Tipsheet: Lowe’s Privacy Breach | WinCo Long Lines | Neiman Hires Debt Adviser
Hundreds of Lowe’s customers’ personal information compromised by Paul Boyd at WSOC TV. “The breach is connected to a fax machine in Vancouver, Canada. A spokesperson from the company that owns the machine does not want to be identified, but said they have received more than 250 pages of customer order information in recent days.” Read more
Amazon and Repsol strike parcel pick-up deal at Financial Times via CNBC. “Customers will be able to receive deliveries at many of Repsol’s almost 4,000 outlets across Spain and Portugal, as the service is rolled out over the next two months. It follows a trial of the service in some of Repsol’s 320 sites in Italy.” Read more
Walton family heirs reduce stock holdings at Talk Business. “In recent weeks heirs of Wal-Mart Stores founders Helen and Sam Walton sold off more than 12.585 million shares of the retail stock with a market value in excess of $898.535 million.” Read more
Field Agent: Consumers slow to use ‘Alexa’ for online ordering by Kim Souza at Talk Business. “This minority of Echo users that uses the purchase function said they buy the following: Electronics 27%, Gifts 25%, Home goods 17%, Packaged foods 15%, Ready-to-eat meals 8%, Movie tickets 7%, Beverages like coffee or soda 7%.” Read more
Macy’s asking price may be too steep for bidders by Lisa Fickenscher & Josh Kosman at NY Post. “One explanation for the impasse, insiders say, is that some of the pressure on Macy’s to consider a sale has diminished in recent weeks. That’s partly because activist hedge fund Starboard Value is no longer interested in waging a proxy battle and has instead been reducing its stake in Macy’s, according to sources close to the firm.” Read more
Amazon and Pinterest Threaten to Shake Up the Search Ad Market by Mike Shields at Wall Street Journal. “In the past 12 to 18 months we’ve really been focusing on search,” said Seth Dallaire, Amazon’s vice president of global advertising sales at Amazon. “It’s still really early days for us.” Read more (subscription)
Shoppers pack new Nampa WinCo on opening day by Lis Stewart at Idaho Press-Tribune. “By 10 a.m., an hour after the doors opened, a line for the check-out stretched to the back of the store and employees were already re-stocking shelves of Cheetos.” Read more
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Neiman Marcus hires debt restructuring adviser at Reuters. “Neiman Marcus is in no immediate risk of bankruptcy, the sources said. However, the move makes it the highest-profile U.S. retailer to turn to a debt restructuring adviser so far this year, as consumers increasingly embrace the internet for shopping.” Read more
Amazon shuts down its cable store by Sarah Perez at TechCrunch. “Remember that time when Amazon decided it wanted to sell you internet service and cable TV? Well, that’s done now. Yep, Amazon’s “Cable Store” is no more.” Read more
Retailers are blaming bad results on the IRS being too slow to deliver tax refunds by Krystina Gustafson at CNBC. Read more
Ron Johnson: How to Beat Amazon at Recode. Audio/Read more
Rachael Ray cooks up apparel pop-up shop by Lisa Fickenscher at NY Post. “The Moxie Shop, as it’s called, will offer such apparel brands as Otte, Ganni and Mother. Accessories on display will come from Hadid Eyewear, April Soderstrom and Ellis Brooklyn. It will be open for a week. “These are things that I wear, stuff that’s loose and comfortable,” Ray said.” Read more
Amazon Education GM leaves; company says it ‘remains committed’ to K-12 technology by Todd Bishop at GeekWire. Read more
It’s Alibaba versus Amazon in India’s e-commerce market by Jon Russell at TechCrunch. Read more
DIVA-BETIC – Patti Labelle on Her Second Life as a Celebrity Cook by Kenzie Bryant at Vanity Fair. Read more
Lowes Foods launches pilot employee fitness program by John Brasier at Triad Business Journal. Read more
LESSON NOT LEARNED – Man who defrauded Home Depot gets prison for doing it again via CNBC. “Dooley was convicted in 2007 of defrauding Home Depot out of more than $330,000 in a similar scheme and received a five-year prison sentence.” Read more
Bird Flu Found in Tyson-Contracted Farm at Fox Business. “…the 73,500 birds will be culled to stop the virus from entering the food system, government and company officials said on Sunday.” Read more
Meijer to open its 1st stores in Michigan’s Upper Peninsula at The Detroit News. “Meijer is expected to open the first store in Escanaba on May 22, followed by another in Sault Ste. Marie this summer.” Read more
Mom persuades retailers to use special needs kids in ads at Chicago Tribune via Watertown Daily Times. “I wanted to cry,” Driscoll said. “I eat, breathe and sleep this change. So it’s a profound feeling when it’s your own child out there changing the face of beauty.” Read more
Tipsheet Extra Stories
Man has beef with Home Depot – puts racist slurs on his truck
Philly’s soda tax is crushing the city’s beverage business
Latest baby powder lawsuit snares Walgreens
Gwen Stefani takes kids shopping at Whole Foods in Studio City
Bad parking – car ends up on top of classic 1959 Corvette at Walmart
Walgreens evacuated after solar panels catch fire
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