Tiffany CEO Out After Less Than 2 Years by Phil Wahba at Fortune. “…will be replaced on an interim basis by the New York jeweler’s longtime former CEO and current chairman Michael Kowalski while it looks for a new CEO.” Read more

 

SUPER BOWL AD RANKINGS – Kia wins USA TODAY’s Ad Meter behind Melissa McCarthy’s ‘Hero’s Journey’ Ad rankings

 

84 Lumber’s Provocative Super Bowl Ad Caused Its Website to Crash by Christopher Heine at Adweek. Video/Read more

 

Inside Amazon’s robot-run supermarket that needs just 3 human workers by Josh Kosman at NY Post. “…layout that could span anywhere between 10,000 and 40,000 square feet — would be devoted to goods that shoppers typically like to touch, sources briefed on the plans told The Post. Those could include as many as 4,000 items, spanning fresh fruits and vegetables, eggs, meats and cheeses, and grab-it-and-go stuff like beer and wine, the sources said. Pharmacies might also might spring up at some of the high-tech locations.” Read more

 

$80 MILLION PRIZE – Macy’s Executives to Get Lucrative Exit Packages if Takeover Happens by Vipal Monga at Wall Street Journal. “Chief Executive Terry Lundgren would receive more than $80 million if there is a change in control at the company, according to the company’s most recent proxy filing.” Read more (subscription)

 

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Eastern Mountain Sports’ Parent Is Latest Retailer to File for Bankruptcy via Fortune. “Eastern Outfitters is owned by private equity firm Versa Capital Management, which acquired Bob’s and Eastern Mountain Sports through the bankruptcy last year of Vestis Retail Group, the previous owner of the store chains.” Read more

 

Amazon’s Super Bowl ad features a Prime Air drone delivery ordered with Alexa by Taylor Soper at GeekWire. “Notice the disclaimer Amazon includes: “Prime Air is not available in some states (or any really). Yet.” Read more

 

Nordstrom says no boycott behind dropped Ivanka Trump line, just poor performance by Tonya Garcia at MarketWatch. Read more

 

Macy’s Could Actually Be Worth an Astounding Amount by Brian Sozzi at The Street. “Macy’s could conservatively be worth about $16.4 billion, or $53 a share, points out Deutsche Bank analyst Paul Trussell. Trussell estimates that Macy’s real estate alone is worth in the “low” $40 a share range. Shares of Macy’s spiked 6.4% on Friday to $32.69 on news Hudson’s Bay approached the company for a deal.” Read more

 

…Hudson’s Richard Baker eyeing ‘iconic flagship locations’ by Hollie Shaw at Financial Post. “Citing sources familiar with the matter, the Wall Street Journal reported Friday that the two companies are in preliminary deal talks, including one option that involves Macy’s real estate.” Read more

 

Best Buy founder’s private-jet company plans expansion in St. Paul by Nick Williams at Minneapolis/St.Paul Business Journal. Subscription required

 

Amazon hunts for London shops at The Times. “Amazon has begun searching for high street locations in prime areas of central London ahead of the potential launch of a checkout-free grocery chain later this year.” Read more (subscription)

 

Google’s Super Bowl ad accidentally set off a lot of Google Homes by Kwame Opam at The Verge. Read more

 

J.C. Penney, Macy’s end 5-year feud over Martha Stewart merchandise by Korri Kezar at Dallas Business Journal. Read more

 

Amazon’s $400M North Carolina wind farm is ‘days’ from powering up by Lauren K. Ohnesorge at Triangle Business Journal. “Once its online, the farm will generate 208 megawatts of electricity – enough to power more than 61,000 homes.” Read more

 

Hasbro Sales, Profit Beat on Disney Doll Demand at Fox Business. “Hasbro said revenue from toys in the girls category jumped 52 percent, as demand for dolls based on Walt Disney’s Cinderella and Frozen rose significantly in the fourth quarter ended Dec. 25.” Read more

 

Tipsheet Extra Stories

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Yeti Coolers settles lawsuit with competitor

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