Target’s Brian Cornell Sits Down with Star-Tribune by Kavita Kumar. “We like light bulbs,” said Cornell, who celebrated his 56th birthday last week. “But we’re not going to be famous for selling light bulbs.”…Cornell met with the leaders of Warby Parker in New York, where he learned about how they vet ideas and quickly bring them to life. It was the first time a CEO of a big-box retailer had come to see the company’s offices…In November, Cornell met three generations of the Dayton family at a cocktail reception for Cornell and his wife, Martha, at the home of Eric Dayton.” Read more
Amazon Files Patent For 3D Manufacturing Orders In Delivery Vans by Nida Zamir at TechFrag. “Amazon has now filed a patent with the United States Patent and Trademark Office, for a new delivery system which will allow the e-commerce giant to manufacture customers’ orders using 3D printing technology while the orders are on their way to the customers’ doorstep.” Read more
…See the patent at USPTO
Seattle: Wal-Mart on the hunt for 1M square-foot distribution center by Marc Stiles at Puget Sound Business Journal. Read more
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’60 Minutes’ airs troubling report detailing major problems at Lumber Liquidators by Myles Udland at Business Insider. “60 Minutes sent an undercover team to a factory in China to speak with factory managers who admitted that product being produced for Lumber Liquidators was labeled “CARB 2” compliant when it fact it was not. When showed some of this footage during an interview with “60 Minutes” Anderson Cooper, Lumber Liquidators chairman and founder Tom Sullivan said the company would be in that factory “tomorrow.” Read more
…See the segment at 60 Minutes See the video
NY Times: China’s Long Food Chain Plugs In by Alexandra Stevenson & Paul Mozur. “Controlling China’s sprawling food supply chain has proved a frustrating endeavor. Government regulators and state-owned agriculture companies have tried to tackle the problem in a number of ways — increasing factory inspections, conducting mass laboratory tests, enhancing enforcement procedures, even with prosecutions and executions — but food safety scandals still emerge too often.” Read more
Kit & Ace, the new retail venture from the son of Lululemon Athletica Inc founder, has been resounding success by Hollie Shaw at Financial Post. “Since co-founding Kit & Ace nine months ago with his stepmother, Shannon Wilson, the “technical luxury” clothing brand has sold so well the pair is aiming to open 30 to 50 new locations in North America by the end of 2015.” Read more
Google campus plan would explode the concept of buildings & workspace by Nathan Donato-Weinstein at Silicon Valley Business Journal. “Google’s vision, contained in a master plan submitted to Mountain View officials…would see wide swaths of land returned to nature, crisscrossed by walking trails and dotted by plazas, community gardens and oak groves. New ground-floor retail, markets and cultural spaces would invite the public, and walking paths would run through at least one of the buildings — letting outsiders inside the Google hive.” Read more / See the 10 pics
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Eye-on-Retail Tipsheet is read worldwide by Retail Merchants & Executives and created early every weekday morning. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s happening in the world of retail. Contact us at info@shiftmarketinggroup.net.
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