Tapestry shares nosedive after disappointing sales from Kate Spade at CNBC. “Same-store sales for Kate Spade fell more than 9 percent globally…Same-store sales for the Coach brand climbed 3 percent globally.” Read more

 

Mall Owners and Retailers Clash Over Avalanche of Online Returns by Sarah Mulholland at Bloomberg. Read more

 

Disney is launching a digital food channel called Disney Eats at CNBC. “The online channel and editorial site features culinary shows and products aimed at families with young kids. Upcoming Disney Eats shows include “Kitchen Little,” which will showcase kids working with celebrity chefs, and “Tiny Kitchen,” with chefs creating replicas of Disney food.” Read more

 

JC Penney taps Lionel Richie to help with its new brand at CNBC. “Penney’s new line with Richie, which includes a queen comforter retailing for $129.99, a set of towels for $39.99 and pillow cases for $19.99, is already available on JCPenney.com and will roll out to about 200 stores by this fall.” Read more

 

Amazon to open new 416K square-foot office in Vancouver, will hire for 3,000 new jobs by Taylor Soper at GeekWire. Read more

 

CEO of British supermarket chain Sainsbury’s has apologized after being caught on camera singing ‘We’re in the Money’ following the takeover of Walmart’s unit Asda at Fox Business. Read more

 

**A message from 2018 Sweets & Snacks Expo – Be first to market with the newest candy and snack products!  See the 2017 Innovation Winners. The single largest gathering of confectionery & snack companies under one roof. Chicago, May 22-24, 2018. Website | Exhibitors

 

WinCo Foods names Grant Haag new President “Haag will serve as President for the next year, before taking over as CEO when current CEO, Steven Goddard, officially steps down.” Press release

 

New retailer podcasts: Trader Joe’s – Barneys

 

Scotland bans bargain-basement booze in public health move by Jill Lawless at AP via Miami Herald. “(Scotland) says it is the first country in the world to introduce minimum unit pricing for alcohol. From Tuesday, retailers must charge at least 50 pence (68 cents) per unit, amounting to about 70 pence for a bottle of beer or 5 pounds for a bottle of wine.” Read more

 

Amazon Will Expand Boston Technology Hub With 2,000 New Jobs by Will Mathis at Bloomberg. Read more

 

Feds warn e-cigarette makers about packaging after thousands of kids drink toxic liquid by Jayne O’Donnell at USA Today. “The e-cigarettes targeted had labeling and/or advertising that looked like kid-friendly food products, such as juice boxes, candy or cookies, some including cartoon images.” Read more

 

Petco billboard nods to Boston’s beef with Roger Goodell by Laney Ruckstuhl at Boston Globe. “Goodell shops at PetSmart,” the billboard states in bold text. The billboard also includes a picture of a dog with its tongue hanging out — and Petco’s logo.” Billboard pic/Read more

 

Tipsheet Extra Stories

C-store clerk goes to hospital after handling cash, feeling burning sensation

Home Depot worker with cerebral palsy named Person of the Year

In-store video of Kroger’s “Scan, Bag, Go” technology

This 7-Eleven plays classical music to get rid of the riffraff

Bass Pro pulls plug on Florida store

Read Tipsheet Extra Stories

 

**

Eye on Retail Tipsheet is must-read material for retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.

 

Subscribe to Eye on Retail Tipsheet here

 

Contact us: Send story tips, press releases and advertising inquiries to info@eyeonretail.net

 

Website: www.eyeonretail.net