“Shopper/DJ Who Raided Jason Wu Collection at Target, Now Suing Target” by Allie Conti at Miami New Times. “Wills, who also goes by “DJ Midas” and spins at the Delano, snatched up $5,300 of Jason Wu merch in less than a minute…Now Wills wants payback for the fiasco. One customer allegedly slammed him in […]
“Target’s Payment Security Firm ‘Sloppy’ “ by Jennifer Bjorhus at Star-Tribune. “Trustwave Holdings gave Target Corp. the green light on payment card security last September, just weeks before malware installed on the retailer’s networks began sucking up customer information in a mega data heist. It’s a rough position for a company that built its […]
“Costco: Peanut Butter from Bankrupt Vendor “not merchantable”, 950,000 Jars sent to Landfill” by Jeri Clausing at ABC News. “After extensive testing, Costco agreed to a court order authorizing the trustee to sell it the peanut butter. But after getting eight loads, Costco rejected it as “not merchantable” because of leaky peanut oil…instead of […]
“Senators Criticize Target on Handling of Breach” by Jim Spencer and Jennifer Bjorhus at Star-Tribune. “The three-hour hearing was Target’s third trip to Capitol Hill to explain how it got hacked. But Wednesday’s hearing was the first where members of Congress took the company to task for what they considered mistakes.” Read more […]
“Target CFO back at Capitol Hill Today; Senate Report Unflattering” by Doina Chiacu at Reuters via Chicago Tribune. “Target Corp missed multiple opportunities to thwart the hackers responsible for the unprecedented holiday shopping season data breach, U.S. Senate staffers charged in a committee report released on Tuesday…”This analysis suggests that Target missed a number […]
“Walgreen’s: Q2 Front-End Same-Store Sales +2%; Traffic -1.4%” “Second quarter sales increased 5.1 percent from the prior-year quarter to a record $19.6 billion, while first half sales increased 5.5 percent to $37.9 billion. Front-end comparable store sales increased 2.0 percent in the second quarter, customer traffic in comparable stores decreased 1.4 percent and basket […]
Tuesday Tipsheet: DJ Midas Sues Target | H.Depot’s Same-Day Delivery | Testing ‘Savings Catcher’
/in Eye-on-Retail“Shopper/DJ Who Raided Jason Wu Collection at Target, Now Suing Target” by Allie Conti at Miami New Times. “Wills, who also goes by “DJ Midas” and spins at the Delano, snatched up $5,300 of Jason Wu merch in less than a minute…Now Wills wants payback for the fiasco. One customer allegedly slammed him in […]
Monday Tipsheet: Target’s ‘Sloppy’ Security Firm | Pinterest Drives 10.9% | Top Shop Apps
/in Eye-on-Retail“Target’s Payment Security Firm ‘Sloppy’ “ by Jennifer Bjorhus at Star-Tribune. “Trustwave Holdings gave Target Corp. the green light on payment card security last September, just weeks before malware installed on the retailer’s networks began sucking up customer information in a mega data heist. It’s a rough position for a company that built its […]
Friday Tipsheet: Costco: No to PB | Wmart Sues Visa | Owl Likes Lowe’s
/in Eye-on-Retail“Costco: Peanut Butter from Bankrupt Vendor “not merchantable”, 950,000 Jars sent to Landfill” by Jeri Clausing at ABC News. “After extensive testing, Costco agreed to a court order authorizing the trustee to sell it the peanut butter. But after getting eight loads, Costco rejected it as “not merchantable” because of leaky peanut oil…instead of […]
Thursday Tipsheet: Senate Needles Target | Wmart Probe = $439 Mil | Cabela’s 14/Year
/in Eye-on-Retail“Senators Criticize Target on Handling of Breach” by Jim Spencer and Jennifer Bjorhus at Star-Tribune. “The three-hour hearing was Target’s third trip to Capitol Hill to explain how it got hacked. But Wednesday’s hearing was the first where members of Congress took the company to task for what they considered mistakes.” Read more […]
Wednesday Tipsheet: Target Testifies Today | C.Reports Hits Wmart | Wgreen: Close 76, Keep Cigs
/in Eye-on-Retail“Target CFO back at Capitol Hill Today; Senate Report Unflattering” by Doina Chiacu at Reuters via Chicago Tribune. “Target Corp missed multiple opportunities to thwart the hackers responsible for the unprecedented holiday shopping season data breach, U.S. Senate staffers charged in a committee report released on Tuesday…”This analysis suggests that Target missed a number […]
Tuesday Tipsheet: Wgreen Q2 Comp +2% | D.Gen CEO +$18 Mil | Snowden Slams Amazon
/in Eye-on-Retail“Walgreen’s: Q2 Front-End Same-Store Sales +2%; Traffic -1.4%” “Second quarter sales increased 5.1 percent from the prior-year quarter to a record $19.6 billion, while first half sales increased 5.5 percent to $37.9 billion. Front-end comparable store sales increased 2.0 percent in the second quarter, customer traffic in comparable stores decreased 1.4 percent and basket […]