Tipsheet: Avenue Has 60 Days | Lowe’s -Thousands | Poshmark Breach
Plus size retailer Avenue has 60 days to find a buyer — or it will shutter all of its 260 stores across the country by Lisa Fickenscher at NY Post. Read more
Publix Q2 comp sales +4.8% Press release
Lowe’s is eliminating thousands of maintenance and assembly worker jobs and outsourcing them to third-party companies at CNBC. “Associates who were in these positions will be given transition pay and have the opportunity to apply for open roles at Lowe’s,” the company said in a statement to CNBC.” Read more
Floor & Decor Q2 comp sales +3.0% Press release
Target bringing back nearly 300 special collection items to celebrate 20 years of designer partnerships at MarketWatch. “The Anniversary Collection, which launches online and in Target stores on September 14, will include clothing, accessories, home items, and more. Prices will range from $7 to $160.” Read more
Wayfair Q2 direct retail net revenue +42% Press release
Analysts sorting winners and losers as new set of tariffs take aim at Nike, retailers at CNBC. Read more
eBay accuses Amazon of illegal scheme to poach e-commerce sellers in new lawsuit by Nat Levy at GeekWire. Read more
Sprouts Q2 comp sales +0.1% Press release
**A message from EasyLock: Lock your door with a simple twist! Deadbolts aren’t getting locked – people leave home in a rush and don’t want to fumble for the key. Introducing the EasyLock keyless locking deadbolt. No key required – twist to lock. Sell sheet | Sample: info@eyeonretail.net
An Amazon driver theft ring sold stolen goods for 6 years, raked in millions in sales via USA Today. “Among those who provided stolen items to the pawnshops were two contract Amazon drivers, Kroshinsky said. Their job was to travel to Seattle-Tacoma International Airport, pick up items being returned to the company…Instead, they routinely stole the goods and sold them to the pawnshops, she wrote.” Read more
Etsy Q2 revenue +36.8% Press release
73% of Americans back raising the minimum tobacco purchase age to 21 at The Hill. Read more
Natural Grocers Q3 comp sales +2.4% Press release
Poshmark, an online marketplace for buying and selling clothes, has reported a data breach at TechCrunch. Read more
Amazon will turn off the capabilities of all its Dash buttons worldwide on Aug. 31 by Ben Fox Rubin at CNET. Read more
Field Agent: Shoppers Try the New Aldi-Instacart Pickup “…of nine shoppers who tried the service, six said they’d be completely or very likely to use the service again in the future.” Video/Read more
Costco Business Center’s Dallas opening has been delayed by Maria Halkias at Dallas Morning News. “That destructive Dallas storm on June 9 has delayed the opening of Costco’s new Dallas store. Costco Business Center at 8282 Park Lane had planned to open Aug. 9, but it’s now scheduled to open on Sept. 5 at 7 a.m.” Tiered subs.
Dick’s Sporting Goods launches new private brand DSG “We saw an opportunity to better serve more athletes by designing quality products at a value that fits everyone,” said Nina Barjesteh, Senior Vice President of Product Development at DICK’S Sporting Goods.” Press release
Pentagon reconsiders $10B cloud contract as Trump sounds alarm over alleged Amazon favoritism by Monica Nickelsburg at GeekWire. Read more
Tipsheet Extra Stories
Mother of five fixes up & flips RVs and trailers
Boy thrown from Mall of America balcony no longer in intensive care
Costco’s Kirkland diapers put to the test
Alamo Drafthouse Sets ‘Clowns-Only’ Screenings of ‘It: Chapter Two’
Paula Deen restaurant closes inside Texas Bass Pro
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