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Trending
Walmart Q1 comp +3.4% / Sam’s +0.3%
2019 Fortune 500 (Walmart #1, Amazon #5, CVS #8, Costco #14)
Macy’s Q1 comp sales +0.6% owned / +0.7% owned + licensed
Kohl’s explores acquisition of At Home Group
100 Best Corporate Citizens (Gap #9, CVS #28, Best Buy #67)
Boxed Partners With Lidl
Etc.
The average American hasn’t made a new friend in 5 years
Shaq buys 10 pairs of shoes for boy, 13, with size 18 feet
Cause Marketing Isn’t Working for Young People
Bottled water made by Whole Foods has unsafe amounts of arsenic
CPG
Harry’s is selling for $1.37B to the company that owns Schick razors
Canada Goose Promotes Ana Mihaljevic to Chief Commercial Officer
Sears expands DieHard brand to lawn and garden tools
Kraft’s will cover your babysitting expenses up to $100 on Mother’s Day
Tipsheet Extra
Global pork prices rise amid China’s pig disease outbreak
Impossible Foods adds meatless sausage to Little Caesars pizza
UN health agency struggles with travel abuses
AB InBev launches Draftline in-house agency
Inside the Innovation Labs of 3 Fortune 500 Companies
Taco Bell is opening a hotel and resort
Eye-on-Retail Tipsheet
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Eye-on-Retail Tipsheet
Daily Headlines
May 21, 2019
Dillard’s Q1 comp sales flat
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2019 Fortune 500 (Walmart #1, Amazon #5, CVS #8, Costco #14)
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Instacart and Whole Foods officially part ways
CNBC
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Macy’s Q1 comp sales +0.6% owned / +0.7% owned + licensed
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The world’s 20 fastest growing retailers (Wayfair #2, Duluth Trading #8)
USA Today
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Online Luggage Retailer Away Lands $1.4 Billion Valuation as It Plots Expansion (WSJ subs.)
Katie Roof at Wall Street Journal
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Petco offering a free upgrade to artificial-free pet food
Kelly Tyko at USA Today
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Jeff Bezos moves some earth to break ground on new $1.5B Amazon Prime Air hub near Cincinnati
Kurt Schlosser at GeekWire
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Alibaba invests about $635M in Red Star Macalline, one of China’s largest furniture sellers
Catherine Shu at TechCrunch
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What do Google Chrome’s new privacy customization options mean for retailers?
Katie Evans at Bloomberg via Internet Retailer
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Walmart International CEO Says It’s Moving On After a Major U.K. Setback
Phil Wahba at Fortune
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Trader Joe’s opening first South Side Chicago location in Hyde Park
Crain's Chicago Business
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Ex-Family Dollar CFO Takes Charge for Now at Bed Bath & Beyond
CNN
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Amazon is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders
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Teens Smuggle Burner Phones to Defy Parents (WSJ subs.)
Julie Jargon at Wall Street Journal
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Walmart Thursday Earnings Call: Wall Street expects comp sales of 3.1% overall with Walmart U.S. producing comp sales growth of 3.4%.
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U.S. retailers revamp loyalty schemes for Amazon era
Reuters
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Amazon employees who quit their jobs to start their own package delivery companies will be eligible for up to $10K & three months pay
GeekWire
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Petco to Open First In-Store Health and Wellness Kitchen for Dogs in NYC
NBC 7 San Diego
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The two-year quest to rebrand Ikea for the digital age
Katharine Schwab at Fast Company
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Doug McMillon speaks at Arkansas’s 2019 Stock Market Game luncheon
Arkansas Business
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Mother’s Day spending estimated to reach record of $25 billion, up 8.22%
Kim Souza at Talk Business
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Walmart Q1 comp +3.4% / Sam’s +0.3%
Kohl’s explores acquisition of At Home Group
Reuters
100 Best Corporate Citizens (Gap #9, CVS #28, Best Buy #67)
CR Magazine
