stores will carry Amazon-branded e-readers, tablets, smartphones, andstreaming media players. “While customers can already see our products online and at retailers like Best Buy and Staples, we wanted to provide another option to try out our full lineup leading into the holidays,” a representative told Fast Company.” Read more

 

Kantar:  And the Retailer with the Lowest Prices is...by Courtney Reagan at CNBC. “Dollar General widened its lead over behemoth Wal-Mart—which ranked second—with an overall basket price that came in 2.5 percent lower…Target‘s prices were the least competitive of the six stores studied, with a basket that was 52 percent more expensive than Dollar General’s.” See the price comparison chart

 

“Whole Foods to Rate Its Produce and Flowers for Environmental Impact” by Stephanie Strom at NY Times. “The upscale grocery chain will rate the produce of suppliers electing to participate in the program, Responsibly Grown, as “good,” “better,” or “best,” depending on, for example, how they handle plastic waste in their operations and whether they provide conservation areas to foster bees, butterflies and other pollinators.” Read more

 

“Amazon’s Company Town? The retail behemoth feels at home in Seattle. But the city’s not so sure.” by Nicole Brodeur at Politico. “It was as if one day, Seattle woke up to find that 30,000 new neighbors had moved in, with all the attendant headaches you can imagine: traffic jams, housing shortages and soaring rents. There’s a new, laissez-faire working culture of dressing down and dogs at your desk. Buses are so loaded with so-called “Am-holes” that they rush past stops.” Read more

 

“Target Takes Trick-or-Treating to Instagram” by Ashley Rodriguez at Ad Age. “The retailer is transforming users’ Instagram feeds into “Halloween Hills,” a virtual neighborhood made up of taggable images that are displayed together. Each image has two homes – a trick and a treat – that take users to different profiles when they’re tapped.” Read more

 

“Marvin Ellison gets $4M signing bonus to be J.C. Penney’s next CEO” by Danielle Abril at Dallas Bus. Journal. “In addition to his signing bonus, Ellison will also be paid a $1.3 million base salary, compared to Ullman, who had a base salary of $810,606 in fiscal 2013. The pay package also includes a performance-based annual bonus, which could be up to 300 percent his base salary or an additional $3.9 million for 2015.” Read more

 

“Giant Eagle to close 61 of its 100 in-store child care centers” by Teresa Lindeman at Pittsburgh Post Gazette. “The gradual decline in customer usage was a factor in this more regionalized strategy,” said Dick Roberts, a spokesman for Giant Eagle. The activity centers give parents of children ages 3 to 9 a place to hang out for as long as two hours while families are shopping in the store. The first Eagle’s Nest opened 21 years ago, Mr. Roberts said.” Read more

 

“Alipay to U.S. Retailers: Let Us Be Your One-Stop Shop for Selling Into China” by Jason Del Rey at Recode. “The move underscores the increasing appetite among Chinese shoppers for Western clothing and beauty brands, and the race to profit off of that interest by Chinese internet companies and U.S. retailers alike. If Alipay is successful, it could also develop into a competitor to companies such as Borderfree that help U.S. companies sells goods overseas.” Read more

 

“World’s 2nd-Biggest Retailer Faces ‘Operational Paralysis’ As Execs Have Laptops Confiscated” by Jim Edwards at Business Insider. “We believe the investigation requires all commercial department personnel to hand over communication systems (laptops) to be interrogated and all supplier meetings to be postponed.” Read more

 

“Kroger nabs P&G ecommerce exec for new senior role” by Alexander Coolidge at Cincinnati.com. “The Cincinnati-based supermarket chain tapped Alex Tosolini, currently a senior vice president of global ecommerce at P&G, to become Kroger’s first-ever senior vice president of new business development, effective Nov. 3.” Read more

 

“Wal-Mart to offer digital movie access to customers” at Reuters. “About 800 movies available at Walmart stores and 1,100 on walmart.com will be a part of the program at the launch, the company said.” Read more

 

“Nordstrom seeking space for a second Manhattan store, brokers say” by David M. Levitt at Seattle Times. “Executives of the department store chain have approached landlords of South Street Seaport and 1 Wall St. “and maybe one or two others,” Richard Hodos, an executive vice president at CBRE, said today at a briefing for reporters on New York’s commercial real estate market.” Read more

 

“Wal-Mart building giant ecommerce center near Atlanta airport” by Douglas Sams at Atlanta Bus. Chronicle. “The project, known in real estate development circles for weeks, is expected to be announced by Gov. Nathan Deal’s office as early as (today).” Read more

 

“Retail jobs are often perceived as lousy jobs. The industry is fighting to change that.” by Sarah Halzack at Washington Post. “During a campaign it has dubbed Retail Jobs Week, NRF is set to release research that it says will demonstrate the impact of the industry’s jobs on state and regional economies. It will release a study from the University of Georgia on Wednesday that found that retail wages are “highly competitive” with those in other sectors.” Read more

 

“Amazon jumps out to lead in Canada’s online shopping wars” by Jamie Sturgeon at Global News. “Amazon.ca, the Canadian arm the U.S. online retail behemoth, is attracting roughly five million Canadian shoppers to its website a month, a new report on Tuesday said. That’s a sharp increase in the last year that’s helped double the amount of e-commerce business Amazon is winning in Canada.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.

Tuesday Tipsheet: Marvin Ellison Congrats | Costco in China | Dick’s Adding 4

 

Home Depot’s Marvin Ellison Leaves for J.C. Penney:

 

“I couldn’t pass it up” by Maria Halkias at Dallas Star. “Ellison, 49, will start Nov. 1 but doesn’t become CEO until August. At that point, Ullman, 68, will stay on as executive chairman for a full year. In an interview Monday, Ellison called Penney an iconic brand and said he grew up shopping at the chain. “I couldn’t pass it up,” he said of the Penney job. “I have a lot of respect for what Mike has been able to do the last 18 months, and it shows the resiliency of the employees.” Read more

 

“The last 18 months have proven that turning (J.C. Penney) upside down and shaking it a couple of different ways was not necessary” by Suzanne Kapner, Shelly Banjo & Joann S. Lublin at WSJ. “Bonnie Hill, Home Depot’s lead independent director until this spring, said Mr. Ellison simplified the marching orders given to stores…Ms. Hill said Mr. Ellison will look for answers by spending time getting to know Penney executives and the company’s culture. “Marvin’s not a person who will go in there and say, ‘I know what’s best,’ ” she said.  Read more (Subscription)

 

“Dick’s Sporting Goods adding four stores Oct. 24” by Patty Tascarella at Pittsburgh Bus. Times. “The three-day celebrations all begin Oct. 24 and span Orlando, Fla.; Nampa, Idaho; Richmond, Ky.; and Roseville, Mich. This will bring the Pittsburgh-based retailer to 593 namesake stores across the United States.” Read more

 

“Google Express set to launch deliveries in Boston area today” by Dan Adams at Boston Globe. “Google Express will be available in parts of Boston, Brookline, Cambridge, Chelsea, Somerville, Arlington, Everett, Malden, and Medford. So far, eight companies have partnered with Google: Babies R Us, Barnes & Noble, Costco, Guitar Center, L’Occitane, Staples, Stop & Shop, and Walgreens.” Read more

 

“Google’s shopping service charges membership fees” by Wendy Lee at SF Gate. “Now renamed Google Express, the service will require a $95 annual or $10 monthly membership fee, which will give members same-day or overnight delivery on orders $15 or more and priority on the order’s delivery time, the company said in a blog posted Monday night.” Read more

 

“With help from Alibaba, Costco comes to China – but only online” by Stephen Millward at Tech in Asia. “US retailer Costco is entering China today for the first time. But the membership-only warehouse store is not opening any physical shops in the country. Instead it’s partnering with Alibaba’s Tmall marketplace to open a storefront for shoppers in mainland China.” Read more

 

***A message from Relax Sacks – Get Ready For the Most Comfortable Chair on the Planet! Consumers love the comfort of our ‘big and fun’ bean bag chairs (up to 7.5 feet in size!).  Incredibly soft micro-suede covers and uniquely comfortable shredded foam filling make the Relax Sacks experience one your customers won’t want to miss!  Great for living rooms, basements, kids rooms, dorm rooms, etc. Bring some fun and excitement to your stores and drive impulse sales in the process. www.relaxsacks.com.  Email info@shiftmarketinggroup.net for more information

 

“Delhaize America Names Michael Laurenti as Chief Information Officer” “Laurenti has more than 20 years of retail leadership in Information Technology. Prior to Belk, he worked at Family Dollar Stores, Linens ‘N Things and Toys “R” Us.” Read more

 

“Major supermarket chains changed how they label meat, surprising customers and USDA” by Roberto A. Ferdman at Washington Post. “…What transpired at Giant and its sibling companies reflects what food safety experts say is a growing concern about food and supplement manufacturers misusing labels. The experts say that labels are supposed to allow customers to make more informed decisions, often granting a distinction of quality or making claims about health and safety, but they have instead turned into advertising vehicles.” Read more

 

“Kroger settles chicken labeling lawsuit, will remove “humanely raised” claim” by P.J. Huffstutter at Reuters via Chicago Tribune. “The “Simple Truth” chicken products were packaged with labeling that stated the animals were “raised in a humane environment” and “cage free,” according to the lawsuit. However, standard industry practice for broiler chickens is to house them inside large buildings, not cages, according to industry experts.” Read more

 

“Walmart & other Retailers Pin Hopes on Holidays After Sluggish Summer Sales” by Natalie Zmuda & Jack Neff at Ad Age. “We’re seeing this tendency for the consumer every holiday to shop a little later,” said Matt Kistler, senior VP-global consumer insights and analytics at Walmart…”The No. 1 gift card people want to get is from Walmart, because of all you can buy,” Mr. (Stephen) Quinn said, but it “is also the card that they’re most nervous about giving to someone. So what we need to do is actually lower people’s ‘guilt level.” Read more

 

“Amazon adding 1,000 jobs in Britain” by Ben Miller at Puget Sound Bus. Journal. “Amazon is adding the jobs to the existing 6,000 distribution center jobs in the country.” Read more

 

“Kroger director sells millions in stock” by Steve Watkins at Cincinnati Bus. Courier. “Reuben Anderson exercised options last month to buy 47,100 shares for a little more than $21 each…He sold those shares the same day for more than double the exercise price. Kroger’s stock was trading at $52.12 when he sold it, meaning he brought in a gain of more than $1.4 million.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.

Monday Tipsheet: CityTarget Goes Big | Costco Wine Buyer Iview | H.Depot Asia Mtg

 

“Target tries new, bigger strategy for Boston store” by Taryn Luna at Boston Globe. “Target is coming to the Fenway area next year with its own urban-concept store called “CityTarget,” the retailer’s first on the East Coast. But this location will actually be bigger…The CityTarget that will occupy four floors in a building under construction at the intersection of Boylston and Kilmarnock streets won’t just be bigger than the company’s other urban stores. It will be even bigger than an average full-size Target store (and) will cover a whopping 160,000 square feet.” Read more / See the location pictures

 

“Costco’s Annette Alvarez-Peters Talks Wine” by Bill Swindell at the Press Democrat. “We have 11 buyers on the alcohol beverage team. Each is responsible for wine, beer and spirits for their region. Each region consists of two to 13 states with up to 60 stores. Each buyer deals with the necessary paperwork, PowerPoints and supplier/distributor meetings to run their business, in addition to getting into Wine Country and wine shows or tastings when time permits.” Read the interview

 

“Retail prices taking a dip for the holiday season (Can ‘Frozen’ save Christmas?)” by Catherine Curan at NY Post. “Promotions are going to be larger and deeper, and affect retailers’ bottom line,” said Robin Lewis, CEO of The Robin Report, who expects flat holiday sales compared to 2013. “People just don’t have [the money].” The National Retail Federation, by contrast, expects sales to rise 4 percent.” Read more

 

“Highlights from Home Depot’s Asia Investor meeting presentation” by Clark Schultz at Seeking Alpha. “Home Depot expects to gain more efficiency from supply chain changes and forecasting improvements. FY14 guidance is reiterated: Sales growth ~4.8%; Comp store growth ~4.6%, EPS $4.54; store openings +6.” Read more  See the PowerPoint

 

“Macy’s Tries on Silicon Valley’s ‘Fail Fast’ Approach” by Clint Boulton at WSJ. “Some of this stuff isn’t going to stick and that’s okay,” Macy’s Chief Omnichannel Officer RB Harrison tells CIO Journal. Mr. Harrison worked with Macy’s CIO Larry Lewark to develop the strategy, which also includes the integration of decades-old legacy software, including point-of-sale systems, with software for processing mobile payments, beacon technology and RFID sensors.” Read more (Subscription)

 

“Will the plunge in gas prices boost holiday retail?” by Uptin Saiidi at CNBC. “A new report by Deloitte suggests lower gas prices could free up $260 per household this year in the United States. The potential savings is dramatic enough that May Epner, principal of Mary Epner Retail Analysis, predicts there will be benefactors as a result of falling gas prices. “A drop in gas prices should be great for Ross Stores, Walmart, and dollar stores.” Read more

 

“Target Continues Liquor Roll Out in MN” by Sam Black at Minn./St.Paul Bus. Journal. “Oh my god, that’s scary. It might affect me pretty hard,” said Tim, a Vintage Wine & Spiritz employee who declined to give his last name when he learned of the news Friday.” Read more

 

“Kmart is latest retailer hit by data theft” at SF Gate. “Sears Holdings says that Kmart’s information technology department detected on Thursday that its payment data systems had been breached. But it couldn’t provide the number of affected cards. However, it said that it was able to remove the malware. “ Read more

 

“Retailers’ Lines Blur on Outlet Stores” by Suzanne Kapner at WSJ. “Desperate for growth at a time when outlet stores are a rare bright spot for shopper traffic, chains are taking the once unthinkable step of putting outlets near their mainline stores in cities and suburban malls and even putting full-price stores in outlet malls.” Read more (Subscription)

 

“Retail imports expected to surge ahead of holiday push” at The City Wire. “Import volume at U.S. ports covered by Hackett & Associates’ Global Port Tracker report is expected to total 1.53 million containers this month, topping the 1.52 million monthly record set in August. Cargo volume has been well above average each month since spring as retailers have imported merchandise early in case of any disruption on the docks.” Read more

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.

 

Friday Tipsheet: F.Dol. Downer | Wgreen CTO | Macy’s Memo | Dick’s Letter

 

“Family Dollar net income plummets 66% in Q4” by Jennifer Thomas at Charlotte Bus. Journal. “From a financial standpoint, fiscal 2014 was one of the most difficult years in our company’s history,” Family Dollar Chairman and CEO Howard Levine said during a conference call on the retailer’s earnings late Thursday afternoon.” Read more

 

“Family Dollar Q4 Comp Sales +.3%” “Total net sales for the fourth quarter ended August 30, 2014, increased 4.5% to $2.61 billion from $2.50 billion in the fourth quarter of fiscal 2013 ended August 31, 2013.” Read the release

 

“Step inside Tractor Supply Co.’s new Brentwood, TN headquarters (Tractor in the lobby!)” by Nathan Morgan at Nashville Bus. Journal. See the 35 pics

 

“Retailers Seek Port Labor Accord to Avoid Holiday Delays” by Rob Golum at Bloomberg. “The failure to reach an agreement is now having a significant impact on port operations and contributing to port congestion in significant and damaging ways,” the federation said yesterday in a letter. “We are deeply troubled by the fact that no apparent progress has been made in the negotiations since August.” Read more

 

“Forbes Sits Down with Walgreens CTO Abhi Dhar” by Ben Kepes. “Fully 48% of digital visitors claim that their next action after the digital visit is to go into a Walgreen store – when you look at the sort of services that Walgreen digital offers – repeat orders of pharmacy items or printing images from digital photo services for example, this makes sense. To give some idea of scale, that 48% means that 5.3 million store visits each week are actually driven by digital.” Read more

 

“Canadian Tire plans its new digital strategy” by Marina Strauss at Globe & Mail. “I believe we are making strides, but our current online presence is disappointing and not up to our standards yet,” (Michael Medline) said at an investor conference to outline the company’s three-year “on offence” growth plan. “In fact, it reflects poorly on our brands.” Read more

 

…“Unlike some big-box retailers, we did not overgrow our stores” by Hollie Shaw at Financial Post. “Canadian Tire will spend an average of $575-million a year on digital technology and store upgrades from 2015 to 2017. “You have to be good at both, and they augment each other.” Read more

 

“Jeff Bezos Realizes A Dream With Amazon Storefront But The Purpose Remains Unclear” by Ryan Mac at Forbes. “While the Journal’s report suggested that the new store at 7 West 34th Street could deal with same-day delivery, pickups, returns and even serve as a potential showroom for Amazon’s new gadgets, Forrester analyst Sucharita Mulpuru couldn’t see the exact purpose.” Read more

 

….Drone Docking Station? by Dan Primack at Forbes. “I admittedly have no idea if Amazon has roof access as part of this lease, but let’s imagine that it does. And let’s also imagine that all of the regulatory and technological logistics are somehow overcome. If so, Amazon would have a drone hub right across the street from a building that originally was designed to serve as a docking station for dirigibles and related airships. You know, the Empire State Building.” Read more

 

…Glorified ‘Post Office’ ? at Fortune. “Sucharita Mulpuru, an e-commerce analyst at Forrester Research, tells the Fortune the space sounds “closer to a post-office” than a retail store and that it remains to be seen what economic boost the location will provide to the company.” Read more

 

“What Retailer Can Open the Earliest on Thanksgiving?” by Alexander Coolidge at Cincinnati.com. “Media reports say executives have emailed (Macy’s) employees telling them stores will open on 6 p.m. Macy’s officials declined to comment on their holiday hours on Thursday. WPXI in Pittsburgh obtained a copy of a Macy’s email that claimed it was making the decision due to “competitive pressure” to open early.The purpose of the email was to sound out workers willing to staff stores on the holiday.” Read more

 

“12-Year-Old Girl Writes A Passionate Letter To Dick’s Sporting Goods For Not Including Women In Its Catalog” by William Scott Davis at Business Insider. “Chris Peterson, a reporter for AZCentral Sports and NBC12, tweeted a picture of a letter his daughter wrote to Dick’s Sporting Goods. McKenna was upset that Dick’s didn’t include any pictures of women in its “Basketball 2014 catalog.” Read the letter

 

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Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail.