Tipsheet: H.Dep Crushes Street | WM Likes Lord & Taylor | Shoppers Drug Likes Cannabis

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Home Depot Q3 Comp Sales +7.9% “…the Company lifted its fiscal 2017 sales growth guidance and now expects sales will be up approximately 6.3 percent and comp sales will be up approximately 6.5 percent.” Press release

 

…CNBC: Home Depot same-store sales crush Wall Street estimates “Revenue was $25.03 billion, versus an estimate of $24.55 billion. Same-store sales climbed 7.9 percent, compared with an anticipated increase of 5.8 percent.” Read more

 

Wal-Mart strikes deal with Lord & Taylor at CNBC. “The big-box retailer announced Monday it has partnered with Lord & Taylor to create an online “flagship store” for the apparel retailer. The landing page will launch on Walmart.com in spring 2018. “Our goal is to create a premium fashion destination on Walmart.com,” Denise Incandela, head of fashion for Wal-Mart’s U.S. e-commerce division, said in a statement.” Read more

 

Shoppers Drug Mart issues job posting for medical marijuana brand manager at Canadian Press via Vancouver Sun. “A job posting on the website of Canada’s largest pharmacy says the senior brand manager role will entail leading its strategy and marketing activities to doctors and health-care providers in the cannabis space.” Read more

 

Wall Street Journal says Dallas, Boston & D.C. have the strongest characteristics for Amazon HQ 2 by Laura Stevens, Sean McDade & Stephanie Stamm. WSJ subs.

 

…Minneapolis & Austin are Long Shots WSJ subs.

 

Spotify expands merch to beauty products, sells out tickets for Who We Be by Ingrid Lunden at TechCrunch. “…this is not a new revenue stream for Spotify, which does not take a cut of any of the sales that happen through the platform. The idea, instead, is to sweeten the deal for artists and give them more opportunities to make money on Spotify beyond streaming.” Read more

 

Hobby Lobby Scion Spent Millions on Biblical Relics—Then Came a Reckoning by Kelly Crow at Wall Street Journal. “After months of back and forth, Mr. Green’s family business paid $1.6 million for the lot. Mr. Green thought he was getting a bargain…Archaeologists and biblical scholars now say there are questions about the origins and authenticity of the rest of the Green collection…It has also cast a shadow over the Nov. 17 opening of the museum the Green family built, in part to house its collection.” Read more (subs.)

 

Amazon denies report that it’s developing a free ad-supported video service to complement Prime Video by Taylor Soper at GeekWire. Read more

 

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Stitch Fix gets a close look from consumer VC firm Goodwater Capital ahead of IPO by Matthew Lynley at TechCrunch. “After surveying around 3,000 people over the past few quarters, the firm found that while a tiny fraction of the people surveyed are Stitch Fix users, more than half of those people expect their use of Stitch Fix to increase.” Read more

 

Lowe’s Built an Escape Room and Challenged Four DIYers to Build Their Way Out by Gabriel Beltrone at Adweek. “A new 17-minute reality-style ad puts four skilled craftspeople—an electrician, Moe; a contractor, Wes; and two YouTubers who run DIY channels, Bob and Grant—in a custom-built obstacle course with three rooms, a series of puzzles to solve, and one hour to make it to the ground floor.” Read more

 

Amazon to adapt J.R.R. Tolkien’s ‘Lord of the Rings’ books into new fantasy television series by Kurt Schlosser at GeekWire. Read more

 

Ads May Soon Stalk You on TV Like They Do on Your Facebook Feed by Todd Shields & Gerry Smith at Bloomberg. “Sinclair Broadcast Group Inc. and other TV station owners say the new standard, known as Next Gen TV, will provide sharper pictures and video on demand. It will also allow them to track viewers of their programming on tablets and other platforms.” Read more

 

Supervalu’s Anne Dament Promoted to Executive Vice President, Retail, Marketing and Private Brands Press release

 

Publix promotes: “Randy Barber, 55, will be promoted to VP of Industrial Maintenance and Purchasing…Brad Oliver, 44, will be promoted to Vice President of Product Business Development for Dry Grocery and Non-Foods.” Press release

 

Coming to Your Local Mall: Online Retailers Beloved by Millennials by Esther Fung at Wall Street Journal. “Five years from now, we won’t be debating whether ‘e-tailers’ are taking share from ‘brick-and-mortar retailers,’ because they are all the same,” said Citi Research analysts in a recent research note.” Read more (subs.)

 

Tipsheet Extra Stories

69% would skip exchanging gifts this holiday season if their friends and family agreed to it

This executive is leading the tech makeover at South Florida’s Walmarts

Tesco wins UK regulator’s provisional approval for Booker takeover

A Digital Pill That Can Be Tracked When Swallowed Was Just Approved by the FDA

12% of Couples Consider Divorce When Remodeling Their Home

Apple could reportedly put a rear-facing 3-D sensor in its 2019 iPhone

Read Tipsheet Extra Stories

 

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

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Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

Tipsheet: Mall of America Stabbing | WM Online Prices Higher | Worker @ Costco Can Sit

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Multiple people stabbed at Mall of America in botched robbery by Chris Perez at NY Post. “It happened around 6:45 p.m. (Sunday) in the men’s department of Macy’s, which is not far from the mall’s Santa Experience. What started as simple robbery attempt quickly escalated into a violent, multi-victim incident after the would-be thief was caught stealing from two men inside a fitting room.” Read more

 

Now Featured on Wal-Mart’s Website: Higher Prices Than Stores by Sarah Nassauer at Wall Street Journal. “The higher online prices are part of Wal-Mart’s efforts to nudge more customers into stores as well as raise its e-commerce margins by offsetting the cost to ship orders to homes. A $1.28 box of Kraft Macaroni & Cheese could cost a big retailer around $10 to ship from Chicago to Atlanta, depending on how remote the buyer’s address is, according to a cost analysis by consultants Spend Management Experts.” Read more (subs.)

 

Target CEO Q&A by Anne D’Innocenzio at AP via Denver Post. “If you shop beauty today, we have someone there that can help you, who understands the category, that’s there to assist you and make a decision. In apparel, there’s someone who can put together an outfit for Friday night…We’re seeing stability and improvements in food and beverage and a big uptick in produce. We now have produce experts.” Q&A

 

Why the CEO of Wish spent more than $30 million to sponsor the Los Angeles Lakers jersey by Jason Del Rey at Recode. “More than half of Wish’s business come from shoppers living outside of the U.S., but Los Angeles still accounts for more sales than any other metro area.” Read more

 

Veterans recognized by Wal-Mart Stores by Kim Souza at Talk Business. “Sam’s Club CEO John Furner welcomed 104-year-old U.S. Navy veteran Jim Downing to Bentonville Friday at the retail giant’s annual Veteran’s Day event held at its headquarters…Downing is believed to be the second-oldest survivor of the attack on Pearl Harbor…Downing said he helped fight the flames and will never forget his fellow servicemen in water, covered with oil and burning.” Read more

 

Boxed.com inks deal with Telaflora by Lisa Fickenscher at NY Post. “(Boxed.com) has been quietly adding products like fresh food, wine and hotel booking services — and now flowers — with an eye towards launching a premium membership program, founder and chief executive Chieh Huang told The Post.” Read more

 

Target unveils first store with new design at Houston-area location by Jen Para at Houston Business Journal. 34 pics/Read more

 

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Jack Link’s opening its first store by Dan DeBaun at Minneapolis/St.Paul Business Journal. “Jack Link’s is opening its first retail store, called Wild Side, inside the skyway level of the recently renovated Target Center…(CMO) Dixon said. “I don’t necessarily see it as something everywhere, but you think about places like Vegas, New York, Orlando, these are definitely places that we think we can create this same sort of concept.” 8 pics/Read more

 

Millennials really love Christmas music by Richard Morgan at NY Post. “Music aficionados aged between 18 to 34 now account for a whopping 36 percent of holiday music fans — a chunk that’s more than 40 percent larger than the corresponding pool of Christmas-jingling baby boomers, according to a study by Nielsen.” Read more

 

Amazon has already made changes to its new try-before-you-buy Prime Wardrobe service by Jason Del Rey at Recode. Read more

 

‘We’re not lazy, we’re old’: 71-year-old worker at Costco wins right to sit on the job at CBC News. “When Gourdeau decided to bring his own bench from home, he said he was told by management to either get rid of the bench or go home. “So I took my bench, and I got the hell out of there,” he said. “I didn’t quit, I came back. They didn’t fire me.” Read more

 

Target pulls fidget spinners over lead concerns by Sean Rossman at USA Today. Read more

 

This Robot Swarm Finishes Your Grocery Shopping In Minutes by Jesus Diaz at Fast Company. “Could Ocado one day license its tech to other e-commerce companies working with the same challenges? The company says it’s already doing that with Morrisons, one of the big four chain of supermarkets in the UK.” Videos/Read more

 

American Girl opening new NYC flagship store with salon, café by David Schuyler at Milwaukee Business Journal. Read more

 

Why Millennials Crave Cold Coffee by Julie Jargon at Wall Street Journal. “U.S. retail sales of refrigerated ready-to-drink coffee rose 29% in the 52 weeks ended Sept. 10 to more than $289 million, according to market researcher IRI.” Read more (subs.)

 

Dollar General is expanding in rural Midwest, presenting a threat to small-town grocery stores by Barbara Soderlin at Omaha World-Herald. Read more

 

Coming to a Theater Near You: Subscriptions, Toys and Downloads by Anousha Sakoui at Bloomberg. Read more

 

“Mr. Costco” dies after long bout with cancer by Denis Cuff at East Bay Times. “He wore tropical-themed shirts and Superman socks emblazoned with little capes. “If Arlie saw a child in danger of traffic in our parking lot, he would run out to protect them even if he put himself at risk,” said Ken Wooten, the Danville store manager. “I told him he had to watch out.” Read more

 

Tipsheet Extra Stories

The Big Money Behind Naming A “Color Of The Year”

Vatican will stop selling cigs in its shops – was making $11 million/yr profit on tobacco

Costco shopper chases van that hit his car – dragged to death after confronting man

With New Café, Tiffany & Co. Realizes the Promise of Breakfast at Tiffany’s

Bill Gates buys 25K acres near Phoenix to build ‘smart city’

Budweiser’s Ex-Marketing Chief Sees Weed as the New Craft Beer

Amazon expands its Influencer Program to Twitter and Instagram, in addition to YouTube

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Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

Tipsheet: WM Sr. Leader Sls Contest | Target Fidget Response | WM LGBT Score Yanked

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JCPenney Q3 Comp Sales +1.7% “Marvin R. Ellison: “During the third quarter, we took aggressive actions to clear slow-moving inventory, primarily allowing for an improved apparel assortment heading in to the Holiday season.” Press release

 

…Fox Business: J.C. Penney’s same-store sales come in above its estimates “Net loss widened to $128 million, or 41 cents per share, in the quarter ended Oct. 28, from $67 million, or 22 cents per share, a year earlier.” Read more

 

Wal-Mart’s Web Push Includes Turning Marc Lore Into Yoga-Mat Salesman by Matthew Boyle at Bloomberg. “U.S. Chief Technology Officer Jeremy King, meanwhile, is working on pitching abdominal-toning machines. And the e-commerce unit’s chief revenue officer, Scott Hilton, is overseeing exercise balls. They’ve been locked in a 90-day contest since Oct. 5 to see who can improve the performance of their assigned product category.” Read more

 

Will Amazon delivery app raise home insurance rate? There’s a good chance by Frank Witsil at Detroit Free Press via Chicago Tribune. “What if someone gets injured — slips on a wet floor — while delivering? What if a pet gets out or violently attacks the delivery person?  What if the front door doesn’t get closed, or the system is hacked? “In any of those situations, will Amazon be held liable or will the homeowner be at fault?” said Michael Macauley.” Read more

 

Nordstrom Q3 total company comp sales -0.9% “Nordstrom brand: including U.S. and Canada full-line stores and Nordstrom.com – comparable sales decreased 1.9 percent…Nordstrom Rack brand: comparable sales increased 0.8 percent.” Press release

 

…CNBC: Nordstrom shares fall as sales at its growth engine Nordstrom Rack stall “Nordstrom said (Rack) stores were stuck with merchandise that customers were not buying, but was unable to quickly replenish with more popular items. It said it is working to rectify those issues.” Read more

 

Target insists lead-laced fidget spinners found in toy aisle aren’t intended for kids by Joe Vitale at NY Post. “The two fidget spinners cited in your letter are clearly marked on the package ‘appropriate for customers 14 and older,’ and are not marketed to children,” a Target official wrote in an email shared with Business Insider. “As a result, the fidget spinners identified are not regulated as toys or children’s products and are not required to meet children’s product standards.” Read more

 

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Dillard’s Q3 Comp Sales -1.0% Press release

 

Alibaba’s Singles Day Faces Fatigue in China by Liza Lin at Wall Street Journal. “…almost a decade in, Singles Day is starting to lose its cachet, according to a survey by marketing data firm AdMaster. Less than 65% of the consumers polled said they would participate in this year’s Singles Day, versus 84% in 2015.” Read more (subs.)

 

Macy’s Q3 comp sales: owned basis -4.0%, owned plus licensed basis -3.6% Press release

 

Amazon faces fines following the death of a second warehouse worker in as many months by Jason Del Rey at Recode. “Amazon could face $28,000 in potential fines after an inspection by the state of Indiana found potential workplace safety violations at a warehouse where a 59-year-old worker was killed in late September.” Read more

 

Canadian Tire starts home delivery rollout to challenge Walmart and Costco by Hollie Shaw at Financial Post. “same-store sales…+4.7 per cent in the period ended Sept. 30 at Canadian Tire’s retail stores.” Read more | Press release

 

Wal-Mart’s Perfect LGBT Equality Score Suspended After Employee Complaints by Jeff Green at Bloomberg. “Two investigations by the U.S. Equal Employment Opportunity Commission “pointed to significant enforcement gaps in Wal-Mart’s non-discrimination policy, specifically with regards to sex and gender identity,” according to the Human Rights Campaign report. “Pending remedial steps by the company, the CEI rating is suspended.” Read more

 

…Scoring 100: Amazon, Kroger, CVS, Costco, Walgreens…Read report

 

J.Crew approached Amazon about a sale, chairman Mickey Drexler says by Jason Del Rey at Recode. “We went to visit some of his team members on that,” Drexler said of Amazon CEO Jeff Bezos in an interview with Andrew Ross Sorkin on Thursday. “And to me, it would have been an extraordinarily smart thing to do.” “I thought Walmart should have done it, too,” he said. “I thought Target should have done it. The thing that these big companies need is creativity.” Read more

 

Brands are having a big impact in the produce department by Angelica LaVito at CNBC. “Branded products’ dollar share gained 7.7 percentage points in that time period, lifting the group to 38.5 percent of the total. Unbranded produce, meanwhile, lost 8.6 percentage points…Branded produce represents 72 percent of the $1.1 billion produce snacking category, according to Nielsen.” Read more

 

Walmart’s “Outside The Box” Podcast Is Engaging, But… by Jeff Beer At Fast Company. “The podcast recently wrapped up its first eight-episode season and will return with a second season in 2018…It’s good content, but I can’t quite shake the feeling that the Outside the Box doesn’t feel all that Walmart-y.” Read more

 

Amazon will open pop-up stores inside Whole Foods to sell more devices for holiday season by Taylor Soper at GeekWire. “The pop-up stores will open next week at Whole Foods locations in Chicago, Ill.; Rochester Hills, Mich.; Davie, Fla.; Pasadena, Calif; and Denver, Colo.” Read more

 

Tipsheet Extra Stories

Franchisees to Boycott Annual 7-Eleven Trade Show

Walmart shopper wins $7.5M verdict after he tripped when buying a watermelon

South Carolina slaps a $500 million price tag on Amazon’s sales tax obligations over five years

Jony Ive’s perfect magazine is one with no content

Kids clothing store recalls tens of thousands of baby’s jackets over choking fears

Tourists came to San Diego for Metallica, left with hepatitis A

Retailers are charging the same prices across US, boosting income inequality

Jewelers Are Still Struggling a Year After India’s Cash Ban

Read Tipsheet Extra Stories

 

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

 

Tipsheet: ‘Amazon Amendment’ Shocker | Kohl’s +0.1% | WM Exec Speaks w/Students

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Monopoly critics decry ‘Amazon amendment’ by Ali Breland at The Hill. “The amendment, Section 801 of the National Defense Authorization Act (NDAA), would help Amazon establish a tight grip on the lucrative, $53 billion government acquisitions market, experts say. The provision, dubbed the “Amazon amendment” by experts, according to an article in The Intercept, would allow for the creation of an online portal that government employees could use to purchase everyday items such as office supplies or furniture.” Read more

 

Kohl’s Q3 comp +0.1% Press release

 

Wal-Mart holds holiday hours steady, with heavy focus online at CNBC. “New this year, Wal-Mart will no longer be handing out wristbands in advance of Black Friday for coveted items like TVs and iPads…”We feel good about inventory” this year, Wal-Mart’s chief merchandising officer, Steve Bratspies, said on a call with the media. “We don’t think we need wristbands this year.” Read more

 

Postmates Adds Grocery Delivery, Undercutting Amazon on Price by Olivia Zaleski at Bloomberg. “The new service charges $3.99 for delivery on each order or $9.99 a month…Instacart charges $5.99 to $7.99 depending on delivery time, plus a service fee…Postmates plans to roll out Fresh on Wednesday in New York, Los Angeles and its hometown of San Francisco to start.” Read more

 

Office Depot beats Q3 estimates despite hurricane impact at MarketWatch via Yahoo Finance. “Sales fell to $2.620 billion from $2.836 billion, but beat the FactSet consensus of $2.610 billion.” Read more

 

Alibaba Prepares a Grand Retail Experiment for This Singles’ Day by Lulu Yulen Chen at Bloomberg. “This year comes with a twist: the e-commerce titan has enlisted 10 percent of China’s convenience stores, about 600,000 outlets, to hawk goods and get billions of parcels shipped to customers nationwide.” Read more

 

Wal-Mart exec Blaine Douglas shares global leadership experience with students by Kim Souza at Talk Business. “Right now it’s private label. We are working on having the ability to track all of product’s specifications for every item worldwide. If stores in Chile want to add a private label salsa they can log into the system and get the exact recipe and supplier information from say Mexico or anywhere else in the world they want,” Douglas said during his 45-minute conversational talk.” Read more

 

Ahold Surges After Q3 Beat Press release

 

Former Whole Foods co-CEO Walter Robb joins board of Colorado Springs startup, provides ‘sizeable’ investment by Bill Radford at Colorado Springs Gazette. “Through an online marketplace, FoodMaven buys surplus food from grocery stores and distributors and sells it to restaurants, institutional kitchens and commercial food preparation businesses.” Read more

 

Kroger is using Google and Microsoft clouds to avoid paying Amazon by Ari Levy at CNBC. “For obvious reasons competitively, it doesn’t make sense for us to do a ton to help grow that business for them,” Chris Hjelm, Kroger’s chief information officer, told CNBC in an interview.” Read more

 

**A message from i-on – New & innovative antimicrobial handsink delivers 99% reduction of E-coli & Staph! Infused with Silver Ions to inhibit growth of millions of germs. On-trend with need for foodborne illness solutions. Install in restaurants, hospitality, schools, hospitals, home & utility to create a Handwashing Only Zone. See it now | Request sample @ info@shiftmarketinggroup.net

 

Retailers Dig Deeper to Find Holiday-Season Workers by Eric Morath at Fox Business. “David Townes said a previous heroin addiction derailed his work as a collections agent and a court clerk…The 59-year-old attended a job fair in Baltimore this fall…Days later, Macy’s hired him as a sales associate for a Towson, Md., store.” Read more

 

Best Buy, other retailers launch Black Friday deals early by Kavita Kumar at Star Tribune. “Best Buy offered more than a dozen Black Friday deals early last year, but this year it has gone further by offering early access to hundreds of Black Friday promotions on everything from iPad minis to 4K TVs and Beats Studio 2 wireless headphones.” Read more (tiered subs.)

 

SpartanNash Q3 retail segment comp sales -2.5% Press release

 

Burberry Plunges on Concern Over Cost of CEO’s Move Upmarket by Robert Williams & Eric Pfanner at  Bloomberg. “Burberry said it will continue to cut its exposure to “nonluxury” retail outlets as the new chief focuses on fixing Burberry’s business in the U.S.” Read more

 

Amazon is selling its own private label diapers again, now under the Mama Bear brand by Sarah Perez at TechCrunch. “However, shoppers will have to request an invite to purchase the items, as they’re still being launched.” Read more

 

Chico’s Picks The&Partnership as Its Creative and Media Agency of Record by Lindsay Rittenhouse at Adweek. Read more

 

A One-Day Apple iPhone X Sale Is Coming to Sam’s Club by Don Reisinger at Fortune. “Sam’s Club will be holding a one-day sales event on November 11, where it will be offering Apple iPhone X customers a $250 in-store card and a waived activation fee.” Read more

 

Neiman Marcus says Harvey Weinstein Wife’s Fashion Brand Sales are “Fantastic” by Booth Moore at The Hollywood Reporter. Read more

 

Amazon’s ad business will get another boost with the rollout of a new API for self-serve ads by Shareen Pathak at Digiday. Read more

 

lululemon’s Lee Holman, EVP and Creative Director, resigns for personal reasons Press release

 

Amazon 2017 Holiday TV Spot at Adweek. Video/Read more

 

Survey: 16.22 percent favor Thanksgiving openings, with 5.60 percent saying they strongly favor it Read more

 

Tipsheet Extra Stories

‘Stranger Things’ fans crash Minnesota museum’s website buying $400,000 worth of dinosaur hoodies

Voice-enabled smart speakers to reach 55% of U.S. households by 2022

Gucci won a battle against Forever 21 in a war over stripes

How the Salesforce-Google deal will help companies buck Amazon

Walmarts in Central Florida reportedly listed as homes by sex offenders

Kwik Trip sued for deadly caramel apple

‘He was bait’: Family dog dies after being attacked at PetSmart

Read Tipsheet Extra Stories

 

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

Tipsheet: Bdale’s Moving 1K | Target Shutters 12 | Lowe’s +70 Smart Home

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Apple to Ramp Up Work on Augmented Reality Headset by Mark Gurman at Bloomberg. “Apple Inc., seeking a breakthrough product to succeed the iPhone, aims to have technology ready for an augmented-reality headset in 2019 and could ship a product as early as 2020. Unlike the current generation of virtual reality headsets that use a smartphone as the engine and screen, Apple’s device will have its own display and run on a new chip and operating system, according to people familiar with the situation.” Read more

 

Amazon Accused of Withholding Merchants’ Money by David Meyer at Fortune. “Some of Amazon’s third-party sellers in Germany have accused the U.S. giant of failing to transfer them the money they are owed…The problem, reported by the Federal Association of Online Merchants (BVOH), appears to have arisen over the last week…many merchants have not been able to withdraw their money from those accounts since 30 October, the BVOH said.” Read more

 

Target to close 12 underperforming stores at CNBC. “The stores being shuttered include those in: Minneapolis’ Twin Cities metro area (Hastings); Fergus Falls in outstate Minnesota; Harper Woods, Michigan (Eastland); Hutchinson, Kansas; Benton Harbor, Michigan; Macon, Georgia; Slidell, Louisiana; Lauderhill, Florida; Matteson, Illinois; Romeoville, Illinois; Baltimore (West), and San Antonio (Far East).” Read more

 

…Kansas shoppers to ‘mourn’ Target’s closing with candlelight vigil by Kaitlyn Alanis at Wichita Eagle. “The vigil to “corporately mourn the loss of our beloved Target” will take place at 7 p.m. on Friday, Feb. 2 in the Hutchinson Target parking lot, 1529 E 17th Ave. Oh, and the event is BYOC, so bring your own candles.” Read more

 

The Container Store Q2 Comp Sales +1.9% Press release

 

Lowe’s is bringing ‘smart home’ centers to 70 locations nationwide just in time for the holidays at CNBC. “On Tuesday, the home improvement retailer unveiled plans to launch so-called stores within its stores, in a partnership with b8ta, to sell and educate shoppers on smart home products.” Read more

 

Target Unveils ‘Hearth & Hand’ Home Goods Brand: Field Agent “We asked our group of shoppers what they think about Hearth & Hand displays and merchandise. Of the 12 women, all said the H&H displays were better—7 said “much better”—than other home goods displays they’ve encountered. Moreover, all but one said they were more likely to purchase H&H merchandise after shopping the displays.” Video/Read more

 

Kroger’s first restaurant is now open by Andy Brownfield at Cincinnati Business Courier. “…Kroger opened its Kitchen 1883 at its Union, Ky., Union Marketplace location on Nov. 7…Kitchen 1883 is named for the year Barney Kroger founded the company. It’s open for lunch and dinner every day as well as brunch on Saturdays and Sundays.” Read more

 

First arctic blast of season at Vencore Weather. “An overall upper-atmosphere pattern with “high-latitude blocking” is looking increasingly likely for later this month and that could result in more cold air outbreaks for the Mid-Atlantic region by the time Thanksgiving week rolls around.” Maps/Read more

 

Bloomingdale’s is moving 1K workers to Queens starting in 2020 by Lisa Fickenscher at NY Post. “The Bloomingdales employees, including Chief Executive Tony Spring, merchandise buyers, IT workers and clerical staff, will be moving to Queens from various office spaces throughout Manhattan, including the flagship Bloomingdale’s store on Lexington Avenue and 59th Street.” Read more

 

FREE OR FAST? 88% say free shipping is more important vs. 12% who say fast: Deloitte Press release

 

Walmart jumps from 65th to 5th in radio spots (Home Depot 1st) at Inside Radio. “Walmart announced multiple holiday initiatives and a new advertising campaign Nov. 1 titled “Rock This Christmas.” Now the huge discount retailer is showing it’s serious about getting the word out on radio, catapulting to No. 5 among all national radio advertisers for the week of Oct. 30 to Nov. 5.” Top 10 list

 

**A message from Lock-it Block-it – Leave windows open AND secure. The Lock-it Block-it is a high-impact security bar that allows windows to stay open AND secure at the same time. Great for sliding doors/windows too! Video | Sell sheet | Retailers request samples: info@shiftmarketinggroup.net

 

Jury Clears Dollar Tree in Calif. Pay Stub Class Action by Melissa Daniels at Law 360. “The jury found that Dollar Tree Stores Inc. provided workers with easy access to their electronic wage statements, ending an inquiry over whether any failure to provide easy access was intentional or caused any injuries.” Read more (subs.)

 

Wal-Mart Female Employees Try Again for Sex-Bias Class Action by Jordyn Holman at Bloomberg. “The case is part of the legacy of Dukes v. Wal-Mart Stores Inc., a 2001 suit that claimed the company had a pattern of discriminating against women in promotion, pay, training and job assignment.” Read more

 

Amazon expands into private label sportswear by Lindsey Rupp at Bloomberg. “Amazon is now selling at least two new product lines — Rebel Canyon and Peak Velocity — that appear to be internal brands, according to analysis by business-intelligence firm L2 Inc.” Read more

 

Trump administration moves ahead with Obama menu-label law via Denver Post. “At first glance, there appears to be some progress, showing that the FDA is listening to concerns,” Domino’s spokesman Tim McIntyre said in an email.” Read more

 

Teen fashion retailer Styles For Less files for bankruptcy at CNBC. Read more

 

Belk to give away $2 million (and a free home) to shoppers over the Thanksgiving weekend by Katherine Peralta at Charlotte Observer. “In addition to the giveaways, Belk is partnering with Habitat for Humanity to build a home for a local family…This is the first time Belk is giving away a home for the holidays, a spokesman said.” Read more

 

Apple Pay Cash launches in beta today, letting you send and receive cash in Messages by Matthew Panzarino at TechCrunch. Read more

 

Chicago ancient thermal bath facility is 2nd in U.S. by Robert Channick at Chicago Tribune. “The restoration and build-out took two years and cost $10 million, Barnett said.”…Aire has four locations in Spain, with New York opening the door to international expansion. Beyond Chicago, the company is planning to open facilities in Paris, London and a second New York location next year, with Copenhagen, Denmark, slated for 2019.” Read more

 

NBA rookie Lonzo Ball’s younger brother LiAngelo ‘among three UCLA freshman basketball players arrested and accused of shoplifting in China at Daily Mail. Read more

 

Tipsheet Extra Stories

Mother of 6 Fatally Shot While Working at Dollar General After Handing over Money

Study: Whole Foods, Walmart, Target viewed as ‘most transparent’

Google Wants to Help You Avoid Long Restaurant Lines

Craft Beer Fans Give New Life to 100-Year-Old Barley

For Amazon, The Future Of Alexa Is About The End Of The Smartphone Era

Nearly Half of Americans and Europeans Have Given Up on Owning Their Own Home

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

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Tipsheet: WM Pay Pass Apple? | Boxed Shows Off |

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Walmart Pay Threatens to Surpass Apple in U.S. Mobile Payments by Olga Kharif & Matthew Boyle at Bloomberg. “Available in 4,774 stores, Walmart Pay is enrolling tens of thousands of new users a day, up from thousands four or five months ago, said Daniel Eckert, who runs the business. Two-thirds of the customers who try it also use it a second time within 21 days, he said, giving him confidence Walmart Pay will surpass Apple Pay in the U.S. in terms of use by shoppers in stores where they’re accepted.” Read more

 

Free Shipping From Target, Best Buy Puts Scrutiny on Wal-Mart by Matthew Boyle at Bloomberg. “Target is waiving home-delivery fees for all holiday orders, the industry’s latest shipping promotion. Electronics seller Best Buy Co. has done the same.” Read more

 

…Target joins retailers in kicking off Black Friday deals early at CNBC. “…announced on Monday plans to offer “early access” shopping for its credit card holders on Nov. 22, the Wednesday before turkey day. That morning, more than 100 deals will go live on Target.com.” Read more

 

CVS to offer nationwide next-day delivery by Nathan Bomey at USA Today. “CVS CEO Larry Merlo said Monday that the company would begin offering the service in 2018. Stores in Miami, Boston, Philadelphia, Washington, D.C., and San Francisco will offer same-day delivery…The company will also offer free, same-day from all of its locations in Manhattan starting Dec. 4.” Read more

 

Gas Buddy – 5 Cleanest Restrooms: 1) Buc-ee’s, 2) Kwik Trip, 3) Kelley’s Market, 4) Hy-Vee Gas, 5) Weigel’s  Read report

 

…Fuel brands that captured the highest ratio of footfall per station: 1) Meijer, 2) Ricker’s, 3) Family Express, 4) Costco, 5) Thorntons  Top 10 list

 

Boxed shows off the automated tech it uses to ship toilet paper and more by Anthony Ha at TechCrunch. “We visited the Union facility, where the company says it ships out 40 to 50 percent of its orders, and where we talked to CTO Will Fong and Vice President of Distribution Rick Zumpano about how technology changes the shipping process. We also got a sneak peek at the autonomous guided vehicles (basically, self-driving carts) that will be involved in transporting goods in the other fulfillment centers.” Video/Read more

 

Department stores that would have stocked up for the biggest shopping season of the year months ago are still in the process of placing new orders, according to nearly a dozen sources by Nandita Bose at Reuters. Read more

 

Can Costco Convince the French to Buy Brie in Bulk? by Matthew Boyle & Robert Williams at Bloomberg. “…the store’s membership now totals 49,000 and is growing by about 900 a week, according to Swindells. Swindells said he’ll start the application process for a second site by the end of the year, and envisions about a dozen Costcos scattered around France over time.” Read more

 

**A message from Black Flag® – We take no prisoners. In the battle against indoor and outdoor pests, it’s every man for himself. Arm yourself with Black Flag insect and rodent controls. Our tough, no-nonsense formulas are packed with a powerful punch to make short work of home insect invaders. Whether you’re battling crawling, flying or stinging insects or fending off mice, when the flag flies, pests die. Let it Fly. Facebook page

 

Roy Price’s Alleged Trail of Drinking and Sexual Harassment Challenges Amazon’s Culture at Wall Street Journal. “Mr. Price appeared inebriated at a number of professional functions, people who worked with him said, and Amazon executives had to help him into a cab on one occasion…Some people in Hollywood also said they came to know Mr. Price as appearing aloof and often uninterested in the details of the multibillion-dollar business he ran for Amazon.” Read more (subs.)

 

Etsy Q3 total revenue +21.5% Press release

 

…Etsy shares seesaw despite better-than-expected quarterly sales at CNBC. “Etsy has performed experiments in four areas — trust and reliability, search, marketing, and seller tools — and has seen a key metric, gross merchandise sales, grow almost every week since late May.” Read more

 

Lidl halts construction on another Charlotte-area grocery store by Katherine Peralta at Charlotte Observer. “Records show Lidl bought the property at 3229 South Blvd. for $4.9 million in January 2016. Since then, buildings were cleared, but progress on the site slowed in recent months, and the property has become overgrown. Lidl won’t say what’s going on with the project.” Read more

 

Barnes & Noble opens 4th kitchen concept location by Paul Stephen at My San Antonio. “Barnes & Noble is opening a new store concept in Texas, and it means you can get a side of food, wine and beer with your books all in one place…joining existing locations in Folsom, California; Edina, Minnesota; and East Chester, New York, with a fifth coming to Ashburn, Virginia, later this month.” Read more

 

Bed Bath & Beyond Is Buyout Bait by Gillian Tan & Sarah Halzack at Bloomberg. “At just $2.8 billion in market value, or less than $20 per share, Bed Bath & Beyond is now noticeably cheap. With an enterprise value of a little less than 4 times forward Ebitda.” Value to Ebitda retail rank

 

Hobby Lobby pres. on TX church shooting: We’re reminded daily there is evil in the world by Matthew Wisner at Fox Business. Video/Read more

 

HBC Appoints Milton Pappas to Chief Marketing Officer Press release

 

$9,000 for a ball of yarn? Tiffany & Co. launches ‘everyday objects’ line, calls it art by Anthony Noto at New York Business Journal. Read more

 

Murray Koffler, Shoppers Drug Mart founder, dies at 93 by Francine Kopun at Toronto Star. “Koffler, born in 1924, took over his father’s two Toronto pharmacies when he was just 17 years old, following his father’s death.” Read more

 

Tipsheet Extra Stories

Jeff Bezos says this exercise convinced him to quit his Wall Street job and launch Amazon

EBay removes listings of Hawaii beach sand from its website

Exoskeletons make strides at Houston medical robotics symposium

Genetically modified apples are headed to grocery stores in the Midwest

Mall Landlord Taubman Sues Saks Fifth Avenue Over Puerto Rico Store (WSJ subs.)

Walmart shooter’s stepsister claims he was haunted by LSD trip gone wrong

29% of men plan to spend under $50 on the most expensive present they buy, compared to 40% of women

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

 

Tipsheet: JCP Ends Chief Merch Role | Bezos Gets Candid | Kroger’s Apparel Brand | CVS FE -2.8%

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CVS Q3 comps: pharmacy -3.4%, front end -2.8% Press release

 

…CVS tops 3Q profit forecasts, shrinks 2017 expectations via Yahoo Finance. “CVS Health Corp. said Monday that it now expects annual adjusted earnings of $5.87 to $5.91 per share, a forecast that counts charges due to hurricanes. That’s down from a forecast of $5.83 to $5.93 that it made in August.” Read more

 

JC Penney ditches chief merchandising role at CNBC. “Its current CMO John Tighe, will be leaving the company and will not be replaced, the retailer said on Friday…”This simplified structure offers greater flexibility, which is critical to ensuring our assortment remains fresh and relevant, and compels more shoppers to choose JCPenney,” said Penney CEO Marvin Ellison of the change, in a press release.” Read more

 

Jeff Bezos shows ‘unprecedented level of candor’ during interview with brother by Josh Constine at TechCrunch. “Jeff’s (grandfather) once tore the top of his thumb off. He had tried to jump out of his moving truck and unlatch the farm’s gate before the car slid through…He was so mad that he tore the top of the thumb off and threw it in the brush, then drove himself to the hospital…Pop just had the docs do a quicker skin graft from his butt. Jeff distinctly remembers how from then on “his thumb grew butt hair”.” Read more

 

Tomorrow’s Gas Station Will Charge Car, Feed You in 10 Minutes by Sandrine Rastello & Mikael Holter at Bloomberg.”A pit stop on a Norwegian highway in the middle of fields between Oslo and the Olympics town of Lillehammer will soon offer a glimpse of the future…At the Circle K in Dal…owners of the next generation of electric cars will within months be able to charge their battery in as little as 10 minutes — about one-third the time it now takes. While they wait, drivers can pop inside and wolf down a made-to-order burrito and other culinary items.” Read more

 

Amazon’s Alexa now lets users shop through Best Buy by Nat Levy at GeekWire. “This isn’t the first tie-in between Amazon and Best Buy. This summer, Best Buy began dedicating parts of more than 700 stores to showcase the abilities of smart speakers like the Amazon Echo and Google Home.” Read more

 

Kroger to launch apparel brand next fall at CNBC. “The brand will first roll out across Fred Meyer and Kroger Marketplace stores, which account for 300 locations nationwide, in late 2018. Kroger described the line as “modern,” “playful” and “simple,” and there will initially be sizes for children, young men, juniors, men and women. There will also be a focus on activewear, the company said.” Read more

 

**A message from deVaca – Give coffee drinkers what they want – a great tasting caffeine free, non-GMO coffee substitute. Grown & roasted in Colorado – Fill the natural caffeine free gap in your coffee assortment. Sell sheet & Package pic | Sample now: info@shiftmarketinggroup.net

 

Mills Fleet Farm steps on the accelerator by John Ewoldt at Star Tribune. ““In today’s environment, unique retailers can grow,” Prelle said. “KKR’s investment thesis from the beginning was to grow these stores.”…One new market for the company will be Illinois, where it will more directly encounter one of the few other chains like it in the Midwest, Blain’s Farm & Fleet.” Read more

 

Loblaw could be stoking another supplier showdown by Hollie Shaw at Financial Post. “Suppliers who use Loblaw’s distribution centres will have to pay a new fee of 0.79 per cent on the cost of goods for all shipments made after Dec. 31…The “strongly worded” letter discourages suppliers from discussing the new fee with Loblaw merchants, BMO Capital Markets analyst Peter Sklar said in a note to clients on Friday.” Read more

 

Amazon is cutting prices of products from third-party sellers to draw sales via CNBC. “Marketing the items at lower prices, however, risks angering Amazon’s third-party sellers, who instead could list their products elsewhere online. The move has drawn attention within Amazon Services’ seller forum.” Read more | WSJ article (subs.)

 

Michael Kors Q2 comp sales -1.8% Press release

 

Zara workers hiding tags in garments with pleas for wages via NY Post. “The tag reads “I made this item you are going to buy, but I didn’t get paid for it.” It urges shoppers to back their campaign and pressure Zara into paying them.” Read more

 

Amazon in Talks for ‘Lord of the Rings’ Series by Daniel Holloway at Variety. “Jeff Bezos is said by sources with knowledge of the situation to be personally involved in the negotiations, which are still in very early stages. No deal has been set. The studio and the Tolkien estate have been shopping a series based on the classic fantasy novels and their assortment of hobbits, wizards, and warriors, sparking a competitive situation from which Amazon has emerged as the frontrunner.” Read more

 

TJX is still paying their employees in Puerto Rico, despite the fact that their stores remain closed via Boston Herald. Read more

 

For the second time in as many years, hackers have compromised Verticalscope.com, a Canadian company that manages hundreds of popular Web discussion forums totaling more than 45 million user accounts at Krebs on Security. Read more

 

Whole Foods Predicts 2018’s Top 10 Food Trends at Fortune. Read more | Press release

 

Dollar General Announces Holiday 2017 Initiatives Press release

 

Amazon doubling Vancouver, B.C. workforce with new office with room for 1,000 people by Nat Levy at GeekWire. Read more

 

Tipsheet Extra Stories

Walmart employee fired after allegedly locking co-worker in freezer

Lego’s ‘Women of NASA’ set blasts off toy shelves

Why Ikea Asked 12,000 People What They Want From AI

Visa, Walmart End Fight Over $7.25B Card-Swipe Settlement (Law 360 subs.)

Jeff Bezos Sold $1.1 Billion Worth of His Amazon Stock

BP, Shell lead plan for blockchain-based energy trading platform

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net

Tipsheet: Ex-Target Comms Head Resurfaces | Lore Sells Modest Home | Meijer Writes Bio

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Amazon is shutting down its Fresh grocery delivery service in parts of five states by Jason Del Rey at Recode. “Amazon Fresh customers in parts of New Jersey, Pennsylvania, Delaware, Maryland and California have reported receiving the notices…An Amazon spokeswoman confirmed that Fresh is ending service in parts of these states, but made clear the service would remain serving certain areas of big cities such as New York City, Boston, Chicago, as well as Philadelphia and Los Angeles, among other metropolises.” Read more

 

Apple Store Lines Return as iPhone X Debuts by Tripp Mickle at Wall Street Journal. “People have been coming by and saying, ‘Do you know you can order it online?’” Mr. Eaton said. “I say, ‘Have you ever met people online?’ It’s about the experience.” Read more (subs.)

 

…Thieves steal more than $300,000 worth of new iPhones from a truck in San Francisco at CNBC. “The thieves, who have yet to be caught, broke into the truck while its driver had been making a delivery at the Stonestown Galleria shopping mall in San Francisco.” Read more

 

Marc Lore Just Sold His Modest New Jersey Home by Kathryn Hopkins at WWD. “Marc Lore…has quietly sold his four-bedroom, 2,508-square-foot brick colonial-style house for just under $900,000 in an off-market deal, WWD has learned. Many might have assumed that Lore lived in an opulent multimillion-dollar mansion, but he and his wife Carolyn actually called the unassuming Mountain Lakes abode home from 2006 when they paid $841,000 for it.” Pic/Read more

 

Retail mogul Hank Meijer writes political biography – in his spare time by Jim Harger at M Live. “When he wasn’t running his family’s growing chain of 235 hyper-markets in six Midwestern states, the 65-year-old billionaire was researching and writing “Arthur Vandenberg: The Man in the Middle of the American Century.” Meijer plans to unveil the book on Thursday, Nov. 2, at a sold-out event.” Read more

 

Accused Thornton Walmart gunman mostly kept to himself, neighbors and boss say by Kirk Mitchell & Tom McGhee at Denver Post. “He made me nervous because he always had a rifle in a case over his shoulder,” said Teresa Muniz, who lives in the same complex. She said her dog never bothers anyone but would growl whenever Ostrem walked nearby. “I would know it was him,” she said. She added: “He was evil! Evil!” Read more

 

…Other shoppers pulled guns but did not confront the killer by Kevin Simpson at Denver Post. Read more

 

Target’s former comms head, Dustee Jenkins, has resurfaced as Spotify’s global head of communications and public relations by Diana Bradley at PR Week. “Jenkins previously served as Target’s EVP and chief communications officer. She left the retailer after seven years in June. Katie Boylan, communications VP at Target, replaced her.” Read more

 

**A message from Fabe – Made in Italy – hand-crafted pillows prevent and relieve neck and back pain. Fabe’s Ergo Praxis pillow supports and aligns the head and neck to prevent cervical pain. Created in cooperation with Ludes University in Switzerland – it gets the body in the right position for a good night’s sleep. Ergo Praxis Specs | How the pillow is made video | Retailers request samples at info@shiftmarketinggroup.net. 

 

Organic Search Market Share in Retail Dominated by Macy’s, Not Amazon, in Q3 2017 by Matt Southern at Search Engine Journal. “Macy’s came in first place, followed by Nordstrom, followed by Amazon. That means, during the third quarter of 2017, Macy’s was more consistent at ranking in the top organic spots for high volume, relevant searches in the retail sector.” Top 10 list

 

Almost a third of web orders end up being sent back, vs. 9 percent of purchases at physical stores by James Ellis at Bloomberg. “The expense of processing and shipping boomeranged items can range from 20 percent to 65 percent of an e-tailer’s cost of goods sold, says United Parcel Service Inc.” Read more (tiered subs.)

 

Ralph Lauren’s Exit From Many Department Stores Is Helping Profits by Phil Wahba at Fortune. “While Ralph Lauren has made clear it wants less exposure to U.S. department stores such as Macy’s, which generate 25% of its global sales, and off-price chains, Louvet made clear the company doesn’t want out of such stores altogether.” Read more

 

L.L.Bean plans to give its stodgy image the boot at Boston Globe. Read (tiered subs.)

 

Sears Will Close 63 More Stores in January by Natasha Bach. “…it’ll shutter an additional 45 Kmart stores and 18 Sears stores across the country in late January.” Read more

 

What Men Really Want for Christmas (#1 Smartphone, #2 Cash/Gift Card) at Field Agent. Top 10 list

 

QuikTrip experiments with new in-store ‘beer cave’ by Rick Maranon at Fox 23 News. “The test was launched a couple of months ago, but the convenience store chain wanted to launch it quietly so it could study how customers would react without much fanfare.” Read more/Video

 

Tipsheet Extra Stories

Sellers are protesting against Amazon India’s returns policy by pulling back ads

This 28-year-old’s company makes millions buying from Walmart & Target & selling on Amazon

University of Arkansas only campus nationwide with UPS package locker

CBS Will Revive ‘Twilight Zone’

More Than 40 Million Fire Extinguishers Recalled

Step aside, Alexa. Make way for Oprah.

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Eye on Retail Tipsheet is must-read material for 20,000+ retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net