Tipsheet: Kroger +0.1% | Costco +1.0% | D.Gen -0.1% | Wmart Exec @ Chamber | Bernie @ Amazon


Costco November Comp Sales +1.0% “Costco reported net sales of $9.95 billion for the month of November…an increase of three percent from $9.68 billion during the similar period last year.” Press release


Kroger Q3 Comp Sales +0.1% Press release


Dollar General Q3 Comp Sales -0.1% “…we saw an acceleration in headwinds from average unit retail price deflation and reductions in SNAP benefits in the 2016 third quarter as compared to the 2016 second quarter. We are focused on efforts to drive traffic in our stores…” Press release


Lands’ End Q3 Comp Sales -14.3% Press release


7-Eleven Seeks New Creative Agency by Lindsay Stein & Jessica Wohl at Ad Age. “Mzyme Marketing is supporting the review, which is expected to wrap in early December, according to the same people.” Read more


Wal-Mart’s Jane Ewing talks to room of suppliers by Kim Souza at The City Wire. “Ewing was asked what she thinks could be the next disruption in retail. She said the work in virtual and augmented reality is interesting and how it might apply to retail is exciting. When asked how the local supplier community will need to change as technology becomes more of a retail focus, Ewing said there will always be a need for the basic retail fundamentals, but cautioned suppliers from holding on to past assumptions.” Read more


When it comes to shopping, Canadians just aren’t clicking as only 2% of sales are made online by Hollie Shaw at Financial Post. “Considering that we have heard larger numbers from all sorts of sources in the past, the fact that it is actually that small comes as a surprise,” says Toronto-based retail analyst Ed Strapagiel.” Read more


IRI and Costco Wholesale Announce Launch of Costco CRX Australia Press release


Retailers Revamp Strategy to Handle Holiday-Season Demand by Paul Ziobro at Wall Street Journal. “Toys “R” Us Inc. is trying to avoid a repeat of last Christmas, when it had to deploy an unusual step: “sales prevention.”…To address the issue this year, the Wayne, N.J.-based company has prepared nearly its entire chain of 870 stores to help ship web orders during the holidays. It started cramming its stores with as many goods as possible weeks earlier than last year…” Read more (subscription)


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Q&A with Amazon Web Services CEO Andy Jassy by Dan Richman at GeekWire. Read Q&A


Amazon wants to ship your data to the cloud using a literal truck by Paul Miller at The Verge. “This is a sizable upgrade over Amazon’s existing Snowball service, in which Amazon ships you a secure 80TB “Storage Appliance” to load your data onto over 10Gbps Ethernet.” Read more


Wayfair Reports 52% Increase in Direct Retail Sales for Holiday Shopping Weekend Press release


Nestle Says It Has Found A Sweet New Way To Cut Sugar From Its Chocolate by Dominique Rowe at Fortune. “…by up to 40%. Nestle told Bloomberg that the process involves altering the structure of the sugar. Exactly how this works remains strictly secret, the company is still waiting to patent the process.” Read more


Bernie Sanders addresses crowd at Amazon HQ by Monica Nickelsburg at GeekWire. Pics / Read more


Fitbit in talks to buy smartwatch pioneer Pebble by Tim Bradshaw at Financial Times via CNBC. “…people close to the deal said Fitbit was paying a low price for the Silicon Valley-based start-up, which has struggled financially despite another $12.8 million Kickstarter campaign in June.” Read more


Sheetz: All salaried employees will earn a minimum base salary of $47,500 per year Press release


Levi’s asks customers to not bring guns into stores by Lisa Fickenscher at NY Post. “(CEO) Bergh shot off the letter, posted on his LinkedIn page, after a customer’s gun inadvertently went off in a Levi’s store, injuring the denim wrangler.” See letter / Read more


Fred’s Reschedules Q3 Release and Postpones Analyst Day Press release


Tipsheet Extra Stories

The $845 Wine Book That Dealers Can’t Keep in Stock

Can Walmart Keep Up Its Game Of Chicken With Visa?

NY Times: Though Awash in Fakes, China Rethinks Counterfeit Hunters

Here’s Why American Eagle Outfitters Shares Are Plunging

It’ll soon be illegal for businesses to punish customers for leaving negative reviews

Amazon partners with Techstars for new Alexa accelerator at University of Washington

Read Tipsheet Extra Stories


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