Tipsheet: Avenue Has 60 Days | Lowe’s -Thousands | Poshmark Breach

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Plus size retailer Avenue has 60 days to find a buyer — or it will shutter all of its 260 stores across the country by Lisa Fickenscher at NY Post. Read more

 

Publix Q2 comp sales +4.8% Press release

 

Lowe’s is eliminating thousands of maintenance and assembly worker jobs and outsourcing them to third-party companies at CNBC. “Associates who were in these positions will be given transition pay and have the opportunity to apply for open roles at Lowe’s,” the company said in a statement to CNBC.” Read more

 

Floor & Decor Q2 comp sales +3.0% Press release

 

Target bringing back nearly 300 special collection items to celebrate 20 years of designer partnerships at MarketWatch. “The Anniversary Collection, which launches online and in Target stores on September 14, will include clothing, accessories, home items, and more. Prices will range from $7 to $160.” Read more

 

Wayfair Q2 direct retail net revenue +42% Press release

 

Analysts sorting winners and losers as new set of tariffs take aim at Nike, retailers at CNBC. Read more

 

eBay accuses Amazon of illegal scheme to poach e-commerce sellers in new lawsuit by Nat Levy at GeekWire. Read more

 

Sprouts Q2 comp sales +0.1% Press release

 

**A message from EasyLock: Lock your door with a simple twist! Deadbolts aren’t getting locked – people leave home in a rush and don’t want to fumble for the key. Introducing the EasyLock keyless locking deadbolt. No key required – twist to lock. Sell sheet | Sample: info@eyeonretail.net

 

An Amazon driver theft ring sold stolen goods for 6 years, raked in millions in sales via USA Today. “Among those who provided stolen items to the pawnshops were two contract Amazon drivers, Kroshinsky said. Their job was to travel to Seattle-Tacoma International Airport, pick up items being returned to the company…Instead, they routinely stole the goods and sold them to the pawnshops, she wrote.” Read more

 

Etsy Q2 revenue +36.8% Press release

 

73% of Americans back raising the minimum tobacco purchase age to 21 at The Hill. Read more

 

Natural Grocers Q3 comp sales +2.4% Press release

 

Poshmark, an online marketplace for buying and selling clothes, has reported a data breach at TechCrunch. Read more

 

Amazon will turn off the capabilities of all its Dash buttons worldwide on Aug. 31 by Ben Fox Rubin at CNET. Read more

 

Field Agent: Shoppers Try the New Aldi-Instacart Pickup “…of nine shoppers who tried the service, six said they’d be completely or very likely to use the service again in the future.” Video/Read more

 

Costco Business Center’s Dallas opening has been delayed by Maria Halkias at Dallas Morning News. “That destructive Dallas storm on June 9 has delayed the opening of Costco’s new Dallas store. Costco Business Center at 8282 Park Lane had planned to open Aug. 9, but it’s now scheduled to open on Sept. 5 at 7 a.m.” Tiered subs.

 

Dick’s Sporting Goods launches new private brand DSG “We saw an opportunity to better serve more athletes by designing quality products at a value that fits everyone,” said Nina Barjesteh, Senior Vice President of Product Development at DICK’S Sporting Goods.” Press release

 

Pentagon reconsiders $10B cloud contract as Trump sounds alarm over alleged Amazon favoritism by Monica Nickelsburg at GeekWire. Read more

 

Tipsheet Extra Stories

Mother of five fixes up & flips RVs and trailers

Boy thrown from Mall of America balcony no longer in intensive care

Costco’s Kirkland diapers put to the test

Alamo Drafthouse Sets ‘Clowns-Only’ Screenings of ‘It: Chapter Two’

Paula Deen restaurant closes inside Texas Bass Pro

Read Tipsheet Extra Stories

 

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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: Ecom Top 25 | Birkenstock Store #2 | Zulily Lay Offs

/in

 

Amazon in early talks to buy stake in India’s Reliance Retail at Reuters. “The conglomerate, controlled by India’s richest man Mukesh Ambani, was previously in talks with China’s Alibaba to sell a stake in Reliance Retail, but a deal could not be sealed due to differences in valuation, a person familiar with the matter told Reuters.” Read more

 

Nordstrom family reportedly prepares proposal to increase stake in retailer at CNBC. “A group of Nordstrom family members that own 31.2% of Nordstrom have been working on a proposal to increase their stake in the department store to more than half, The Wall Street Journal reported on Thursday.” Read more

 

Meijer Expands “Shop & Scan” to All Ohio Stores Press release

 

Birkenstock picks Venice as the home of its second U.S. store by Adam Tschorn at LA Times. “The German brand known for its strappy, contoured-footbed sandals has picked a pedestrian-heavy stretch of Abbot Kinney Boulevard as the location of its second company-owned stand-alone store in the U.S. (The first bowed in New York’s SoHo neighborhood in October 2018.)” Tiered subs.

 

The Container Store opens its first Custom Closets store in Los Angeles – Dallas next up Press release

 

Key Amazon exec Jeff Blackburn to take one-year sabbatical in 2020 by Taylor Soper at GeekWire. “It’s never easy to find a good time for a break when always scaling so fast, but now feels like the right time for me and my family,” Blackburn wrote in an internal email obtained by GeekWire.” Read more

 

Zulily lays off employees as part of restructuring; CEO says business is at ‘critical inflection point’ by James Thorne. “A Zulily spokesperson confirmed the layoffs but declined to provide details about how many employees were affected. Personnel at the company’s Seattle and Columbus offices were let go. Zulily employed 1,300 people in Seattle as of January.” Read more

 

Top 25 Global E-Commerce Power Players, 2019 (Lore #2, Carey #8, Cosset #12) Press release

 

**A message from X1 Ebike – Up to 37 miles on a single 4-hour charge. Folds into the size of a golf bag in seconds! GPS tracking, VIN # & alarm for security. Video | Website | Contact

 

Amazon Pushes Brands to Be Less Boxy by Annie Gasparro at Wall Street Journal. “Amazon offered a $1 credit to producers for each item sold in packaging that met the new standard ahead of deadline. Companies that haven’t complied by Aug. 1 will face a $1.99 surcharge on each item sold in packaging that runs afoul of the new standard.” WSJ subs.

 

Impossible Foods goes to the grocery store at TechCrunch. “After receiving approval from the Food and Drug Administration, Impossible Foods has cleared the last regulatory hurdle it faced to rolling out in grocery stores. The company is targeting a September release of Impossible products to join its competitor Beyond Meat  on grocery store shelves.” Read more

 

Amazon Isn’t Buying Your Home, Just Filling It Up by Laura Forman at Wall Street Journal. “…despite some hyperbolic declarations in the press, Amazon isn’t getting into real estate, much less taking on the likes of Zillow Group and Redfin.” WSJ subs.

 

EG Group Reaches Deal to Acquire Cumberland Farms at Convenience Store News. “Cumberland Farms operates approximately 600 convenience stores in seven Northeast states and Florida. The c-store chain began exploring a sale this spring.” Read more

 

Dollar General has a new beauty brand for under $5 and it’s going viral at CNN Business. “The barriers to building a brand are not as stringent as they were in the past,” said Wissink from Jefferies. “That’s why you’re seeing almost every retailer launching some level of beauty.” Read more

 

The biggest mall owner in the US could be the one to save retailers on the cusp of going out of business at CNBC. “I think it’s very possible — we’re going to be very smart about it,” Simon CEO David Simon said on a post-earnings conference call when asked if he would consider investing in more of the landlord’s tenants. “We’re certainly as good as the private-equity guys when it comes to retail investment. And so, I wouldn’t rule it out.” Read more

 

Jeff Bezos sells $1.8 billion worth of Amazon stock in three days at CNBC. Read more

 

Banana Republic is selling hijabs. Muslim shoppers wonder: Is it inclusion or appropriation? by Abha Bhattarai at Washington Post. “On the one hand, it does feel like they’re profiting off of us,” said Leena Snoubar, 25, an American Muslim fashion blogger whose Instagram handle @withloveleena has nearly 800,000 followers. “But on the other, it’s a way to normalize hijab and make us feel more included.” Tiered subs.

 

Tipsheet Extra Stories

Amazon Ring alerts often tie up police with false alarms

These 20 vehicles are the most stolen new cars in the U.S.

This new online grocery store is entirely plastic-free

S. Koreans shun Japanese beer, travel, cars as disputes grow

Metro investors opposed to takeover offer start buying shares

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: Ecom Top 25 | Birkenstock Store #2 | Zulily Lay Offs

/in

 

Amazon in early talks to buy stake in India’s Reliance Retail at Reuters. “The conglomerate, controlled by India’s richest man Mukesh Ambani, was previously in talks with China’s Alibaba to sell a stake in Reliance Retail, but a deal could not be sealed due to differences in valuation, a person familiar with the matter told Reuters.” Read more

 

Nordstrom family reportedly prepares proposal to increase stake in retailer at CNBC. “A group of Nordstrom family members that own 31.2% of Nordstrom have been working on a proposal to increase their stake in the department store to more than half, The Wall Street Journal reported on Thursday.” Read more

 

Meijer Expands “Shop & Scan” to All Ohio Stores Press release

 

Birkenstock picks Venice as the home of its second U.S. store by Adam Tschorn at LA Times. “The German brand known for its strappy, contoured-footbed sandals has picked a pedestrian-heavy stretch of Abbot Kinney Boulevard as the location of its second company-owned stand-alone store in the U.S. (The first bowed in New York’s SoHo neighborhood in October 2018.)” Tiered subs.

 

The Container Store opens its first Custom Closets store in Los Angeles – Dallas next up Press release

 

Key Amazon exec Jeff Blackburn to take one-year sabbatical in 2020 by Taylor Soper at GeekWire. “It’s never easy to find a good time for a break when always scaling so fast, but now feels like the right time for me and my family,” Blackburn wrote in an internal email obtained by GeekWire.” Read more

 

Zulily lays off employees as part of restructuring; CEO says business is at ‘critical inflection point’ by James Thorne. “A Zulily spokesperson confirmed the layoffs but declined to provide details about how many employees were affected. Personnel at the company’s Seattle and Columbus offices were let go. Zulily employed 1,300 people in Seattle as of January.” Read more

 

Top 25 Global E-Commerce Power Players, 2019 (Lore #2, Carey #8, Cosset #12) Press release

 

**A message from X1 Ebike – Up to 37 miles on a single 4-hour charge. Folds into the size of a golf bag in seconds! GPS tracking, VIN # & alarm for security. Video | Website | Contact

 

Amazon Pushes Brands to Be Less Boxy by Annie Gasparro at Wall Street Journal. “Amazon offered a $1 credit to producers for each item sold in packaging that met the new standard ahead of deadline. Companies that haven’t complied by Aug. 1 will face a $1.99 surcharge on each item sold in packaging that runs afoul of the new standard.” WSJ subs.

 

Impossible Foods goes to the grocery store at TechCrunch. “After receiving approval from the Food and Drug Administration, Impossible Foods has cleared the last regulatory hurdle it faced to rolling out in grocery stores. The company is targeting a September release of Impossible products to join its competitor Beyond Meat  on grocery store shelves.” Read more

 

Amazon Isn’t Buying Your Home, Just Filling It Up by Laura Forman at Wall Street Journal. “…despite some hyperbolic declarations in the press, Amazon isn’t getting into real estate, much less taking on the likes of Zillow Group and Redfin.” WSJ subs.

 

EG Group Reaches Deal to Acquire Cumberland Farms at Convenience Store News. “Cumberland Farms operates approximately 600 convenience stores in seven Northeast states and Florida. The c-store chain began exploring a sale this spring.” Read more

 

Dollar General has a new beauty brand for under $5 and it’s going viral at CNN Business. “The barriers to building a brand are not as stringent as they were in the past,” said Wissink from Jefferies. “That’s why you’re seeing almost every retailer launching some level of beauty.” Read more

 

The biggest mall owner in the US could be the one to save retailers on the cusp of going out of business at CNBC. “I think it’s very possible — we’re going to be very smart about it,” Simon CEO David Simon said on a post-earnings conference call when asked if he would consider investing in more of the landlord’s tenants. “We’re certainly as good as the private-equity guys when it comes to retail investment. And so, I wouldn’t rule it out.” Read more

 

Jeff Bezos sells $1.8 billion worth of Amazon stock in three days at CNBC. Read more

 

Banana Republic is selling hijabs. Muslim shoppers wonder: Is it inclusion or appropriation? by Abha Bhattarai at Washington Post. “On the one hand, it does feel like they’re profiting off of us,” said Leena Snoubar, 25, an American Muslim fashion blogger whose Instagram handle @withloveleena has nearly 800,000 followers. “But on the other, it’s a way to normalize hijab and make us feel more included.” Tiered subs.

 

Tipsheet Extra Stories

Amazon Ring alerts often tie up police with false alarms

These 20 vehicles are the most stolen new cars in the U.S.

This new online grocery store is entirely plastic-free

S. Koreans shun Japanese beer, travel, cars as disputes grow

Metro investors opposed to takeover offer start buying shares

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