Boar’s Head Pays | Amazon Fleet Outcry | Holiday -5%

/in

 

ADP: Labor market growth slows dramatically in August with U.S. adding just 54K jobs vs. 75K estimate at CNBC

 

PwC: 2025 holiday spending to decline on average by 5% “…the first notable drop since 2020. 84% expect to cut back over the next six months…Gen Z respondents (ages 17 to 28)…say they expect to reduce their holiday budgets by 23%, more than any other generation.” Press release

 

Powerball jackpot jumps to $1.7 billion after another night without a big winner at AP

 

American Eagle stock soars 20% as retailer says Sydney Sweeney campaign is ‘best’ to date, beats earnings at CNBC. “Earnings per share: 45 cents vs. 21 cents expected. Revenue: $1.28 billion vs. $1.24 billion expected. Sales fell to $1.28 billion, down slightly from $1.29 billion a year earlier.” Read more

 

…AE CMO Slams Sydney Sweeney Campaign Hate at Adweek. “In sum, Ms. Sweeney moved the needle, and the brand has no regrets about the ads. “We [saw] double-digit increases across both women’s and men’s denim sales in the first six weeks of this campaign,” Brommers said. “There was a Sydney denim jacket that sold out in one day and a Sydney Jean that sold out in one week, and has been so popular that we’ll be restocking it during the holiday period.” Read more

 

Amazon Pauses Delivery Fleet Redeployments After Outcry Over Repair Costs at WSJ. “Some company owners have said they chose to close down or declare bankruptcy because they couldn’t afford the repair costs…One delivery company operator said they recently received a final repair bill for just under $100,000, which was six times the amount estimated by PAVE.” WSJ subs.

 

**A message from Comfy Sacks: Kids and adults love our foam-filled, soft, long-lasting bean bag chairs. Genius design + comfort. Made in USA. Unconditional 5-year warranty. Website | Program details: info@eyeonretail.net

 

Walmart’s McMillon at Goldman Sachs Conference at Talk Business. “For us, back-to-school has really been strong, and that causes us to feel good about the second half of this year…” McMillon said…He said inventory is well managed…“Between now and holiday, I feel pretty good that we know what we’ve got,” he said.” Read more

 

Here are the 68 jobs where workers’ tips won’t be taxed at CNN

 

Boar’s Head is secretly paying out millions to dozens of victims of last year’s listeria outbreak at NY Post. “Boar’s Head has paid $4 million to a Long Island widow after her husband died from eating tainted liverwurst — one of dozens of hush-hush payouts tied to a deadly listeria outbreak at the company’s Virginia plant…” Read more

 

Dollar Tree Q2 comp net sales +6.5% on +3.0% traffic and +3.4% ticket Press release

 

AI Startup Flock Thinks It Can Eliminate All Crime In America at Forbes. “I’ve talked to plenty of activists who think crime is just the cost of modern society. I disagree,” Langley says…Flock’s growth isn’t solely fueled by its 5,000 law enforcement customers…It has 1,000 corporate customers, including blue chips like FedEx, Lowe’s and Simon Property, America’s largest mall owner.” Read more

 

Amazon Prime’s free shipping perk will be restricted to household members only starting Oct. 1 at Fox Business

 

**Advertise your product, service or event to retail buyers in Eye on Retail Tipsheet. Contact: info@eyeonretail.net

 

 

WM Expands Streaming | Barneys Memoir | 70% Dream Over

/in

 

Kraft Heinz to split into two companies “Global Taste Elevation Co.”…will include…three billion-dollar brands – Heinz, Philadelphia and Kraft Mac & Cheese – with approximately 75% of net sales coming from sauces, spreads and seasonings…“North American Grocery Co.”…will include…three billion-dollar brands – Oscar Mayer, Kraft Singles and Lunchables.” Press release

 

Aldi Wants to Conquer the American Grocery Store Landscape at WSJ. “Aldi plans to add more than 200 stores on a net basis in the U.S. in 2025, making it America’s fastest-growing retailer this year after the two big dollar-store chains…plans to add more than 800 additional stores by the end of 2028. Its new store in the Times Square neighborhood…is expected to open in the summer of 2026.” WSJ subs.

 

Powerball jackpot rises to an estimated $1.3 billion after no winning ticket sold at AP

 

Walmart Wants to Challenge Amazon as a Streaming Aggregator at Hollywood Reporter. “(Walmart) on Monday announced its new plan, which includes an extension of its deal with Paramount+, originally signed three years ago. The new offering will see subscribers to its Walmart+ bundle be able to choose between a complimentary subscription to Peacock’s premium tier, or the Paramount+ essential plan. Subscribers can also switch between Paramount+ and Peacock every 90 days…” Read more

 

Winn-Dixie celebrates 100 years Press release

 

**A message from Su Salsa – The amazing flavors of cilantro, lime, and a hint of garlic make Su Salsa different than regular salsa. Spice up your salsa set with the lime colored label that pops on shelf. Learn more | Sample: info@eyeonretail.net

 

Americans Lose Faith That Hard Work Leads to Economic Gains at WSJ. “A new Wall Street Journal-NORC poll finds that the share of people who say they have a good chance of improving their standard of living fell to 25%, a record low in surveys dating to 1987. More than three-quarters said they lack confidence that life for the next generation will be better than their own, the poll found. Nearly 70% of people said they believe the American dream—that if you work hard, you will get ahead—no longer holds true or never did, the highest level in nearly 15 years of surveys.” WSJ subs.

 

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants at TechCrunch. “…focuses on budget-focused grocery delivery for tier 2 and tier 3 towns…” Read more

 

New memoir, “They All Came to Barneys: A Personal History of the World’s Greatest Store” out today at NY Post. “…in its heyday from the late 1970s to the mid 1990s — attracted a particularly starry crowd. The store shut down for Elizabeth Taylor and Michael Jackson, as well as for the sultan of Brunei, who, Gene writes, “came with two busloads of wives and attendants and three body doubles, though not a soul was there but them.” Read more

 

Signet Jewelers Q2 comp sales +2.0% Press release

 

NYC college students learning ‘How to Steal’ at NY Post. “At the New School in Manhattan, a four-year private university where the $60,240 tuition doesn’t cover housing, students at the university’s Eugene Lang College of Liberal Arts can learn “How to Steal.”…It includes field trips to “places where capital is hoarded and value is contested” — like museums, banks and even grocery stores.” Read more

 

Walmart grows its share of online grocery to almost 26% at Talk Business

 

**Get your product, service or event in front of the most powerful decision-makers in the retail community. Contact: info@eyeonretail.net