Target: Early Black Friday & Alpine Villages “…each of Target’s…stores will transform into nostalgic Alpine Villages filled with festive décor…(and) will have weekend events in each store throughout the season…Target’s three-day Early Black Friday Sale is back Nov. 6-8.” Press release
Advance Auto Parts Q3 comp sales +3.0% Press release
How a lapse in SNAP benefits could affect consumers and retailers at CNBC. “On average, a SNAP beneficiary spends $832 per month on groceries, 20% more than a non-SNAP shopper…Hanus estimates a high-single digit percent of Walmart’s sales are related to SNAP, while Dollar General and Dollar Tree are in the mid-single digits.” Read more
Sprouts Farmers Market Q3 comp sales +5.9% Press release
Gap Bets on New ‘Vibe’ and ‘Thrill’ Fragrances to Lure Gen Z at Bloomberg. “Gap Inc. is making its biggest foray into the beauty category in years with the launch of Old Navy Beauty Co. in some stores this week. The line, which includes hair and body mists, has brightly colored packaging with zeitgeisty names such as Vibe and Thrill and scents called juicy pear and seductive vanilla. They were created with Robertet, the French fragrance company also behind Sol de Janeiro — one of the hottest brands in beauty.” Bloomberg subs.
Boot Barn Q2 comp sales +8.4% / Store count potential increased to 1,200 stores “CEO: We now also believe we can operate 1,200 stores across the United States, an increase from our prior estimate of 900, which is more than double our current footprint.” Press release
**A message from Comfy Sacks: Everyone loves our soft, foam-filled & long-lasting bean bag chairs. Genius design + comfort. Made in USA. Unconditional 5-year warranty. Website | Program details: info@eyeonretail.net
eBay, Inc. Q3 revenue +9.0% Press release
Xi agreed to buy 25 million metric tons of soybeans annually for next 3 years, Bessent says at AP. “…will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January.” Read more
Etsy, Inc. Q3 revenue +6.1% Press release
Only 12% of U.S. adults favor the current system of daylight saving time at AP
A Dollar General store boarded up its windows and doors, citing fears of looting if SNAP benefits end (but then backtracked) at The Columbus Dispatch. “In times of need, Columbus doesn’t put up walls — or boards — we rally to support one another,” said Mayor Andrew Ginther…” Read more
CVS Q3 total revenue +7.8% Press release
**Advertise your product, service or trade show to retail buyers in Eye on Retail Tipsheet. Contact: info@eyeonretail.net
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