Amazon’s Third-Party Sellers Hit By Hackers by Laura Stevens & Robert McMillan at Wall Street Journal. “In recent weeks, attackers have changed the bank-deposit information on Amazon accounts of active sellers to steal tens of thousands of dollars from each, according to several sellers and advisers. Attackers also have hacked into the Amazon accounts of sellers who haven’t used them recently to post nonexistent merchandise for sale at steep discounts in an attempt to pocket the cash, those people say.” Read more (subs.)
Microsoft, eBay and Tencent invest $1.4 billion in India’s e-commerce giant Flipkart by Garen Gilchrist at CNBC. Read more
Wal-Mart tests store prototype by Robbie Neiswanger at Arkansas Democrat-Gazette. “…interactive table in Lake Nona’s electronics department allows customers to swipe their hand to learn about a product. Projectors located overhead sense hand movements and determine the direction a customer wants to go in their search for information. The store has a large touch screen in the toy department, giving customers a chance to sift through the retailer’s instore and online catalog.” Read more
GameStop Is Investigating a Possible Credit Card Security Breach on Its Website by Aric Jenkins at Fortune. “GameStop recently received notification from a third party that it believed payment card data from cards used on the GameStop.com website was being offered for sale on a website,” a company spokesperson wrote in an email to Fortune.” Read more
…Krebs: Two sources in the financial industry told KrebsOnSecurity that they have received alerts from a credit card processor stating that Gamestop.com was likely compromised by intruders between mid-September 2016 and the first week of February 2017. Read more
Bartell Drugs CEO resigns after two years as first outsider to run the chain by Janet I. Tu at Seattle Times. “He had some professional and personal things he wanted to take on,” Brewer said. “He had discussed it with the other members of the executive team and family, and decided to move on from there.” Read more
Sports Authority headquarters in Englewood sells for $15.77 million by Jason Blevins at Denver Post. “The $15.77 million deal involves two buildings: the 92,040 square-foot 1050 W. Hampden Ave. and the 118,167 square-foot 1090 W. Hampden Ave.” Read more
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How Jenna Lyons got too big for J.Crew’s britches by Maureen Callahan at NY Post. “Her work ethic, like Drexler’s, was rooted in childhood poverty; her parents divorced when she was in junior high, and she carried one defining moment: “I’ll never forget my mother standing in the tuna fish aisle, thinking, ‘Are we going to get tuna fish this week?’ Feeling like I never wanted to rely on a man. I was like, ‘I gotta work my ass off.’ ” Read more
Buc-ee’s, politics just don’t mix, fans of convenience store say after ‘Meet the Press’ mention by Maria Halkias at Dallas Morning News. “Backers of Trump’s son-in-law Jared Kushner eat at “a fancy restaurant in New York called Cipriani, ” said New York Times columnist David Brooks, a guest on the show. Brooks then went on to say Bu-cee’s was more the speed of supporters of Steve Bannon, the White House Chief Strategist.” Read more
Koch-backed group unveils TV ad against border tax by Naomi Jagoda at The Hill. Read more
Who makes Trader Joe’s food? Inside the secretive (and very profitable) relationship between the discount store and the big brands behind their products by Karen Ruiz at Daily Mail. “According to the report, Annie’s Organic Shells and White Cheddar has the same ingredients as Trader Joe’s except the former contains cream. Crystal Geyser’s Sparkling Lemon Water had virtually the same taste and ingredients as the store’s version.” Read more
Filings reveal big new Apple Store at prime Seattle retail site, on Microsoft’s doorstep by Nat Levy at GeekWire. Read more
Samsonite buys eBags for $105 million by Matt Linder at Internet Retailer. “EBags launched in 1999, generated $158.5 million in sales last year, up 23.5% from $128.3 million the previous year.” Read more
HHGregg to close all 220 stores after failing to find a buyer by James Briggs at Indy Star. Read more
Sans CMO, Build-A-Bear Tries TV by Adrianne Pasquarelli at Ad Age. “Beginning today, toy brand Build-A-Bear Workshop is investing its marketing dollars in two PBS Kids programs, “Curious George” and “Wild Kratts.”…The company recently parted ways with its chief marketing officer after a disastrous holiday sales season. Now, it’s planning a return to traditional media like TV in order to reach more moms.” Read more
Guests Ring in Victoria Beckham for Target Launch Day at a Bullseye View. “The action began Saturday night, when a few hundred loyal guests got a chance to shop up to six items each at VIP events just for REDcard holders.” Read more
…Victoria Beckham’s Target range divides fans as they rush to purchase online – and hit technical difficulties by James Draper at The Mirror. “Thankfully, others were happy to offer their more successful experiences for reassurance. One young woman replied:” Call them to check, they are super helpful over the phone and they’ll confirm it for your peace of mind. Number’s on the site.” Another boasted: “Setting my alarm paid off. So excited I got my favorite VB pieces1″.” Read more
SkyMall co-founder has brain cancer by Hayley Ringle at Phoenix Business Journal. “A family friend is trying to raise $75,000 through a GoFundMe account to help the family with medical expenses.” Read more
Dead Bat Discovered in Salad Mixes Prompts Recalls From Walmart by Mahita Gajanan at Fortune. “The company issued the recall of Organic Marketside Spring Mix on Saturday after two people in Florida reported eating some salad before the bat was found in the box, according to the Centers for Disease Control and Prevention (CDC).” Read more
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Jeff Bezos: ‘The only thing that’s disruptive is customer adoption’
**
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