Tipsheet: Kroger CEO @ CNBC | Wmart #21 Patriotic | Target Launches Restock | Tesco Cuts 1,200
Kroger CEO Appears on CNBC “The [Amazon-Whole Foods] deal didn’t surprise me,” McMullen said in a rare, exclusive interview with CNBC’s “Squawk on the Street” on Tuesday. “I think the retail industry is in constant change. We’ve been saying that for years.” Read more/Video | Interview Transcript
Target launches Restock home delivery service, takes aim at Amazon by Kavita Kumar at Star Tribune. “Orders placed by 2 p.m. Monday through Thursday will reach customers’ doorsteps by the next day, Target said. That cutoff time is a half-hour later than when Target first announced the program last month. Orders placed over the weekend will arrive on Tuesday.” Read more
Best Buy introducing Amazon Alexa and Google Home experiences to 700 U.S. stores by Kurt Schlosser at GeekWire. “Products nearby that can interact with these voice-enabled devices include Nest thermostats, Philips Hue lighting, Insignia Smart Plug, and more.” Read more
Tesco to cut 1,200 HQ jobs as part of major cost-cutting drive at Metro. “The supermarket giant informed affected staff on Wednesday morning about the cull, which amounts to 25 per cent of employees at offices in Welwyn Garden City and Hatfield.” Read more
Wal-Mart’s new food truck is giving away free sliders by Katherine Peralta at Charlotte Observer. Food truck pic/Read more
Top 50 Most Patriotic Brands: Brand Keys (#21 Walmart, #25 L.L.Bean, #30 Amazon) Press release
How Female Mentors Helped Barneys’ Marina Larroudé Rise to the Top by Erin E. Clacker at The New Yorker. “Looking back, what advice would you give to your younger self? “I wish someone had told me early on in my career that the higher you move up the ladder, the more you will work. There is no turning off.” Read more
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Walmart dominates paid search among online grocery-related terms by Zak Stambor at Internet Retailer. “Walmart’s spending was nearly double of the next-biggest spender, Aldi, which spent $441,000.” Top 10 list
Alimentation Couche-Tard obtains clearance from the Competition Bureau in Canada for the acquisition of CST Brands Press release
Blue Apron slashes its IPO range at CNBC. “Blue Apron now estimates it will price its IPO at $10 to $11 a share. Previously, the company was expecting to price shares between $15 and $17 apiece.” Read more
Newest Nordstrom Pop-In shop looks like the inside of a computer and features tech-focused gear by Kurt Schlosser at GeekWire. “Starting Friday, the latest iteration of the curated shops — Pop-In@Nordstrom: Gets Wired — will open in select stores and online and offer more than 125 tech-themed products for home, fitness, health, travel, accessories, pet care, and more.” Read more
STRIPES BATTLE – Forever 21 is Suing Gucci Over Stripes by Stephanie Chan at Hollywood Reporter. “The claim is a response to Italian luxury house Gucci, whose representatives sent a letter in December 2016 demanding Forever 21 “cease and desist from any and all use of blue-red-blue stripes,” according to court documents.” Read more
Hank Meijer says dad would have been proud of retailer’s new urban store format by Shandra Martinez at MLive. “(Meijer) is looking at replicating the small format store in other urban areas if it is successful in Grand Rapids, CEO Rick Keyes told MLive/The Grand Rapids Press.” Pics/Video/Read more
Southeastern Grocers to Commit All Profits on the Fourth of July to Hope For The Warriors Press release
This Amazon-backed media startup has raised $15 million to make a big bet on commerce by Jason Del Rey at Recode. “The company runs the media sites Who What Wear, Byrdie and MyDomaine, making a chunk of its revenue from affiliate fees…Clique also recently unveiled a new shopping app, and has designed and exclusively licensed a line of apparel to Target.” Read more
Interview with Antonio Ocaranza, Director, Corporate Communication at Walmart Mexico & Central America at Brand Channel. Q&A
MIT’s gas-powered drone is able to stay in the air for five days at a time by Brian Heater at TechCrunch. Read more
Yes, this IKEA bowl can start a fire, but it’s not getting recalled by Sarah Whitten at CNBC. “But, it turns out that it’s pretty simple to start a fire in IKEA’s bowl. I know, I did it.” Read more
Tipsheet Extra Stories
Body found in out-of-order Walmart bathroom by employee after three days
Meet JoJo, Jewel-Osco’s new mascot
Fresh Thyme Taps Roundy’s, Schnucks Vets for C-Suite
Subcontractor for Lowe’s admits to stealing jewelry from homes
Facebook had a plan to promote flu shots, but pulled the plug
People Can’t Get Enough of Trader Joe’s Canned Wine
Electric bike-share rides into SF, jumping ahead of Ford GoBike
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