• Tipsheet: Cristobal Landfall Mon. | Michaels -27.6% | eBay +23%

    Published On: June 4, 2020Categories: Eye-on-Retail

      Record-breaking Cristobal could approach US Gulf Coast as a hurricane at AccuWeather. "The current window of where predicted landfall is most likely extends from the upper Texas coast to the Mississippi Panhandle, putting central Louisiana in the middle of that zone late in the weekend or early next week." Read more   Michaels Q1 comp sales -27.6% Press release   CDC wants people to drive solo to avoid coronavirus, sparking fear over more congestion and emissions at CNBC. "Promoting private vehicle use as public health strategy is like prescribing sugar to reduce tooth decay,” said University of British Columbia [...]

  • Tipsheet: Amazon 6/22 Sale | Saks (Mean) Guard Dogs | Shipt New Comms Head

    Published On: June 3, 2020Categories: Eye-on-Retail

      Amazon plans summer sale for June 22 to ‘jumpstart sales’ after coronavirus crunch at CNBC. "Amazon is still finalizing details around the event, which isn’t named, but has been given a working title of the “Biggest Sale in the Sky.” The company is in the process of finalizing the landing pages for the event and asked sellers to submit deals for items with a discount of at least 30% by the end of the day on Wednesday." Read more   Report: Tiffany / LVMH Deal is at Risk at The Street. "Luxury goods retailer LVMH is worried that the [...]

  • Tipsheet: Dick’s -29.5% | Stitch Fix -1,400 CA | Judge Hits N.Marcus

    Published On: June 2, 2020Categories: Eye-on-Retail

      Dick's Sporting Goods Q1 comp sales down 29.5% "Through the first four weeks of the second quarter comp sales have decreased only 4.0%...approx 80% of stores open as of May 30." Press release   Amazon sees strong demand for pepper spray and Black Lives Matter merchandise at CNBC. "In the Books category, “White Fragility: Why It’s So Hard for White People to Talk About Racism” is listed as the top-selling item, while “How to Be an Antiracist” is ranked third and “We’re Different, We’re the Same” is ranked seventh." Read more   ‘Hundreds’ of looters rush into Macy’s Herald [...]

  • Tipsheet: Target #1 Pandemic Retailer | Sephora Destoying Returns | Pier 1 Black Friday

    Published On: June 1, 2020Categories: Eye-on-Retail

      George Floyd protests force Walmart, Target and CVS to close stores at NY Post. "What’s disturbing over the last 24 hours is it isn’t just at night,” a Walmart spokesman told the Wall Street Journal on Sunday. “We’ve even had issues this morning in broad daylight. We want to make sure our associates are safe.” Read more   Target to temporarily close and adjust hours at 200 stores at Yahoo Finance. Read more   Forbes: Ranking of Nation's Top Employers' Responses to Pandemic (Target #2, Walmart #4, Lowe's #6, Home Depot #8, Kroger #10, CVS #17, Walgreens #19...) Top [...]

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