• Tipsheet: FL Empty Shelves | Frank Blake Honored | Springsteen Store Frenzy | Amazon HQ Peek | Target Manhattan

    Published On: October 5, 2016Categories: Eye-on-Retail

      Deadly hurricane sends Florida residents flocking to buy supplies at Daily Mail. "People along the East Coast entered better-safe-than-sorry mode Tuesday, flocking to hardware stores, grocery aisles and gas stations as Hurricane Matthew marched toward Florida." See pics / Read more   Former Home Depot CEO Frank Blake wins Lifetime Achievement Award by Maria Saporta at Atlanta Business Chronicle. "Blake was introduced by his wife, Liz Blake, who spoke of his dedication to his job and how he would get up at 5 a.m. on Saturday mornings to go get training in different departments at the Home Depot." Read [...]

  • Tipsheet: Lowe’s Cuts 95 IT Jobs | Wmart Shutters 3 | Target in PR Week | Dick’s New CFO

    Published On: October 4, 2016Categories: Eye-on-Retail

      Lowe’s cuts 95 corporate IT jobs by Katherine Peralta at Charlotte Observer. "Sixty of those positions are at its corporate headquarters in Mooresville, and the remainder are at other company locations in North Carolina and Texas, spokeswoman Connie Bryant said." Read more   It’s still too damn hot out to buy winter clothes by Lisa Fickenscher at NY Post. "...sales at specialty apparel stores...were down by $393 million in August and September, compared with a decline of $376 million over the same period last year, according to Planalytics, which tracks weather trends for retailers." Read more   HURRICANE MATTHEW [...]

  • Tipsheet: Costco Owes Tiffany $5.5M | Bass Pro Buys Cabela’s | Blue Apron’s ‘Violent’ Facility | Lottery Looters

    Published On: October 3, 2016Categories: Eye-on-Retail

      Costco owes Tiffany & Co. $5.5M for selling ‘Tiffany’ rings by Lisa Fickenscher at NY Post. "The wholesale club claimed Tiffany was a generic description. But during the trial, Judge Laura Taylor Swain was having none of it — noting that Costco’s jewelry buyers asked vendors to copy Tiffany designs and that Costco customers were confused about the brand." Read more   Bass Pro Shops hooks Cabela's in $5.5 billion deal at Reuters. "The offer of $65.50 per share is a 19.2 percent premium to Cabela's Friday close. Shares of Cabela's jumped nearly 15 percent to $62.88 in premarket trading and [...]

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