Tipsheet: Schnucks Buys 19 | Amazon Go Line | Kroger’s Dip
Chicago's new Amazon Go store had a line of customers out the door and down the block waiting to get in Monday during the lunch rush by Lauren Zumbach at Chicago Tribune. "...prices that struck him as relatively reasonable for the Loop...“I don’t know if people would come more than once just for the payment process, but if the quality is good, it’s convenient,” (a shopper) said." Tiered subs. Schnucks buying 19 Shop 'n Save stores by Brian Feldt at St.Louis Post Dispatch. "The fate of the remaining 17 Shop ’n Save locations remains uncertain...the stores not acquired [...]
Tipsheet: Retail Talent ‘War’ | Strawberry Needle Sabotage | 1st NC Groc Store Reopens
First grocery store reopens, draws hundreds in Wilmington, N.C. by Josh Shaffer at The Virginian-Pilot. "A crowd bordering on a mob formed in Wilmington Saturday as the first grocery store opened in four days, drawing 500 storm-soaked residents to push through the doors...As doors opened at 10 a.m., Harris Teeter employees loudly warned shoppers elbowing each other at the door to be civil, and that Wilmington police had nothing better to do than haul unruly people out of the store." Pic/Read more Amazon Investigates Employees Leaking Data for Bribes at Wall Street Journal. "In exchange for payments ranging [...]
Tipsheet: Target Censoring? | Fred’s -3.5% | Peak Costco? | Rona Wanted Lowe’s
U.S. retail sales barely rise; import prices drop at Reuters. "The Commerce Department said retail sales edged up 0.1 percent last month, the smallest rise since February. Data for July was revised higher to show sales rising 0.7 percent instead of the previously reported 0.5 percent gain." Read more Target mistakenly replaces 'transgender,' 'queer' with asterisks on book descriptions on website by Jackie Crosby at Star Tribune. "Cáel Keegan, author of the November release "Lana and Lilly Wachowski," noticed the redactions and alerted her publishing company, the University of Illinois Press, according to Publisher's Weekly, which first reported the glitch." Tiered [...]
Tipsheet: Serena @ Target Mtg | Heff Bezos | Kroger +1.6% | Trust: B.Buy #1/H.Dep #4
Kroger Q2 Comp Sales (without fuel) +1.6% Press release Walmart redesigns lagging Jet.com digital site, rolls out Nike gear, 3-hour grocery delivery at CNBC. "Traffic was waning on Jet.com...rolling out a newly redesigned website on Thursday with faster delivery for New York residents...Nike merchandise had previously been for sale on Jet.com via third parties." Read more Serena Williams speaks at Target's annual employee meeting in Minneapolis by Jackie Crosby at Star Tribune. "The Target meeting wasn't open to the public and Thomas declined to say what Williams spoke about. On social media, some attendees used the hashtag #inspiring to [...]
Tipsheet: 85% Yes to Drugs on Amazon | Get Men to Spend 79% More
BJ’s Wholesale Club offering free trial for residents to stock up for Florence at WTKS 3 CBS. Read more After less than four years, Amazon's business supplies site is on pace to pass $10 billion a year at CNBC. "We believe Amazon B2B over the very long-term has the potential to surpass the size of the core B2C segment, and remains an under-appreciated opportunity by many investors," Colin Sebastian, an analyst at R.W. Baird, wrote in a note Tuesday." Read more Walmart built a new vending machine that retrieves groceries within seconds by Hayley Peterson at Business Insider. [...]
Tipsheet: New Grads: BJ’s #42 | Young: Nstrom #5, Target #12 | Ellison Q&A
Five Below Q2 comp sales +2.7% Press release GameStop Q2 comp sales -0.5% Press release ...GameStop is reportedly working with Perella Weinberg Partners to explore a possible sale at Bloomberg via Internet Retailer. "The private equity firms Sycamore Partners and Apollo Global Management are GameStop’s two main suitors, DealReporter said." Read more Lands End retail segment net revenue -25.8% "...primarily attributable to the reduction of 57 of our Lands' End Shops at Sears locations combined with a same store sales decline of 5.8%. Same store sales in Lands' End Shops at Sears locations declined 6.7% for the [...]
Tipsheet: W.Foods Union? | Burberry Ends Burn | Bern’s BEZOS Act
Burberry to stop burning unsold items at CNBC. "The company also said it will no longer use real fur in its products." Read more Amazon orders 20,000 Mercedes vans for Delivery Service Partners program, more than quadrupling initial order by Todd Bishop at GeekWire. "...reflecting what the company calls a “tremendous response” from people applying to own their own Amazon delivery businesses as part of the program. With the order, the company becomes the largest Sprinter customer in the world." Read more Walmart Tests New Last-Mile Grocery Delivery Service "Spark Delivery is a crowd-sourced delivery platform...The pilot [...]
Tipsheet: Target Halts Fetch | HD Supply +10.1% | RH +5.0%
RH Q2 comp brand revenue +5.0% Press release HD Supply Q2 organic sales +10.1% Press release Jeff Bezos making $10 million contribution to a super PAC that aims to elect military veterans to Congress by Reid J. Epstein at Wall Street Journal. "They perceive themselves to be pretty nonpartisan,” Mr. Barcott said. “The idea of doing something different and disruptive appealed to them, along with our focus on values and integrity in our national discourse.” Subscription Target Fetch Program halted by Ashlee Clark Thompson at CNET. "Target Fetch would have included a toilet spindle (the springy [...]
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