Tipsheet: WM Shooter Kills 3 | Costco Pulls Fireworks | Roz 44th Most Powerful

/in

 

Three people are ‘randomly’ shot dead inside a Denver Walmart at Daily Mail. “Avila said that the three victims were all in the same area near the front of the store at the time of the shooting. The gunman did not say anything during the shooting and walked back out and fled the scene in a red, four-door Mitsubishi Mirage.” Pic of suspect/Read more

 

…“The employees started screaming and the customers started screaming” as people began to flee the store, he recounted. “I ran out, too, because I didn’t want to get shot.” Reuters

 

Costco October Comp (ex. gas & f/x) + 5.6% (US +5.9%, Canada +2.8%) “Costco reported net sales of $10.02 billion for the month of October, the four weeks ended October 29, 2017, an increase of 10.1 percent from $9.11 billion during the similar period last year.” Press release

 

Publix gets Irma bump – Q3 comp sales +4.3% “Publix’s sales for the third quarter of 2017 were $8.5 billion, a 6.2 percent increase from last year’s $8 billion…estimates sales increased 3.1 percent due to the impact of Hurricane Irma for the third quarter of 2017.” Press release

 

Rosalind Brewer is the 44th most powerful woman in the world: Forbes Top 100 list

 

Wayfair Q3 Total Net Revenue +39.1% “In the third quarter of 2017, 45.4% of total orders delivered for our Direct Retail business were placed via a mobile device, compared to 40.3% in the third quarter of 2016.” Press release

 

Amazon Consolidates Its $1 Billion-Plus Global Media Buying Business With IPG Mediabrands by Patrick Coffee at Adweek. “An internal memo went out to staff this afternoon. The winning team will promote Amazon’s ecommerce hub, assorted tech products and Prime subscription service around the world. The review’s final round saw a Publicis Media conglomerate face off against a “holistic solution” group consisting of teams drawn from multiple IPG agencies including Initiative.” Read more

 

Costco removes fireworks from website after investigation at CTV News Vancouver. “Those looking to buy fireworks in Vancouver must be at least 19 and have a permit, which can be acquired online through the city, but Costco’s website allowed shoppers to buy fireworks bundles worth as much as $1,500 without asking for age or permit.” Read more

 

**A message from deVaca – Give coffee drinkers what they want – a great tasting, non-GMO, all-natural 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

 

Lights out at Gordmans: Bankruptcy is over; unsecured creditors get 5 to 11 cents on dollar by Russell Hubbard at Omaha World-Herald. “At the upper end, that is a little more than half the 20 cents on the dollar recovered by unsecured creditors of Enron.” Read more

 

Love’s Travel Stops Completes Acquisition of Speedco “With the addition of Speedco’s 52 locations, the number of Love’s-operated tire service and lube facilities climbs to more than 320.” Press release

 

Target sets Nov. 11th opening date for new small store near Univ. of Texas campus by Gary Dinges at American-Statesman. Read more

 

Hudson’s Bay Co shares surge after confirming offer for its German retail chain via Vancouver Sun. “Hudson’s Bay Co. says it has received an offer from European retail competitor SIGNA Holding for its German department store chain Galeria Kaufhof and other real estate assets.” Read more

 

Kohl’s holiday sales come early this year at CNBC. “On the same day it introduced its holiday plans, Kohl’s for one day only was offering shoppers $15 in Kohl’s Cash for every $50 spent in stores and online. The company said it’s using the day to set the tone for the holiday shopping season “in a big way.” Read more

 

Amazon launches augmented reality iPhone feature to see virtual products in real world before buying by Todd Bishop at GeekWire. Read more

 

Jewel-Osco to jump into e-commerce next week with new delivery service by Greg Trotter at Chicago Tribune. “Unlike some competitors…that partner with third-party services, Jewel is handling order fulfillment and delivery itself — though Jewel shoppers will continue to have the option to use Instacart instead.” Read more

 

Michael Kors Wants Customers to Feel Like They’ve Met Michael Kors by Stephanie Hoi-Nga Wong at Bloomberg. “In addition to redesigning its shops and increasing its product catalog, it’s relying less on department stores — a channel that’s marred the brand by associating it with deep discounts. And Michael Kors plans to add the personalized recommendations to a new mobile app, which will be offered next year.” Read more

 

Hy-Vee delays Austin distribution center project by Dan DeBaun at Minneapolis/St.Paul Business Journal. “We currently own and operate distribution centers in Cherokee, Iowa, and Chariton, Iowa,” a statement from Hy-Vee spokeswoman Tina Potthoff reads. “We will now evaluate the need for a third distribution center in Austin within the next several years.”..Hy-Vee…plans to open a new online-shopping fulfillment center somewhere in the Twin Cities area in the upcoming years.” Read more

 

Murphy USA Q3 Beats Street at Talk Business. “…posted net income of $67.9 million, $1.90 per share, compared to year ago net income of $45.5 million, or $1.16 per share. Total revenue jumped 6.7% to $3.2 billion, compared to $3 billion in the same period a year ago.” Read more

 

Canada: Competition Bureau’s bread price-fixing probe leaves experts surprised by Francine Kopun at Toronto Star. “We’ve been in deflationary mode since June 2016 on bread and rolls. Between May 2016 and September 2017, the Consumer Price Index for bread and buns has dropped nearly six per cent,” said Grier.” Read more

 

Amazon Is Already Offering Black Friday Deals Press release

 

Gap is selling subscription boxes for kids through Old Navy, after a successful run with baby clothes at CNBC.  Read more

 

Behind Amazon Studios’ Executive Purge as New Details Emerge by Kim Masters at The Hollywood Reporter. “Several sources say the Seattle-based online giant’s overall approach to hiring, which involves an extensive interview process known as “the Loop” as well as a basic background check, is not designed for Hollywood. “It’s all about how you perform in interviews as opposed to doing a deep dive,” says one person with firsthand knowledge of the process.” Read more

 

Dollar General Assistant Manager chases shoplifter in her car  – retreats when he starts shooting at her at KMOV 4 St.Louis. “Whitley said she’s learned her lesson about chasing shoplifters but is it still upset about the theft. “I don’t like thieves, hate them. They’re no use,” said Whitley.” Video/Read more

 

Tipsheet Extra Stories

Amazon just bought three domain names related to cryptocurrency

Thousands pack into Legion Hall to win $700K jackpot in Queen of Hearts drawing

33% of 18-29-year-olds comfortable with letting Amazon open their door

A Behind-the-Scenes Look at How Hershey’s Got Ready for Halloween

More chocolate with unnamed ingredient is recalled from major retailers

Quebec retailers favor bill to force online businesses based outside Quebec to charge sales tax

Read Tipsheet Extra Stories

 

***

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: Watchdog Raids Canada Retailers | Target Chief Creative Iview | WM Eyes Sun. Deliv

/in

 

CANADIAN BREAD CARTEL? – Canadian watchdog raids offices of grocery retailers in bread price-fixing probe by Francine Kopun at Toronto Star. “The Ontario Superior Court of Justice in Ottawa granted search warrants based on evidence that there are reasonable grounds to believe that certain individuals and companies have engaged in activities contrary to the Competition Act,” according to a statement issued by the bureau late in the day.” Read more

 

Wal-Mart will hold parties in its stores this holiday season at CNBC. “Walmart plans to hold more than 20,000 parties at its stores over the next two months, with the first event, called “Toys That Rock,” taking place nationwide this Saturday. Wal-Mart’s other events will include “Parties That Rock” and “Gifts That Rock,” where attendees can receive curated gift guides and toy catalogs. Its overarching holiday marketing campaign this year is dubbed “Rock This Christmas,” the company announced Wednesday.” Read more

 

…Wal-Mart Says Fingerling Toy in Short Supply as Shopping Begins by Matthew Boyle at Bloomberg. “Fingerlings — plastic monkeys that hang onto a child’s finger, blink their eyes and blow kisses — were featured in Wal-Mart’s list of the top toys of the season…“It’s Hatchimals all over again,” said a commenter on a Reddit board frequented by Wal-Mart employees, referring to last year’s biggest toy craze. “We get four cases at a time, they’re gone by the next day.” Read more

 

…Wal-Mart triples online items, lowers prices as holiday season kicks in by Nandita Bose at Reuters. “Walmart tripled its online selections for the holiday season to 60 million items, and that it would provide free two-day shipping on more than two million products when the order size exceeds $35. It said it would also offer discounts for online orders picked up at its stores.” Read more

 

Best Buy Stops Selling This Version of the iPhone X After Uproar Over the Price by Jonathan Vanian at Fortune. “Although there was clearly demand for the unactivated iPhone X, selling it that way cost more money, causing some confusion with our customers and noise in the media,” a Best Buy spokesperson told Fortune in a statement.” Read more

 

Postal Service eyes next-day Sunday delivery for holidays by Hope Yen at AP via Washington Post. “The Postal Service hasn’t disclosed which stores may sign onto the new pilot program…“It’s one of the ideas Walmart is looking at,” company spokesman Ravi Jariwala told The Associated Press…Best Buy and Target, which recently added speedier holiday shipping options, declined to comment on the program.” Read more (tiered subs.)

 

Target store staff can now create online orders for customers when local merchandise is unavailable by Sarah Perez at TechCrunch. “Target announced a new app called “myCheckout” for its store staff that will allow them to process online transactions on the customer’s behalf, including taking payments, right from the store’s floor when merchandise is unavailable locally.” Read more

 

**A message from Hot Shot – There’s no place like home. And when you rule the roost, you do it all… keep the peace, dry the tears, mop up the messes – even squash the spiders. When bugs cross your threshold, count on Hot Shot® brand for practical, easy-to-use, effective home insect solutions that take care of the creepy-crawlies for you – without breaking the bank. Save the Day. Facebook page

 

Inside the Decline of Sears, the Amazon of the 20th Century by Suzanne Kapner at Wall Street Journal. “In weekly management meetings, Mr. Lampert pushes executives to drive harder bargains with suppliers, arguing that the vendors need Sears as much as it needs them, people familiar with the matter said. In one recent meeting, he said Kmart’s grocery team wasn’t delivering low-enough prices, and threatened to bring in professional negotiators, according to a person who was present.” Read more (subs.)

 

The New York City Attack Suspect Drove a Home Depot Truck at Daily Mail. Read more

 

Target Decorates House Brand in Holiday Campaign by Adrianne Pasquarellli at Ad Age. “In Target’s first holiday spot, two children—and Bullseye! the dog—find a house in need of some holiday spirit. So they enlist characters representing almost every name from the retailer’s toy shelf, such as Barbie, Lego Bagman, minions, My Little Pony’s Pinkie Pie, Darth Vader and Trolls, to decorate the house for a “super special family.” Running Nov. 1, the spot is the first of 10 focusing on how the kids and toys get the home.” Read more (tiered subs.)

 

Big 5 Sporting Goods Q3 Comp Sales -2.9% “For the third quarter, same store sales in our hardgoods category declined in the mid-single-digit range, reflecting the continued reduced demand for firearm-related products, and same store sales in our apparel and footwear categories were slightly down.” Press release

 

Target’s Chief Creative Officer On How To Build A Powerful Brand by Paulina Guditch at Forbes.”Todd Waterbury grew up in a small Illinois town of 400 people. His school was so small that it didn’t have an arts program. So, he took a bus every week to another school, 20 miles away…Waterbury shared three strategies for building a powerful brand: 1.Earn your audience’s attention, 2. Build bonfires, 3. Balance inevitability and surprise.” Read more

 

Retailers dominate ‘worst-paying American companies’ list (Macy’s #12, Target #4, Kroger #2, Walmart #1) at 24/7 Wall Street. List of 25

 

H-E-B pilots delivery across 100 stores by Kristen Mosbrucker at San Antonio Business Journal. “…with store employees handpicking orders, bagging the groceries and handing them to independent drivers for delivery…H-E-B’s mobile app and website connects with independent delivery drivers working with Shipt, Instacart and Lash for the hybrid model.” Read more

 

Boxed adds Pay with Google to its checkout page by April Berthene at Internet Retailer. Read more

 

Big Media Makes Late Push to Kill Advertising Levy in Tax Bill by Matthew Townsend at Bloomberg. “The proposal being considered would allow marketers…to deduct only half of advertising costs immediately, according to people familiar with the situation.The rest of the expense would spread out over five years, said the people, who asked not to be named because the talks are private.” Read more

 

Tipsheet Extra Stories

Woman in blackface costume at Staples store stuns customers

A mysterious message is locking Google Docs users out of their files

Investor opens Rally’s in Walmart across from retailer’s home office for ‘front row seat’

LuLaRoe hit with $1 billion lawsuit from work-at-home sellers

Tech execs admit they can’t stop Russian social media meddling

US private sector adds 235,000 jobs in October: ADP

Read Tipsheet Extra Stories

 

***

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