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“Parents outraged as U.S. Toys ‘R’ Us sells ‘crystal meth’ Breaking Bad dolls” by Rosa Prince at The Telegraph via Vancouver Sun. “Parents took to the toy giant’s Facebook page to say that they did not want their teenagers to be exposed to drug dealing even at the age of 15. One wrote: “Nothing […]
Jeff Jones: “Target’s Target No Longer Just The “White Suburban Mom” by Suzanne Vranica at WSJ. “During a 45-minute presentation to hundreds of marketers attending the “Masters of Marketing” conference taking place in Orlando, Target CMO Jeff Jones gave a honest assessment of Target’s recent woes.” Read more (Subscription) “How Target Used Data […]
“Former Walgreen CFO sues company for defamation over forecast error” at Chicago Tribune. “Former Walgreen Co. Chief Financial Officer Wade Miquelon sued the drugstore operator on Thursday, alleging company executives defamed him in news reports that blamed him for errors in its earnings forecast. Miquelon sued Walgreen in a state court in Chicago claiming that Chief […]
“Wal-Mart to add two online fulfillment centers, build fewer supercenters” by Kim Souza at The City Wire. “The new centers will be located in Bethlehem, Penn., and Atlanta, and each will be approximately 1.2 million square feet…Spending on traditional brick and mortar stores has been trimmed by nearly $500 million this year to $11.5 […]
“Amazon Will Open Two Pop-Up Stores in CA Next Week” by Alice Truong at Fast Company. “Amazon confirmed Tuesday that it is opening up pop-up stores in San Francisco and Sacramento, California, next week for the holiday shopping season. The pop-up stores will carry Amazon-branded e-readers, tablets, smartphones, andstreaming media players. “While customers can already see our products […]
Home Depot’s Marvin Ellison Leaves for J.C. Penney: “I couldn’t pass it up” by Maria Halkias at Dallas Star. “Ellison, 49, will start Nov. 1 but doesn’t become CEO until August. At that point, Ullman, 68, will stay on as executive chairman for a full year. In an interview Monday, Ellison called Penney […]
“Target tries new, bigger strategy for Boston store” by Taryn Luna at Boston Globe. “Target is coming to the Fenway area next year with its own urban-concept store called “CityTarget,” the retailer’s first on the East Coast. But this location will actually be bigger…The CityTarget that will occupy four floors in a building under […]
“Family Dollar net income plummets 66% in Q4” by Jennifer Thomas at Charlotte Bus. Journal. “From a financial standpoint, fiscal 2014 was one of the most difficult years in our company’s history,” Family Dollar Chairman and CEO Howard Levine said during a conference call on the retailer’s earnings late Thursday afternoon.” Read more […]