Tipsheet: Trader Joe’s #1 for Newbies | Texas Flood | WM Zipper Snafu


Water rescues begin as Imelda soaks east Texas at AP News. “Forecasters warned that Imelda could bring up to 35 inches (90 centimeters) of rain this week in some areas of Texas through Friday…“It’s bad. Homes that did not flood in Harvey are flooding now,” Jefferson County Judge Jeff Branick said.” Read more


Drop in online shopping knocks UK retail sales in August at Reuters. “Monthly retail sales volumes dipped by 0.2%, the Office for National Statistics said, compared with an average forecast for a flat reading in a Reuters poll of economists and the first fall in three months.” Read more


Impossible Foods will make its grocery store debut in California at CNBC. “The deal with Gelson’s marks Impossible’s first step into grocery. By mid-2020, the company plans to make its burger available in grocery stores in every region nationwide. The Impossible Burger will be available in East Coast grocery stores later this month.” Read more


@BradStone tweet: “at @PressClubDC to hear @JeffBezos talk about Amazon’s carbon footprint and sustainability efforts. Press conference starts at 10 a.m. EST.”


Tiffany Plans More China Stores as Tourist Spending Falls at Bloomberg. “…as the weak yuan deters Chinese consumers from spending overseas and they shift their luxury buying back home. Currency fluctuations have had “an influence on the intention of Chinese to buy abroad,” CEO Alessandro Bogliogo said in an interview with Bloomberg Television in Shanghai on Thursday.” Tiered subs.


Trader Joe’s named America’s #1 employer for new graduates in 2019 (Wegmans #19, H-E-B #23, Costco #43) at Forbes. Top 100 list


Casper launched its own version of CBD-infused gummies this week at CNBC. “Getting into the CBD market may seem like a gimmick timed to the first frenzy in the cannabis capitalism market, but Casper has been looking at the CBD market for years under the direction of its co-founder and chief strategy officer, Neil Parikh, who comes from a medical background and is a CBD user himself.” Read more


Field Agent: Inside Walmart’s new enhanced supercenter in Dallas, GA “Shopper reviews of the newly-upgraded supercenter were overwhelmingly positive. In fact, all four of our agents rated the store as “much better” than the traditional Walmart Supercenter format.” Pics/Read more


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As Benetton’s ‘Design Shift’ Boosts Sales, It Considers Opening U.S. Stores Again at Fortune. “United Colors of Benetton made a splash with its new collection showcasing experimental textiles and ecological materials inspired by the sea, presented Tuesday—on the eve of Milan Fashion Week—inside a 1930s-era swimming hall.” Read more


Berstein downgrades Costco, says memberships will be the first to go in an economic downturn at CNBC. “Fletcher also said investors are putting too much emphasis on Costco’s growth internationally. “Internationally, we think COST’s growth in China will go more slowly than most investors might expect,” he said.” Read more


The World’s Most Reputable Companies For Corporate Responsibility 2019 (IKEA #10, eBay #92) at Forbes. Top 100 list


Toys R Us partners with Candytopia to woo shoppers back with new experiences at CNBC. “The Toys R Us Adventure play areas will open in late October in Atlanta at Lenox Marketplace in Buckhead and in Chicago on North Michigan Ave….The experience will likely move to four spots next year, said Candytopia CEO Goodman. Like Candytopia, it will charge admission: $28 for adults, $20 for kids 4 through 12 and free for children under 12.” Read more


Mom’s jeans zipper gets stuck to the chain on the “lane closed” sign at Walmart at ABC KSAT 12. “I was standing there with 2 cashiers, 2 CSMs, and a stock boy, all trying to UNLODGE. MY. ZIPPER,” Guinn said. When nothing worked, they gave her the option of taking the chain and sign home with her, where her husband finally used a bolt cutter tool to solve the problem.” Pics/Read more


Tipsheet Extra Stories

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Downtown Nashville’s first supermarket opening next month

Read Tipsheet Extra Stories



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