Monday Tipsheet: NLRB Slaps Down Wmart Dress Code | Sears Comp -14.5% | Dick’s New CFO | Bend/Snap/Stock!

 

NLRB slaps down Walmart dress code by Sean Higgins at Washington Examiner. “Walmart violated its employees’ rights when it instituted a restrictive new dress code last year that union activists said was intended to prevent workers from wearing labor insignia on their clothes, a National Labor Relations Board administrative law judge has ruled. The judge ordered the retail giant to rescind the dress code at all of its stores.” Read more

 

Sears 1Q loss narrows but sales slump continues at AP. “Sales at Sears domestic locations open at least a year dropped 14.5 percent, while sales at Kmart domestic locations open at least a year declined 7 percent.” Read more

 

175,000 doses of narcotics stolen in Baltimore riots by Kevin Johnson at USA Today. Read more

 

NY Post: Walmart CEO ignores laid-off employees’ pleas to get jobs back by Lisa Fickenscher. “But that’s more than Greg Penner, the newly appointed chairman of Walmart, offered. The son-in-law of outgoing chairman Rob Walton “ran away from us and kept going until he reached a tunnel,” Luna said, adding that “security guards stopped us.” Read more

 

Teri L. List-Stoll to join DICK’S Sporting Goods as Executive Vice President, Chief Financial Officer “Prior to joining the Company, she was employed by Kraft Foods Group from September 2013 to May 2015. “ Read the release

 

***A message from Mobee’s ‘Bees’: Mobee has over 350,000 GPS tracked, Smartphone enabled ‘Bees’ located within 5 miles of every retail store in the USA. We detect supply chain issues quickly and issue fix alerts to remedy the problem in hours not months. Our “Supply Chain Fix Alerts” have resulted in post-alert sales increases of up to +35% by getting displays up and product on shelf. How Mobee works videoContact dowdy@getmobee.com to request a free pilot.

 

President of Lord & Taylor & Hudson Bay in NY Times Q&A “We’re in a lot of meetings, and they’re very purposeful and we have agendas. If somebody isn’t listening and following the trail of where we are in the conversation, I get annoyed. When we run a meeting, we expect people to speak up, and if they don’t understand something, they should ask about it.” Read the Q&A

 

Walgreens gets European makeover with Scottish exec by Ameet Sachdev at Chicago Tribune via Seattle Times. “Scotland native Alex Gourlay, 55, is in charge of the drugstore chain’s nearly 8,300 stores across the country…Under Gourlay, Walgreens plans to aggressively reduce costs in its U.S. pharmacy business by closing stores and removing layers of management, pay more attention to shopping patterns using data collected from its loyalty card and sell more beauty products.” Read more

 

Walmart’s CEO calls on staff to be like Han Solo, other Star Wars rebels by Phil Wahba at Fortune. Read more

 

Blue Nile opens first stand-alone store in Long Island mall by Angel Gonzalez at Seattle Times. “The so-called “Webroom,” a 325-square-foot space with a half-dozen staffers, grew out of the Seattle retailer’s experiments with temporary counters inside a couple of Nordstrom stores. It also draws on the experience accumulated by placing booths at wedding shows in China — wildly popular fairs that helped drive a 50 percent yearly increase in Blue Nile’s sales there.” Read more

 

Reese Witherspoon Does Legally Blonde’s “Bend and Snap” at Walmart Event at Us Magazine. “Bend, and you snap, and you stock!” Witherspoon exclaimed…The Draper James designer wasn’t the only star in attendance. Witherspoon was also joined by Carol Burnett, Mariah Carey, Rod Stewart, Brian McKnight, and Drew Barrymore, who was on hand to support her Flower cosmetics.” Read more / See the video

 

Tipsheet Extra

Rabid bat bites woman at Albuquerque Walmart

Tesco reclaims top spot in Ireland

Behind the Scenes With Carrie Underwood at Her Calia Fitness Line Shoot

Amazon is hiring a dream team to build its first PC game

Eataly Confirms Hack

Here are the top 10 most concentrated ‘Millennial markets’

Read Tipsheet Extra Stories

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. See our website at www.eyeonretail.net

Friday Tipsheet: H.Depot #1 Web Retailer | Costco ‘Sold’ 400K Vehicles LY | Target ‘Not Leaving’ Twin Cities

 

Target CEO invites civic leaders to HQ, reiterates commitment to Twin Cities by Kavita Kumar at Star-Tribune. “The 26th floor of Target Plaza South used to be a place that visitors rarely — if ever — glimpsed. But on Wednesday afternoon, Target Chief Executive Brian Cornell invited more than 50 community leaders to visit the nerve center of the Minneapolis-based retailer’s operations…“We’re not leaving town,” he said.” Read more

 

Fortune 500 2015 (Walmart #1, CVS #10, Costco #18, Home Depot #33…) See the full list

 

Home Depot nails the top honor in the first Internet Retailer Excellence Awards by Thad Rueter at Internet Retailer. “Kevin Hofmann, the chain’s online president, thanked the Home Depot team from top to bottom upon accepting the award. “Behind every e-commerce transaction is a person in a distribution center” and professionals performing other tasks, he said. He also predicted bigger changes to come in e-retail thanks to the continued merging of the physical and digital worlds. “The next five years will be the biggest retail transformation the world will ever see.” Read more

 

Costco Moves the Metal by Jeff Green & Jing Cao at Bloomberg. “Last year, Costco Wholesale moved almost 400,000 vehicles of all major brands in the U.S., twice as many as in 2008. Without fanfare, the membership-only merchant better known for selling flatscreen TVs and jumbo-size boxes of cereal has pulled within spitting distance of No. 1. car retailer AutoNation, which sold 533,000 vehicles last year. “ Read more

 

H-E-B Customers Limited to Three Cartons of Eggs in Texas by Robert Wilonsky at Dallas News. Read more

 

Target lays off 180 workers in India by Kavita Kumar at Star-Tribune. “Target is also closing 125 open positions at those offices. Before these cuts, Target employed about 2,800 workers at its tech operations in Bangalore.” Read more

 

J.D. Power Rankings: Lowe’s & Menards Beat Home Depot See the rankings

 

Target.com’s president challenges Amazon by Paul Demery at Internet Retailer. “How are you going to beat Amazon? The answer is simple,” Jason Goldberger, the president of Target.com and mobile operations at Target Corp., said in his keynote address today at the Internet Retailer Conference & Exhibition 2015 in Chicago. “Target.com cannot beat Amazon. Target will beat Amazon.” Read more

 

Excited shoppers react to Mobile’s first Costco opening its doors at AL.com. Read more

 

Rite Aid May Comp Sales +2.1% Read the release

 

Fred’s May Comp Sales +0.3% Read the release

 

Walmart Annual Meeting Stories…

 

The man who’s reinventing Walmart by Brian O’Keefe at Fortune. “…his first day in the office after officially taking charge as CEO of the world’s largest retailer on Feb. 1, 2014. The problem: He wasn’t sure where to sit. (Doug) McMillon arrived early on that Tuesday and reported to his new workspace—the same modest, 15-by-17-foot room with cheap wood paneling that has belonged to each chief executive of the company going back to Mr. Sam himself. That’s when McMillon froze up a little. “I couldn’t sit behind the desk,” he says.” Read more

 

Wal-Mart, Sam’s Club continues to test delivery, pick up formats by Kim Souza at The City Wire. “Two weeks ago Wal-Mart began testing off-site pickup in Phoenix with the delivery truck parking in local business centers for two hours each week…Denver curbside pickup: 80% of its orders come from repeat customers….San Jose home delivery service tested for two years reports that 75% of its customers choose Wal-Mart over competitors.” Read more

 

How Wal-Mart is hoping to change grocery shopping by Sarah Halzack at Washington Post. “On Thursday, the company showed off its Wal-Mart Pickup-Grocery center, one of five pilot facilities…In the past month, Wal-Mart said it has also begun testing a version of their pick-up offering that would save shoppers an extra car trip by allowing them to pick up the groceries at their workplace.” Read more

 

Walmart U.S. boss admits half of all stores could look better by Phil Wahba at Fortune. Read more

 

Wal-Mart offers a peek at robot grocery pickers and other innovations by Kim Souza at The City Wire. Read more

 

Tipsheet Extra

Mom Calls Out Target For ‘Unnecessarily Gendered Marketing’

J.Crew blames sweaters for company’s struggles

Walmart’s No. 1 Selling Item Isn’t at All What You’d Expect

Macy’s bunks up with college-dorm retailer

Petco Takes ‘Full Responsibility’ for Retriever’s Death, but Says Heat Was Not the Cause

Build-A-Bear isn’t just a store anymore

Pharmacy Delivery Startup PillPack Locks In $50 Million To Take On Walgreens

Read Tipsheet Extra Stories

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. Contact us at info@shiftmarketinggroup.net.

Thursday Tipsheet: Costco May Comp Flat | Wmart: Celine Out/Temp Up | Five Below +1.7%

 

Costco May Comp Sales Flat “Comparable sales for these periods, excluding the negative impacts from gasoline price deflation and foreign exchange, were +6%” Read the release

 

Why Wal-Mart is ditching its Celine Dion soundtrack and getting a DJ by Sarah Halzack at Washington Post. “The CD was a punch line multiple times in executives’ presentation to workers, including when a puppet character named Willie joked that being a Wal-Mart store worker was getting dangerous. When Mike Moore, executive vice president of supercenters, asked why, Willie replied, “One of my fellow associates recently developed a serious eye-tic from hearing Celine Dion’s greatest hits on loop in our stores.” Justin Bieber was also name-checked as one of the singers featured on the notorious CD.” Read more

 

Five Below Q1 Comp Sales +1.7% Read the release

 

Wal-Mart relaxing dress code & raising temperature in stores to address worker concerns at Reuters. “My job is to make your life easier,” Greg Foran, head of the retailer’s U.S. operations, told the workers at the Bud Walton Arena in Fayetville, Arkansas. Under a new dress code due in July, store workers will be allowed to wear black and khaki denim pants in addition to khaki trousers permitted by the existing code. Workers with physically demanding jobs will be allowed to wear blue denim and T-shirts.” Read more

 

***A message from Dolce Extra Virgin Olive Oil: Among the many unique qualities of Chile is an agricultural paradise situated between the mountains, rivers, and sea. From this oasis comes Dolce Super Premium Extra Virgin Olive Oil. Featuring the lowest acidity rate in the category at 0.2%. Our advanced systems ensure less than 12 hours between harvest and oil extraction to packaging. See the websiteRetailers request a sample at info@shiftmarketinggroup.net

 

Dick’s Sporting Goods shareholders approve the re-election of three directors at Pittsburgh Post Gazette. “Vincent C. Byrd, vice chairman of the J.M. Smucker Co.; William Colombo, vice chairman of Dick’s; and Larry D. Stone, former president and COO of home improvement chain Lowe’s…The company’s six-minute-long annual meeting was held Wednesday at the Hyatt Regency at the Pittsburgh International Airport.” Read more

 

It’s a Plaid, Plaid World at Target this Fall at A Bullseye View. “To help herald in its fall plaid takeover, Target tapped designer Adam Lippes to create more than 50 items inspired by buffalo plaid for the Adam Lippes for Target collection of apparel, accessories, pet goods and home furnishings.” Read the Q&A with Kathee Tesija

 

Costco welcomes shoppers to its new Wichita store by Jerry Siebenmark at The Wichita Eagle. “Marilyn Regier was one of dozens of Wichitans who arrived before the opening of the area’s first Costco store Wednesday morning – and was rewarded with entry into the store before its official 8 a.m. opening. “We came at 7:30 and they were already letting us in,” said Regier of Wichita. “It’s so exciting.” Read more / See the pics & video

 

Amazon will start charging merchants more if they want to use its frictionless checkout services at Business Insider. Read more

 

Rising Walmart executive Stacey Hodoh returns to Buchtel to give commencement address by Betty Lin-Fisher at Beacon Journal. “Hodoh, 48, is quickly moving up the executive ranks at Walmart, where she is now interim vice president of logistics for Walmart’s Mexican operations, called Walmex. In her short-term role, she is in charge of all distribution, transportation, engineering, e-commerce and logistics planning for Mexico.” Read the Q&A

 

See how Amazon just changed its famed shipping boxes by Benjamin Snyder at Fortune. “Amazon now gets the honor of reportedly being the first company to use its packaging to advertise an un-related product. The company is rolling out ads on its delivery boxes in bright yellow to boost the new Minions movie from theDespicable Me franchise.” Read more

 

Couple ties the knot at Home Depot in Phoenix at WFSB 3. “Olsen’s bouquet was made out of plumbing supplies. The ceremony took place in the garden section and the wedding party included all of their co-workers.” See the pics

 

Amazon’s Roy Price Honored at United Friends of the Children’s Brass Ring Awards by Mannie Holmes at Variety. “The 12th annual Brass Ring Awards was filled with golden moments at the Beverly Hilton on Tuesday. Presented by the United Friends of the Children (UFC), the philanthropic event honored Amazon Studios VP Roy Price. Malcolm McDowell hosted the dinner and auction, which began with anecdotes of youth benefiting from the organizations’ commitment.” Read more

 

US-China Business Council Names Doug McMillon as New Board Member Read the release

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. Contact us at info@shiftmarketinggroup.net.

 

 

Wednesday Tipsheet: Could Military Exchanges Close? | Lmbr Liquid. Loses Exec | Porch Hires CFO

 

Wal-Mart learns Texas free-market bravado has limits at Dallas News. “It happened in the session that ended Monday, with even the deep pockets of Wal-Mart Stores Inc. failing to summon enough lobbying power to overturn a law forbidding publicly traded companies from selling liquor.” Read more

 

Amazon Debuts Free Shipping on Small Goods, No Minimum Order at Bloomberg. “Amazon.com is introducing free shipping on thousands of popular, smaller items — makeup, mobile phone accessories, earplugs — in its Web store, without requiring a minimum order. The new initiative applies to all customers, including those not enrolled in Amazon Prime.” Read more

 

Why the Internet doesn’t keep Macy’s CEO awake at night by Michael Theis at Austin Business Journal. “We have a Monday morning meeting that’s like a religion; from 10:30 to 12:30 we’re all there. We go through the current business, what changes we need to make and we update around the table and ask each other what did you see out there in the stores last week,” said Lundgren. “I think that is critical.” Read more

 

Dollar General Q1 Comp Sales +3.7% “In consumables, higher volume of tobacco products, perishables, health care items, and candy and snacks drove the growth in same-store sales. Same-store sales growth within non-consumables was strongest in apparel with seasonal and home also posting solid gains.” Read the release

 

Could Military Exchanges Close? at Cincinnati.com. “U.S. Sen. John McCain wants the Pentagon out of the grocery business…A proposal by the Navy veteran to privatize military-run commissaries and exchanges threatens hundreds of small businesses that service the commissaries, but major grocery and clothing retail competitors could gain if active-duty and retired military shop more off-base, Bloomberg Intelligence reports.” Read more

 

Pinterest to launch ‘buy’ buttons by Jessica Guynn at USA Today. “The pins, essentially buy buttons, let users make purchases inside the mobile app. The buy buttons will roll out on iPhone and iPad in the USA later this month, Pinterest said.” Read more

 

Porch hires CFO with public company, acquisition experience by Rachel Lerman at Puget Sound Business Journal. “The appointment is likely to spark rumors of what’s next for Porch, which has been growing at an explosive rate. The company grew from 170 employees last July to 400 now, and has raised more than $100 million in total funding.” Read more

 

Wal-Mart’s San Antonio expansion plans to butt heads with H-E-B by Katie Burke at San Antonio Business Journal. “Throughout the next year or so, H-E-B has 12 pending locations, which will bring its total to 62 stores…Wal-Mart’s newer Neighborhood Center concept…has six locations pending for this year alone. And that’s just the beginning.” Read more

 

Embattled Lumber Liquidators loses another top exec by Michelle Celarier at NY Post. “Ray Cotton, the chief compliance officer, has left the company, following the departures of Chief Executive Officer Robert Lynch and CFO Daniel Terrell in recent weeks.” Read more

 

Things you may not have known about Wal-Mart by Kim Souza at The City Wire. “The closed-type culture embodied by Wal-Mart Stores and its founding family is most likely tied to the co-founder and matriarch Helen Walton. A woman of means herself and a banker’s daughter, Helen Walton never wanted Sam to take the company public.” Read more

 

Lidl Prepares for East Coast Invasion by Kristin Zachary at Triad Business Journal. “As has been reported, Lidl is in the early stages of preparation to operate in the United States,” he said in an email. “We are taking steps toward that effort. However, we are not able to comment on any particular transaction at this time.” Read more

 

Tipsheet Extra

Home Depot’s Matt Carey Sells $5.9 Mil of Stock

Grocery Customer To Target: There’s A Black Widow Spider In My Grapes!

Designer ad banned for ‘unhealthily’ thin model

Toys R Us names ex-Domino’s chief as new CEO

Company launches mood-changing wearable that zaps brains

Will your pets be robotic in 2050?

Stock Building Supply and Building Materials Holdings to merge

Read Tipsheet Extra Stories

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. Contact us at info@shiftmarketinggroup.net.

Tuesday Tipsheet: H.Depot Wants Dismissal | Target CEO on CNBC | Wmart: When Sam Did the Hula

 

Target offers free shipping on online orders this week by Kavita Kumar at Star Tribune. “This is only the third time Target has offered a free-for-all when it comes to shipping on its website.” Read more

 

Target CEO Appears on Mad Money by Abigail Stevenson at CNBC. “…so how can Target appeal to all of those different constituencies at once? “We really can’t. We’ve got to make sure we stay very focused and we understand our sweet spot. Our sweet spot today is what we call the demanding enthusiast,” Cornell said.” See the video / Read more

 

Wal-Mart kicks off next phase of wage increases by Anne D’Innocenzio at AP. “Wal-Mart told The Associated Press late Monday that department managers of complex and service-oriented jobs in areas like produce, electronics and auto care, will start at $13 per hour and top out at $24.70 per hour, beginning next month. Starting next February, they will be paid at least $15 per hour. Previously, the pay range was from $10.30 to $20.09.” Read more

 

Home Depot asks court to dismiss consumers’ data breach lawsuit by David Allison at Atlanta Business Chronicle. “Home Depot’s June 1 court filing marks the first time the company has responded to charges leveled against it due to the data breach…Home Depot contends most of the consumers have been fully reimbursed for their losses. “In addition,” the company claims, “none of the named plaintiffs’ purported injuries are traceable to Home Depot’s conduct.” Read more

 

Retailers: Stop blaming millennials for weak sales by Krystina Gustafson at CNBC. “Misleading media and hype lead [online business] executives to believe that these changes are somehow different from anything that’s happened before, and that they must address these generational variances immediately or perish,” Forrester analyst Sucharita Mulpuru said. “That perception is misguided at best, false at worst.” Read more

 

Retail watcher talks decades of Wal-Mart coverage, picnics and float trips by Kim Souza at The City Wire. “Everyone remembers the time Sam Walton danced the hula on Wall Street in a grass skirt when the company’s sales growth surpassed 8%. In doing that, he endeared himself to analysts. He was a lot of fun and made a big impression on us back then,” (Walter) Loeb shared. Read more / See video of Sam dancing the hula

 

***A message from Mobee’s ‘Bees’: Mobee has over 350,000 GPS Tracked, Smartphone enabled ‘Bees’ located within 5 miles of every retail store in the USA. We detect supply chain issues quickly and issue fix alerts to remedy the problem in hours not months. Our “Supply Chain Fix Alerts” have resulted in post-alert sales increases of up to +35% by getting displays up and product on shelf. How Mobee works videoContact dowdy@getmobee.com to request a free pilot.

 

Affidavit reveals glimpse into Loblaw pricing practices by Marina Strauss & Jeff Gray at The Globe & Mail. “Loblaw collected more than “tens of millions of dollars” from its suppliers last year for practices which, according to the Competition Bureau, could be anti-competitive and ultimately lead to higher prices. The revelation is contained in an affidavit sworn in Federal Court that is part of the bureau’s investigation into Loblaw’s potential anti-competitive behaviour with its suppliers, forcing them to make up the difference to match retail rivals’ lower prices.” Read more

 

Sears Shareholders Sue, Claim CEO Is Stripping Company For Parts by Laura Northrup at Consumerist. Read more

 

The 25 Companies Where Top Millennials Most Want To Work In 2015 (Amazon #11) by Susan Adams at Forbes. See the top 25 list

 

330 Family Dollar stores to become Dollar Express after acquisition by Jen Wilson at Charlotte Business Journal. Read more

 

***Check out the new Eye on Retail website www.eyeonretail.net

 

Wal-Mart shareholder week brings crowds, celebrities, concerts and protestors by Kim Souza at The City Wire. “This year Whaling said Train and Lighthouse will perform on Tuesday (June 2) while Lynyrd Skynyrd will perform on Wednesday night (June 3).” Read more

 

Kroger making huge investment in Greater Cincinnati, adding 650 jobs by Tom Demeropolis at Cincinnati Business Courier. Read more

 

Neiman Marcus fills key c-suite job with footwear executive by Maria Halkias at Dallas News. Read more

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. Contact us at info@shiftmarketinggroup.net.

 

 

Monday Tipsheet: Wmart Reorg | H.Depot Salesman Uses Ukulele | Unclaimed Baggage Store

 

Broad organizational realignment underway at Walmart U.S. by Kim Souza at The City Wire. “Judith McKenna outlined the organizational changes in an email to workers on Friday (May 29). The City Wire obtained a copy of that email that details divisional and regional realignment as well as additional leadership moves…” Read more

 

Home Depot Idol? Salesman Uses His Ukulele And Becomes Internet Music Sensation at CBS Los Angeles. “He makes a sale and KCAL9’s Jennifer Kastner reports that is reason enough to start a serenade. “Then I grab the ukulele from down under and they say oh my god he’s seriously gonna sing a song,” says a smiling Vaca. “Then I ask them what their favorite song is.” Vaca’s not just good at singing. You should see his dance moves, too.” Read more / See the video

 

Bentonville prepared for shareholders by Melissa Gute at Arkansas Online. “Thousands of people will be in town for the annual Wal-Mart shareholders week starting today, and city officials say dealing with large crowds is nothing new to them…” Read more

 

Vast warehouse tucked away in Alabama that is filled with America’s lost luggage… and it’s all for sale by Janet Shamlian at NBC News. “The Unclaimed Baggage Center in tiny Scottsboro, Alabama, buys left-behind bags from major airlines as well as bus and train companies and then sells what’s inside them at a deep discount…Visitors are drawn here from down the street — and all over the world. Shopper Jerry Brown is a regular and has been visiting the store since 1972. “There’s a crew of us that’s kind of like the Breakfast Club that meets down here every morning,” Brown said. “We just enjoy doing this, it’s fun.” See the video / Read more

 

In an online world, Cuba remains a stand-in-line society by Nick Miroff at Washington Post. “As one of Havana’s largest state-run retail hubs, the Supermercado 3ra y 70 is the communist government equivalent of a Target or Wal-Mart, created as a one-stop shopping center. It was designed, quite possibly, by sadists. Customers with long shopping lists face no fewer than seven places to stand in line. One for butter. Another for cooking oil. A third for toothpaste. And so on.” Read more

 

Costco may already be U.S. leader in organic food by Ciara Linnane at MarketWatch. Read more

 

***A message from Dolce Extra Virgin Olive Oil: Among the many unique qualities of Chile is an agricultural paradise situated between the mountains, rivers, and sea. From this oasis comes Dolce Super Premium Extra Virgin Olive Oil. Featuring the lowest acidity rate in the category at 0.2%. Our advanced systems ensure less than 12 hours between harvest and oil extraction to packaging. See the websiteRetailers request a sample at info@shiftmarketinggroup.net

 

Five Below CEO Joel Anderson Riding High by Suzette Parmley at Philly.com. “Toys ‘R’ Us taught me to be a kid at heart,” he said. “Walmart taught me the value of the dollar and the magic of scale. You bring all that together, and that’s what Five Below is meant to be.” Read more

 

Wal-Mart Going Small in Small-Town Arkansas by Marty Cook at Arkansas Business. “A Marvin’s IGA store in Gentry closed shortly after Wal-Mart’s arrival in 2011, but fears of a small-town takeover by the Bentonville retailer have proved overblown…“It’s the stigma of the big-box store coming to destroy mom-and-pop stores,” Johnston said. “There has been no negative impact. We want to keep people shopping locally.” Read more

 

San Francisco workers kick-start their day with a dance party by Kia Croom at SF Gate. “Brill says the event is frequented by employees of all industries including teachers, physicians, techies, health and wellness practitioners and more. Attending the party before work has a number of benefits according to event patrons, who report leaving the events “awake,” “revitalized” and with a “high level of energy.” Read more

 

***

Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. 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. Contact us at info@shiftmarketinggroup.net.