Eye-on-Retail Daily Tipsheet Archives
Dogs are dying after groomings at PetSmart and families are left wondering why by Sophie Nieto-Munoz & Alex Napoliello at NJ Advance Media. "An NJ Advance Media investigation documented 47 cases across 14 states since 2008 in which families claim they took their dog to (PetSmart)...only to have it die during or shortly after the visit. Most cases — 32 in total — occurred after the start...
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Holidays Gifts May Escape Tariffs, but Retailers Won’t by Sarah Nassauer & Josh Zumbran at Wall Street Journal. "Most large retailers already have landed most of their holiday goods by the first of October,” said Chris Sultemeier, former executive vice president of logistics for Walmart...Retailers probably will try to accelerate spring products through customs before the potential...
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Chicago's new Amazon Go store had a line of customers out the door and down the block waiting to get in Monday during the lunch rush by Lauren Zumbach at Chicago Tribune. "...prices that struck him as relatively reasonable for the Loop...“I don’t know if people would come more than once just for the payment process, but if the quality is good, it’s convenient,” (a shopper) said."...
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First grocery store reopens, draws hundreds in Wilmington, N.C. by Josh Shaffer at The Virginian-Pilot. "A crowd bordering on a mob formed in Wilmington Saturday as the first grocery store opened in four days, drawing 500 storm-soaked residents to push through the doors...As doors opened at 10 a.m., Harris Teeter employees loudly warned shoppers elbowing each other at the door to be civil,...
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U.S. retail sales barely rise; import prices drop at Reuters. "The Commerce Department said retail sales edged up 0.1 percent last month, the smallest rise since February. Data for July was revised higher to show sales rising 0.7 percent instead of the previously reported 0.5 percent gain." Read more
Target mistakenly replaces 'transgender,' 'queer' with asterisks on book descriptions...
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Kroger Q2 Comp Sales (without fuel) +1.6% Press release
Walmart redesigns lagging Jet.com digital site, rolls out Nike gear, 3-hour grocery delivery at CNBC. "Traffic was waning on Jet.com...rolling out a newly redesigned website on Thursday with faster delivery for New York residents...Nike merchandise had previously been for sale on Jet.com via third parties." Read more
Serena...
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BJ’s Wholesale Club offering free trial for residents to stock up for Florence at WTKS 3 CBS. Read more
After less than four years, Amazon's business supplies site is on pace to pass $10 billion a year at CNBC. "We believe Amazon B2B over the very long-term has the potential to surpass the size of the core B2C segment, and remains an under-appreciated opportunity by many...
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Five Below Q2 comp sales +2.7% Press release
GameStop Q2 comp sales -0.5% Press release
...GameStop is reportedly working with Perella Weinberg Partners to explore a possible sale at Bloomberg via Internet Retailer. "The private equity firms Sycamore Partners and Apollo Global Management are GameStop’s two main suitors, DealReporter said." Read more
Lands...
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Burberry to stop burning unsold items at CNBC. "The company also said it will no longer use real fur in its products." Read more
Amazon orders 20,000 Mercedes vans for Delivery Service Partners program, more than quadrupling initial order by Todd Bishop at GeekWire. "...reflecting what the company calls a “tremendous response” from people applying to own their own Amazon...
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RH Q2 comp brand revenue +5.0% Press release
HD Supply Q2 organic sales +10.1% Press release
Jeff Bezos making $10 million contribution to a super PAC that aims to elect military veterans to Congress by Reid J. Epstein at Wall Street Journal. "They perceive themselves to be pretty nonpartisan,” Mr. Barcott said. “The idea of doing something different and disruptive...
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