New Starbucks partnership with Microsoft allows customers to pay for Frappuccinos with bitcoin at CNBC. “”It’s very big news for bitcoin because people say, ‘Where can you spend it?’ Now at every single Starbucks,” said Brian Kelly, founder and CEO of BKCM.” Read more
FedEx won’t charge extra fees for most packages delivered to homes during the peak holiday shopping season, except packages that are oversized, unauthorized or require additional handling. at Reuters. Read more
Top 15 celebrity endorsement deals in the fashion & retail industries by Spotted via CNBC.
10. Lord & Taylor and Christie Brinkley – 91.6
11. DSW and Mirai Nagasu (Olympic figure skater) – 91.4
The doomed Toys R Us rebrand that never came to be by Mark Wilson at Fast Company. “What it found were “parennials,” a group of millennials who are becoming parents at a rate of about one million people every year…The firm honed in on the backwards “R” as the piece of the brand with the most nostalgic affinity…Visually, the brand finds the sweet spot between the glossy corporate finish of Target and the hemmed boutique vibe of Hannah Anderson.” Pics/Video/Read more
…Blame Toys R Us closure for July jobs report miss at CNBC. “The economy added 157,000 jobs, but economists had been expecting 190,000. Retail gained a net 7,000 jobs, but in retail there was a large reduction of 32,000 jobs losses in hobby, toy and game stores.” Read more
Humana: Walgreens Clinic Partnership Won’t Prevent Walmart Deal by Bruce Japsen at Forbes. “Broussard wouldn’t provide details of what Walmart and Humana may do in the future, but indicated it would be on a bigger scale given the size of Walmart stores. He described the Walgreens clinics as “smaller clinics.”” Read more
LA Trader Joe’s reopens 12 days after deadly shooting by Morgan Winsor at ABC News. Read more
Amazon slammed for ‘insult’ tax bill in the UK despite record profits at CNBC. Read more
Apple Shares Details on Planned Tower Theatre Flagship Store in Los Angeles at MacRumors “The building, which features French, Spanish, Moorish, and Italian elements, was built to mimic the Paris Opera House. The Tower Theatre is in disrepair, though, and the area around it has become outdated, leaving the building’s owners and city council members eager for Apple’s revitalization efforts.” Pics/Read more
Bezos throws cash, engineers at rocket program as space race accelerates by Eric M. Johnson at Reuters. “Jeff Bezos is racing to pull his private space company out of start-up mode and move into production amid signals that his firm’s heavy rocket set for lift-off in 2020 may slip behind schedule, according to people familiar with the project.” Read more
**A message from BK Resources – Grab your slice of the growing stainless steel food service equipment market. Commercial faucets, sinks, work tables, bar equipment, ice bins and more. Catalog | Website | Contact
Sprouts: Q2 comp sales +2.0% – names new Chief Merchandising Officer “…appointed Dave McGlinchey to the new executive role of chief merchandising officer. McGlinchey was previously senior vice president of merchandising services.” Read more
Harris Teeter cuts pharmacist hours & pay by Jennifer Thomas at Charlotte Business Journal. “Starting this week, pharmacists will work 32 hours — though they’ll still be considered full-time employees for benefits purposes, says spokeswoman Danna Robinson. Pay will be cut to reflect the hours worked.” Read more
Amazon Agrees to Stop Selling Neo-Nazi Products at Fortune. Read more
The cosmetics industry has avoided strict regulation for over a century. Now rising health concerns has FDA inquiring at CNBC. “Imports from China and health concerns are rising…Teenage girls use as many as 14 personal-care products a day.” Read more
GNC CEO adds title of chairman by Paul J. Gough at Pittsburgh Business Times. “(Ken) Martindale has been CEO since September 2017 when he left his job as CEO of Rite Aid Stores.” Read more
Albertsons and a venture capital firm create a fund to invest in grocery tech by James Melton at Internet Retailer. Read more
TV actor claims discrimination at Coach store in Vancouver by Scott Brown at Vancouver Sun. ““The salesperson looked me up and down and asked me if I was going to buy anything, and when I said, ‘Did you really just ask me that?,’ she proceeded to lock the door on me,” Acevedo wrote. Acevedo says the store remained locked until a white customer showed up.” Read more
Undeterred: Woman returns Walmart cart in torrential rain at ABC 6 Action News. “Video showed her battling whipping winds as she pushes the cart back to the corral. She even left the hatchback open. The video has been viewed nearly 3 million times.” 45 second video
Tipsheet Extra Stories
HBR: How to Stop Saying “Um,” “Ah,” and “You Know”
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Cereal maker Post can’t find buyer for private-label food biz
How drug companies are beating Trump at his own game
Minnesota couple charged with over limit fishing – had 253 crappies
**
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