Tipsheet: Sam’s New Layout Center | Toy Shortage? | WM NYC Deliv Chief Out
Early Amazon investor John Doerr is convinced Jeff Bezos will roll out Prime Health at CNBC. Read more Sam’s Club planning to build corporate childcare facility by Paul Gatling at Talk Business. "Sam’s Club wants to build its development on land it owns at 2300 S.E. S St...expected to be about 17,500 square feet and will hold about 170 children including infants, toddlers, 2-year-olds, pre-K and kindergarten prep." Read more ...Sam's Club new layout center opened yesterday "The new building replaces the existing 134,000-square-foot layout center in Springdale, inside a former Sam’s Club store...Shelley Latham, a senior [...]
Tipsheet: D.Tree +1% | Amazon Sneaks Baby Ads | Inside Sam’s Club Now | WM Prints Teen’s #
Dollar Tree Enterprise comp sales +1.0%: Family Dollar -0.4% / Dollar Tree +2.3% Press release Express Q3 comp sales flat Press release Kirkland's Q3 comp sales +1.4% Press release SNEAKY - Amazon is sneaking ads into baby registries at Fast Company. "And the ads look so similar to actual products requested by parents that many of them have ended up buying the products that Amazon put on their list...The Wall Street Journal investigated the problem and found that Amazon charges $500,000 for registry ad placements, and sells three of them every quarter." Read more | WSJ article (subs.) [...]
Tipsheet: Burlington Beats | Tiffany Misses | Chico’s Craters
Burlington Q3 comp sales +4.4% Press release ...Burlington Earnings Growth Crush Estimates; Stock Soars at Investor's Business Daily. Read more Tiffany Q3 worldwide net sales +4.0% Press release ...Tiffany misses sales estimates on weak spending by Chinese tourists at Reuters. "Tiffany’s comparable-store sales, excluding the impact of currency changes, rose 3 percent, while analysts on average were expecting a rise of 5.3 percent, according to IBES data from Refinitiv." Read more Walmart's cyber-savvy execs Andy Dunn and Barbara Messing help lead the way in digital by David Gianatasio at Adweek. "This absolutely is a startup,” [...]
Tipsheet: Cyber Mon +19.3% | SCOTUS Skeptical of Apple | CVS/Aetna Approved
Cyber Monday sales break a record, with $7.9 billion spent online: Adobe at CNBC. "...an increase of 19.3 percent from a year ago...Mobile transactions by themselves grew 55.6 percent Cyber Monday compared with last year to reach $2.2 billion in sales." Read more ...Cyber Monday was Amazon’s single biggest shopping day in the company’s history at Fast Company. Read more CVS, Aetna win final state approval for their merger at CNBC. "...now expect the deal to close "on or about" Nov. 28, the companies said Monday in regulatory filings. The companies had been expecting to finalize the [...]
Tipsheet: B.Fri Online +23.6% | C.Mon +18%? | Lowe’s Maintenance
Cyber Monday to test limits of retailers' websites as shoppers scour deals at Reuters. "...expected to be the largest U.S. online shopping day in history, yielding $7.8 billion in sales or 17.6 percent growth over last year, according to Adobe Analytics." Read more Lowe's, J.Crew, Lululemon, Walmart, and Ulta experienced problems with their websites crashing on Black Friday at Business Insider. "Lowe's apologized to customers on Twitter and temporarily shut down the site. It was relaunched on Friday afternoon around 2.30 p.m. ET." Read more Airbnb hires Amazon VP Dave Stephenson as CFO ahead of its anticipated IPO [...]
Tipsheet: WM Asks Fire Survivors to Leave | Target & Lowe’s Call Hi-Lites
Walmart asks California 'Wallywood' fire survivors to move on by Molly Sullivan & Ryan Lillis at Sacramento Bee. "Multiple evacuees interviewed by The Sacramento Bee Tuesday before the Walmart notice was posted said they wanted to stay close to Paradise in the hopes that evacuation orders would soon be lifted...“We’re not leaving because this is the area that we know everything,” said Jim Sampson, from a tent that he is sharing with his friend Brenda Wilson." Read more Gap Q3 comp sales flat: Old Navy +4.0% / Gap -7.0% / Banana Republic +2.0% Press release Amazon employees [...]
Tipsheet: Messing Outs WM | Lowe’s Exits Mexico | Bezos New Shadow | TJX +7%
Target Q3 Comp Sales +5.1% / Traffic Growth +5.3% / Online +49% Press release ...Target shares slide after disappointing 3Q earnings results by Anne D'innocenzio at AP. "Target exclusively told The AP that it’s redesigned the pack stations, while workers’ tasks are now divided into clear roles: pickers, those who prep orders, packers and sorters...They’re also armed with new apps on their phones that help them navigate the store to find the online orders more quickly..." Read more Lowe's Q3 Comp Sales +1.5% / US + 2.0% Press release ...Lowe's to exit Mexico operations and Iris [...]
Tipsheet: Waterfront Publix | Carell as Bezos | 55% Shop Before B.Friday
Florida sues Walgreens, CVS over opioid sales at CNBC. "CVS spokesman Mike DeAngelis called the lawsuit "without merit" in a statement Saturday...Walgreens said Saturday it doesn't comment on pending lawsuits." Read more J Crew's CEO is stepping down less than two years into the job at CNN. "...the company said that Jim Brett was leaving because of a disagreement with the board of directors over how to "evolve" J Crew. Four senior executives will share CEO responsibilities." Read more Steve Carell as Jeff Bezos on ‘Saturday Night Live’ trolls Trump by Kurt Schlosser at GeekWire. "As fake Bezos [...]
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