Target CEO Talks with Jim Cramer via CNBC. “We know 75 percent of millennials, if you talk to them today, they want to live in cities and around college campuses. So, we are simply just following the consumer” Cornell said.” See the video interview / Read more

 

Home Depot co-founder announces he is ‘cancer free’ by D.Orlando Ledbetter at AJC. “(Arthur) Blank made the announcement while speaking at the Georgia Technology Summit at Cobb Galleria in front of 1,500 people.” Read more

 

Costco buys building for Northeast Minneapolis store by Nick Halter at Minneapolis/St.Paul Business Journal. “Costco has bought a 175,000-square-foot warehouse in Northeast Minneapolis and plans to convert the building into one of its Business Center stores. Costco paid $8.3 million for the building at 3311 Broadway St. next to the former Be the Match headquarters.” Read more

 

Why Macy’s CEO Thinks the Amazon Threat is Overstated by Phil Wahba at Fortune. “They’re going to have an interesting challenge when they start getting all those returns coming back online,” Macy’s Chief Executive Terry Lundgren told analysts at an investor conference in New York this week. He noted that shoppers typically order multiple sizes of the same piece of clothing, keep the one that fits, and send the rest back.” Read more

 

Tiffany’s sales tumbled over the holidays and it expects the year ahead to be harrowing via Business Insider. “Sales at the upscale jeweler’s established stores open for at least a year fell 10 percent in the Americas region in the fourth quarter.” Read more | Press release

 

UnitedHealth Takes on CVS, Express Scripts With Drugs Deal by Zachary Tracer at Bloomberg. “Clients of OptumRx, the third-largest U.S. drug benefit manager after CVS Health Corp. and Express Scripts Holding Co., will be able to pick up 90-day prescriptions at almost 8,200 Walgreens pharmacies, rather than receiving them by mail.” Read more

 

Analyst: Amazon will be a top-10 player in the U.S. food and beverage grocery market by 2019 by Julie Verhage at Bloomberg. Read more

 

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Washington Post: How Sunday stopped being special for the American worker by Lydia DePillis. “Rhode Island and Massachusetts are now two of the last states to require retailers to pay time and a half on Sundays, and the retail industry is pushing hard to get the requirement rolled back in Massachusetts. “Sundays in retail have become unaffordable in our state,” wrote William Rennie, vice president of the Retailers Association of Massachusetts.” Read more

 

Nearly 200 Olympic hopefuls are working at Dick’s Sporting Goods as they prepare for Rio by Emmett Knowlton at Business Insider. “…in 2009, Home Depot ended its partnership with the U.S. Olympic Committee, citing financial hardships. Between ’09-’15, no company partnered with Team USA in this capacity. Enter Dick’s Sporting Goods…” Read more

 

Meijer buys land for expansion into Twin Cities by Nick Halter at Minneapolis/St.Paul Business Journal. “Meijer bought about 30 acres of land at the northeast intersection of Highway 610 and Zane Avenue in Brooklyn Park, Minn.” Read more

 

HHS chief: US Zika cases rise to 450 by Sarah Ferris at The Hill. “The figure, which includes Puerto Rico and the continental U.S., shows an increase of about 90 cases from the department’s latest Zika report about one week ago.” Read more

 

Global Pet Expo shows off weird, wonderful, waste-worthy by Kate Santich at Orlando Sentinel. “In the 6.3 miles of display aisles at the Global Pet Expo in Orlando this week, one overriding theme becomes clear: Someone is making big money off poop. We’re talking poop collection, poop transport, poop composting, poop disposal. Making poop smell better. Making cat poop less alluring to dogs. Making fish poop easier to filter out. “We have bear-sized poop bags,” one vendor proclaimed. Fortunately, there were no demonstrations.” Read more

 

Restoration Hardware woes may be more than a hiccup by Krystina Gustafson at CNBC. “To be blunt, we find it shocking over half of RH Modern products are currently not in stock and will take over two months on average before customers are even contacted about scheduling deliveries,” Chukumba told investors.” Read more

 

SEC says Amazon should allow shareholder vote on gender pay by Mari Saito & Nathan Layne at Reuters. Read more

 

Target Names Tom Kadlec SVP of Infrastructure and Operations via A Bullseye View. “The company also announced the hiring of Joel Crabb as vice president of architecture, with responsibility for enterprise architecture, agile practices and Application Program Interfaces (APIs).” Read the release

 

Chicago’s first cat cafe to be unusual blend of coffee and cat lovers by Robert Channick at Chicago Tribune. “Popular overseas, the cat cafe concept has gained steam since migrating to the U.S. two years ago, offering patrons a chance to chill in a coffeehouse setting that falls somewhere between domestic tranquillity and cat-lady crazy.” Read more

 

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