Monday Tipsheet: Amazon’s ‘Prime Day’ | F.Dol/D.Tree Unite Today | TV Punishment

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Amazon is kicking off a huge Black Friday-like sales event called ‘Prime Day’ for its 20th anniversary by Tricia Duryee at GeekWire. “The 24-hour sale called Prime Day officially kicks off on July 15, the eve of its anniversary. The discounts will start at 12:01 a.m. and last until the end of the day. To participate, shoppers must be an Amazon Prime member or sign-up for a free 30-day trial.” Read more

 

Family Dollar Sale to Dollar Tree Closes Today by Katherine Peralta at Charlotte Observer. “Dollar Tree has said it plans to trim annual expenses by $300 million in the deal over the next three years, which could include a slew of changes for Family Dollar, including possible layoffs for some of the 1,300 workers at Family Dollar’s corporate headquarters in Matthews.” Read more

 

Target and Supervalu down, Best Buy up in NRF rankings by Nick Halter at Minn./St.Paul Business Journal. “Target fell from No. 4 to No. 6 on the list with $72.6 billion in U.S. sales, up 1.8 percent. Target was passed by Walgreen Co. and The Home Depot.” Read more  See the top 100 list via NRF

 

Is this the greenest supermarket in the world? by Anmar Frangoul at CNBC. “For Sam Fishman, the Store Team Leader at the Whole Foods Market, the benefits of using renewable technology have not just been felt in the environment. “The wind turbines, Skypumps and solar panels actually draw people into our store,” Fishman said.” Read more

 

Study: Amazon changes having little impact on product ratings so far by Todd Bishop at GeekWire. “Out of 185 products, representing the top 5 selling products in each major Amazon category, only one product saw a significant decrease in its overall rating since the change started to roll out, according to the study by Seattle-based DNA Response.” Read more

 

Will Amazon Soon Challenge Jet, the Hot Discount Shopping Site from a Former Employee? by Jason Del Rey at Recode. “I asked Amazon whether the Prime-exclusive discounts were the first step toward a more streamlined discount program for Prime members to challenge Jet’s approach. I didn’t actually think the company would admit it if they were, but was curious what kind of response I’d get.” Read more

 

Home Depot asks court to dismiss financial institutions’ lawsuit over data breach by David Allison at Atlanta Business Chronicle. “Home Depot goes to on say that “No individual bank alleges any harm that it specifically incurred as a result of the Home Depot data breach, and the majority of the types of damage the banks seek to recover are expenses voluntarily incurred to protect against possible future harm.” Read more

 

…Read Home Depot’s Complete Response Here

 

Some retailers still giving out plastic bags on Oahu, and they’re legal by Ben Gutierrez at Hawaii News Now. “It’s a very thick plastic bag, and the intent of the law was to reduce our reliance on fossil fuels and stop producing bags made out of fossil fuels, which is plastic,” he said.” Read more

 

Televisions Are No Longer the Screen of Choice for Kids by Anthony Crupi at Ad Age. “800 parents quizzed by Miner & Co. reported that they confiscate their kids’ tablets when they act up and make them watch TV instead, thereby fostering a sort of Pavlovian response that equates TV with punishment.” Read more

 

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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 the website at www.eyeonretail.net