Tipsheet: Target #1 Pandemic Retailer | Sephora Destoying Returns | Pier 1 Black Friday


George Floyd protests force Walmart, Target and CVS to close stores at NY Post. “What’s disturbing over the last 24 hours is it isn’t just at night,” a Walmart spokesman told the Wall Street Journal on Sunday. “We’ve even had issues this morning in broad daylight. We want to make sure our associates are safe.” Read more


Target to temporarily close and adjust hours at 200 stores at Yahoo Finance. Read more


Forbes: Ranking of Nation’s Top Employers’ Responses to Pandemic (Target #2, Walmart #4, Lowe’s #6, Home Depot #8, Kroger #10, CVS #17, Walgreens #19…) Top 100 ranked


Coty Appoints Chairman Peter Harf as CEO to Spearhead Turnaround at Wall Street Journal. “Mr. (Peter) Harf’s appointment is unexpected since Coty, whose other brands include Clairol hair dye and OPI nail polish, announced only in February that Pierre Denis, previously head of the Jimmy Choo fashion brand, and a Coty director, would take over the CEO role this summer. He won’t get that chance now, though he will remain a company adviser.” WSJ subs.


India rejects Walmart-owned Flipkart’s proposed foray into food retail business at TechCrunch. “Several e-commerce and grocery firms in India, including Amazon, Zomato, and Grofers, have previously secured approval from New Delhi…A Flipkart executive, who did not want to be identified, said they were “at a loss of words” to assess on what ground their application was rejected.” Read more


Amazon reduces deliveries in some cities, says ‘brutal treatment’ of black people must stop at Fox Business. “Amazon reduced deliveries and changed drivers’ routes in cities including Chicago and Los Angeles, Bloomberg reported Sunday, citing an Amazon spokesperson.” Read more


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Looters who snag iPhones won’t be able to use them at Fox Business. “…since 2016, demo devices have only worked in-store. The iPhones can’t do anything but respond to “Find my iPhone” when removed from stores, 9to5Mac reported.” Read more


Chinese online grocery firm Dada looks to raise over $280 million in U.S. IPO at Reuters. Read more


FDA Pushes Back Cigarette Graphic Warning Implementation Date at Convenience Store News. “The request came as a joint motion in the R.J. Reynolds Tobacco Co. et al. v. United States Food and Drug Administration et al. The agency cited the COVID-19 pandemic and its impact on the both the tobacco industry and the FDA as reasons for the delay.” Read more


Store return policies have changed due to COVID-19 at USA Today. “Kohl’s CEO Michelle Gass said in an interview with USA TODAY that her stores extended the company’s “very generous” return policy of 180 days by 30 days…“We also have a ‘just say yes’ attitude so if people are returning things and it’s outside that we will meet the customer’s needs,” Gass said.” Read more


…Sephora will destroy all returned products at USA Today. Read more


Pier 1 raking in $20M a week in online going-out-of-business sales at NY Post. “We are blowing through Black Friday levels,” Chief Executive Robert Riesbeck told the court during a hearing that resulted in the company’s liquidation plan being approved.” Read more


Tipsheet Extra

Protesters shatter Amazon Go windows in Seattle

Spain creates a universal minimum income targeted at 2.3 million people

Krebs: Cybercrime is Mostly Boring

Cub Foods Chooses Digital Agency of Record

United Supermarkets Acquires Rights to August’s Pies

Read Tipsheet Extra Stories



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