Tipsheet: H.Depot Can. Breach | WM Gun Backtrack | Health Influencer 50
Walmart brings back gun displays day after ordering them hidden at NY Post. “After civil unrest earlier this week resulted in damage to several of our stores … we asked stores to move firearms and ammunition from the sales floor,” the company said in a statement. “As the current incidents have remained geographically isolated, we have made the decision to begin returning these products to the sales floor today,” the company said.” Read more
America’s malls under pressure: CBL, Pennsylvania REIT, file for bankruptcy at CNBC. “CBL operates 107 properties, totaling 66.7 million square feet across 26 states, including outlet centers. In its bankruptcy filing, CBL listed its estimated assets and liabilities in the range of $1 billion to $10 billion.” Read more
US construction spending up again, rises 0.3% in September at AP. “Spending on residential construction was strong yet again, with single-family home projects jumping 5.7%…Total residential construction was up 2.7%, while government construction spending fell 1.7%.” Read more
Why France’s lockdown could turn into a sales bonanza for Amazon at MarketWatch. “…supermarkets will now be banned from selling items such as clothes, shoes, beauty products, toys, jewels or household equipment, because small independent specialist stores will be forced to close. Online retailers are not included in the restrictions…” Read more
British online supermarket Ocado acquires two U.S. robotics start-ups at CNBC. “Ocado has acquired San Francisco-headquartered robotics firm Kindred Systems for $262 million and Las Vegas firm Haddington Dynamics for $25 million.” Read more
U.S. will ‘vigorously defend’ TikTok executive order despite ruling at Reuters. Read more
**A message from SPS Commerce. More than 90% of companies are missing the necessary information they need for a seamless replenishment order process. Without knowing the status of your order, you’re forced to reactively manage your orders, typically resulting in unused open to buy budget. Hear from a customer on how SPS helped them proactively manage their orders, or contact us at 866-245-8100.
Home Depot Canada exposes private customer data following systems error at ThreatPost. “One affected customer posted a screenshot of his inbox on Twitter, filled with random people’s order confirmations, tweeting: “Hey um… I’m pretty sure I received a reminder email for literally every online order that is currently ready for pick up at literally every Home Depot store in Canada. There are 660+ emails. Something has gone wrong.” Read more
Health Influencer 50 2020 (CVS #31 / Rite Aid #48) at PR Week. Ranked list
Factories Bounce Back as Consumers Snap Up Goods at Wall Street Journal. “The Institute for Supply Management said its purchasing managers index rose to 59.3 in October from 55.4 in September, the sixth straight month of expansion. Firms also reported increased hiring for the first time in 14 months.” WSJ subs.
Amazon’s first $100B quarter? Jeff Bezos says signs point to ‘unprecedented’ holiday sales at GeekWire. “To help meet demand, Amazon has been on a hiring spree, adding 400,000 jobs this year and 100,000 already in the month of October…and now employs a whopping 1.13 million people worldwide, up 50% from this time last year. It is inching closer to retail rival Walmart, the nation’s largest employer with more than 2.2 million people.” Read more
Tipsheet Extra
See inside one of the world’s most beautiful bookstores
Santa Claus returns to Bass Pro and Cabela’s but with changes
Bass Pro CEO to transform former La Quinta Inn into new Angler’s Lodge
AWS to Open Data Centers in Switzerland
iPhones can now tell blind users how far away people are
**
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