Target Parts Ways with Chief Merchant Kathee Tesija “Brian Cornell: ‘This role is critical to ensuring Target’s future success and we are conducting a comprehensive external and internal search for a new leader. On behalf of the entire Target team, I want to thank Kathee for all she has done on behalf of our company, brand, and team.'” Read more

 

...“I would think there are any number of companies that would be very interested in discussing president and CEO roles with her” via Evan Ramstad at Star Tribune. Read more

 

Target confirms departure of another merch exec, John Morioka by Nick Halter at St. Paul / Minn. Business Journal. “John Morioka left the Minneapolis-based retailer in May. He held the equivalent of Tesija’s position in Canada…Target confirmed Morioka’s unannounced departure, but declined to offer more information. Morioka couldn’t be reached for comment.” Read more

 

Kroger’s Annual Meeting: Stock splits & Pickup ‘love’ by Steve Watkins at Cincinnati Business Courier. “Customers have loved Kroger’s launch of its online order and customer pickup service known as ClickList at two Greater Cincinnati stores, Kroger President Mike Ellis said. “You rarely hear the word ‘love’ from customers, but we’ve heard them say they love it,” Ellis told me after the meeting. “The feedback has been amazing. It’s made their lives easier.” Kroger plans to launch the service in 80 stores across the country this year, Ellis said.” Read more

 

…Kroger Annual Meeting Webcast

 

The Most Attractive Employers For Business Students Around The World (Amazon #11, Nordstrom #15) by Kathryn Dill at Forbes. See the top 15 list

 

Here’s the inside scoop on Amazon’s mysterious Treasure Truck by John Cook at GeekWire. “Well, you can kind of think about it like a new shopping experience on wheels, allowing Amazon.com customers in Seattle to purchase one very special discounted item each day…Users of Amazon.com’s mobile app can browse the special deal of the day on the Treasure Truck, choose to make the purchase and then select a pre-determined location around Seattle where the truck will be stationed in order for easy pick-up.” Read more

 

Sam Walton & Rosalind Brewer a part of upcoming Smithsonian ‘American Enterprise’ exhibit by Kim Souza at The City Wire. “Liebhold said Brewer was visiting the exhibit June 25 for a sneak peek. She is part of a business women’s biography video display…He said in the retail innovation segment, Brewer is next to Jeff Bezos, founder of Amazon.com.” Read more

 

NRF: 64% Plan to Attend BBQ Over July 4th Holiday Read the release

 

Tiny Town Across Canadian Border Has Huge Online Sales by Angel Gonzalez at Seattle Times. “It’s a few minutes’ drive, or a quick cross-border walk, for the 170,000 residents of the Abbotsford, B.C., metro area. Their enthusiasm for Web shopping has made Sumas the state’s top spot for online spending per resident: In 2014 it was a whopping $3,013, seven times the figure for Seattle.” Read more

 

Companies benefit from Wal-Mart’s onshoring agenda by Kim Souza at The City Wire. “He said working with Wal-Mart has been easier than he thought, so much so that he will back in front of buyers on July 7 at this year’s Open Call to pitch two more products — tailgate plates with the images of college mascots, and his patent-pending Wader Socks designed to keep feet dry while wearing waders for duck hunting or fly fishing.” Read more

 

Amazon makes $100M available to fund voice-control tech by Emily Parkhurst at Puget Sound Business Journal. Read more

 

4 Specialty Retail Takeover Deals That Make Sense by Lee Jackson at 24/7 Wallst. “Best Buy makes a move and decides to purchase GameStop Corp…Bed, Bath & Beyond steps up to the plate and acquires Kirkland’s Inc…Dicks Sporting Goods expands its footprint and acquires Hibbett Sports Inc…Walgreens also grows the chain’s national footprint by buying Fred’s.” Read more

 

How Macy’s competes for talent in Silicon Valley by Phil Wahba at Fortune. “Unlike many established tech companies—from eBay to Apple to Yahoo—Macy’s has kept its West Coast tech team in the heart of San Francisco rather than place it in Silicon Valley, a nod to the fact that more and more young tech workers want to be in an urban environment rather than an office park.” Read more

 

Tipsheet Extra

Dick’s Sporting Goods becomes title sponsor of PONY League World Series

The Home Depot Joins the RealPage Vendor Network

Sears Unveils Connected Solutions Flagship

Home Chef delivers meal kits to those who love to cook, hate to shop

Lululemon recalls 300K women’s tops over drawcords

84 Percent of Americans Want to be Notified Immediately of a Data Breach

Retailers Say Congress Should ‘Seize the Opportunity’ After Supreme Court Ruling on Health Care

Read Tipsheet Extra Stories

 

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Eye-on-Retail Tipsheet is created early every weekday morning and read by retail merchants and executives worldwide. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s really happening in the world of retail. See our website at www.eyeonretail.net