Another Target Executive is Leaving Company by Nick Halter at Minneapolis/St. Paul Business Journal. " ...this time it's Judy Werthauser, the senior vice president of human resources, headquarters...by my count at least eight of the company's top 50 executives have left since Cornell's arrival." Read more   CVS accused of overcharging thousands of customers for generic drugs in suit at AP via NY Daily News. "We've seen people who pay $20 for a 30-day supply as their copayments on a drug that was $11.99 for a 90-day supply had they been in the (discount program)," said Kristen Broz, an attorney with Hausfeld, [...]

  They Came, They Saw but Did They Shop? At Costco and Dollar Stores, They Did by Kate Kaye at Ad Age. "Costco shoppers spend 149% more per visit than at the average retailer, and dollar store shoppers are around 30% more likely to make a purchase than when visiting other retailers."  Read more   As many as 1,000 employees could be laid off at Walmart HQ by Chris Bahn at Arkansas Democrat-Gazette. "As many as 1,000 employees could be laid off at the home office, according to Cameron Smith of Cameron Smith & Associates, which specializes in working with [...]

  Top Target Digital Executive Alan Wizemann Is Leaving by Jason Del Rey at Recode. "Wizemann started working with Target in late 2012 as a consultant, when he helped overhaul the team building the Cartwheel coupon app...Wizemann is an entrepreneur at heart, having founded several startups before he joined Target. He also lives full time in Portland, Ore., and traveled regularly to Target’s Minneapolis headquarters." Read more   Amazon First to Lay Out Drone 'Rules of the Road' by Matt O'Brien at San Jose Mercury News. "Amazon was first to unveil a plan Tuesday that includes a high-speed lane for [...]

  Millennials May Shop Walmart, But They Don't Love Walmart by Pam Goodfellow at Forbes. "Millennials’ Net Promoter® Scores for Target were higher than their Walmart-shopping counterparts’ ratings in 24 of 25 categories." Read more   Are You Geek Chic Or Earthy Explorer? Target's Digital Design Tool Will Tell You by Courtney Fishman at Ad Age. "From "chic geek" to "earthy explorer," each personality type leads to an interactive dorm design followed by a curated list of recommendations for bedding, storage and decorations." Read more   New Walmart center for managing e-commerce operations opens in Sunnyvale CA by Jeremy Quach [...]

  Report: Amazon planning drive-up grocery stores by Nathan Donato-Weinstein at Silicon Valley Business Journal. "The e-commerce giant is developing a new drive-up store concept in Silicon Valley that will allow consumers to order grocery items online, then schedule a pickup at a dedicated facility, according to industry sources familiar with Amazon’s plans." Read more   Lowe’s expanding Canadian network to 54 stores via Globe & Mail. "Lowe’s Canada said it will spend $50-million to build two new stores in Ontario....Lowe’s acquired 12 former Target locations as well as Target’s Milton, Ont., distribution centre for $147.75-million after the company decided [...]

  Wal-Mart is joining Target in bid to woo millennial parents by Kavita Kumar at Star Tribune. "(Wal-mart)... has added hundreds of new baby products to its lineup in the last years from about 20 national brands including Baby Bjorn, Ella's, and Plum Organics...Wal-Mart executives would not say how big of an increase this is to its previous assortment and whether more space has been added in its stores for baby products. But they said it was a "fairly significant increase." Read more   NY Post: Walmart selling baby car seat that can prevent hot-car deaths by Lisa Fickenscher. "There are [...]

  Wal-Mart buys out China e-commerce firm Yihaodian at Reuters. "Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online." Read more   Amazon’s Latest Prime Perk: A Five Percent Cash-Back Credit Card by Jason Del Rey at Recode. "Amazon quietly introduced the card, the Amazon Prime Store Card, in March and has been slowly rolling out marketing for it on Amazon.com since then. But the company hasn’t done any PR around it." Read more   Under Armour's quarterly sales jump [...]

  Jet.com CEO Appears on CNBC: "There are 90 million households in America that don't have Prime," Jet co-founder and CEO Marc Lore told CNBC's "Squawk Box." "This is going to be the fastest and cheapest shipping option for those households." See the video / Read more   Why Wal-Mart, an icon of suburbia, had to urbanize its hometown by Lydia DePillis at Washington Post. "When Jerome Lynch first met a Wal-Mart recruiter at a conference in Washington D.C., he had no intention of joining up. He couldn’t even guess where it was based. "I said ‘I don’t know, Texas?' She [...]