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Trending
Amazon’s launch of luxury fashion shops is blow to struggling dept. stores
Apparel retailer Francesca’s issues ‘going concern’ warning as sales tumble
Hobby Lobby raises minimum wage to $17
Lowe’s launches ‘Shark Tank’-like effort to get small businesses’ products on shelves
Facebook will buy REI’s unused Bellevue headquarters complex for nearly $368 million
Holiday spending will hinge on how much the rich splurge and the poor cut back
Etc.
Publix continues domination of Florida’s retail marketplace
SXSW and Amazon Offer a Sampling of Festival Fare
“Axios on HBO” interviews Walmart CEO Doug McMillon
Many Essential Store Employees Not Wearing Masks
CPG
Diageo to launch Johnnie Walker whisky in paper bottles in 2021
How Costco is planning to jump into the golf club game
Over 50% of department stores in malls predicted to close by 2021
Juul is set to eliminate between 800 to 950 jobs
Tipsheet Extra
Existing home sales jump to 14-year high
What to expect at Tesla’s battery day event
Why Boxed is doubling down on its private label program
Walmart says it will no longer supply English cucumbers wrapped in plastic
Teenager ‘shot with crossbow’ at Aldi store
REI Co-op introduces new own brand bikes, preps new shoes
Eye-on-Retail Tipsheet
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Eye-on-Retail Tipsheet
Daily Headlines
September 23, 2020
Apparel retailer Francesca’s issues ‘going concern’ warning as sales tumble
CNBC
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Bed Bath & Beyond Inc. Appoints Juan Guerrero as Chief Supply Chain Officer
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H&M’s Coronavirus Recovery Beats Expectations (WSJ subs.)
Wall Street Journal
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Cofounder of retail giant Duty Free Shoppers has finally given all his money away
Forbes
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Hobby Lobby raises minimum wage to $17
Fox Business
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Facebook will buy REI’s unused Bellevue headquarters complex for nearly $368 million
Seattle Times
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Why Venture Capitalists Gave Two 27-Year-Olds $1 Billion To Build The Ultimate Online C-Store
Forbes
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PayPal introduces a new installment credit option called “Pay in 4″
TechCrunch
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Amazon’s drone delivery ambitions hit key milestone with new FAA approval
GeekWire
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Some customers miss out as Marks & Spencer launches food delivery with Ocado
Reuters
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Retail Eviction Proceedings Pick Up as Economy Restarts (WSJ subs.)
Wall Street Journal
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Old Navy will pay employees to work at voting polls on Election Day
Fortune
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J.C. Penney sale talks stall, pushing retailer to brink
Reuters
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Members of Walmart+ will receive a savings of up to five cents per gallon on fuel transactions at Walmart, Murphy USA and Murphy Express locations
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Neiman Marcus execs face slashed retirement as CEO rakes in bonuses
NY Post
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Nordstrom’s Q2 sales fall 53%
CNBC
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Kohl’s Q2 net sales down 22.9%
CNBC
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Advance Auto Parts Q2 comp sales +7.5%
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US home construction surges 22.6%, third monthly increase
AP
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Amazon Bets on Office-Based Work With Expansion in Major Cities (WSJ subs.)
Wall Street Journal
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Shoe Seller Payless Attempts a Comeback (WSJ subs.)
Wall Street Journal
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Up-for-sale British grocer Asda targets online expansion
Reuters
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Amazon’s launch of luxury fashion shops is blow to struggling dept. stores
CNBC
Lowe’s launches ‘Shark Tank’-like effort to get small businesses’ products on shelves
CNBC
Holiday spending will hinge on how much the rich splurge and the poor cut back
CNBC
