Tipsheet: Jelinek #28 CEO | Wegmans #10 for Working Parents | Play About Target
Cyber Monday sales set to hit $6.59 billion, the largest ever online sum for a US shopping day at CNBC. “That projection, made by (Adobe) at 10 p.m. ET, would represent an increase of 16.8 percent when compared with the same time last year, Adobe found. The firm measures 80 percent of online transactions from 100 major U.S. retailers.” Read more
Wal-Mart and Kroger Get Tough With Food Suppliers on Delays at Wall Street Journal. “Kroger’s Mr. Clark said the company eventually will fine for any shipment that isn’t received on the due day. “If it was an occasional issue, it wouldn’t have been worth the time and effort” to police deliveries, he said.” Read more (subs.)
Comparably Ranks Top CEOs at USA Today.
Bezos #25
Jelinek #28
Wayfair, Shah #44
Dick’s Sporting Goods, Stack #48
OUR WALMART ON THE HUNT – NY Times: As Walmart Buys Online Retailers, Their Health Benefits Suffer by Noam Scheiber & Michael Corkery. Read article
Play about ‘corporate mess Target made’ set in empty Canadian Target store by Flora Pan at CBC News. “On Sunday Dec. 3, a stage reading will take place in a former Target store in The Centre on Barton. He said while it’s not a full-scale production at this point, there will be some interested staging aspects to the performance on Sunday. And he feels he owes it to the people told him about their experiences, to show them what has come out of those interviews.” Read more
The 50 Best Companies for Working Parents (Wegmans #10) at Fortune. Top 50 list
**A message from deVaca – 50% of coffee drinkers limit consumption due to caffeine concerns. Boost coffee category sales with deVaca coffee substitute – the all-natural, caffeine free, non-GMO barley coffee grown and roasted in the USA. Sell sheet | Sample: info@shiftmarketinggroup.net
SELFIE HELPER – Millennials’ growing demand for makeup is the lipstick on retail’s pig by Julie Creswell at NY Times via Seattle Times. “When Ulta held a meet-and-greet in November at a store in Los Angeles with Jaclyn Hill, a YouTube beauty personality, nearly 700 followers stood outside for hours — some even camped overnight — to meet her…In the past year, global views of beauty videos on YouTube surged 60 percent, to 219 billion, according to Pixability.” Read more
Home Depot to Host 2017 Investor and Analyst Conference on December 6 Press release
Kwik Trip Reveals Plans for $300M Facilities Expansion at Convenience Store News. “Kwik Trip owns and operates more than 600 retail convenience stores in Wisconsin, Minnesota and Iowa. The company is building 56 new stores in 2017.” Read more
NRF Ask Supreme Court to Let Patent Office ‘Apply Its Expertise’ Press release
C-O-S-T-O-C-O: Man a Victim of Piracy After Typing Extra Vowel by Samantha Chatman & Chris Chmura at NBC 5 News. “The page asked Allen to do an eight-question survey. As a “thank you,” Allen was offered a free bottle of face cream if he paid shipping. Allen called the Responds team after four $97 and $98 charges appeared on his credit card for a cosmetic “membership.” He returned the cream and complained to Costco in writing.” Read more/Video
Kroger ends Texas warehousing contract, nearly 700 jobs cut by Korri Kezar at Dallas Business Journal. Read more
Retailers are the first to feel the pinch as Canada’s red-hot economy cools down at Financial Post via Vancouver Sun. “The Canadian economy is expected to cool in the latter part of 2017 and into 2018, (and) much of the slowing is expected to reflect more moderate consumer spending and a cooling — not collapsing — housing market,” says Craig Wright, senior vice-president and chief economist at RBC Economics Research.” Read more
RH Unveils RH West Palm, The Gallery at CityPlace Press release
‘Organic’ eggs don’t require chickens to have open-air pens, USDA says by Geoffrey Mohan at LA Times via Seattle Times. “Agriculture Secretary Sonny Perdue (who is not related to the chicken-raising family) left open a loophole in organic regulations that has allowed factory egg farms, some with 100,000 hens to a barn, to earn an organic imprimatur without much more than a nod to letting chickens leave their coop — that is, attaching a gated, screened porch to their barns.” Read more
Tipsheet Extra Stories
Pokémon Go players may have caused $7.3B in damages last year
Army Tests New Super-Soldier Exoskeleton
Springsteen Extends Broadway Gig by Four Months ($2M+ gross weekly!)
Ocado and supermarket giant sign deal to develop smart platform
Costco customers leave cars at store after shooting
Arby’s owner Roark to buy Buffalo Wild Wings for $2.4 billion
Amazon Takes a Trip In Virtual and Augmented Reality
**
Eye on Retail Tipsheet is must-read material for 20,000+ 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: Send story tips, press releases and advertising inquiries to info@eyeonretail.net
Website: www.eyeonretail.net