Tipsheet: Lowe’s SVP to L.Liquidators | Buys Hayneedle | 36% Trust Target with Data


Lumber Liquidators sales fall more than expected via CNBC. “Sales at Lumber Liquidators’ stores open more than 12 months fell 17.2 percent in the quarter, much steeper than the 12 percent drop expected by analysts polled by research firm Consensus Metrix.” Read more


Ex-Lowe’s Exec Named COO at Lumber Liquidators via Yahoo. “(Dennis) Knowles was responsible for overseeing the omni channel operations of more than 1,700 Lowe’s stores across the country.” Read the release


Amazon Partners With British Supermarket Chain Morrisons For Fresh Grocery Deliveries by Catherine Shu at Techcrunch. “Amazon has signed a wholesale supply deal with Morrisons, one of Britain’s largest supermarket chains, to deliver fresh and frozen groceries to Amazon Prime Now and Amazon Pantry customers.” Read more acquires online retailer Hayneedle by Tracy Maple at Internet Retailer. “Hayneedle, No. 95 in the Internet Retailer 2015 Top 500 Guide, had Internet Retailer-estimated 2014 web sales of $404 million.” Read more


…’s purchase of Omaha-based Hayneedle an ‘ideal fit,’ say execs; 400 local jobs staying put by Cole Epley at World-Herald. “Jet required hardly a couple months’ worth of consideration to decide to buy the 14-year-old Omaha-based company, executives from both organizations told The World-Herald on Friday.” Read more


**Show Spotlight – ASD Market Week is Open for Business! This week we open the doors of the Las Vegas Convention Center to 45,000+ attendees looking to shop the world’s widest variety of wholesale lifestyle accessories and general merchandise at the lowest price points available. Discover hot new products and stylish finds from over 2,600 vendors in categories including: fashion & accessories, beauty & fragrance, gift & home, toys & novelties and many more. See product categories | See the show floor video | Register now


Survey: Consumers Trust Amazon More than Walmart/Home Depot/Target to Keep Personal Information Secure by Rich McCormick at The Verge. “More than 50 percent of voters said they were confident in Google, Apple, and Amazon’s abilities to keep data secure…That figure is cast into stark relief when compared to the 36 percent that said they trusted Target with their data, and the 37 percent that trusted Home Depot.” Read more


Donald Trump to Amazon: If He’s President ‘They’re Gonna Have Such Problems’ by Dawn Chmielewski at Recode. “Trump says Bezos bought the Washington Post to gain political influence, which the e-commerce billionaire plans to use to the benefit of Amazon.” Read more


The 5 best digital marketing success stories of 2015 by Stefany Zaroban at Internet Retailer. “Best Email Marketer in E-Commerce: Beyond the Rack: Discount flash-sale retailer Beyond the Rack gets 16.2% of its website traffic from customers clicking on its email campaigns, according to web traffic measurement firm SimilarWeb.” Read more


American Express Enters into Agreement to Sell Costco U.S. Cobrand Portfolio  Read the release


Home Depot to disclose more details about its rooftop solar strategy in the next 12 to 18 months by Heather Clancy at Green Biz. “As of 2012, we had 2,000 roofs, but very few of our buildings had roofs that would be there for the next 15 years,” noted Craig D’Arcy, director of energy management for the Home Depot. It made sense to delay significant distributed solar projects until the buildings were updated, D’Arcy said.” Read more


Target to Webcast Presentation to Investors on March 2 “Target will webcast its meeting with the financial community on March 2 from approximately 2:30 p.m. to 4:30 p.m. Eastern time.” Read the release


Men are twisting the knife that’s already killing shopping malls by Mallory Schlossberg at Business Insider. “When it comes to e-commerce, men drive nearly as much overall spending online in the US as women. The conventional wisdom is that women drive shopping trends, since they control up to 80% to 85% of household spending,” BI Intelligence reports.” Read more


Tipsheet Extra Stories

Retail CEO Endorses Rubio

Chris Rock Sold $65,000 Worth of Girl Scout Cookies at the Oscars

Why I disrupted the Whole Foods CEO at Stanford

‘Super lice’ outbreak hits half of America as strain is found to be resistant to most over-the-counter treatments

P&G sues discount retailer

Read Tipsheet Extra Stories