Sears chairman Lampert seeks partner for bankruptcy financing – sources at Reuters. “Lampert’s hedge fund, ESL Investments Inc, has held discussions with Cyrus Capital Partners LP, an investment firm that holds some of Sears’ existing debt, about sharing the burden of funding portions of the $300 million loan.” Read more
Speculators are raising funds to invest in real estate near the winning Amazon HQ2 site at Wall Street Journal. “Mr. Copley says with proprietary software he can pick the most underutilized properties in any city. It will take him five minutes to narrow down the best 500 multifamily investments once Amazon announces a winning city, he added.” WSJ subs.
Walmart’s Jody Pinson (VP of Merch – Beauty) on Her Customer-First Approach by Faye Brookman at WWD. WWD subs.
Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch at Wall Street Journal. “(Uber) is seeking an operations executive who can help make delivery drones functional as soon as next year and commercially operational in multiple markets by 2021, according to a job posting that appeared on Uber’s website.” WSJ subs.
Canada Nearly Runs Out of Weed After Legalization at Fortune. Read more
Hasbro’s revenue misses estimates as Toys ‘R’ Us blow lingers at Reuters. “Sales in Hasbro’s U.S. and Canada segment fell 7 percent to $924.2 million, due to the loss of Toys ‘R’ Us revenue and an inability to meet shipping demands of other retailers.” Read more
‘Extremely dangerous’ Hurricane Willa aims for Mexico’s west at AP News. Read more
North Korea bought at least $640 million in luxury goods from China in 2017 in defiance of U.N. sanctions, South Korea lawmaker says at Reuters. “Kim has bought lavish items from China and other places like a seaplane for not only his own family, and also expensive musical instruments, high-quality TVs, sedans, liquor, watches and fur as gifts for the elites who prop up his regime,” opposition lawmaker Yoon Sang-hyun said in a statement.” Read more
Dallas Cowboys owner would carry Jeff Bezos ‘piggyback’ to get him to buy Seattle Seahawks at GeekWire. Read more
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Bloomingdale’s heiress marries in lavish California beach wedding at Daily Mail. “The heiress to the New York department store married her partner, lighting designer Dada Stileman, in a lavish ceremony in Santa Barbara, California over the weekend. The couple wed in a traditional church ceremony before a guest list of society’s elite before enjoying a reception at the Four Seasons hotel Biltmore where they partied into the night.” Pics/Read more
Zero-waste stores pop up in the US at CNBC. “In Europe zero-waste markets have succeeded, but in the U.S. the sustainable store-design concept faces an uncertain future, though bulk-store entrepreneurs are undeterred.” Read more
Kroger-Walgreens Pickup Through the Shopper’s Eyes at Field Agent. “All five participants said their order was correct the first time. All users said their produce was either “extremely” or “very fresh,” and all participants rated their cold items “just right” with respect to temperature.” Video/Read more
Crowds pack Amazon Spheres for a whiff and glimpse of ultra-rare blooming of corpse flower at GeekWire. “Amazon opened The Spheres to the public for viewing of the corpse flower bloom on Saturday, and folks were lined up out the door well into the night.” Pics/Read more
As vaping surges, teen cigarette smoking ticks up after decades of decline at CNBC. “Last year, 8.1 percent of high school students reported smoking cigarettes, up from 7.6 percent the previous year…Teen smoking rates have plummeted since peaking in 1997 when 36.4 percent of high school kids smoked cigarettes.” Read more
Pilot escapes injury after setting plane down in Dick’s Sporting Goods’ parking lot at Indy Star. Pics/Read more
Tipsheet Extra Stories
Fires that burned 7 cars during Jets game blamed on hot coals
Burger King’s Halloween drink is giving customers a fright — in the bathroom
Atari Releasing Wood Veneered Portable 2600
Hackers breach healthcare.gov system, taking files on 75,000 people
Aluminum can shortage affecting some beverage companies
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