Tipsheet: W.Foods #1 New Grads | Amazon Kitchen Meh | McMillon @ TikTok Board?

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Walmart raising pay for 165,000 hourly workers at Talk Business. “The new system includes new leadership roles in supercenters, both at the salaried and hourly level: store lead (formerly co-manager), coach (formerly assistant manager) and team lead (previously department manager). The retailer says the staffing structure is similar to a system it’s been trying out for the past year at Sam’s Club and Neighborhood Market stores.” Read more

 

Oracle, Walmart Aim for Big Stakes in TikTok at Wall Street Journal. “Under the latest plan for TikTok, Oracle Corp. and Walmart Inc. could together own a significant stake, according to people familiar with the situation…Walmart Chief Executive Doug McMillon is expected to get a board seat if the deal goes through, said some of the people familiar with the matter.” WSJ subs.

 

Testing Amazon Kitchen – the tech giant’s first hot food bar at Amazon Go Grocery at GeekWire. “Overall, I wasn’t impressed with Amazon Kitchen’s hot food, nor was I disappointed. It’s on par with what you’d find at the hot food section inside your local supermarket. Not exactly healthy or the best ingredients, but satisfying comfort food that you can grab on the go, and won’t break the bank.” Read/Pics/Video

 

Shares of furniture retailer Herman Miller soar as home office sales surge at CNBC. “Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv. The company made $626.8 million in revenue, topping estimates of $524.8 million. Organic sales for Herman Miller grew 13% last quarter.” Read more

 

Walmart’s latest PS5 preorders were gone in about a minute at The Verge. Read more

 

**A message from SPS Commerce. Changing consumer shopping preferences have disrupted your business. We’ve implemented 500,000 replenishment order solutions for more than 3,000 buying organizations. Now is the time to update your supply chain practices so you can stay one step ahead of the competition. Visit our website for details or contact us at 866-245-8100.

 

H-E-B will use robots to fulfill online orders for pick-up, delivery at Fox Business. “H-E-B will be partnering with Swisslog, a logistics and robotics company based in Switzerland, the companies announced this week. Swisslog will provide H-E-B with several automated micro-fulfillment centers — small-scale warehouses that use robots to fulfill online orders.” Read more

 

America’s Best Employers For New Graduates (Whole Foods #1, Trader Joe’s #2, QuikTrip #12) at Forbes. List

 

Cash-strapped Postal Service struggled to placate Amazon during coronavirus upheaval at Fox Business. “Tensions between the service, a government agency that funds itself with sales of products such as stamps rather than tax dollars, and Amazon surged as the two parties attempted to negotiate a new contract in April, with pricing in question, according to nearly 10,000 pages of emails, legal memos, presentations, and other documents obtained by the Washington Post.” Read more

 

Online grocery sales projected to reach $250B, or 21.5% of total grocery sales, by 2025 Press release

 

Amazon has removed dozens of listings for peptides, drugs that can be used for doping, after an investigation from The Markup found 66 examples of such products on the site. at The Verge. Read more

 

Rent the Runway overhauls subscription plan as pandemic reshapes business at CNBC. “The unlimited option had allowed Rent the Runway customers to pay $159 per month to exchange as many items as they wanted, as many times as they wanted, so long as they only had four items out at once. Now, they can choose from plans that offer four, eight and 16 items each month, with the ability to add extra pieces for an extra fee.” Read more

 

Tipsheet Extra

Dee Snider scolds anti-mask parade at Florida Target

Apple will launch its online store in India on September 23

Amazon reveals first 5 companies to receive investments from its $2B Climate Pledge Fund

HBR: Why the U.S. Still Has a Severe Shortage of Medical Supplies

Why Hollywood isn’t worried about TikTok being banned by Trump

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: WM Charges Start | Amazon +1K ‘Burbs | Retail Sales Slow

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Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods at Bloomberg. “The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce company take on a resurgent Walmart Inc.” Read more

 

U.S. retail sales rose 0.6% in August, vs 1.0% increase expected at CNBC. Read more

 

U.S. consumer spending appears to slow in August at Reuters. “Core retail sales…fell 0.1% last month after a downwardly revised 0.9% increase in July, the Commerce Department said on Wednesday. This category, which excludes automobiles, gasoline, building materials and food services, was previously reported to have advanced 1.4% in July. Economists polled by Reuters had forecast core retail sales rising 0.5% in August.” Read more

 

Tensions mount as Walmart Canada starts charging suppliers to pay for its retail revamp at Financial Post. “As of Monday, Walmart is charging a fee of 1.25 per cent on the cost of all goods sold to Walmart, plus an extra five per cent on goods sold through e-commerce…“The only recourse you have is to pull your products from the shelves. And that’s Armageddon. That’s the worst it could possibly be,” (one supplier) said.” Read more

 

Whole Foods CEO: We’re in a ‘virtuous circle’ of cutting costs and lowering grocery prices at CNBC. “We’ve made three significant price reductions since the merger, and we have a fourth that we’re beginning now,” said Mackey.” Read more

 

Dick’s Sporting Goods Partners With Under Armour To Launch Women’s-Engineered Basketball Shoe Press release

 

**A message from Readywise, the leader in emergency food supplies – Consumers are looking for emergency food supplies – are you offering the selection they want? Up to 25-year shelf life. High quality and great taste. Website | Catalog | Request a sample: info@eyeonretail.net

 

Rite Aid defends firing manager who pulled knife on violent, maskless customer at York Daily Record via USA Today. “When it was apparent the man wasn’t going to leave, Santiago said she asked the cashier to page her co-workers to help her. The man turned to her and shoved her into the magazine rack. She hit her forehead on the rack and was left with bruises on her legs.” Read more

 

Dunkin’ Donuts’ hole in cybersecurity costs $650,000 in fines at Fox Business. Read more

 

Patagonia clothing gets political: ‘Vote the a–holes out’ at Fox Business. “…can be found written on the tag attached to the company’s 2020 men’s and women’s Regenerative Organic Stand-Up Shorts. “We have been standing up to climate deniers for almost as long as we’ve been making those shorts,” Patagonia spokesperson Corley Kenna told FOX Business Tuesday.” Read more

 

Marc Lore to sell 710,000 more shares of Walmart by April 2022 at Talk Business. Read more

 

US retailers roll out foreign toilet paper amid COVID-19 pandemic at AP/NY Post. “Oliver Olsen wasn’t even in the market for toilet paper, but he had to stop and take a closer look…Instead of Charmin and Cottonelle, there was Vogue and Delsey from Mexico. Next to them were rolls of Cashmere from Canada and King Blue from Trinidad and Tobago. “It really just jumped out at me,” said Olsen…” Read more

 

Tipsheet Extra

Popular McDonald’s Travis Scott meal leading to shortages

Almost half of millennials and Gen Zers can’t name a single Holocaust concentration camp

TV Ratings: ‘Dancing With the Stars’ hits 3-year premiere high

Yuengling, America’s oldest brewer, will soon sell beer nationwide

Your HR manager is now your nurse, hall monitor, and remote IT liaison

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:

/in

 

 

Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods at Bloomberg. “The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce company take on a resurgent Walmart Inc.” Read more

 

U.S. retail sales rose 0.6% in August, vs 1.0% increase expected at CNBC. Read more

 

Tensions mount as Walmart Canada starts charging suppliers to pay for its retail revamp at Financial Post. “As of Monday, Walmart is charging a fee of 1.25 per cent on the cost of all goods sold to Walmart, plus an extra five per cent on goods sold through e-commerce…“The only recourse you have is to pull your products from the shelves. And that’s Armageddon. That’s the worst it could possibly be,” (one supplier) said.” Read more

 

Whole Foods CEO: We’re in a ‘virtuous circle’ of cutting costs and lowering grocery prices at CNBC. “We’ve made three significant price reductions since the merger, and we have a fourth that we’re beginning now,” said Mackey.” Read more

 

Rite Aid defends firing manager who pulled knife on violent, maskless customer at York Daily Record via USA Today. “When it was apparent the man wasn’t going to leave, Santiago said she asked the cashier to page her co-workers to help her. The man turned to her and shoved her into the magazine rack. She hit her forehead on the rack and was left with bruises on her legs.” Read more

 

Patagonia clothing gets political: ‘Vote the a–holes out’ at Fox Business. “…can be found written on the tag attached to the company’s 2020 men’s and women’s Regenerative Organic Stand-Up Shorts. “We have been standing up to climate deniers for almost as long as we’ve been making those shorts,” Patagonia spokesperson Corley Kenna told FOX Business Tuesday.” Read more

 

Marc Lore to sell 710,000 more shares of Walmart by April 2022 at Talk Business. Read more

 

US retailers roll out foreign toilet paper amid COVID-19 pandemic at AP/NY Post. “Oliver Olsen wasn’t even in the market for toilet paper, but he had to stop and take a closer look…Instead of Charmin and Cottonelle, there was Vogue and Delsey from Mexico. Next to them were rolls of Cashmere from Canada and King Blue from Trinidad and Tobago. “It really just jumped out at me,” said Olsen…” Read more

 

Tipsheet Extra

Popular McDonald’s Travis Scott meal leading to shortages

Almost half of millennials and Gen Zers can’t name a single Holocaust concentration camp

TV Ratings: ‘Dancing With the Stars’ hits 3-year premiere high

Yuengling, America’s oldest brewer, will soon sell beer nationwide

Tipsheet: Lowe’s ‘Shark-Tank’ | REI Sells HQ | Holiday +1-ish%

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Holiday spending will hinge on how much the rich splurge and the poor cut back: Deloitte at CNBC. “…holiday retail sales this year are forecast to rise between 1% and 1.5%…Deloitte expects there could be a relatively stable 0% to 1% jump in sales during the holidays, if consumers — especially lower-wage earners — remain nervous about their finances and health…But a bigger 2.5% to 3.5% increase could occur if wealthier consumers gain even more confidence in the back half of 2020.” Read more

 

Facebook will buy REI’s unused Bellevue headquarters complex for nearly $368 million at Seattle Times. “The move further consolidates Facebook’s Eastside mini-empire in the upscale, multiuse Spring District east of I-405. Before the acquisition of the 400,000-square-foot REI offices, Facebook was already on track to lease nearly 850,000 square feet in three under-construction Spring District buildings.” Read more

 

Sally: historic flooding possible with more than two feet of rain expected in some areas at Reuters. Read more

 

Lowe’s launches ‘Shark Tank’-like effort to get small businesses’ products on shelves at CNBC. “(Lowe’s) is teaming up with Daymond John, a star of ABC’s “Shark Tank,” to mentor entrepreneurs, listen to their pitches and narrow the pool to the standouts.” Read more

 

Hobby Lobby raises minimum wage to $17 at Fox Business. “The increase will take effect by Oct. 1 to help employees as the holiday season approaches, Hobby Lobby CEO David Green said.” Read more

 

**A message from the Kitchenology ™ 4-In-1 Scrub Bar™ – Don’t settle for a lightweight kitchen sponge! Introducing the Scrub Bar™ – the kitchen sponge that tackles ever dirty dish in the sink. Features a different abrasive strength on each side: regular sponge, medium duty, heavy duty & super duty. Website | Samples: info@eyeonretail.net

 

Get $40 off a $40 Target purchase after approval for the Target RedCard at CNBC. Read more

 

Chuck Feeney, the former billionaire cofounder of retail giant Duty Free Shoppers has finally given all his money away to charity at Forbes. “Over the last four decades, Feeney has donated more than $8 billion to charities, universities, and foundations worldwide through his foundation, the Atlantic Philanthropies. When I first met him in 2012, he estimated he had set aside about $2 million for his and his wife’s retirement.” Read more

 

Amazon will rebrand its kid-friendly services formerly known as Amazon FreeTime and Amazon FreeTime Unlimited to Amazon Kids and Amazon Kids+ at TechCrunch. Read more

 

H&M’s Coronavirus Recovery Beats Expectations at Wall Street Journal. “H&M said preliminary results showed a profit before tax of approximately 2 billion Swedish kronor, equivalent to $228 million, in its fiscal third quarter…far better than the 396 million kronor profit expected by analysts. Sales in the quarter fell 19% to 50.87 billion kronor.” WSJ subs.

 

Bed Bath & Beyond Inc. Appoints Juan Guerrero as Chief Supply Chain Officer “Prior to joining Bed Bath & Beyond, Mr. Guerrero led the supply chain and merchandising teams at FleetPride.” Press release

 

Apparel retailer Francesca’s issues ‘going concern’ warning as sales tumble at CNBC. “…the retailer is currently exploring a variety of strategic alternatives, and it has brought on FTI Capital Advisors to help it look for ways improve its liquidity and financial position.” Read more

 

Ikea product shots have been fake for years. Now it’s taking CGI even further at Fast Company. Read more

 

Amazon’s launch of luxury fashion shops is latest blow to struggling department stores at CNBC. “…announced Tuesday the launch of a section on its mobile app called Luxury Stores, kicking off with items from designer Oscar de la Renta’s pre-fall and fall-winter 2020 collections. It said additional luxe fashion brands will be added to the app in the coming weeks. Amazon Prime members will initially only be able to shop this section by invitation only, according to Amazon.” Read more

 

Tipsheet Extra Stories

SpartanNash Hires New President/CEO

The food and grocery industries are now the most highly regarded industries in Americans’ eyes

Plant-based retailer coming to the United States

Apple launch event: What to expect

The great grocery boom is slowing down

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

 

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Tipsheet: WM NWA Drones | Amazon +100K | Aldi Click-And-Collect

/in

 

Still reeling from Hurricane Laura, Gulf Coast braces for new storm Sally at USA Today. “The National Hurricane Center said Sally is likely to bring “life-threatening storm surge, hurricane-force winds and flash flooding” along the Gulf Coast as soon as Monday. The storm is forecast to make landfall in southeastern Louisiana early Tuesday as a potential Category 2 hurricane…” Read more

 

Walmart and Zipline Team Up to Bring Drone Delivery Service to Northwest Arkansas “Zipline will operate from a Walmart store and can service a 50-mile radius…Zipline, which operates the world’s largest drone delivery network, began operating in late 2016 in Rwanda primarily focusing on the on-demand delivery of medical supplies.” Read more

 

Amazon hiring 100,000 workers in US, Canada to keep up with surge in online shopping at Fox Business. “The majority of roles announced Monday will be at the company’s 100 new warehouse and operations sites opening this month, said Dave Clark, senior vice president of worldwide operations at Amazon.” Read more

 

Aldi UK trials click-and-collect grocery service at Reuters. “It said it was currently running a trial of the click-and-collect service for Aldi staff from a store in central England and plans to extend that to customers in the coming weeks. If that proved successful the trial would be extended to further stores across the country in the near future.” Read more

 

**A message from Comfy Sacks bean bag chairs – Consumers want in-home comfort. Comfy Sacks are filled with superior quality furniture grade foam. Offer your consumer something unique & comfortable. Booklet | Video | Website | Request sample bag: info@eyeonretail.net

 

Microsoft’s bid for TikTok rejected by ByteDance as reports name Oracle the winner of modified deal at GeekWire. Read more

 

EBay founder Pierre Omidyar’s philanthropic investment group calls for a new version of capitalism at CNBC. “Omidyar’s group suggests that the economy should reject “any historical justifications for slavery or racism, as well as bigotry in all its forms.”…Their third pillar, about counterweights to economic power, calls for pushback against monopolies and the strengthening of grassroots organizations and labor unions.” Read more

 

Instagram may be planning to charge a fee to put links in captions, patent suggests at The Verge. Read more

 

Why Hasn’t Apple Pay Replicated AliPay’s Success? at Harvard Business Review. “AliPay took a different approach to creating value and monetizing the platform than Apple Pay. It shared many types of consumer data with merchants, so they could offer new services to clients and launch accurate promotions for free.” Tiered subs.

 

New York Sports Club owner files for bankruptcy, with gyms hit by pandemic at CNBC. “Our members will not recognize a break in service,” Town Sports said in a statement on its website. “Town Sports International is not going out of business…” Read more

 

Tipsheet Extra

Vinyl record sales surpass CDs for the first time since the 1980s

Weird Seattle retailer Archie McPhee hit with even weirder PayPal problem

2020 Progressive Grocer Editors pick best new products

Ohio State drops spring break in coronavirus fight

Perfume brand says cutting Black actor from ad was misstep

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

 

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**

 

Tipsheet: Kroger +14.6% | H.Depot’s Research Right | Chewy +47%

/in

 

Kroger Q2 comp sales (without fuel) +14.6% / Digital sales +127% Press release

 

…Kroger forecasts upbeat 2020 sales on pandemic boost at Reuters. “…expects full-year comparable sales to rise more than 13%…(comp sales) rose 14.6%, beating estimates of a 10.96% rise…On an adjusted basis, Kroger earned 73 cents per share, beating estimates of 55 cents per share.” Read more

 

RH CEO expects elevated demand for home decor to carry through 2021 at CNBC. “I think there’s going to be some systemic shifts in spending that will last, I think, for the next year or two — could be longer,” (CEO Gary Friedman) said.” Read more

 

Citigroup wins deal to offer credit cards for Wayfair at CNBC. “Citigroup, which wrested the Costco card from American Express in 2016, similarly displaced Alliance Data, a major provider of private-label cards that had previously offered a Wayfair card, according to a person with knowledge of the deal.” Read more

 

Senator Marco Rubio seeks review of GNC purchase by Chinese company at Reuters. “Rubio, who had also urged a probe of TikTok’s ownership by another Chinese firm, made the request in a letter to Treasury Secretary Steven Mnuchin.” Read more

 

Chewy Q2 net sales +47% Press release

 

Incentives lures Lowe’s vendor in Italy to Mooresville, will create over 140 jobs at Charlotte Observer. “FITT Group has made pipes, hoses and conduits for use in homes, businesses and industrial sites for more than 50 years…FITT USA will invest $25.6 million in its Mooresville location, including building a 120,000-square-foot headquarters and manufacturing plant…” Read more

 

Lowe’s Canada launches VIPpro program, includes 10% discount on paint / 5% discount on everything else Press release

 

**A message from the Kitchenology ™ 4-In-1 Scrub Bar™ – Don’t settle for a light weight sponge that can’t handle dirtier dishes! Introducing the Scrub Bar™ – the kitchen sponge that tackles ever dirty dish in the sink. Features a different abrasive strength on each side: regular sponge, medium duty, heavy duty & super duty. Website | Samples: info@eyeonretail.net

 

J. Crew emerges from bankruptcy ‘reinvigorated’ at Fox Business. Read more

 

Home Depot’s Craig Menear & Ted Decker present at Goldman Sachs conference at Seeking Alpha. “Menear: …’we have kind of a 55, 45 DIY mix. And at the end of the day, if we end up with an 80:20 Pro, we haven’t really done our job because we want to grow the DIY business at the same time, we’re growing the Pro business and that’s been our focus all along.'” Transcript

 

…Home Depot CEO says the coronavirus isn’t killing American cities — millennials are just destined to flock to the suburbs like previous generations at Business Insider. “It takes me back to 2015 and earlier, when there was a lot of conversation around the whole millennial generation,” Menear said. “Everybody was going to move to inner cities and the millennials were never going to own anything…None of that came to pass, according to Menear. He said that Home Depot conducted “deep research” circa 2015 that ended up debunking that belief.” Read more

 

Tiffany gets regulatory nod from Japan, Mexico for troubled LVMH deal at Reuters. Read more

 

EBay founder Pierre Omidyar steps down from board at Fox Business. “…part of a broader overhaul that also has Elliott Management Corp. partner Jesse Cohn leaving the board. Mr. Cohn, one of billionaire Paul Singer’s top lieutenants at the activist hedge fund, joined eBay’s board last year as part of an agreement with Elliott.” Read more

 

Tipsheet Extra

Amazon Lands Nicolas Cage-Led Joe Exotic Drama

Ikea and Ingka Centres’ $260M bet to rehab a mall in downtown San Francisco

Whole Foods Store Features Mini-Farm

Big Y Names VP of Center Store

Discount retailer Century 21 files for Chapter 11 bankruptcy

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

 

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Tipsheet: Walmart+ Ad Campaign | Halloween @ Home | Kroger Hires Homeless Woman

/in

 

Target pledges to increase number of Black employees by 20% at CNBC. “About 75% of its leadership team is White and 8% are Black, based on 2019 data. That rises to nearly a quarter, however, when including all people of color like Latinos and Asians.” Read more

 

Walmart+ launches new ad campaign “The commercials were created by award-winning husband and wife filmmaking duo, Daniel and Katina Mercadante. Following all COVID-19 safety production protocols, their two-person crew became embedded into the families’ everyday lives and generated over 100 hours of unscripted footage and 30 hours of audio interviews. This resulted in the first documentary-style ad campaign for Walmart.” Read more/Spot

 

Ulta Beauty CEO says business is better than expected, but remains cautious about second half results at CNBC. “It took some time for stores to ramp up, but now, you know, the last month or so we’ve only been down mid-single digits,” she said in a “Mad Money” interview, adding that it’s “a lot better than we thought it would be at this point, although we’re cautious about what the second half of the year looks like.” Read more/Video

 

RH Q2 net revenue up slightly vs. LY Press release

 

JC Penney deal with Brookfield, Simon Property confirmed at Fox Business. “Retailer JC Penney left for dead, is being resuscitated by two of the nation’s largest landlords potentially saving 70,000 jobs. JC Penney confirmed on Wednesday night that a deal has been reached in principal that will keep the retail chain afloat after the company filed for bankruptcy back in May…” Read more

 

Academy Sports + Outdoors plans to go public Press release

 

**A message from Comfy Sacks bean bag chairs – Consumers want stay at home comfort. Comfy Sacks are filled with superior quality furniture grade foam. Offer your consumer something unique & comfortable. Booklet | Video | Website | Request sample bag: info@eyeonretail.net

 

Amazon adds former NSA and U.S. Cyber Command leader Keith Alexander as board director at GeekWire. Read more

 

Petco owners exploring sale or IPO: Bloomberg News at Reuters. “…could value it at $6 billion, including debt, Bloomberg News reported on Wednesday. CVC and CPPIB are interviewing potential advisers while reviewing strategic options, with formal efforts around a sale or IPO not expected to kick off until next year, Bloomberg said, citing people with knowledge of the matter.” Read more

 

A year later, Amazon’s voice assistant alliance still hasn’t attracted any of its rivals at The Verge. Read more

 

Lowe’s underwent an online makeover just in time at Business Insider. “It was very obvious that the fundamental things that world-class retailers do very well were absent here,” (Marvin Ellison) said on Wednesday during Goldman Sachs’ annual Global Retailing Virtual Conference  — citing the state of Lowe’s e-commerce business in 2018.” Read more

 

SEPTEMBER 16TH: Amazon is hiring 33,000 new employees with an average compensation package worth $150,000 at CNN. Read more

 

Amazon Halo team hints at larger ambitions, with ‘full roadmap’ of health devices and experiences at GeekWire. “That’s the message from an Amazon job post seeking a principal product manager for the team following the Halo unveiling. Or at least it was, until we spotted the job post and asked the company to share more information. Since then, the language has been changed.” Read more

 

US Consumers to Spend 1B Hours Shopping on Mobile This Holiday Season – Up 50% YoY Press release

 

Five Below sees ‘great back-to-school season’ by focusing on home learning environment, CEO says at CNBC. “Five Below is approaching the upcoming Halloween season in a similar way…“It’s going to be less about trick-or-treating and more about decor and still creating a fun experience at home, and at Five Below you can do that without having to break the bank, so to speak,” said Anderson.” Read more/Video

 

Kroger hires homeless woman who slept in store’s parking lot, changes her life at Fox 17 Nashville. “When there were days when I didn’t know what I was going to do, they motivated me. They helped me. I cried in their arms,” (Lashenda Williams) adds. “And that’s why I work so hard in this Kroger. It’s not for me, it’s for every worker in here.” Read more/Video

 

Tipsheet Extra

Joe Exotic underwear line sells out in seconds

Carol Tome making UPS ‘Better, not Bigger’

Tile will refund up to $1,000 in products if it can’t find your lost item

Customer recounts averted mass shooting at Bass Pro Shops

Speak softly and scatter 50 times fewer coronavirus particles

Kroger will offer flu shots at larger venues such as the Indianapolis Zoo

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

 

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Tipsheet: WM Drones @ NC | H.Depot Holiday Plan | PriceSmart +4.5%

/in

 

Walmart to test drone delivery of grocery, household items at Reuters. “…test would start on Wednesday in Fayetteville, North Carolina, with cloud-controlled drones picking up and dropping off select items. “We know that it will be some time before we see millions of packages delivered via drone. That still feels like a bit of science fiction,” Tom Ward, senior vice-president, customer products, said in a statement.” Read more

 

Home Depot adapts 2020 holiday shopping season to pandemic era with 2 months of Black Friday deals at CNBC. “It will collaborate with Pinterest to inspire a different kind of DIY project: Making meaningful, homemade gifts…emphasized an option that could gain greater popularity this year, though it was available in years past: Getting a fresh Christmas tree delivered to a customer’s doorstep.” Read more

 

LVMH drops $16 billion Tiffany takeover, battle lines drawn at Reuters. “The stage is set for an acrimonious legal dispute; Tiffany said it was filing a lawsuit against LVMH to force it to complete the deal as agreed last year, accusing the French group of deliberately stalling completion of the takeover.” Read more

 

PriceSmart August net merchandise sales +4.5% Press release

 

Walmart to hear from 850 entrepreneurs in the October virtual Open Call at Talk Business. “The retailer sifted through more than 4,800 product pitches this year, a 44% increase from the number of submissions last year.” Read more

 

**A message from the Kitchenology™ 4-In-1 Scrub Bar™ – Finally, one scrub brush that cleans all of the dishes! The 4-in-1 Scrub Bar™ is a 4-sided sponge with a different abrasive strength on each side: regular sponge, medium duty, heavy duty and super duty. Website | Buyers request a sample @ info@eyeonretail.net

 

Food prices up globally during coronavirus for 3rd month in row at Fox Business. Read more

 

Amazon opens new Go Grocery store in Microsoft’s HQ neighborhood at GeekWire. “While the new store may attract shoppers who work at Microsoft, the location is also notable because Microsoft is not shy about also wanting to “redefine the shopping experience” through technology.” Read more

 

Casey’s Q1 comp sales: inside sales flat / fuel gallons -14.6% Press release

 

Walmart Management Presents at Barclays Global Consumer Staples Conference at Seeking Alpha. Transcript

 

Bed Bath & Beyond appoints Rick Wilkins as Regional VP for the West region Press release

 

Sports Authority founder sounds off on LeBron James, mixing sports with politics at NY Post. “If I had Sports Authority, I’d take the LeBron [Nike] shoes and put them on the back shelf,” said Jack Smith, who resigned from the company in 1998.” Read more

 

Tipsheet Extra

Jeff Bezos-backed cancer testing company Grail files for U.S. IPO

UFCW: Grocers should kick out maskless shoppers

A look at Jeff Bezos’ Manhattan Portfolio

Walmart gets Hissho Sushi & Craft Beer Bar

Remote learning is costing parents a fortune

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