Tipsheet: B.Buy Next Day | H.Dep Tornado | Macy’s No Fur
Best Buy now offering next-day delivery with no minimum order at AP. “Best Buy says the next day service covers thousands of items but excludes bigger items like TVs and refrigerators.” Read more
Destination Maternity to close 183 stores in Chapter 11 bankruptcy by Nathan Bomey at USA Today. “The company had 446 stores in the U.S., Canada and Puerto Rico as of Aug. 3. It also operated 491 shops-within-a-shop at various department stores and baby specialty retailers.” Read more
Walmart CEO writes to PM, seeks stable business environment at The Economic Times. “The letter comes at a time when a body of small traders, which has been accusing Flipkart and Amazon of “unfair business practices” and violation of FDI rules, has stepped up its opposition against the foreign-owned marketplaces.” Read more
Nordstrom wants its new Manhattan store to be a place where women can discover new brands at CNBC. “When Nordstrom’s first full-line department store for women in Manhattan opens to the public on Thursday, at 225 West 57th St., there will be a pop-up space for Everlane, a trendy women’s and men’s apparel brand that started on the internet and currently only has a handful of stores in the U.S. You’ll also find Birdies ballet flats, dresses from Reformation, jewelry pieces from Kendra Scott and Dirty Lemon’s collagen- and charcoal-infused beverages.” Read more
Dallas tornado rips through Home Depot & Central Market at CBS DFW. Video
The market for adult diapers, disposable underwear and absorbent pads is growing fast, up 9% last year to $9 billion, having doubled in the last decade at Reuters. “But manufacturers like market leaders Essity and Kimberly-Clark Corp reckon only half of the more than 400 million adults likely to be affected by weak bladders, are buying the right products, because they are too embarrassed.” Read more
Macy’s to stop selling real fur by end of fiscal year 2020 at AP. Read more
**A message from EasyLock keyless locking deadbolt: Deadbolts are useless if left unlocked. EasyLock = no key required/twist to lock. Video | Sell sheet | Sample @ info@eyeonretail.net
Former Stitch Fix COO is rewriting the e-commerce playbook by Kate Clark at TechCrunch. “Coming out of stealth today, the team at The Yes is readying a beta mode to better understand and refine their product. Bornstein and Aggarwal have raised $30 million in venture capital funding to date across two financings.” Read more
Barneys may cut hundreds of staffers within weeks by Lisa Fickenscher at NY Post. “Barneys informed 785 employees across New York that they could lose their jobs on Nov. 1. The layoffs would include staffers at Barneys’ two Manhattan stores, including the Madison Avenue flagship; its e-commerce unit and back-office facility in Long Island City; its Woodbury Common outlet center and its Fifth Avenue headquarters, the notice said.” Read more
Top radio advertisers for the week: Walgreens #3 (up from #45), Home Depot #5 (down from #1) at Radio Ink. Read more
United Colors of Benetton to open its first U.S. Pop-Up shop in more than 4 years Press release
Under Armour’s Kevin Plank says he and new CEO Patrik Frisk will ‘divide and conquer’ at CNBC. “(Frisk) will still report into Plank, however, as the founder transitions to an executive chairman role and becomes brand chief…“It will empower us. It’s gonna be freedom,” Plank told CNBC’s Courtney Reagan in an interview.” Video/Read more
Synchrony and Dick’s Sporting Goods Announce a Multi-year Extension Press release
Tipsheet Extra
The 10 food trends Whole Foods says you’ll eat up in 2020
Moon’s browser extension lets you pay with bitcoin on Amazon
‘Breaking Bad’ Restaurant Los Pollos Hermanos Comes to Life
Founder of restaurant on the 9th floor of Barneys escorted out of the building
Jeff Bezos unveils partners in building a human-capable lunar landing system
**
Eye on Retail Tipsheet is must-read material for retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.
Subscribe to Eye on Retail Tipsheet here
Contact us: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net
Website: eyeonretail.net