Daily Headlines

October 22, 2018
Walgreens wants to be seen as a health-care company, not just a retailer
Target Reimagines Toy Experience for the Holidays
Russian e‑commerce could nearly triple in the next five years
Internet Retailer
Some of Amazon’s brand-new delivery vans are suffering a mechanical failure
Hayley Peterson at Business Insider
Sears tries to reassure suppliers after bankruptcy filing
Lisa Fickenscher at NY Post
Wall Street analysts heard from Walmart executives on Tuesday
Kim Souza at Talk Business
…Walmart saves $200 million by changing its light bulbs and $20 million with a new floor wax
We’ve hit peak subscription box
Elizabeth Segran at Fast Company
UPS CEO joins former Home Depot chairman on Macy’s board of directors
Credit Suisse cautious on home improvement retailers
Barneys New York Launches Barneys Home and Kids
Albertsons launches an online marketplace selling 40,000 food, wellness and household products
Beer sold in 77-packs has Maryland’s comptroller accusing Anheuser-Busch of promoting binge drinking
Gina Salamone at NY Daily News
Albertsons Q2 comp sales +1.0%
Petco Names Justin Tichy as Chief Stores Officer
The Background Music You Hear May Not Be Licensed (WSJ subs.)
Anne Steele at Wall Street Journal
Bezos: “If big tech companies are going to turn their back on the DoD, this country is going to be in trouble.”
…“This country is a gem. It is amazing. It’s still the best place in the world.”
Taylor Soper at GeekWire
CVS doesn’t want to leave any ‘white space’ for Amazon to disrupt
Wayfair launches new membership program with $29.99 annual fee
Figs is Fast Becoming the Warby Parker of Scrubs (WSJ subs.)
Jacob Gallagher at Wall Street Journal
Instacart raises $600 million at a $7.6 billion valuation
TechCrunch