Tipsheet: Costco +5.4% | Wegmans #16 w/Gen Y | Amazon Retrain 100K

 

Costco June comp sales +5.4% (U.S. +6.3% / Canada +2.8% / Other Int’l +3.1% / Ecom +15.7%) Press release

 

Amazon plans to spend $700 million to retrain a third of its US workforce in new skills at CNBC. “The planned program is among the biggest corporate retraining initiatives ever announced, at a cost of roughly $7,000 per worker, or $700 million, the Journal said.” Read more

 

75 Best Large Workplaces for Millennials (Wegmans #16, Publix #34) at Fortune. List

 

Udelv partners with H-E-B on Texas autonomous grocery delivery plot by Darrell Etherington at TechCrunch. “This initial phase only covers one car and one store, and during this part of the pilot the vehicle will have a safety driver on board. But the plan includes the option to expand the partnership to cover more vehicles and eventually achieve full driverless operation.” Read more

 

Amazon apologizes after fining a college student $3,800 for returning a rented textbook 4 days late by Paige Leskin at Business Insider. “When I pointed out to him that the sum was exorbitant, he kept apologizing that I was frustrated, but that this was Amazon’s policy,” SanFilippo’s father told The Inquirer about the call with customer service.” Read more

 

Microsoft set to open first store in Europe by Nat Levy at GeekWire. “Microsoft pulled back the curtain on its first-ever retail outpost in Europe, a three-story mega-store just down the street from an Apple location in London’s signature shopping district. Set to open Thursday, the store is one of the company’s largest yet at more than 21,000 square feet.” Read more

 

Goldman says buy UPS, FedEx because concern Amazon is cutting them out is overblown at CNBC. Read more

 

**A message from Real Coconut Water: Young Brazilian coconuts = Sweeter taste. 100% pure coconut water. PL or branded organic in Tetra Pak. Sell sheet | Website | Samples: info@eyeonretail.net

 

To stock Amazon’s shelves, merchants travel the backroads of America in search of rare soap and coveted toys by Josh Dzieza at The Verge. “I love living on wheels,” says Rose Pile, who travels in an RV with her husband and four sons. “If you don’t like your neighbors, if you don’t like your location, you just move.” “The best part is just seeing the country,” says Jamison Philippi, who recently spent nine months on the road clearing out closing Toys R Us stores.” Read more

 

Amazon’s Prime Day sales will jump 46% by Fareeha Ali at Internet Retailer. “The biggest reason for high growth: Prime Day will span 48 hours this year, 12 hours longer than last year’s 36-hour sale…Second, this year’s sale will feature more than 1 million discounts.” Read more

 

Cops bust $1 million-a-month gift card scam in Queens by Michael Gartland at NY Daily News. “The fence, allegedly controlled by the Nathoo brothers, employed a variety of confederates, including “fence manager, swipers, shoppers, fence employees, money launderer and more,” according to the DA’s Office.” Read more

 

Ryan Ross named President of the Williams Sonoma brand Press release

 

Amazon is coming under fire for ‘deceptive’ ratings and reviews on its website, and lawmakers are now demanding answers by Rebecca Aydin at Business Wire. “Democratic Rep. Frank Pallone of New Jersey and Rep. Jan Schakowsky of Illinois wrote a letter to Amazon asking the company what it does about fake product reviews and ratings.” Read more

 

The Unlikely Rise Of Turkey’s E-Commerce Queen at Forbes. “Dogan-Boyner…is now one of the most successful women tech entrepreneurs in the world. For years, her father owned and published one of Turkey’s premier newspaper franchises, Hurriyet. She was born with a silver spoon, but had she not defied her father and quit her family business, Dogan-Boyner, 46, would not have built what is being called Turkey’s Amazon.com.” Read more

 

Hooters is expanding its family-friendly Hoots restaurants at NBC Today. Read more

 

Tipsheet Extra Stories

Sonic devices play high-pitched noises to repel teens

Atlanta drivers told to return money after $175K ‘cash storm’ on I-285

Former Home Depot CEO joins cannabis company

Sugar in fruit juice may raise risk of cancer, study finds

AT&T is first major wireless company to block spam calls automatically

How millennials replaced religion with astrology and crystals

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net

Tipsheet: McMillon @ Sun Valley | Trump Defends H.Depot | Build-A-Bear Record Label

 

Trump takes to Twitter to support Home Depot: ‘Fight for Bernie Marcus and Home Depot!’ by Kelly Tyko at USA Today. “They don’t want people to shop at those GREAT stores,” Trump continues, because Marcus contributed “to your favorite President, me!” Read more

 

…A Home Depot representative told MarketWatch that Marcus retired from the company more than 15 years ago, and therefore “isn’t speaking on behalf of the company. In fact, as a standard practice, the company does not endorse presidential candidates.” Read more

 

Deloitte: Back-to-school spending will be relatively flat at CNBC. “Consumers shopping for back-to-school clothing, school supplies and electronics for children in grades K-12 are expected to spend $27.8 billion this year, up just 1.8% from 2018, the survey found.” Read more

 

Walmart CEO & other heavies arrive at Sun Valley Lodge for the exclusive Idaho conference at Daily Mail. “It’s at this annual meeting of the country’s wealthiest people that movers and shakers will discuss, establish and perhaps even unofficially close on deals that could have huge effects on the wider world…Jeff Bezos’ 2013 purchase of The Washington Post also took root at the gathering for film, tech, design, sports.” Pics/Read more

 

Lady Gaga to launch beauty line on Amazon as retailer targets cosmetics business at Reuters. “The brand, Haus Laboratories, will launch in September for shoppers in nearly a dozen countries, including the United States, Germany and Japan, Amazon said.” Read more

 

Walmart Got a $10 Billion Surprise After Buying Flipkart by Saritha Rai at Bloomberg via Yahoo Finance. “Flipkart’s board recently authorized the PhonePe Pvt Ltd. unit to become a new entity and explore raising $1 billion from outside investors at a valuation of as much as $10 billion, according to people familiar with the matter, asking not to be named because the discussions are private.” Read more

 

These beautiful electric charging points are the gas station of the future by Adele Peters at Fast Company. “At this new ultra-fast charging station for electric cars along a highway in Denmark, it takes 15 minutes to recharge a vehicle…The designers took advantage of those extra minutes: Unlike a gas station, this is a place where people actually want to spend time.” Read more

 

Amazon customer helpline not required, says Europe’s top court in boost for e-commerce at Reuters. “The court however said that Amazon is obliged to provide consumers with a means of communication allowing them to contact it quickly and to communicate with it efficiently. Amazon welcomed the decision, saying “We were always confident that our call back service is fast, efficient and customer focused.” Read more

 

Walmart remains the largest U.S. retailer (Amazon #2, Kroger #3, Costco #4) by Kim Souza at Talk Business. Read more

 

**A message from BK Resources – The Best Kept secret for commercial and food service kitchen equipment. Stainless steel: commercial faucets, sinks, work tables, bar equipment, ice bins & more. Catalog | Website | Contact

 

Etsy sellers aren’t happy with the platform pushing them to offer free shipping by Dami Lee at The Verge. “Starting July 30th, Etsy will give priority placement in US search results for items that ship free and for shops that guarantee US buyers free shipping on orders of $35 or more…Implementing flat shipping fees in prices can pose a challenge to international sellers who ship worldwide.” Read more

 

Amazon expands Transparency anti-counterfeit codes to Europe, India and Canada by Ingrid Lunden at TechCrunch. Read more

 

Macy’s partners with Dick’s Sporting Goods for outdoor experience at Footwear News. “I think people may be surprised and intrigued by our partnerships, and that is exactly what we wanted,” said Rachel Shechtman, Macy’s brand experience officer and Storyfounder. “We want to show both consumers as well as businesses that collaboration is the new competition.” Read more

 

Build-A-Bear Workshop Launches New Record Label With Warner Music by Tatiana Cirisano at Billboard. “The Build-A-Bear branded label will release original albums, singles and playlists, including soundtracks from upcoming films, television shows and digital shorts, as well as sign and develop artists and their releases.” Read more

 

Tipsheet Extra Stories

Disney recalling ‘Toy Story 4’ toy over choking hazard

Burglars cut through roof of Best Buy, steal $93K of Apple merchandise

Meet the Amazon Voice Designer who is the ‘Real Alexa’

Chicago police investigators confirm alligator in lagoon

Uber founder takes aim at South Korea’s shared kitchen market

Shopper gargles mouthwash and spits it back in the bottle

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net

Tipsheet: Amazon Health-Care Fade | Costco Bees | Marcus Headache | Norah/Bezos Iview

 

Amazon’s Push in Health-Care Supply Chain Has Faded, UBS Says by Tatiana Darie at Bloomberg. “UBS’s survey found that while hospitals still expect to increase their supply purchases through Amazon over the next three years, the percentage of respondents in talks for sourcing agreements with Amazon has declined to 7% from 11% last year. The bank surveyed 100 purchasing managers.” Tiered subs.

 

Shopping Can Make You Famous by Sanam Yar at NY Times. “Bella McFadden’s thrift-store finds have gained her a following of Gen Z shoppers who hunger for the ’90s they never experienced…Sales…have taken off on the popular e-commerce app, where she has more than 500,000 followers who admire her early-aughts aesthetics. They long to be styled by her. They know her as Internet Girl.” Tiered subs.

 

Facebook has become the storefront for direct-to-consumer brands by Adam Kleinberg at Ad Age. “The dirty truth about DTC is that it’s actually FTC: Facebook-to-consumer. According to (Jen) Tank, “It’s like trying to get into an exclusive club to meet cool people you want to have a relationship with, but you have to pay a friend of a friend to get you through the door.” Tiered subs.

 

Walmart heirs continue to downsize company holdings by Kim Souza at Talk Business. Read more

 

Home Depot shoppers threaten boycott over Trump-supporting co-founder by Chris Perez at NY Post. “The hashtag #BoycottHomeDepot went viral on Monday night as more and more people got word of Marcus’ support for Trump…Conservative author Nick Adams wrote: “I love how liberals are trying to boycott a store we all know they never go to.” Read more

 

$15 minimum wage would boost pay for 17 million but 1.3 million would lose their jobs, CBO says at CNBC. Read more

 

The Inside Story of Kim Kardashian West’s Billion-Dollar Shapewear Bet by Christina Binkley at Wall Street Journal. “At the time, it didn’t occur to anyone that there might be a widespread public backlash against trademarking the (Kimono) name of a ceremonial Japanese garment to use for a line of undergarments. “You would think we would have obviously thought it through a little bit deeper,” Kardashian West said.” WSJ subs.

 

Lidl to install over 4,000 solar panels at distribution facility in Ireland at CNBC. “Lidl said its new investment would mean that more than one-quarter of its energy requirements in Ireland would come from solar power.” Read more

 

**A message from Simple Golf Products – Get in on the golf sales comeback! The 3-Foot Circle® trains golfers to consistently hit the ball to within 3 feet of the cup and to master the 3-foot putt. Video/Website | Samples: info@eyeonretail.net

 

Lowe’s could get over $72 million in taxpayer incentives for new Charlotte tech hub by Katherine Peralta at Charlotte Observer. “Lowe’s has said it plans to create 1,600 jobs and bring about another 400 over from its headquarters office…Lowe’s is spending $153 million on the project, and the facility is slated to open in 2021.” Facility renderings/Read more

 

Tracy Anderson Partners With Barneys New York on Exclusive Fitness Capsule by Lisa Lockwood at WWD. WWD subs.

 

Lawsuit ruling over dog leash purchased on Amazon could greatly impact third-party seller business by Kurt Schlosser at GeekWire. “Amazon has argued that it is protected under the 1996 Communications Decency Act…But the Appeals court ruled that those protections do not apply in this case.” Read more

 

Norah O’Donnell to Interview Jeff Bezos for ‘CBS Evening News’ Kickoff by Brian Steinberg at Variety. “The anchor will hold a joint interview with Amazon CEO Jeff Bezos and former U.S. Ambassador to Japan Caroline Kennedy in which they discuss the future of space exploration…O’Donnell is expected to interview both executives during her debut next Monday on “Evening News”…” Read more

 

Target Reveals First Look at Target Deal Days Press release

 

Costco parking lot abuzz after swarm of bees touches down by Morgan Modjeski at CBC News. “Photos of the swarm shared on social media showed a large part of the passenger side of a Ford F-150 covered in the insects. John Hildebrandt, the truck’s owner, said he’d never seen anything like it, estimating there were thousands of bees on his truck, which was parked at the Market Drive location.” Pics/Read more

 

Tipsheet Extra Stories

Lawyers bring fight to Sheetz over sales tax on mineral water

Juul arms to fight sweeping e-cig ban on its home turf

Jeff Bezos binges “Stranger Things” on Sunday with his kids

YouTube launches on Fire TV, ending dispute between Amazon and Google

From Nazis to hippies: End of the road for Volkswagen Beetle

Oakland City Councilman wants to close street near Home Depot due to crime

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net

Tipsheet: Prime Day Strike | Looting Wgreens | H.Dep Doubles Down

 

Amazon warehouse workers in Minnesota plan Prime Day strike by Josh Eidelson & Spencer Soper at Bloomberg via Yahoo Finance. “…a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year. Workers at a Shakopee, Minnesota, fulfillment center plan a six-hour work stoppage July 15, the first day of Prime Day.” Read more

 

Walmart’s e-commerce biz is reportedly racking up $1 billion in losses at CNBC. “And now the company is reportedly pressuring Lore’s team to sell off some of the digitally native brands it’s acquired in an attempt to amass more inventory and gain the expertise of younger, e-commerce leaders. Citing discussions with people familiar, Vox said Walmart has discussed in recent months selling menswear brand Bonobos and women’s clothing retailer Modcloth.” Read more

 

Spurred by Amazon, Supermarkets Try Swapping Cashiers for Cameras by Parmy Olson at Wall Street Journal. “Tesco’s 4,000-square-foot test store uses 150 ceiling-mounted cameras to generate a three-dimensional view of products as they are taken off shelves…Tesco is considering identifying shoppers through an app or loyalty card when they enter the store and then charging their app when they leave.” WSJ subs.

 

Home Depot is swooping into new territory after realizing it underestimated millennials by Aine Cane at Business Insider. “(Ted) Decker said that five summers ago, the company established an internship cohort consisting of millennials from a diverse range of backgrounds and interests…He said the interns’ feedback was largely heartening for the company, as many of the millennials had grown up with Home Depot, either through their parents or through the company’s long-running workshops for children.” Read more

 

7-Eleven parent wants U.S. stores to sell more fresh and fast food ‘like is common in Japan’ by Maria Halkias at Dallas Morning News. “7-Eleven’s U.S. operation reported the highest operating income in its history and posted a 3.4% comparable store sales increase in the first quarter…”In order to change public perception when it comes to buying food products at 7-Eleven, like is common in Japan, we will be strengthening store cleanliness and improving customer service.” Tiered subs.

 

**A message from Real Coconut Water: Young Brazilian coconuts = Sweeter taste. 100% pure coconut water. PL or branded organic in Tetra Pak. Sell sheet | Website | Samples: info@eyeonretail.net

 

America’s Best Employers for Women (Ulta #2, Best Buy #7, REI #21) at Forbes. List

 

Amazon’s fleet expansion a boost for Israel Aerospace at Reuters. “IAI, which also produces drones and satellites, has emerged since 2015 as the leader in converting Amazon’s growing fleet of Boeing 767 aircraft.” Read more

 

Walmart comp sales in Mexico were up 4.7% in June…For the first six months of the year, comp sales in Mexico were up 5.1%…comp sales rose 5.4% in June for the Central American business and were 3.5% higher for the first six months of the year. Financials

 

All Kohl’s stores are now accepting Amazon returns by Kelly Tyko at USA Today. “Earnest Research found Chicago stores in the pilot appeared to benefit significantly from the partnership with Amazon. For all of 2018, the Chicago stores posted year-over-year revenue gains totaling 8%, compared with 2% for the other Kohl’s stores, the research firm reported. The Chicago stores also saw a 9% increase in new customers compared with 1% in other Kohl’s locations.” Read more

 

UK competition watchdog pauses Amazon’s investment into Deliveroo food delivery service at Fox Business. Read more

 

Teens in Philly loot Walgreens store at ABC 6. “About 60 juveniles walked into the establishment and began removing things from the shelves, destroying property inside the store. The cashier attempted to intervene and some heavy item – I believe it was a bottle – was thrown at him, striking him in the head,” said Captain Sekou Kinebrew of the Philadelphia Police Department.” Video/Read more

 

Amazon asks FCC for approval of Project Kuiper broadband satellite operation by Alan Boyle & Taylor Soper at GeekWire. Read more

 

Tipsheet Extra Stories

Los Angeles hardware stores run out of earthquake kits

This spray-on nanofiber ‘skin’ may revolutionize burn and wound care

Texas Walmart has ‘armed’ employee guarding Blue Bell ice cream

Sriracha maker loses lawsuit to its former jalapeno grower

Women are notably less likely than men to buy electric vehicles

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net

Tipsheet: RILA Hits Amazon | 50% of Teens Favor Amazon | AZ Slaps Nike

 

Retailers eager to lodge antitrust complaints against Amazon and Google, citing ‘information bottleneck’ by Naomi Nix at Bloomberg via Seattle Times. “The Retail Industry Leaders Association, which also represents Target and Best Buy among others, said it’s prepared to present their concerns to the Justice Department and the Federal Trade Commission, which have carved up antitrust oversight of Silicon Valley’s biggest companies.” Tiered subs.

 

Arizona Governor to withdraw Nike financial incentives after shoe company pulls ‘Betsy Ross’ American flag sneakers at CNBC. “Nike has been planning to build a manufacturing plant on metro Phoenix’s west side, which was expected to bring 500 jobs to the area, The Arizona Republic reported on Monday.” Read more

 

Shrouded in secrecy, big new Amazon retail store in Seattle appears ready to open soon by Nat Levy at GeekWire. “A few unique characteristics make this store stand out and give credence to the possibility that it could be something different from the typical Amazon Go store…The total area of the retail space is about 10,400 square feet…much bigger than the 1,500 and 3,000 square feet of front-of-house area in other Go stores.” Read more

 

Coty shares plummet as $600 million turnaround plan falls short of expectations at MarketWatch. “Some may have been hoping for larger portfolio changes, or a major M&A announcement,” wrote Wells Fargo in a note. “At this point, Coty remains a long-term turnaround story, in our view, and we note that turnarounds generally never happen in a straight line.” Read more

 

Jim Walton donated $1.2 billion of the retailer’s stock last week at Philadelphia Inquirer. “The recipient wasn’t disclosed, but family members have regularly donated to the Walton Family Foundation, whose causes include education and the environment.” Read more

 

Amazon to create 1,800 jobs in France at Reuters. “The increase will bring Amazon’s total number of permanent staff to 9,300 by end 2019 and reflects the group’s commitment to the French market where it has invested over 2 billion euros ($2.26 billion) since 2010.” Read more

 

**A message from Simple Golf Products: Getting down in 2 shots from the edge of the green takes practice. The 3-Foot Circle® trains golfers to consistently hit the ball to within 3 feet of the cup and to master the 3-foot putt. Video/Website | Samples: info@eyeonretail.net

 

Should Macy’s Build a Giant Tower in One of N.Y.’s Most Congested Neighborhoods? by Matthew Haag at NY Times. “What was once a manufacturing hub has given way to an overflowing corridor of tourists and commuters cramming onto sidewalks, roadways and subway stations. “Have you tried walking from here to Penn Station?” said Mr. Assile, 70, referring to the commuter train station. “It’s horrendous.” Tiered subs.

 

Some 50% of teens surveyed by Piper Jaffray in its most recent semiannual “Taking Stock With Teens” report said that Amazon was their favorite website at Business Insider. Read more

 

Home Depot Goes “Ad Wild” on Radio at Radio Ink. “The exact figure was 97,699… GEICO held onto second place…running a still-healthy 50,241 spots… Other advertisers in the top five included Lowe’s (44,328) which climbed two places…big mover for the week was Walmart, which went from 25th to eighth.” Read more

 

Golf participation increased last year for the first time since 2003 to 24.2 million people playing at least one round at National Golf Foundation. Read more

 

John Oliver rips Amazon over warehouse work by Kurt Schlosser at GeekWire. “…a top (Amazon) executive didn’t wait long to fire back on Twitter…Oliver’s 21-minute report on warehouses and workers focused a great deal on Amazon, with other jabs at retail rival Walmart as well as conditions at a facility that handles Verizon phones.” Read more

 

Endless AI-generated spam risks clogging up Google’s search results by James Vincent at The Verge. Read more

 

Sushi Chain YO Reels In Grocery Kiosk Operator by Ben Dummett at Wall Street Journal. “London-based YO plans to acquire Houston-based SnowFox, which operates 700 sushi kiosks—typically large sushi counters found in supermarkets across a swath of the U.S.—for more than $100 million, according to the person.” WSJ subs.

 

Tipsheet Extra Stories

How Millennials’ Wine Preferences Differ From Boomers

How Amazon and the Cops Set Up an Elaborate Sting Operation

Spies fear McKinsey helped hobble U.S. intelligence

Muskoka Brewery sues Molson for using image of Muskoka chair on t-shirt

Even Samsung’s CEO is embarrassed by the Galaxy Fold

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net

Tipsheet: PR Power (Amazon #4/WM #16) | Pharmacist Cuts | 33% Cut Spending

 

Walmart to invest $1.2 billion in China to upgrade logistics at Reuters. “Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account Monday.” Read more

 

PRWeek ranks the most powerful communicators in the industry (Carney/Amazon #4, Bartlett/Walmart #16, Metcalfe/CVS #17) Top 50 list/Tiered subs.

 

Walmart Turns to VR to Pick Middle Managers by Sarah Nassauer & Chip Cutter at Wall Street Journal. “(Walmart) is using a VR skills assessment as part of the selection process to find new middle managers, watching how workers respond in virtual reality to an angry shopper, a messy aisle or an underperforming worker.” WSJ subs.

 

One-third of Americans have cut their spending this year at CNBC. “African-American respondents were far likelier to say they’d cut spending, at 43%. Only one other group, divorced men, came close at 39%.” Read more

 

Costco quietly becomes a destination for clothes at Washington Post. Tiered subs.

 

Secondhand luxury retailer The RealReal jumps almost 50% after IPO at CNBC. “The RealReal is a primarily online marketplace for authenticated luxury goods, selling high-end brands such as Gucci and Cartier. The company employs more than 100 experts to make sure that the luxury goods it puts up are the real deal and not counterfeits.” Read more

 

…’Big Little Lies’ Costume Designer Sources Luxury Consignment From The RealReal at Cathy Whitlock at The Hollywood Reporter. “The RealReal is great for sustainability,” says Friedberg. “I love that the clothes can be a few seasons old; therefore, they have a bit of history and the closets don’t feel like every item is brand new. I shop for all the ladies on the site.” Read more

 

**A message from BK Resources – The Best Kept secret for commercial and food service kitchen equipment. Stainless steel: commercial faucets, sinks, work tables, bar equipment, ice bins & more. Catalog | Website | Contact

 

Home Depot co-founder Bernie Marcus plans to give his billions away by Matt Kempner at The Atlanta Journal Constitution. “The trigger for his organized philanthropic giving (was) when he led a California-based home improvement chain. A distraught employee planned to quit after doctors discovered he had cancer and told him he wouldn’t live long. Marcus said he asked a nonprofit medical and research center to help the employee. The man survived.” Read more

 

Grubhub made over 30K websites disguised as restaurant homepages by Kevin Dugan & Lisa Fickenscher at NY Post. “For example, all of the signature salads on Chicago Salad House’s Web site, www.chicagosaladhouse.com, cost $10. But on Grubhub’s dummy site, www.saladhousechicago.com, many of the same salads cost $11 or $11.25.” Read more

 

Walmart to eliminate up to 40% of its senior pharmacists by Matthew Boyle at Bloomberg. “(Walmart’s) new health and wellness chief, Sean Slovenski, is a veteran of insurer Humana, which has partnered with the retailer since 2010…But he’s said nothing publicly since coming on board last August, leaving investors in the dark about his priorities.” Tiered subs.

 

Food Makers Crowd Snack Aisle Despite Uneven Growth by Micah Maidenberg at Wall Street Journal. “Snack sales by units in the U.S. grew at the same 0.4% rate as the broader food-and-beverage industry last year, according to IRI…Americans ate some 366 servings of health-oriented snacks like protein bars, fruit cups or single-serve cottage-cheese cups during the year that ended in March, according to NPD . That was down 3% from the prior year. WSJ subs.

 

Tipsheet Extra Stories

Walmart Mailroom Staffer Suspected Of Stealing More Than $100K

Illinois gas tax doubles today

Jony Ive ‘dispirited’ by Tim Cook’s lack of interest in product design

California gun owners rush to buy ammo

Telemedicine apps are thriving because working moms love the convenience

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for 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: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net

 

Website: eyeonretail.net