Rally held opposing Target Express in South Park at ABC 10 San Diego. “About 100 people rallied in South Park on Sunday to oppose a planned Target Express store in the neighborhood…”It’s going to take shopping away from the locally-owned businesses, from the people who have lived here for a long period of time that do run those locally-owned businesses that need that income,” said Christina Maida, who opposes the store.” See the video / Read more
Lowe’s opens its global innovation center in Bengaluru, India by Anshul Dhamija at The Times of India. “It will employ approximately 500 people by the end of 2015. Robert Niblock, chairman, president & CEO of Lowe’s Companies Inc. said, “We are very excited about the Global Innovation Center here in Bengaluru, which will bring to fruition a valuable part of our analytics and technology potential.” Read more
Target faces a future of more modest growth by Kavita Kumar at Star-Tribune. “Cornell doesn’t want to set out these grandiose expectations like Steinhafel constantly did and then miss them,” said Brian Yarbrough, an analyst with Edward Jones. “They were a little bit out of touch. They were too bullish.” Read more
Walmart India appoints Ashwin Mittal as new Chief Financial Officer at India Today. “Mittal will be replacing Jill Anderson who is currently the CFO of Walmart India. Anderson will be repatriated back to Walmart US.” Read more
WSJ Discovers Pirate Joe’s in Vancouver by Chester Dawson. “This thing is basically a pop-up store that has gone on too long,” Mr. Hallatt said. Once a week he makes a half-day round-trip to haul some US$6,000 of merchandise to Canada packed into a white Dodge van with the words “Grocers without Borders” scrawled across one side.” Read more (Subscription)
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Two Target execs out as company shakes up ranks by Nick Halter at Minn./St.Paul Business Journal. “Tim Mantel, who had been senior vice president of merchandising, grocery, also left the company. In a Twitter message, he said he couldn’t comment on his departure.
“I hope the best for the people there,” he said.” Read more
Same-Day Delivery Startup Deliv Snags Former eBay Product Exec by Jason Del Rey at Recode. “Deliv, which has raised more than $12 million, runs a crowdsourced network of delivery people who handle same-day deliveries for brick-and-mortar stores and their e-commerce properties behind the scenes.” Read more
Fortune: The 25 coolest offices of the 100 Best Companies: Whole Foods employees work on laptops in ‘swings’ See the coolest offices
Minivan at Walmart has more Facebook friends than you by D.S. Woodfill at AZ Central. “Just curious, any way to see how many golden van selfies have been taken in the past 24 hours? I’ve never seen anything like this!” wrote one commenter. The answer, according to another poster, was that nearly 200 people had taken their picture with the car as of Sunday.” Read more
Salon Hits Amazon: Jeff Bezos relies on lowly grunts like me: Life as a cog in the Amazon machine by Steven Barker. Read more
Canada: Retailers expect to raise prices, feeling pinch of weak loonie by Marina Strauss at Globe & Mail. “The research found 70 per cent of respondents said last month they would have to raise retail prices by between 1 and 5 per cent, “with most mentioning increases toward the top end of the range,” the report said.” Read more
Mall of America owners thinking bigger mall in Miami by Tom Webb at Pioneer Press. “The proposed “American Dream — Miami” would have hundreds of stores, along with a covered seven-acre lake, an indoor ski slope (with artificial snow), submarines, an ice stadium, a sea lion show and an amusement park.” Read more
Dallas: Nebraska Furniture Mart is taking practice runs by Maria Halkias at Dallas News. “The Omaha-based retailer asked employees to invite their friends and family to shop there Wednesday and Thursday. Now the store is emailing small groups of people to shop at private events.” Read more
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