Tipsheet: Today Show Hits Target | “Kroger Express” in Wgreens | Kay Data Leak | D.Gen +2.8%
Dollar General Q3 comp sales +2.8% Press release
AutoZone Q1 comp sales +2.7% Press release
Kroger will Sell Groceries at Walgreens by Heather Haddon at Wall Street Journal. “The first “Kroger Express” sections will open by early next year in 13 Walgreens stores near the grocer’s Cincinnati headquarters. The companies said they would add more of the 4,000-square-foot displays of produce, Home Chef meal kits and other products if customers take to them. They will account for roughly a third of an average Walgreens selling space.” WSJ subs. | Yahoo article
…Kroger won’t sell store-brand items that compete with Walgreens’s private-label products, but it will take over its supply for branded goods
NBC Today Show: Which curbside grocery pickup is the quickest (not Target!)? Video
RH Q3 comp brand revenue +4.0% Press release
Target will be joined by Germany’s Metro in next year’s Techstars program by Evan Ramstad at Star Tribune. “…will give the startups who participate in next year’s program a chance to spend time at both its Minneapolis headquarters and Metro’s in Berlin. “One of the themes will be how to scale globally,” Target spokesman Joe Poulos said. “The ability to work with both Target and Metro offers substantial opportunity to a startup.” Tiered subs.
HD Supply Q3 organic sales +9.4% Press release
A $500 Device Helps a Mom and Pop Toy Store Find Shoppers on Google by Spencer Soper at Bloomberg. “While Pointy’s hardware has been around for four years, it just got more appealing thanks to a new partnership with Google that lets merchants buy “local inventory ads” that appear in the search results of nearby shoppers. Think of it as a Google Maps for local products.” Tiered subs.
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J.C. Penney Got Its Search Groove Back For Black Friday by Laurie Steven at MediaPost. “Kantar Media analysts found the retailer took 18.4% click share on Black Friday. Macy’s followed with 7.6%, Sears with 7.2%, Kohl’s with 7%, and Verizon Wireless with 5.9%.” Read more
Jared, Kay Jewelers Parent Fixes Data Leak at Krebs. ““When a customer first brought this matter to our attention in early November, we fixed it for all new orders going forward,” Lancaster said. “But we didn’t notice at the time that this applied to all past orders as well as future orders.” Read more
Amazon briefly edges out Apple for most valuable company at Reuters. Read more
Apple launches online store for active military and veterans with discounted pricing at USA Today. “The discount covers hardware, software, speakers and accessories, including products from third parties. But there will be some minor exceptions, Apple says, and the price break won’t apply to iTunes/Apple Music content.” Read more
Judge says he may order halt to integration of CVS-Aetna via NY Post. “Judge Richard Leon of the US District Court for the District of Columbia complained at a hearing last week that the two sides had treated him as a “rubber stamp” for the deal.” Read more
Giant Eagle Completes Acquisition of Ricker Oil Company Press release
The Trouble With Tuna: ‘A Lot of Millennials Don’t Even Own Can Openers’ by Jesse Newman & Annie Gasparro at Wall Street Journal. “In a country focused on convenience, canned tuna isn’t cutting it with consumers. Many can’t be bothered to open and drain the cans, or fetch utensils and dishes to eat the tuna.” WSJ subs. | CNBC article
Post office will suspend most mail service Wednesday for Bush funeral at The Hill. Read more
CAN’T WIN – Amazon tweets about Flex driver who lost 100 lbs on job – internet mocks by Kurt Schlosser at GeekWire. “The story on the KSHB 41 Action News website said that Jackie Crow “jogs and smiles” while delivering packages for the tech giant. She slimmed down from 300 pounds to 198, and said she feels great and has more energy.” Read more
Mastercard, Visa Propose Cutting Fees for European Merchants by Allison Prang at Wall Street Journal. WSJ. subs.
Investor group wants Walmart & Vans Shoes execs to join Big 5 Sporting Goods Board Press release
Why America’s recycling crisis may get even worse very soon by Brian Sozzi at Yahoo Finance. “Sixteen materials, such as compressed automobile metals, will be banned from import starting on Dec. 31, 2018. The other 16 types, including wood pellets, titanium waste and scrap, are slated to be banned on Dec. 31, 2019.” Read more
True Value and Carter Lumber join forces Press release
Canadian branch of 1-800-FLOWERS reveals that malware on its website had siphoned off customers’ credit cards over a four-year period by Zach Whittaker at TechCrunch. Read more
Tipsheet Extra Stories
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Why the world is becoming more allergic to food
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Apple Music Unveils Its Top 100 Songs and Albums for 2018
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