Rite Aid Q2 Comp Sales -2.5% “…consisting of a 3.6 percent decrease in pharmacy sales, partially offset by a 0.1 percent increase in front-end sales.” Press release

 

…Fox Business: Rite Aid Same-Store Sales Pressured by Generics  Read more

 

Bed, Bath & Beyond Q2 Comp Sales -1.2% Press release

 

Nordstrom.com gets new president; company leaders shuffle assignments by Janet I. Tu at Seattle Times. “Ken Worzel, who has been serving as the company’s executive vice president of strategy and development since 2010, was named president of Nordstrom.com…The company also shuffled the responsibilities of two of its triumvirate of co-presidents to better align them with the two brands: Nordstrom and Nordstrom Rack.” See the changes

 

CHARLOTTE NIGHT #2 OF RIOTS

…NASCAR Hall of Fame among sites hit by vandals in Charlotte’s overnight rioting by Mark Price at Charlotte Observer. “On Thursday morning, a street sign hung from the front window of the hall’s news center, after vandals tried prying out the front window. Adjacent restaurants and hotels were also damaged, with doors and windows broken out.” Read more

 

…Hornets team store looted by Charlotte protesters by Joe Rodgers at Sporting News. Pics

 

Amazon Swats at Shutterfly With Photo-Printing Service by Spencer Soper at Bloomberg. “Amazon’s news in advance of the fourth quarter, when Shutterfly makes about half of its revenue from customers printing holiday cards and calendars, “couldn’t come at a worse time” for Shutterfly, said Victor Anthony, an analyst at Axiom Capital Management who follows both companies.” Read more

 

Former Wal-Mart executive named to Pizza Hut’s newly-created chief customer officer role by Korri Kezar at Dallas Business Journal. “Helen Vaid joins the Yum Brands subsidiary after serving as vice president of digital store operations and experience for Wal-Mart.” Read more

 

J.C.Penney Adds Arby’s CEO to Board of Directors by Korri Kezar at Dallas Business Journal. Read more

 

AutoZone Q4 Comp Sales Increase 1.0% Press release

 

Yahoo is expected to confirm massive data breach by Kara Swisher at Recode. “Yahoo is poised to confirm a massive data breach of its service, according to several sources close to the situation, hacking that has exposed several hundred million user accounts.” Read more

 

…A message from The International Home + Housewares Show – featuring over 2,200 exhibitors from 6 continents and 62,000 total attendees from more than 125 countries.  The 2017 Show takes place in Chicago, March 18-21, and is divided into five distinct Expos to showcase everything for the home including cookware, bakeware, tabletop, kitchen tools & gadgets, cleaning supplies, storage accessories, small kitchen & home electrics, water & air purification, and home healthcare products.  See the 2016 show recap video and IHA Global Innovation Award Finalists. For more information about the Show visit our website and register now.

 

CVS to offer curbside pickup by Lauren Zumbach at Chicago Tribune. “CVS Health will begin letting customers order online and have purchases delivered to their vehicles at more than 4,000 of CVS’ 9,600 retail pharmacies on Thursday.” Read more

 

Dick’s web traffic +73% via Seeking Alpha. Read more

 

Damages trial begins over Costco’s sale of counterfeit Tiffany rings by Andrew Chung at Reuters. “Costco Wholesale Corp told a federal jury on Tuesday that the company owes Tiffany & Co no more than $781,000 for counterfeit versions of the high-end jeweler’s diamond engagement rings in its warehouse stores.” Read more

 

Famed Target Cashier Poached by Medical Care Company by Lisa Capretto at HuffPo. “That woman gave Gilbert her card and asked him to call her. When he did, the two talked about an open position working with patients at the dialysis center, and Gilbert agreed to go in for an interview…The 20-year-old father now works at Fresenius Medical Care as a patient care technician and is working toward becoming a certified hemodialysis technician.” Read more

 

Meijer’s new home delivery service needs 200 more drivers in metro Detroit by Adrienne Roberts at Crain’s Detroit. Read more

 

CVS laying off close to 100 in Tampa by Pam Huff at Tampa Bay Business Journal. “The company said it’s in the process of consolidating four Coram Infusion Patient service centers into the Phoenix center.” Read more

 

Former McDonald’s Executive David Hoffmann Moves to Dunkin’ Donuts by Julie Jargon at Wall Street Journal. Read more (subscription)

 

NYC WILLIAMS-SONOMA – Hundreds line up to meet Ayesha Curry by Darren Rovell at ESPN. “It was a familiar scene, a huge line to see a person with the last name Curry, except this time it wasn’t Steph, but his wife, Ayesha, for whom the crowd was clamoring. On Tuesday, at the Williams-Sonoma flagship store inside New York City’s Time Warner Center, hundreds lined up to get Ayesha Curry’s book, “The Seasoned Life: Food, Family, Faith, and the Joy of Eating Well” Read more

 

You’re not alone: 51 percent of Amazon Echo owners have it in the kitchen by Jason Del Rey at Recode. Read more

 

Ex-Hudson’s Bay SVP Rejoins Agency by Larissa Faw at MediaPost. Read more 

 

Retailers can’t wait until the election is over by Krystina Gustafson at CNBC. “…if history is any indication, retailers could see a double-digit sales lift in November and December, as shoppers focus on the holidays and release pent-up demand.” Read more

 

Most of Puerto Rico Plunged Into Darkness by Substation Fire at Bloomberg. Read more

 

San Fran: Sneak peek inside AT&T’s new and largest retail store in the country by Harry McCracken at Fast Company. “Did I mention that the ceiling is incredible?” Pics / Read more

 

A third of online shoppers will click away if they have to wait more than five seconds for a page to load by Nicholas Wells at CNBC. Read more

 

Bill Murray debuts line of ‘funner’ golf clothes by Matt Townsend at Bloomberg. “The golf industry needs to be more fun and exciting,” said Joel Murray, the youngest of the brothers and chief executive officer of Murray Brothers LLC. “Nicklaus and Palmer were wearing funner stuff in the ’70s than golfers are wearing now.” Read more

 

Tipsheet Extra Stories

New documentary explores 1984 McDonald’s massacre in San Diego area

This Tortilla Chip Is So Hellishly Spicy, You Get Only One Per Pack

Blue Bell again recalls ice cream over listeria concerns

The supply of container ships and their capacity is completely out of whack with demand

7-Eleven parent company to more than double U.S. footprint

Panera to debut ‘clean bacon’ menu addition

Minneapolis: Bonobos opens 28th guide shop

Read Tipsheet Extra Stories

 

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