Friday Tipsheet: Apple Retail Chief Gets $73 Mil | D.Gen CEO = 1 More Yr | ‘Feyonce’ & ‘The Pyramid’


Analyst: Can Dollar Tree turn struggling Family Dollar around? by Jennifer Thomas at Charlotte Business Journal. “I think the work for Dollar Tree is a lot more than they initially thought because the business has gotten so bad,” Yarbrough says…”What can they do to differentiate themselves from Dollar General? I think it comes down to pricing.” Yarbrough says.” Read more


Dollar General CEO: Family Dollar vote ‘a loss’ for consumers by Lizzy Alfs at The Tennessean. “He said a Dollar General/Family Dollar combination would have provided a “better value and great selection to customers.” Read more


Dollar General Announces Rick Dreiling Will Continue as Chairman and CEO “I am excited to remain with the Company for another great year as we look to capitalize on the numerous opportunities ahead of us.” Read the release


Family Dollar CEO: Dollar General offer better on paper by Jennifer Thomas at Charlotte Business Journal. Read more


Target Test Program Lets Shoppers Get Health Insurance In-Store by Kylie Bearse at WCCO-CBS Minnesota “The program started in January and is in Targets on Lake Street in Minneapolis, Plymouth and Apple Valley. “People are very excited to know that we’re here, we’re at a place that’s comfortable for them,” said Valerie Power, the head of client services at Gravie.” See the in-store video


Former Kroger CEO spearheads initiative to expand alcohol sales in Kansas at Kansas City Business Journal. “David Dillon, who retired from Kroger in December, is leading the Uncork Kansas campaign, which aims to allow grocery and convenience stores to sell full-strength beer. Currently, grocery and convenience stores in Kansas can only carry 3.2 percent alcohol malt beverages.” Read more


Walmart Canada opens 11 new supercenters in January at The City Wire. “These completed real estate projects bring Walmart Canada’s total store count to 394 stores, including 280 supercenters and 114 discount stores. These stores are part of the 35 supercenter projects this year.” Read more


Why Target Is Raking Up Its Maple Leaves by Matt Townsend at Businessweek. “Operations have never been Target’s strength, and there are even more doubts about those abilities after its drubbing north of the border…Marketing, long considered the retailer’s forte, focused too much on conveying the sheen and trendiness of the Target brand to the detriment of explaining the kinds of products and deals it offered, says former Target Canada media executive Kevin O’Rourke.” Read more


List of Target Canada Creditors at Alvarez and Marsal. See the list


…Here they are, mapped at Canadian Business. See the map


Memphis: Bass Pro Ready to Staff ‘The Pyramid’ at WCMA-5 NBC. “Bass Pro Shops announced plans to host a job fair to fill more than 600 full-time and part-time positions for the mega-store opening in May 2015.” See the video / Read more


Beyoncé Threatened To Sue Craft Website Etsy For Using ‘Feyoncé’ On Mugs by Rob Price at Business Insider via SF Gate. “Etsy has folded, and the mugs in question are no longer available. But other products with “Feyoncé” branding are still available, however — though it’s unclear whether the singer intends to threaten legal action against them as well.” Read more


Apple Paid Former Burberry Boss $73 Million to Become Its Retail Chief by Dawn Chmielewski at Recode. “Since joining the company in May, Ahrendts has collected some $70 million in stock grants from Apple — $37 million to compensate her for the value of the Burberry stock that she walked away from in accepting the Apple job.” Read more


Walgreens Grants Billionaire Interim CEO $7 Million in Stock by Anders Melin at Bloomberg. Read more


Shuttered Storefronts Are Welcome Sight for This Company Craig Giammona at Businessweek. “When they make that announcement, we already know the ones we want,” At Home Chief Executive Officer Lee Bird said in an interview. “That’s our Black Friday.” Read more



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