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Trending
China turns to internet for food supplies amid virus fears
Macy’s cut to junk by S&P over doubts turnaround plan will work
Grocers Wrest Control of Shelf Space From Struggling Food Giants (WSJ subs.)
Groupon Says It Will No Longer Sell Stuff, Shift Focus To Experiences
Walmart CEO Doug McMillon wants to crack the code on apparel and home goods
Costco to open second store in Chinese mainland
Etc.
‘Hamburglar’ shoplifter sentenced – admits to stealing 1,000+ times
Apple adds new AR shopping tools to Home Depot’s toolbox
With virus, shops in China suffer a star-crossed Valentines
Kid-Safe Content Becomes Big Tech Obsession
CPG
Nike’s new CEO shuffles execs with new CFO, COO
Diapers and feminine hygiene products are now tax-free in California
Baby Yoda toys won’t be available in time for Christmas
Survey: Which Electronics Will Be Given This Christmas?
Tipsheet Extra
Supreme Oreos selling for thousands on eBay
Inside the Philip Morris campaign to ‘normalize’ a tobacco device
How Sprouts Plans to Avoid ‘BankruptcyGate’
“Des Moines is arguably the most competitive spot in the U.S. for c-stores”
Regional grocers have the greatest cheerleaders
Police find secret cigarette factory 13 feet underground
Eye-on-Retail Tipsheet
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Daily Headlines
February 24, 2020
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high
Reuters
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Bed Bath & Beyond Boss Tries to Declutter Stores (WSJ subs.)
Wall Street Journal
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Grocers Wrest Control of Shelf Space From Struggling Food Giants (WSJ subs.)
WSJ
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Groupon Says It Will No Longer Sell Stuff, Shift Focus To Experiences
Forbes
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Krebs: Encoding Stolen Credit Card Data on Barcodes
Krebs on Security
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Walmart CEO Doug McMillon wants to crack the code on apparel and home goods
CNBC
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…CNBC’s full interview with Walmart CEO Doug McMillon on fourth-quarter earnings
CNBC
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Walmart employees say they’re preparing for job cuts as retailer rolls out its ‘Great Workplace’ program
Washington Post
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Issa Rae of HBO’s ‘Insecure’ at Target HQ for standing-room-only event
Kavita Kumar at Star Tribune
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Belk eliminates 80 positions at corporate office
Charlotte Observer
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Fortune’s 100 Best Companies to Work For (Wegmans #3, Publix #39, REI #60, Sheetz #80)
Fortune
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Bed Bath & Beyond agrees to sell online retailer PersonalizationMall.com to 1-800-Flowers.com for $252 million
Fox Business
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Amazon Changes the Way It Recruits M.B.A.s (WSJ subs.)
Wall Street Journal
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Warren Buffett buys $500M / 2.3% stake in Kroger
Cincinnati Enquirer
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Blue Apron is considering selling itself
TechCrunch
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Kroger CEO Rodney McMullen Appointed to American Heart Association CEO Roundtable
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How H-E-B helped reduce utility company’s request for electricity price hike
L.M. Sixel at Houston Chronicle
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Canadian Tire Q4 comp sales +4.8%
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Stores and Shoppers Agree: Self-Checkout Is Hard (WSJ subs.)
Sarah Nassauer at Wall Street Journal
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Wayfair is cutting 550 jobs
CNN
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Ace Hardware Q4 comp sales +2.1%
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Apple expands ‘Quick Look’ to let retailers sell things directly in augmented reality
TechCrunch
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Bed Bath & Beyond Boss Tries to Declutter Stores (WSJ subs.)
Wall Street Journal
Macy’s cut to junk by S&P over doubts turnaround plan will work
Crain's Chicago Business
Costco to open second store in Chinese mainland
Xinhua
