Tipsheet: Target’s 1st Beer Cave | H.Depot CMO in Video | Costco – Just Say No


CNBC: Retailers cutting costs at the expense of quality by Krystina Gustafson. “…These lower-quality tops can be made from rayon (derived from wood pulp) or other synthetic materials, he said. By using such lighter fabrics, clothing is both cheaper to produce and ship. “The truth is you can create sheer tees from practically anything,” Quan said.” Read more


HOME DEPOT CMO TRISH MUELLER FEATURED IN “ABOVE THE CLUTTER” VIDEO via Ad Age. “Above the Clutter With Pete Krainik” cuts through the jargon and the myriad links, sales pitches and distractions in an “Anthony Bourdain No Reservations” meets “Undercover Boss” style…” See the video


Target Now Has a Beer Cave as Part of Its Alcohol Sales Push by Brian Sozzi at The Street. “The company added whimsical, large red signs (see first photo below) above cooler doors to help grab a shopper’s attention to the expanded selection of wines and craft beers. Part of the department’s remodel included what Target calls its first-ever (and only) walk in “beer cave.” Read more


Costco recommends that shareholders reject TRC “mini-tender” offer via Reuters. Read more


Jordan Spieth’s Masters meltdown costs Under Armour by Lisa Fichenscher at NY Post. “Under Armour’s SEC filings show that sales to its biggest customer — Dick’s Sporting Goods, according to Morgan Stanley — were down 8 percent in the fourth quarter last year. “We think Under Armour’s issues in its women’s apparel business and running footwear create heightened risk that it will not deliver the numbers the Street expects long-term,” Sole wrote.” Read more


Chicago: Macy’s, Block 37 apartment tower collaborate on model units by Lauren Zumbach at Chicago Tribune. “Macy’s created two model apartments in its eighth-floor furniture department — a studio and a one-bedroom unit — furnished with merchandise from Macy’s. A model unit within the 38-story, 690-unit Marquee at Block 37 building will also be furnished with Macy’s furniture and decor once the building opens June 1.” Read more


Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada by Catherine Shu at TechCrunch. Read more


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Target: From San Francisco to Minneapolis…Notes from a Relocated Tech Entrepreneur at A Bullseye View. Read more


Costco Analytics Manager to Speak at Conference by Tim Denman at RIS. “Kyle Wierenga, manager, advanced analytics, Costco Wholesale, will discuss the maturation from descriptive to predictive to prescriptive analytics and share strategies for building advanced capabilities. He will also explore the wins, impacts and value predictive analytics provide and how to build an advanced analytics team.” Read more | Full agenda’s CEO takes medical leave via CNBC. “The cause for the leave is stage IV hepatitis C. Byrne contracted it in China in 1984 when he had a head wound sewed up under what he termed as “less -than-ideal” conditions.” Read more


How Grocery Stores Can Survive Amazon by Shelly Banjo at Bloomberg. “Amazon will never take the whole grocery market, but they’ll take the top 10 percent of the most profitable customers, and few retailers can afford to lose the top 10 percent,” Tarrant said in an interview.” Read more


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A ‘mystery shopper’ scam is targeting Walmart customers by Hayley Peterson at Business Insider. “…Once you deposit the check into your account, the scammers drain your account, according to the Massac County (Illinois) Sheriff’s Department.” Read more


Luxury brand Prada plans to double down on online sales at Bloomberg News via Internet Retailer. “The Milan-based company also will close stores and narrow the spread on prices of new products between regions to about 10%, strategic marketing director Stefano Cantino said in an investor presentation Monday in New York.” Read more | See the investor presentation


Tipsheet Extra Stories

Fisher-Price Taps Star Designer Jonathan Adler To Make Baby Gear Chic

Duluth Trading set to open first Illinois stores

Wife of murdered Walmart loss prevention manager speaks

Surveillance cameras sold on Amazon infected with malware

‘Omega block’ weather system to push polar vortex aside and increase temps by 20 degrees this week

Read Tipsheet Extra Stories


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