Tipsheet: TGT +30%? | “Jerky Jihad” | Home Builders Oppose | Amazon Pickup in Chicago


Powerful storm lashes East Coast – More than 300,000 Bay Staters without power at Boston Herald. “Peak wind gusts overnight reached 78 mph – the equivalent of Category 1 hurricane force – according to the Massachusetts Emergency Management Agency.” Read more | Weather Channel video


Home Builders Will Oppose Republican Tax Bill by Richard Rubin at Wall Street Journal. “The plan nearly doubles the standard deduction, ends personal exemptions and likely repeals the deductions for state and local income and sales taxes. The combination would remove much of the incentive for the mortgage-interest deduction outside the highest-cost areas and could potentially hurt home prices.” Read more (subs.)


Target’s new changes could boost stock – Barron’s at Fox Business. “Target’s growing focus on online sales and other changes at the U.S. retailer could reward investors, propelling its stock to $75-$80 during the next two years, returning 20 percent to 30 percent, Barron’s reported on Sunday.” Read more


Under Armour’s Stephen Curry Shoe Is Delayed, Dealing Fresh Setback by Matthew Townsend at Bloomberg. “The adult version of the shoe — known as the Curry 4 — was slated to hit stores on Friday. But Foot Locker Inc., Dick’s Sporting Goods Inc. and Hibbett Sports Inc. are only allowing customers to order it with a shipping date of Nov. 18, according to Sam Poser, an analyst at Susquehanna Financial Group.” Read more


“The race for the $50 order is over, it’s been won by Amazon,” 1stdibs CEO David Rosenblatt said on the latest episode of Recode Decode. “The race for the $5,000 order has not been won.” by Eric Johnson at Recode. Read more/Podcast


Nordstrom’s new off-price store in New York offers a glimpse at what’s to come for the department store at CNBC. Pics/Read more


Stein Mart to eliminate 10% of corporate office headcount Press release


Amazon’s Instant Pickup quietly rolled out in Chicago by Lewis Lazare at Chicago Business Journal. “Three Chicago Instant Pickup sites include one near the University of Illinois at Chicago, another adjacent to DePaul University’s Lincoln Park campus and a third on North Clark Street near the intersection with West Diversey Parkway, also in Lincoln Park.” Read more


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Build-A-Bear chasing growth in tourist spots amid real estate overhaul by Lisa Brown at St.Louis Post-Dispatch. “The tourist Build-A-Bear stores have merchandise specific to its location. For example, at Bass Pro, camouflage bear clothing and items with Bass Pro logos will be available. At Busch Stadium, Build-A-Bear stocks Cardinals licensed gear.” Read more


Fewer smokes, more healthy food the future of convenience stores by Greg Trotter at Chicago Tribune via Toronto Star. “At the (NACS) trade show, protein seemed to be everywhere…“Protein is the new energy,” Lenard quipped. And the market for more upscale jerky products with modern attributes — cage-free, grass-fed and so on — in convenience stores is booming…“I call it a jerky jihad. It’s about as competitive as it gets.” Levin said.” Read more


Halloween isn’t just for humans anymore, as millions are getting their pets in on the action at CNBC. “This year’s spending is a nearly 5 percent jump from 2016’s $420 million and has doubled since 2010, when the NRF first began asking about pet costumes.” Top 10 pet costumes/Read more


Corona beer owner set to buy into world’s largest cannabis grower by David Reid at CNBC. “Constellation Brands has agreed to buy a near 10 percent stake in Canopy Growth Corporation, the world’s largest publicly traded cannabis company.” Read more | WSJ article (subs.)


Halloween Express’s COO Brad Butler is surprised that more seasonal retailers haven’t caught on to BOPUS by James Risley at Internet Retailer. “Amazon is set to lead Halloween shopping this year, but Halloween Express is experiencing success its in-store pickup options.” Top 10 online stores for Halloween purchases


CHICAGOLAND – ‘Amazon Stadium’ is the latest bait being dangled in front of Jeff Bezos by Elizabeth Crane at Recode. Pic


Foreign Companies in China Get a New Partner: The Communist Party by Chun Han Wong & Eva Dau at Wall Street Journal. “L’Oréal China placed signs featuring hammer-and-sickle emblems at its Shanghai staff cafeteria. In Chinese, the signs say that the cafeteria serves the party and other groups, while in English they call it an “employee service station.” Read more (subs.)


PetSmart gives Chicago pet lovers a new outlet to indulge their pets by Lewis Lazare at Chicago Business Journal. “The Groomery concept that PetSmart introduced earlier this week in west-suburban Oak Park, Illinois and in New York City is built on the premise that pet lovers want a place they can take their pooch — or other pet — for grooming that is in close proximity to where they live.” Read more


Amazon Lockers installed at Whole Foods in Fayetteville at Talk Business. Pic/Read more


Man got locked in a walk-in beer cooler at Kwik Trip – so he had a little party at The Washington Post via Pioneer Press. “Six hours, one 18-ounce Icehouse beer and three cans of Four Loko later, Van Ert was spotted by a Kwik Trip customer who told an employee that a man was trapped inside.” Read more


Tipsheet Extra Stories

Samuel Adams Just Unleashed a $200 Beer That’s Illegal in Some States

Quebec fur company fined $22,500 for trafficking in polar bear skins

Amazon Alexa chief: SNL spoof of Echo speaker is actually ‘kind of spot on’

Facebook denies listening to user conversations via microphones

Apple Reportedly Fires Engineer After Daughter Posts iPhone X Video

Read Tipsheet Extra Stories



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