Tipsheet: Nordstrom Cuts 400 | CNET Slams Lowe’s Iris | Target Ups Min. to $10 | Q&A Wmart Labs CTO

 

Nordstrom to lay off about 350 to 400 people – majority of the cuts coming from HQ by Janet I Tu at Seattle Times. “The 400 positions represent nearly 6 percent of the company’s 7,000 employees who work for corporate divisions…The cuts should be completed by July and are expected to save the company about $60 million.” Read more

 

How Sam’s Club Is Widening its E-Commerce Lead Over Costco by Phil Wahba at Fortune. “(Sam’s Club’s) web site now gets 16 million unique visits a month and sells 51,000 different kinds of items…All that has given Sam’s Club a head start over Costco in the e-commerce battle. (Costco) still doesn’t offer customers the option of placing orders online that they can fetch from a store.” Read more

 

CVS invests in Curbside, a startup that lets you buy online, pick up at store by Jason Del Rey at Recode. “Drugstore chain CVS has invested in Curbside, a Silicon Valley startup that allows shoppers to order products online and pick up their orders from a local store without leaving their car. The drugstore chain and the startup have been working together since last year, when they launched a pilot test in three cities that now encompasses 350 CVS locations.” Read more

 

Sources: Target increases minimum wage to $10 an hour by Nandita Bose at Reuters. “Target management has informed store managers, who in turn have started informing employees about the wage hike and most employees who earn less than $10 per hour should see their base pay go up in May, two sources with direct knowledge of the situation told Reuters.” Read more

 

Las Vegas woman awarded about $13 million in lawsuit against Lowe’s by Kimber Laux at Las Vegas Review-Journal. “Sean Claggett, one of Hendrickson’s attorneys, asked the jury to imagine what the next 41 years for his client will be like, “being a burden on her kids, not being the wife she should be to her husband,” and not being able to pursue her passion of driving a school bus because of her injuries.” Read more

 

**A message from PaintPincher – Never Waste Paint Again! The PaintPincher is an ingenious 8-in-1 paint can spatula that recovers paint, stain, adhesives and more from gallon and quart cans, leaving them 99.9% clean. The PaintPincher is great for Pro and DIY painters and can save up to a cup of paint per gallon! See the video | See the sell sheet | Packaging pic | paintpincher.com Retailers request a sample at info@shiftmarketinggroup.net

 

Lowe’s Iris focuses on the future, loses sight of the present by Andrew Gebhart at CNET. “Lowe’s Iris generation two doesn’t hold up on its own merits as a good smart-home system. It is more responsive, but using the app is tedious and counterintuitive. Some pieces of hardware don’t work consistently…Wink, SmartThings and Insteon all have similar features for free, and all are a better buy than the second generation Lowe’s Iris system right now.” Read more

 

Bass Pro Founder Presents President George H.W. Bush with Giant Fishing Lure by Jake Walker at The Eagle. “(Johnny) Morris’s voice began to shake when he started to talk about the president. He said you can learn a lot about a person when you’re sharing a fishing boat with each other on the water, and Bush’s love for fishing was no secret to anyone. “There’s never been a more steadfast friend to all fishermen,” Morris said.” Read more

 

Q&A with Walmart Labs CTO by Joab Jackson at The New Stack. “When you come up with folks and say, “Hey, we’re going to be re-platform the world’s largest retailer.” People are just, “Yeah. That’s something interesting you got.” So, I was able to attract some really great talent to do that.” Read the interview

 

Costco exec Jeff Lyons delivers message to Nebraska farmers on chicken plant via AJC. “Supporters say the plant would create 1,100 new jobs and provide other financial benefits to the community…The meeting, however, was an invite-only affair on private property. Costco representatives said that there weren’t going to be any public meetings for residents to voice concerns while the company’s leaders were in town.” Read more

 

Tulsa: Costco readies first Oklahoma store for Thursday open by Samuel Hardiman at Tulsa World. “Anita Fulsom, assistant general manager, said customers tell them that they have traveled to Wichita or Texas to get to the closest warehouse. “Now that we’re finally going to be here, they don’t have to take a three-hour drive,” she said.” Read more

 

Supervalu Adds James Weidenheimer as Executive Vice President, Corporate Development and Chief Innovation Officer Read the release

 

NY Times: General Mills and 7-Eleven Join the Venture Capital Crowd by Randall Smith. “The traditional consumer packaged goods model of big advertising budgets, trade leverage and scale — a lot of those factors have been neutralized by these small brands,” said John Haugen, who heads the General Mills venture fund.” Read more

 

Tipsheet Extra Stories

eBay’s Hal Lawton Reveals Three Areas of Focus

Gay pastor ‘horrified’ to find ugly slur on Whole Foods cake

Minnesota company buys Staples Print Solutions

The 10 Best Workplaces in Texas (Container Store #2, Whole Foods #10)

Canada: Le Chateau to close another 40 stores in next three years

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Tipsheet: Target’s Marimekko = Slow Start | H.Depot #5 Online | Amazon to Buy German Airport? | JCP Web Traffic +31%

 

Target’s Marimekko Collection Gets More Tepid Response on Launch by Phil Wahba at Fortune. “The majority of items in the 200 item collection, which feature Marimekko’s distinctive patterns and bright colors ranging from $7.99 to $499.99, were still available for sale online on Sunday mid-afternoon, Eastern time. About 50 are now sold out.” Read more

 

…WSJ: Early crowds at three New York-area stores were sparse, and many of those shopping were Europeans more familiar with the brand than Americans by Khadeeja Safdar. “Robert Bates, 29, listed some items from the Marimekko collection on eBay for a few dollars more than the original price. He noticed a more muted response than in prior years…He went to his local Target store in Barboursville, W.Va., 10 minutes before it opened on Sunday. “No one even knew what was going on,” he said. “We got what we wanted.” Read more (subscription)

 

How Terry Lundgren plans to end Macy’s slump by Tom DiChristopher at CNBC. “In an interview on the sidelines of the Global Retailing Conference in Tucson, Arizona, Lundgren laid out several growth strategies…Lundgren said Macy’s would compete…with several new “lower price, great value” lines, but would maintain a “certain quality standard” to set them apart.” See the video interview / Read more

 

Sport Chalet will close all stores and stop online sales by Nancy Rivera Brooks & Dan Weikel at LA Times. “On Saturday, the struggling sporting goods chain began going-out-of-business sales at its 47 stores and closed its online sales operation.” Read more

 

Five top performers in online retail (Home Depot #5) by Kat Fay at Internet Retailer. “It receives 12.2% of its traffic from social networks, which is five times higher than the Top 500 average. Its closest competitor in home improvement retailing, Lowe’s, gets 0.9% of site traffic from social networks.” Read more

 

Amazon takes on Netflix with new monthly Prime membership programs by Taylor Soper at GeekWire. “(Amazon) will sell a monthly Prime membership for its video streaming service at $8.99 per month…along with a $10.99 per month option that includes other benefits of Prime…” Read more

 

**A message from Man Dip – Sour cream is for sissies – Eat like a man! Sour cream is something you slap on a baked potato – it is not a dip! Man Dip uses real cream cheese loaded with chunks of meat and peppers to create dips that are rich and savory with just the right amount of kick. Protein rich – Gluten free – Served hot. See the five new flavors | Named a Top 5 New Product Retailers request a sample pack at info@shiftmarketinggroup.net

 

Consumers aren’t buying retailers ‘out of sync’ clothing by Lisa Fickenscher at NY Post. “Nearly 40 percent of consumers are not planning to shop for spring clothing this season…“It’s a buy now, wear now environment,” said Gabriela Santaniello, founder of retail consultancy A-Line Partners. “And no one needs to buy shorts now at 30 percent off when next week or the week after they’ll be discounted by 60 percent.” Read more

 

REI funds the construction of disaster relief center in Nepal by Coral Garnick at Puget Sound Business Journal. “Helicopters flew in pieces of the structure, while bags of dry cement were carried by workers on their back, who were employed for the construction.” Read more

 

Amazon reportedly considering purchase of German airport by John Cook at GeekWire. “…is considering the purchase of the Frankfurt-Hahn airport. The German paper Sueddeutsche Zeitung reported that discussions between Amazon and the airport had taken place, and that the airport planned to decide between three possible bidders soon.Read more

 

Traffic to JC Penney Website Soars as Company Recovers by Douglas McIntyre at 24/7 Wall Street. “…rose 31% to 11.6 million unique visitors in March compared to the same month the year before, according to research firm Compete.” Read more

 

Japanese supermarket shelves are left completely empty as panic buying takes hold after deadly earthquake by Sinead MacLaughlin at Daily Mail. “With around 180,000 people seeking shelter, some evacuees said that food distribution was a mere two rice balls for dinner. Many shelters in Kumamoto were unable to keep up with food supplies, as shelves in stores and supermarkets remained empty of food.” Read more / See the pics

 

Theranos CEO ‘devastated’ amid lab testing issues by Fred Imbert at CNBC. “We’ve stopped testing and we’ve taken the approach of saying ‘let’s rebuild this entire laboratory from scratch so that we can ensure it never happens again,'” Holmes told NBC’s “TODAY” show.” Read more

 

Tipsheet Extra Stories

Loss of McCormick Place East could be blow for large trade shows

Meijer CEO: Grocer’s Minneapolis expansion ‘four or five years’ out

Fruit Sold at Costco Has Been Linked to a Hepatitis Outbreak

Tomorrow: Serena Williams to appear on panel hosted by Dick’s Sporting Goods

Coachella’s tiny post office struggling to cope with fans trying to file their tax returns from the music festival

Mars Food tells customers to go easy on the pasta sauce (only eat once a week)

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Tipsheet: Sbucks CEO’s Advice to Target | Sanders Doesn’t Bern Wmart (For Once) | Nordstrom’s Snapchat Win | 50% are Prime Members

 

Nearly half of U.S. households belong to Amazon Prime by Rachel Lerman at Seattle Times. “Piper Jaffray says households that make more than $112,000 annually are the most likely to subscribe to Prime…Nearly three-fourths of high-income households subscribe to the service, according to the report, an increase from about 55 percent in 2014.” Read more | PiperJaffray report

 

This Is Starbucks CEO Howard Schultz’s Advice to Target by Phil Wahba at Fortune. “Schultz told the Target audience that focusing on the basics was the key to the Starbucks’ renaissance. “For the Starbucks team, it all comes back to one person, one cup, one community, and getting the details right,” he said. “We needed to get back to basics, the values that our customers fell in love with in the first place.” Read more

 

How Nordstrom targeted colleges and boosted its Snapchat follower count by 60 percent by Clare McGrane at GeekWire. “University of South Carolina rose to the occasion, winning the challenge with just under 2,000 screenshots, said Nordstrom spokesperson Dan Evans. The prize was an on-campus shoe party on April 12. The event featured a guest appearance by supermodel and entrepreneur Karlie Kloss and a giveaway of $200,000 worth of Nordstrom shoe vouchers.” Read more

 

Walmart Execs Relieved Sanders Pulled His Punches At Sharpton Convention by Darren Sands at BuzzFeed. “Executives from Walmart, a big time sponsor of the Rev. Al Sharpton’s National Action Network convention, were nervous Bernie Sanders might go on the attack about Walmart in his pitch, as he is wont to do. Bernie camp says they just got a free pass.” Read more

 

Americans prefer to save money rather than spend more on U.S.-made products via Daily News. “Asked about a real world example of choosing between $50 pants made in another country or an $85 pair made in the United States — one retailer sells two such pairs made with the same fabric and design — 67% say they’d buy the cheaper pair. Only 30% would pony up for the more expensive American-made one…People in higher earning households earning more than $100,000 a year are no less likely than lower-income Americans to say they’d go for the lower price.” Read more

 

Amazon eyed up Everlane, Le Tote and more for acquisition in a wider fashion push by Ingrid Lunden at TechCrunch. “TechCrunch has learned from multiple sources that the e-commerce giant has eyed up several startups in the fashion sphere as potential acquisitions to update and expand its presence in the category. Everlane, Le Tote, Rent The Runway, Third Love and PreeLine are among the names we’ve heard in connection with the effort. “They are losing big time in apparel and are anxious to acquire brands,” one founder approached by the company told TechCrunch.” Read more

 

**A message from 2016 Sweets & Snacks Expo – the Show Floor is Sold Out! The 2016 Expo will set an all-time record in volume of confectionery and snack products with more than 720 companies showcasing nearly four acres of product innovation. The Sweets & Snacks Expo is the one place more confectionery and snack retailers and manufacturers come together to get inspired, make connections and find new best sellers. See all of this year’s exhibitors | 2016’s New Exhibitors | These retail execs will be taste testers

 

California fast-food workers shift focus from minimum wage to unionizing by Samantha Masunaga at LA Times. “The demand from the original strikes in 2012 was $15 and a union,” said Mary Kay Henry, international president of the SEIU. “Underpaid workers in California are now on a path to $15, but we think the way we can make these jobs good jobs … is through a union.” Read more

 

Pier 1 Imports’ Q4 2016 Results – Earnings Call Transcript Read the transcript

 

Home Depot employee tips off police about alleged pipe bomb maker at KMOV 4 St.Louis. “Herr allegedly asked the staff at Home Depot to cut it into 7.5 inch sections with each end threaded for a cap. Home Depot employees became suspicious and called police. Officers said they eventually executed a warrant at Herr’s hotel room at a Super 8 and found materials for making a pipe bomb.” Read more / See the video

 

Amazon creates homeless refuge on company site near HQ by Monica Nickelsburg at GeekWire. “Amazon now appears to be taking a more active role in addressing homelessness. The company is partnering with the non-profit Mary’s Place to create a temporary shelter for 60 to 70 homeless families…” Read more

 

China Halts Export-Subsidy Program After U.S. Challenge by William Mauldin at WSJ. “The subsidy program benefited seven industries, including textiles and seafood, by giving companies a small but crucial advantage in exports, contrary to the rules of the WTO, U.S. officials said.” Read more (subscription)

 

Consumer Reports in the Age of the Amazon Review by Paul Hiebert at The Atlantic. “…the researchers found that consumers tend to accept as true the collective wisdom that Amazon conveys about a particular item’s durability, safety, and performance. “We don’t want to say that online reviews are completely untrustworthy and have no value whatsoever,” Bart de Langhe, an assistant professor of marketing at the University of Colorado Boulder and the co-author of the study, told me. “But we do want to point out there are strong issues with them…” Read more

 

Tipsheet Extra Stories

Why Target’s iPad App Has Vanished From Apple’s App Store

Georgia firm would process chickens for Costco at Fremont plant – company faced past immigration raid

Walmart taps Univ. of Arkansas fashion design program

Canadian Tire’s augmented reality catalogue doesn’t cut out the paper

Fisher-Price recalls over 30,000 cradle swings due to fall hazard

The same guy who built the Amazon Echo just built the $700 magic juicer

Amazon renews vows with its online wedding registry

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Tipsheet: Wmart Grocery: Last But Climbing | Costco: No More Elephants | REI CIO Q&A | Pier 1 -0.6%

 

NY Times: Some Online Bargains May Only Look Like One by David Streitfeld. “Ripen eCommerce, analyzed 746,000 product searches on Amazon…A little over 44 percent of the products — some sold directly by Amazon, others by third parties — were billed as discounted, Ripen said. “It’s less than I expected, actually,” said Dave Rekuc, Ripen’s director of marketing. “Considering you can basically name your own list price.” Read more

 

Pier 1 Q4 Comp Sales Fall 0.6% “Total sales for the fourth quarter decreased 1.4%…E-Commerce represented approximately 15% of total sales in the fourth quarter, as compared to approximately 13% of total sales in the fourth quarter of fiscal 2015.” Read the release

 

…Pier 1 Imports CEO Alex Smith takes a pay cut by Maria Halkias at Dallas Morning News. “(Alex) Smith has elected to forgo his equity award this year and the Fort Worth-based home furnishings retailer also warned on Wednesday that sales are expected to be flat in 2016.” Read more

 

Costco Travel agrees to eliminate elephant rides after PETA complains by Michelle Baran at Travel Weekly. “This latest effort by PETA was spawned by an incident in Thailand in February in which a Scottish tourist was trampled to death by an elephant after being thrown from its back while riding the animal.” Read more

 

Old Navy taps Gap executive as president by Krystina Gustafson at CNBC. “Gap said Wednesday that Sonia Syngal, an executive vice president in charge of the company’s supply chain, will take over as global president.” Read more

 

How REI CIO Julie Averill balances work, home and the outdoors by Todd Bishop at GeekWire. “Your best advice for managing everyday work and life? Learn how to shut it off. I have three kids at home, each of whom leads a very busy life. It is important for me to make it to most of their games and performances. I work hard at work so that I can be present at home.” Read the Q&A

 

CNBC’s Cramer changes tune on Kroger by Steve Watkins at Cincinnati Business Courier. “Kroger has kind of lost its mojo,” Cramer said. “I think that’s probably a mistake to sell it. I do, by the way, like Whole Foods. Notice the stock has bottomed at $30. They continue to do a buyback. I prefer Whole Foods at this price than I do Kroger.” Read more

 

**A message from PaintPincher – Never Waste Paint Again! The PaintPincher is an ingenious 8-in-1 paint can spatula that recovers paint, stain, adhesives and more from gallon and quart cans, leaving them 99.9% clean. The PaintPincher is great for Pro and DIY painters and can save up to a cup of paint per gallon! See the video | See the sell sheet | Packaging pic | paintpincher.com Retailers request a sample at info@shiftmarketinggroup.net

 

Market Force ranks Walmart least-favorite grocer – but scores jump from last year “ALDI was the price leader, followed by WinCo and Costco. Trader Joe’s, known for its friendly service, ranked first for cashier courtesy. ShopRite, Meijer and Kroger offer the best sales and promotions. Hy-Vee also performed well across the board, ranking in the top five in many categories.” See the retailer rankings

 

BrandSpark: Canada’s Most Trusted Retailers via Montreal Gazette. “Auto-Parts – Canadian Tire, Dept. Store – Walmart, Home Improvement – Home Depot.” See the retailer rankings

 

Gilt co-founder launches photo-driven shopping startup Project September by Anthony Ha at TechCrunch. “…if you see a photo with an item of clothing or an accessory that you love, you shouldn’t have to wonder what it is and where you can get it. On Project September, those items will be accompanied by green dots. Click on the dot and you’ll get more info, ultimately allowing you to buy it directly from the brand’s website.” Read more

 

NOT SEEING EYE TO EYE – Costco Opposes Bill Restricting Competition in Contact Lens Sales “Costco announced its opposition to a bill introduced by U.S. Senator John Cassidy (R-LA)…The bill would make it more difficult for consumers to have their contact lens prescriptions filled by companies like Costco…” Read the release

 

Kohl’s executive vice president of marketing is resigning this week by Melanie Lawder at Milwaukee Business Journal. “The company’s chief merchandising and customer officer, Michelle Gass…will continue to oversee Kohl’s marketing efforts.” Read more

 

Retail sales disappoint, but some reason for apparel optimism via CNBC. “According to (Credit Suisse), which questioned 2,000 consumers…fashion apparel ranked as the second most important category to consumers this year, falling short only of intimates. Likewise, the category scored second as the category consumers expect to spend more on this year, again coming in behind intimates.” Read more

 

JC Penney CEO: Outwork your peers, get ahead by Christine Wang at CNBC. “A lot of times when you’re looking so far down the road, I tell my team you can trip on the curb at your feet. It’s important to have balance — short-term balance, long-term balance — and not get ahead of yourself,” he said. “I’ve made those mistakes in the past and I don’t plan to make those in the future.” See the video / Read more

 

State attorney generals looking into retailers’ on-call shift scheduling by Lauren Zumbach at Chicago Tribune. “They sent 15 companies letters seeking information on the use of on-call shifts, where workers must contact employers an hour or two before they’re scheduled to begin work to find out whether or not they will work that day, according to a statement from Madigan’s (IL) office.” Read more

 

Tipsheet Extra Stories

Ex-Best Buy Exec Takes CFO Post at BBQ Chain

Sprint pulls ‘ghetto’ commercial amid backlash

Taco Bell’s Incredible Two-Year Quest to Melt Cheese

Fast Company: Could Menstrual Leave Be The Next Work-Life Benefit?

VFW says Kroger store kicked them to the curb

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Target CEO Buys $1.9M Home | Wmart Groc. Pickup +8 Cities | Hugh Jackman Pitches Kroger | Mrs. America Defrauds Macy’s

 

Wal-Mart expands online grocery pickup to eight more cities by Nathan Layne at Reuters. “The expansion…will increase the number of stores with the service by a third to about 200 and widen its footprint to 30 cities…In addition to Kansas City, Missouri and Austin, Texas, Wal-Mart will roll out the service later this month to select stores in Boise, Idaho; Richmond and Virginia Beach, Virginia; Provo, Utah; Daphne, Alabama and Charleston, South Carolina.” Read more

 

Target CEO Brian Cornell buys $1.9M Kenwood home by Nick Halter at Minneapolis/St.Paul Business Journal. “Target Corp. CEO Brian Cornell bought a $1.9 million home near Lake of Isles in the Kenwood neighborhood of Minneapolis, according to a real estate filing. Cornell, who took over as CEO of the Minneapolis retailer in August 2014, paid cash for the six-bedroom, six-bathroom home.” Read more

 

NO PITCH REQUIRED – Publicis Groupe Wins Walmart-Owned Asda’s $145M U.K. Business by Emma Hall at Ad Age. “Saatchi & Saatchi London — whose New York office has handled Walmart’s creative in the U.S. for two years — will take the Asda creative account from VCCP after three years on the business.” Read more

 

Multiple Retailers to Attend GS1 Connect Conference “Companies participating in “How to do Business With” sessions and Trading Partner Roundtables include Belk, Dillard’s, Kroger, Macy’s, Nordstrom, SUPERVALU, Target, Walgreens, Walmart/Sam’s Club and Wegmans Food Markets.” Read the release | Full agenda

 

J.C. Penney creates its own plus-size women’s fashion brand by Maria Halkias at Dallas Morning News. “Penney is positioning the brand for the younger millennial shopper…The merchandise will be in about 500 Penney stores and online May 1…about 200 stores are getting branded “The Boutique” departments.” Read more

 

Actor Hugh Jackman pitches new venture to Kroger at Cincinnati Business Journal. “Wolverine” and “Les Miserables” star Hugh Jackman was in Cincinnati this weekend to talk to Kroger executives, WCPO reports. Jackman was pitching his Laughing Man Coffee & Tea to the Cincinnati-based grocer.” Read more

 

Target Testing Connected Health Sections by Alan Wolf at Twice. “The pilot program is rolling out to 550 Target stores across the country and is expected to be in place by May. The Connected Care sections are approximately 6 feet wide and hold about 14 different medical-grade products, including blood pressure monitors and pain management. All can connect to smartphones to make it easy for customers “to keep track of important wellness information and data,” a Target spokeswoman told TWICE in an email.” Read more

 

“Home Depot and Lowe’s are just completely sold out of any kind of materials” –  Softball size hail pierces ceilings in Wylie, TX at CBS DFW. “When Yvonne Mora’s ceiling finally caved in from hail damage, insulation rained down onto her kitchen. “It looks like cotton candy,” she said staring the pile of pink covering her countertop. But the real damage is visible overhead. Monday’s softball size hail pierced Mora’s roof.” See the video / Read more

 

**A message from Black Flag® Brand: When the flag flies, pests die. The Black Flag® indoor/outdoor pest arsenal arms homeowners in the battle against invading bugs. Offering quick, decisive formulas that act fast and never back down, Black Flag insect and rodent controls get the job done, and take no prisoners. It’s time to Let It Fly. Check out our videos | Visit us on Facebook

 

Longtime Macy’s exec resigns by Andy Brownfield at Cincinnati Business Courier. “Macy’s Chief Marketing Officer Martine Reardon will leave the company effective May 13.” Read more

 

Walmart To Provide $150,000 for Univ. of Arkansas School of Law Diversity Program Read more

 

Market Force: America’s Favorite Grocery Chain (Wegmans #1, #2 Publix, #3 Trader Joe’s) via Business Insider. Read more

 

Job count at Walmart’s new C. Fla. distribution center soars to 1,000 by Rachel Williams at Orlando Business Journal. “When the project was confirmed last summer, it was announced that the new center would create 625 new jobs, but that number has risen to 1,000, Stan Conway, executive vice president of Majestic Realty, told Orlando Business Journal.” Read more

 

Strawberries are Now the Most Contaminated Produce by Jade Scipioni at Fox Business. “Strawberries have officially replaced apples as the most pesticide-ridden produce. According to the 2016 Environmental Working Group’s Shopper’s Guide, nearly all “conventional” strawberry samples—about 98%—tested by federal officials had detectable pesticide residues. In addition to that, 40% of all strawberries had residues of 10 or more pesticides detected.” Read more

 

Canada: Loblaw says its plan to build 50 new stores, renovate 150 more will create 20,000 jobs this year via Financial Post. Read more

 

You Can’t Buy ‘Hamilton’ Tickets, But You Can Buy Its Bloomingdale’s Merchandise by Laura Gurfein at Racked. “Bloomingdale’s is set to open pop-up shops at the 59th Street and Soho stores filled with show-related merchandise later this week…” Read more

 

Jeff Bezos: What the commercial space industry can learn from the Internet revolution by Todd Bishop at GeekWire. Read more

 

Wal-Mart ties with ChannelAdvisor to boost online assortment by Nathan Layne at Reuters. “The deal should make it easier for the thousands of retailers and vendors that are working with ChannelAdvisor to get their products on Wal-Mart’s website. Wal-Mart has made expanding its online assortment, currently at about 9 million items, a priority for its online business this year.” Read more

 

Tipsheet Extra Stories

Former Mrs America charged with making more than $5,000 in fraudulent returns to Macy’s

Washington Post: Why companies like Walmart are buying so much wind power

First city outside of Nashville for Reese Witherspoon’s Draper James boutique

How Amanda Haas Rose from Sales Associate to Culinary Director of Williams-Sonoma

Zika Survivor Says ‘I Could Feel My Skin Shrinking’

The world’s top 20 most authentic brands (Amazon #4)

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Tipsheet: Target’s 1st Beer Cave | H.Depot CMO in Video | Costco – Just Say No

 

CNBC: Retailers cutting costs at the expense of quality by Krystina Gustafson. “…These lower-quality tops can be made from rayon (derived from wood pulp) or other synthetic materials, he said. By using such lighter fabrics, clothing is both cheaper to produce and ship. “The truth is you can create sheer tees from practically anything,” Quan said.” Read more

 

HOME DEPOT CMO TRISH MUELLER FEATURED IN “ABOVE THE CLUTTER” VIDEO via Ad Age. “Above the Clutter With Pete Krainik” cuts through the jargon and the myriad links, sales pitches and distractions in an “Anthony Bourdain No Reservations” meets “Undercover Boss” style…” See the video

 

Target Now Has a Beer Cave as Part of Its Alcohol Sales Push by Brian Sozzi at The Street. “The company added whimsical, large red signs (see first photo below) above cooler doors to help grab a shopper’s attention to the expanded selection of wines and craft beers. Part of the department’s remodel included what Target calls its first-ever (and only) walk in “beer cave.” Read more

 

Costco recommends that shareholders reject TRC “mini-tender” offer via Reuters. Read more

 

Jordan Spieth’s Masters meltdown costs Under Armour by Lisa Fichenscher at NY Post. “Under Armour’s SEC filings show that sales to its biggest customer — Dick’s Sporting Goods, according to Morgan Stanley — were down 8 percent in the fourth quarter last year. “We think Under Armour’s issues in its women’s apparel business and running footwear create heightened risk that it will not deliver the numbers the Street expects long-term,” Sole wrote.” Read more

 

Chicago: Macy’s, Block 37 apartment tower collaborate on model units by Lauren Zumbach at Chicago Tribune. “Macy’s created two model apartments in its eighth-floor furniture department — a studio and a one-bedroom unit — furnished with merchandise from Macy’s. A model unit within the 38-story, 690-unit Marquee at Block 37 building will also be furnished with Macy’s furniture and decor once the building opens June 1.” Read more

 

Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada by Catherine Shu at TechCrunch. Read more

 

**A message from Man Dip – Sour cream is for sissies – Eat like a man! Sour cream is something you slap on a baked potato. It is not a dip! Man Dip uses real cream cheese loaded with chunks of meat and peppers to create dips that are rich and savory with just the right amount of kick. Protein rich – Gluten free – Served hot. See the five new flavors | Named a Top 5 New Product by Dairy Foods  Retailers request an all-flavor sample pack at info@shiftmarketinggroup.net

 

Target: From San Francisco to Minneapolis…Notes from a Relocated Tech Entrepreneur at A Bullseye View. Read more

 

Costco Analytics Manager to Speak at Conference by Tim Denman at RIS. “Kyle Wierenga, manager, advanced analytics, Costco Wholesale, will discuss the maturation from descriptive to predictive to prescriptive analytics and share strategies for building advanced capabilities. He will also explore the wins, impacts and value predictive analytics provide and how to build an advanced analytics team.” Read more | Full agenda

 

Overstock.com’s CEO takes medical leave via CNBC. “The cause for the leave is stage IV hepatitis C. Byrne contracted it in China in 1984 when he had a head wound sewed up under what he termed as “less -than-ideal” conditions.” Read more

 

How Grocery Stores Can Survive Amazon by Shelly Banjo at Bloomberg. “Amazon will never take the whole grocery market, but they’ll take the top 10 percent of the most profitable customers, and few retailers can afford to lose the top 10 percent,” Tarrant said in an interview.” Read more

 

**A message from Eye on Retail – A lot happens beyond the headlines, let us dig it up for you. We create custom news reports specific to your category. To request details about your very own Eye on Your Category report contact us at info@shiftmarketinggroup.net.

 

A ‘mystery shopper’ scam is targeting Walmart customers by Hayley Peterson at Business Insider. “…Once you deposit the check into your account, the scammers drain your account, according to the Massac County (Illinois) Sheriff’s Department.” Read more

 

Luxury brand Prada plans to double down on online sales at Bloomberg News via Internet Retailer. “The Milan-based company also will close stores and narrow the spread on prices of new products between regions to about 10%, strategic marketing director Stefano Cantino said in an investor presentation Monday in New York.” Read more | See the investor presentation

 

Tipsheet Extra Stories

Fisher-Price Taps Star Designer Jonathan Adler To Make Baby Gear Chic

Duluth Trading set to open first Illinois stores

Wife of murdered Walmart loss prevention manager speaks

Surveillance cameras sold on Amazon infected with malware

‘Omega block’ weather system to push polar vortex aside and increase temps by 20 degrees this week

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Tipsheet: B.Buy Retools in NYC | Costco Taipei Traffic Jam | Wmart Merch Boss Speaks | H.Depot Disruption

 

Best Buy retools stores in New York by Kavita Kumar at Star Tribune. “The Richfield-based electronics retailer in the last year has poured $5 million to $10 million into upgrades in the New York region, which is one of its largest markets with about 45 stores…“It’s not just new paint and new floors,” said Carly Charlson, a Best Buy spokeswoman.” Read more

 

Traffic jam as Taipei region welcomes 4th Costco outlet at Focus Taiwan. “W. Craig Jelinek, chief executive officer of Costco, attended the opening ceremony where a lion dance troupe performed…customers began to gather before 7 a.m., waiting in a line which was estimated to be 300-meter to 400-meter long.” Read more

 

Apparel Merchandising Students Create Doll Clothing for Walmart Dolls via University of Arkansas. “The clothes are featured on the My Life As doll, an 18-inch doll that wears various styles of active wear, and was created for young girls ages 8 to 12.” Read more

 

**Trade Show Spotlight – 2016 National Stationery Show. There’s Only One Stationery Market in North America and the NSS is it! Experience all that is new at this year’s show with 800 exhibitors (over 60% come to launch new products!). Don’t be the last to know – see the new products everyone will be talking about first-hand! See the show categories | Last year’s photo gallery | 2016 exhibitor list | Register | Celebrating 70 Years – Javits Center, NYC May 15-18.

 

Walmart merchandising boss speaks at charity gala by Nancy Peevy at The City Wire. “Walmart, a major sponsor of the gala, was joined by 81 other businesses and individuals who also sponsored the event and gave to help support the Children’s Shelter financially. General Mills was the presenting sponsor, along with others, such as Pepsico, Kimberly Clark, Hershey’s, Hewlett Packard Enterprise, Mattel, Tyson, 3M and Anheuser Busch.” Read more

 

CLAIM: 70% OF SHOPPING CARTS IN CHICAGO HAVE TRACES OF E.COLI by Becky Yerak at Chicago Tribune. “A microbiology professor who has tested shopping carts in major markets, including Chicago, says they’re dirtier than public restrooms, diaper-changing tables, chair armrests and playground equipment, among other things.” Read more

 

Hundreds turned out for the “Hugs For Frank” rally by Frances Watson at KSPR 33 ABC. “He’s the West Plains man, famous for giving hugs, who was fired from his job at Walmart after 20 years. Hundreds turned out for the “Hugs For Frank” rally. The group gathered near the Walmart store he used to work at for a peaceful demonstration showing their support.” See the video | Read more via Springfield News-Leader

 

The 100 Most Trustworthy Companies In America (Kohl’s, Hibbett Sports) See the list

 

Home Depot suffers disruption to payment card network by J.Scott Trubey at AJC. “Home Depot reported some disruption nationwide to its ability to process credit and debit card purchases on Saturday. But the company said the issue is not a threat to customers’ personal information.” Read more

 

CVS faces lawsuit for claims about a store-brand eye product by Colman M. Herman at Boston Globe. “Clearly it was very misleading,” said Dr. Jorge Arroyo, an ophthalmologist who treats macular degeneration at the Beth Israel Deaconess Medical Center in Boston.” Read more

 

SHAQ THUMBS NOSE AT CRITICS OF HIS WALMART FOOTWEAR LINE via Footwear News. “Laugh all you want, the Shaq brand has sold over 120 millions pairs of affordable shoes for kids @Walmart,” the baller captioned a photo shared on (Facebook).” Read more

 

***A message from Eye on Retail – Know your category from top to bottom. A lot happens beyond the headlines – we’ll dig it up for you. We create custom news reports specific to your category. To get more information about your very own Eye on Your Category report contact us at info@shiftmarketinggroup.net.

 

LA Times: How retail stores are using virtual reality to make shopping more fun by Shan Li. “On a recent weekday, Tyler Costin, 32, slipped on a Samsung Gear VR headset while shopping at the Toms store on Abbot Kinney Boulevard in Venice. “That’s amazing,” he said, swiveling in his chair to take in the 360-degree views. At one point, Costin lifted his hand to greet the students before quickly putting it back down. “You want to wave back,” he said sheepishly.” Read more

 

McMillon Studio Showcases Retail Innovation by Marty Cook at Arkansas Business. “The first exhibit will be the “kitchen of the future,” made possible by donations from companies such as Lowe’s and Samsung. The pieces were scheduled to begin arriving last week, and Sedberry hopes to have the kitchen ready for business by mid-April. Everything in the kitchen is open to visitors to inspect, use and, most valuably, review.” Read more

 

Charlotte Grocery wars: Harris Teeter takes top spot from Walmart by Katherine Peralta at Charlotte Observer. “Harris Teeter reclaimed the No. 1 spot and Food Lion edged past Wal-Mart Supercenters in the latest market share rankings for Charlotte’s highly competitive grocery scene.” Read more

 

Wall Street Journal: Tom Coughlin Obituary “High-school buddies and former colleagues proved a refuge in his final decade. He and 15 of his high-school friends met at least once a year, usually for a weekend involving football, beer and recycled jokes. While Mr. Coughlin was confined at home, he participated via speaker phone. Friends laughed about the time he flopped on the floor to do a gator dance…” Read the full obituary (subscription)

 

Tipsheet Extra Stories

Best Buy’s Geek Squad to swap Beetles for Priuses

Boy’s foot gets stuck in escalator at Macy’s store in San Diego

You could catch on fire in this $1,000 shirt

CNBC: This is why Ohio is becoming the e-commerce capital

Could P&G acquire Jessica Alba’s Honest Co. brand?

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Tipsheet: Wmart Head Leaves for Startup | Target Twin Cities Tech | H.Depot Tears | V.Secret Cuts 200

 

Wal-Mart’s head of U.S. online marketing leaves for startup by Nathan Layne at Reuters. “The departure of Brian Monahan after three years at Wal-Mart was announced by NewCo, the startup he helped launch in 2012 in San Francisco with media industry veteran John Battelle.” Read more

 

Amazon now has three CEOs by John Cook at GeekWire. “The company today announced that longtime execs Andy Jassy and Jeff Wilke will now hold the titles of CEO, albeit in their respective divisions. Jeff Bezos remains the CEO of the entire company.” Read more

 

Target’s Casey Carl and Mike McNamara on Building the Twin Cities’ Tech Scene via A Bullseye View. “What is Target doing to attract more talent to the area? MM: We’ve set an aggressive plan to hire 500 engineers here in Minneapolis and another 500 in India, so we need to be relentless in our search for talent.” Read the Q&A

 

Lululemon expands line of small, peculiar ‘Lab’ stores to the U.S. after testing in Vancouver by Kim Bhasin at Bloomberg via Financial Post. “Lululemon’s new lab looks nothing like its 363 other stores around the world. Nestled on a quiet street in New York’s NoHo neighbourhood, it’s more posh fashion boutique than yoga pant peddler. Bicycles hang on a wall near the entrance, a nod to the city’s commuter lifestyle; sewing machines sit on tables in the back…” Read more

 

**Trade Show Spotlight – 2016 National Stationery Show. There’s Only One Stationery Market in North America and the NSS is it! Experience all that is new at this year’s show with 800 exhibitors (over 60% come to launch new products!). Don’t be the last to know – see the new products everyone will be talking about first-hand! See the show categories | Last year’s photo gallery | 2016 exhibitor list | Register | Celebrating 70 Years – Javits Center, NYC May 15-18.

 

$100 MILLION OVERHAUL – Brooklyn Macy’s Is Set for a Major Renovation by Keiko Morris at WSJ. “The overhaul will add fluted columns and coffered ceilings on the first floor, along with arched metal-and-glass canopies over the Fulton Street entrances, as nods to an earlier era, according to Steven Derwoed, Macy’s senior vice president of store design and merchandising.” Read more (subscription)

 

Whitney Port is Designing Activewear for Target by Kathryn Romeyn at Hollywood Reporter. “The latest designer to partner with Target on a high-low collection for the masses didn’t come about by accident. Former reality star Whitney Port targeted the retailer quite intentionally, reaching out with a phone call to pitch her label Whitney Eve as its next activewear collaborator.” Read more

 

Gap’s Disastrous Losing Streak Drags On by Phil Wahba at Fortune. “At its namesake chain, comparable sales fell 3%, while at Banana Republic, still reeling from the effects of being too fashion forward, it was another bloodbath, with a 14% drop.” Read more | Read the release

 

Home Depot workers go above and beyond – bring customer tears of joy by Andy Banker at Fox 2 Now St.Louis. “He was on chemo. He had the shakes, he would fall down periodically,” (said Jim) Conley. “Right then, we knew we had to get somebody out there for him.”…“I don’t know what to say,” Sansone said, wiping tears. “I appreciate it. Thank you so very much.” See the video / Read more

 

Belk putting all of its corporate offices under one roof again by Ashley Fahey at Charlotte Business Journal. Read more

 

Victoria’s Secret stripped of 200 jobs in corporate overhaul by Lisa Fickenscher at NY Post. “Credit Suisse retail analyst Christian Buss was not bowled over. “There’s less clarity about the company than at any time over the last three years,” said Buss, who had downgraded L Brands in March to neutral.” Read more

 

Petco to Unveil 15 New Stores in April Read the release

 

It’s a Great Time to Buy a Diamond, But Fewer People Want One by Thomas Biesheuvel at Bloomberg. “A threat to boycott auctions of rough gems by buyers in India, where almost 90 percent of the stones are cut, ended with De Beers lowering prices 15 percent for the year and another 7 percent in January.” Read more

 

Big Lots To Relocate Corporate Headquarters Within Columbus Read the release

 

Behind the Scenes at Disney as It Purged a Favorite Son by James B. Stewart at NY Times. “…With Mr. Iger struggling to breathe and turning red, another executive started pounding his back, to no effect. Mr. Staggs leapt up, and applied the Heimlich maneuver so forcefully that he broke one of Mr. Iger’s ribs. Out popped a piece of chicken…In the byzantine world of Hollywood media conglomerates, not even saving the future chief executive’s life confers any job security.” Read more

 

Tipsheet Extra Stories

JCPenney embraces its ‘period skirt’ after it goes viral

Russian Communist proposes ban on companies such as Macy’s using red stars

Woman suing Lowe’s wipes tears while testifying

Z Gallerie boosts engagement with personalization

Obama dines with Disney executives at glitzy fundraiser in Bel-Air

REI Celebrates the Inspirational Stories of Dedicated Hikers in New Campaign

H&M Sees Room for 4,000 New Stores

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