Tipsheet: F.Dollar Secret Stealer | B.Buy +60 Tech Centers | Wgreen -600


Amazon’s Dream of Drone Deliveries Get Closer With Trump’s Executive Order by Alan Levin at Bloomberg. “Trump’s order, a response to calls from companies making and using drones, will allow local governments to apply to the Federal Aviation Administration for waivers allowing them to conduct tests of deliveries, drone air-traffic systems, long-range flights and other uses generally prohibited under current rules, Kratsios said.” Read more


Family Dollar worker stole secrets for her Dollar Express boyfriend, lawsuit alleges by Katherine Peralta at Charlotte Observer. “In her affidavit, Frailey admits to sharing a thumb drive containing the list with Siliakus, but she says she did not believe the information to be confidential. Frailey says that when she left Family Dollar, no one told her that any materials she had were confidential and should be returned.” Read more


Walgreens to Shutter Almost 600 Rite Aid Stores as Part of Megadeal by Phil Wahba at Fortune. “The locations being closed were chosen because of overlap with another Rite Aid or Walgreens location, executives said. “The vast majority being closed are within one mile of another drugstore that we own going forward,” Alexander Gourlay, WBA’s co-chief operating officer, told Wall Street analysts.” Read more


Best Buy expanding teen-tech program by Anne d’Innocenzio at AP. “Best Buy is expanding an after-school tech program for underprivileged teens….(Best Buy) said Wednesday the number of tech centers will grow to 60 from 11 over the next three years. The centers, hosted by nonprofit organizations with strong financial support from Best Buy, let teens explore technology such as robotics and 3-D printing.” Read more


Nike to re-focus efforts from 30,000 retail partners to just 40 by Clare Duffy at Portland Business Journal. “Nike officials said the company won’t necessarily remove Nike products from those other retailers, but over the next several years will focus its resources, marketing efforts and exclusive product offerings on 40 key partners, including Foot Locker and Nordstrom. The company did not release the full roster of the 40 select retail partners.” Read more | WSJ article (subs.)


…Nike CEO Mark Parker on CNBC in interview Wednesday afternoon “The whole speed to market, the connection to consumers, the direct connections we have to consumers powered by digital and membership is enormous,” Parker told CNBC’s “Closing Bell.” Video/Read more


Build-A-Bear Q3 comp sales -7.4% Press release


**A question from BK Resources – When a Restaurant owner, plumber or GC shops your assortment do they find the food service equipment required for their business? BK Resources is a leading supplier of stainless steel: commercial faucets, sinks, work tables, bar equipment, ice bins and more. Grab your fair share of this business! Catalog | Website | Custom/Sample requests


A Record Amount of Brick and Mortar Stores Will Close in 2017 by Keshia Hannam at Fortune. “Retailers have announced plans to shutter more than 6,700 stores across the U.S. this year, CNN cited retail think-tank Fung Global Retail & Technology as saying. That beats the previous all-time high of 6,163 store closings that occurred during the 2008 financial meltdown (according to estimates by Credit Suisse).” Read more


Supervalu Inc. Faces Push From Activist Investor Blackwells Capital by Heather Haddon & David Benoit at Wall Street Journal. “Blackwells Capital LLC, an alternative-investment fund that is one of the company’s 10 biggest shareholders, wants the grocery company to sell dozens of its stores and bring in new leadership, among other demands, according to a letter viewed by The Wall Street Journal.” Read more (subs.)


Dell vendor loses control of key support domain after forgetting to renew it – vendor also names Best Buy as a client at Krebs on Security. “A Web site set up by PC maker Dell Inc. to help customers recover from malicious software and other computer maladies may have been hijacked for a few weeks this summer by people who specialize in deploying said malware, KrebsOnSecurity has learned.” Read more


Meijer Home Surpasses Half Million Deliveries Press release


IRI: Sentiment from millennials, Generation X, baby boomers, seniors on private label:

Buy private label brands to save money: 90%, 87%, 81%, 81%
Private label products are just as good in quality as national brands: 83%, 79%, 72%, 71%
Private label products are a better value than national brands: 75%, 71%, 65%, 64%   Press release


Millennials in $1,400 Gucci Shades Lead Luxury-Goods Revival by Robert Williams at Bloomberg. “As millennials catch the luxury bug, Bain has raised its spending forecast for the industry twice this year from an original range of 1 percent to 2 percent.” Read more


Martha Stewart Thanksgiving meal kits return, and this time they’re cheaper at CNBC. Read more


Majority of white Americans feel discriminated against: poll by Charles Ventura at USA Today. “The poll, conducted by NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health, found that 55% of whites surveyed believe that “discrimination against white people exists in the U.S. today.” Read more


Pair Eyewear, the Warby Parker for kids, launches today by Jordan Crook at TechCrunch. Read more


Tipsheet Extra Stories

Woman thanks Home Depot employee who bought Halloween costume supplies for son in wheelchair

Private Missouri College Creates Mandatory Patriotism Class

Kellogg’s to replace racially insensitive Corn Pops boxes following Twitter call out

Report: Macy’s has buyer for Chicago flagship

Home Depot Is Removing Formaldehyde as Part of Push to Go Green

Toys ‘R’ Us vendors are shipping again, lawyer says

Read Tipsheet Extra Stories



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