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Trending
Kohl’s now accepting Amazon returns at 100+ stores
JCPenney shares crater 22% on earnings miss, lowered forecast
Sam’s Club +5.0%, its strongest growth in six years
Walmart Q2 U.S. Comp +4.5% (vs. +2.4% expected) / +40% e-com sales growth
US retail sales increase strongly in July
Kroger inks deal with Alibaba to sell PL groceries online in China
Etc.
Conn’s set to open DC in Houston
Are Walmart’s streaming plans too little, too late?
CDC monitoring measles outbreak in 21 states
Homeless people wearing barcodes to accept cashless payments
CPG
The 2018 Inc. 5000
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Perry Ellis ends buyout talks with Randa
Danes to fence German border to stop boars with swine fever
Tipsheet Extra
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This theater chain’s movie-ticket subscription plan has a waitlist of over 40K after less than a month
5 shot inside Walmart store after argument at cash register
Walmart faces $50k fine for allowing truck parking at Illinois store
Man pees in deli meat case at Kroger store
20 Business Owners Claim There’s a Dark Side to Marcus Lemonis’s TV Show ‘The Profit’
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Daily Headlines
August 16, 2018
Walmart’s second-quarter comparable sales rise most in a decade, shares soar
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Amazon Is in the Running to Buy a Movie Theater Chain
Bloomberg via Fortune
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Best Buy to buy GreatCall – a provider of mobile devices and care products designed for older adults – for $800 million
Patrick Rehkamp at Minneapolis/St.Paul Business Journal
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Tapestry CEO Talks Trade, Kate Spade Revival and Selena Gomez
Brian Sozzi at The Street
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Amazon considering UK insurance comparison site
Reuters
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20 Questions with Neiman Marcus Fashion Director Ken Downing
Rachel Schostak at Seen
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Amazon Music Names Andre Stapleton Head of U.S. Label Relations
Variety
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Kroger’s new clothing line Dip rolls into more stores
Steve Watkins at Cincinnati Business Courier
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SpartanNash Q2 Sales: Food Distribution +4.3% / Military Segment +3.9% / Retail Comp -1.9%
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Mattress Firm may get rescued by its biggest supplier
Josh Kosman at NY Post
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Canada: Metro faces supplier pressure, expects higher grocery prices in the future
Montreal Gazette
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Bloomingdale’s Sets Anti-Bullying Campaign
Sharon Edelsen at WWD
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UK – Amazon’s one-day delivery ad banned as ‘misleading’
BBC News
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Meet the 23-year-old designer behind Target’s new clothing brand
Amanda Hancock at Quad-City Times
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Doug McMillon to speak at invitation-only summit in Bentonville Oct. 18-21
Paul Gatling at Talk Business
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Tiffany plans to begin a complete renovation of its NYC flagship store in spring 2019
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Google doubles down on massive Seattle campus with another new building in Amazon’s backyard
Nat Levy at GeekWire
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Amazon Prime Air drone gets delivered to Smithsonian for museum display in 2021
Alan Boyle at GeekWire
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North Face plans move to Denver from Bay Area by 2020, transferring 650 jobs
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Meijer Welcomes 45,000 College Freshmen to “Meijer Mania” – Complete with a DJ
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Costco has a game for employees to win cash when a new store opens
Business Insider
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Macy’s posts surprise same-store sales growth
Reuters
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JCPenney shares crater 22% on earnings miss, lowered forecast
CNBC
Sam’s Club +5.0%, its strongest growth in six years
Walmart Q2 U.S. Comp +4.5% (vs. +2.4% expected) / +40% e-com sales growth
CNBC
