Target CEO Brian Cornell on Bruce Dayton: A legacy of generosity by Brian Cornell at Star Tribune. “The night we met, Bruce brought me a set of books (two he’d authored himself) about the history of Target and the Dayton family…I keep these books on my desk, not as cherished mementos, but as guidebooks that help me do my small part in making sure Bruce’s legacy of generosity endures for generations to come.” Read more

 

Walmart’s U.S. CEO: Toys Will Have Biggest Christmas in Years by Phil Wahba at Fortune. “…And we’re already starting to see it,” Foran told reporters on a tour this week of a Walmart in Secaucus, N.J. as he stopped in the toy section. “I think a lot of it is because of the electronic componentry now getting put into these toys, and they’re becoming interesting again for customers.” Read more

 

Dillard’s Q3 Comp Sales -4.0% Read the release

 

Amazon cuts Prime cost in UK ahead of Black Friday by James Titcomb at The Telegraph Read more

 

Interview: Walmart E-com CEO Neil Ashe by Chris Bahn at Arkansas Online. “You have not been shy about publicly taking jabs at some online competitors like Jet.com and Amazon.com. Is that just your personality or a calculated move to send some sort of message? Look, we all want to have a little bit of fun doing this. We’re not curing cancer here. We’re trying to build a business. We’re trying to serve customers. Why not have a little fun? You’re not used to hearing somebody from Wal-Mart say these things.” Read the full interview

 

Merchants Watch Online Sales Data for Shifts in Buying Habits by Liam Pleven at WSJ. “With online sales taking up a greater share of the retail pie, merchants, mall owners and economists will be looking to data due out Tuesday for signs of a shift in buying habits that could point to further changes in America’s shopping infrastructure…” Read more (Subscription)

 

Lowe’s Names Bertram L. Scott To Board Of Directors Read the release

 

**A message from Dig It Gloves–This is the last week for placing Spring ’16 orders. Why are Dig It garden gloves loved by women? It’s easy–interior pillow-top protectors are built into each fingertip. That’s right, no more broken or chipped nails when gardening! Call it manicure insurance, or just plain brilliant, but you have to see it to believe it. Cross-merchandise in the garden center during Spring ’16. Request samples at: info@shiftmarketinggroup.net | www.digithandwear.com

 

‘Star Wars’ Is a Force in Stores’ Toy Aisles by Paul Ziobro at WSJ. “One property hit hard: “Peanuts.” Iconix Brand Group Inc., which controls the license to the newest animated Charlie Brown movie, this month cut its sales outlook from “Peanuts” licenses by $24 million for the year largely because it miscalculated how many Snoopy dolls and other “Peanuts” products retailers would buy.” Read more (Subscription)

 

Juniper Hires Security CTO From Walmart.com by Steven Norton at WSJ. Read more (Subscription)

 

Apple to open retail store in Singapore powered only by sun by Annabelle Liang at AP via Charlotte Observer. “With the deal, Apple will be the first company in Singapore to run exclusively on renewable energy.” Read more

 

Sears Canada’s downsizing deepens as it sells more real estate, including $100M distribution centre via Financial Post. Read more

 

Wal-Mart acquisitions raise presence in tech world by Chris Bahn at NWA Online. “I started about three months after the Kosmix acquisition. That was when they signaled to the world they were serious about making a change,” (Jeremy) King said. “That was the catalyst for me to take an interview. Until then, I wasn’t sure they were serious.” Read more

 

Deloitte’s 2015 Technology Fast 500 Ranking  See the top 500 list

 

Tipsheet Extra

Ad Week: Target’s Holiday Campaign Brings a Magical Story to Life Across TV, Digital and Its Stores

PPG’s Glidden brand opens exhibit at Epcot

From Target to television: The strange trip of Channel 2 meteorologist Patrick Hammer

Aldi staff compare working at the store to going to the gym due to strict time demands

ESPN and Maytag combining to give the world a haptic moment on Monday

Read Tipsheet Extra Stories

 

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Contact Jason Long, jlong@eyeonretail.net