Target CMO Says NYC Opening That Went Viral for the Wrong Reasons Made It Rethink Its Strategy by Diana Pearl at Adweek. “Our intention was to celebrate the community,” (Rick) Gomez said. But in trying to do so, the team realized it had “made a big mistake” because it had “tried to be the community rather than being Target.” After coming to that realization, Target came out with an apology.” Tiered subs.
J.C.Penney CFO Jeffrey Davis Departs by Paul O’Donnell at Dallas Morning News. “…the Penney announcement didn’t specify where Davis is going…the third C-suite executive to leave the 114-year-old retailer this year.” Tiered subs.
Former Pilot Flying J president sentenced to more than 12 years in prison, fined $750K by Jamie Satterfield at Knoxville News Sentinel via USA Today. “The motive was hubris – his competitiveness … his desire to capture more market share for Pilot,” (Judge) Collier said. …”This degree of commandeering … the court is not aware of any reported case where such a situation has happened.” Read more
Lowe’s new CEO plans to ‘replicate Home Depot playbook’ by Lisa Fickenscher at NY Post. “Lowe’s has suffered from “self-inflicted mistakes,” (Marvin) Ellison told analysts at a closed-door meeting this week. Customers are too often told that merchandise is out of stock or reps are unable to locate whether a store has an item…Lowe’s also lacks local merchandise, Ellison said.” Read more
Ricker’s c-stores set to be purchased by Giant Eagle by Justin Mack at Indy Star. “The GetGo and Ricker’s brands are poised to join forces by year’s end…(not) immediately clear if Ricker’s will be rebranded as GetGo stores…Ricker’s operates 56 stores in Indiana, and is slated to open its 57th store soon.” Read more
N.J. PLASTIC (& PAPER) POLICE – Bag and straw ban would be the strictest in the nation by Michael Sol Warren at NJ Advance Media. “The proposal would ban stores from handing out single-use plastic shopping bags, plastic drinking straws and polystyrene food containers (like foam takeout clamshells) from being used in New Jersey. The bill would also create a 10-cent fee on single-use paper bags, which would finance a new “Plastic Pollution Prevention Fund.” Read more
Inside Amazon’s New 4-Star Store at CNBC. Pics/Read more
Publix to expand HQ in Lakeland, FL adding 700 new jobs by Andrea Lyon at WFTS ABC News. “Florida state incentives require Publix to add a certain number of jobs each year until the year 2027…They are looking to add on about 190,000 additional square feet to the present structure in Lakeland.” Pics/Read more
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Raley’s Elevates Keith Knopf to President & CEO Press release
Rare blue Amazon locker inside Chase Bank signals tech giant’s latest physical expansion by Taylor Soper at GeekWire. “…this one has Chase branding — “Even more 24/7 convenience from Chase,” reads the wording on the kiosk, with the Chase logo just beneath. The branch is open from 9 a.m. to 6 p.m. on weekdays, but the locker is accessible 24/7 for those who have a Chase card.” Pic/Read more
Nordstrom Local Opens Two More Locations in LA by Jefferson Graham at USA Today. Read more
Michaels expands kids’ crafting section in bid to win sales left behind by Toys R Us by Sarah Whitten at CNBC. “We call it creative play,” CEO Chuck Rubin told CNBC. “It’s kind of a variation of the toy market.” Read more
Top Amazon recruiting executive: Don’t be afraid to say ‘I don’t know’ in a job interview by Nat Levy at GeekWire. “Amazon likes to empower people to make tough calls…This, Williams said, comes into play with a concept called one-way doors and two-way doors…Two-way doors are smaller decisions where the company can always walk back through the door and reverse them. With one-way doors, there’s no turning back…” Read more
Tipsheet Extra Stories
NYC Airport Workers to Receive Top Minimum Wage: $19 an Hour
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Tim Hortons seeks to shut down ‘Tim Hottens’ knock-off restaurant
Secret Service Warns of Surge in ATM ‘Wiretapping’ Attacks
Amazon Sued Over Use of Artist’s Work in ‘Suspiria’
DJ Khaled buys $26 million Miami Beach home from inventor of ‘Baby on Board’ sign
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