Tipsheet: Amazon’s “Overbearing” Bracelet | RH +25% | Cookie & Container Shortage
RH Q3 net revenue +25% Press release
CVS Health CEO says it has 10,000 staffers ready to vaccinate seniors at nursing homes at CNBC. “CVS Chief Executive Larry Merlo said the company is ready to administer “vaccines into the arms of some of our most vulnerable populations” within 24 to 48 hours upon receiving its share of Covid-19 vaccines.” Video/Read more
Jeff Bezos’ Day 1 Families Fund awards $105.9M to 42 non-profits in third year of initiative Award list/Read more
Target employees claim the chain will wait to arrest shoplifters until thieves steal enough to get felony charges. at Business Insider. “Seven former and current Target employees across the US confirmed that it is common for the retailer to not immediately apprehend certain shoplifters and wait for the total value of the stolen items to reach a certain amount.” Read more
J.Jill Q3 total net sales down 29.4% Press release
Pepperidge Farm parent company warns cookies in short supply this holiday season at The Hill. Read more
‘People are flocking to music.’ Instrument stores are trying to keep up. at St. Louis Post-Dispatch. “The sales of musical instruments have been one of the few bright spots for stores. Foot traffic has crashed. In-person lessons have stalled. And rentals — without school programs — are almost nonexistent. Repair work is up, as are online sales, but they haven’t always compensated for the other losses. Guitar Center, the largest musical instrument retailer in the United States, reported an 85% jump in business in August, moving almost three times as many guitars as usual.” Read more
Google and Amazon fined for cookies breach by French privacy regulator at CNBC. Read more
**A message from Comfy Sacks bean bag chairs – stuffed with furniture-grade memory foam that cradles your body and resists compression. The premium bag category has seen amazing growth! Booklet | Video | Website | Request sample bag: info@eyeonretail.net
Amazon has a new health-tracking bracelet with a microphone that tells you everything that’s wrong with you at Greenwich Time. “Your body has too much fat, the Halo’s app shows in a 3-D rendering of your near-naked body. And even: Your tone of voice is “overbearing” or “irritated,” the Halo determines, after listening through its tiny microphone on your wrist.” Read more
Petco partners with DoorDash to provide same-day U.S. delivery at Reuters. Read more
…DoorDash soars 85% in Wall Street debut at CNN. “DoorDash opened at $182 per share, valuing the company at around $70 billion, or almost as much as FedEx. The company had priced its stock at $102 per share late Tuesday, up from its original proposed price range of between $75 to $85, a signal of strong investor demand. DoorDash shares finished the day at nearly $190.” Read more
Suzy Monford, Former Kroger, HEB exec named president, CEO of PCC Community Markets at Produce Blue Book. Read more
China’s exports pinched by global run on shipping containers at Reuters. “We have so many orders but just cannot ship things,” said Charles Xu, a mirror salesman in the export manufacturing hub of Yiwu in Zhejiang province who supplies U.S. retailers such as Walmart and Home Depot. “Boxes are piling up at our factory and we don’t have much space left. It’s just hard to book containers, and everyone is bidding for them with high prices,” he said.” Read more
Dollarama Q3 comp sales +7.1% Press release
Holiday Wine Shopping: How to Win the ‘Costco Treasure Hunt’ at Wall Street Journal. “We don’t have any more wine Advent calendars!” said a harried Costco staffer as he rushed by me. I’d just set foot in the Wayne, N.J., Costco, and he’d overheard me say “wine” to my husband. The Costco Advent calendar contains 24 half bottles of various wines and sells for under just $100—if you can find it. Neither wine nor desirable bottles last long on Costco shelves.” WSJ subs.
Tipsheet Extra
Michael Jordan’s golf course has a beer delivery drone
Hollywood Insiders Defend “Essential” Worker Status Amid Growing Criticism
Wakefern Expands Data Partnership With Catalina
Jessica Simpson Signs Multi-Media Rights Deal at Amazon
People washing hands so much during COVID it’s ruining their skin
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