Walmart is expanding two-day shipping and in-store returns to many items sold by third parties on its website next month at CNBC. Read more
NYC’s first Amazon Go cashierless store will open near the World Trade Center by Jason Del Rey at Recode. “Amazon plans to unveil the cashierless convenience store inside Brookfield Place, formerly known as the World Financial Center, in Manhattan’s Battery Park City neighborhood.” Read more
…Here are where the first Amazon Go stores in San Fran will be located by Lucas Matney at TechCrunch. List/Read more
The Best-Performing CEOs in the World 2018 (Joly #45, B. Nordstrom #62, Bezos #68) at Harvard Business Review. Top 100 list
Malls fear Sears bankruptcy signs will scare off shoppers by Lisa Fickenscher at NY Post. “Some mall operators are worried that big banners and garish signs could spoil the holiday vibe at their shopping centers — and further tarnish the already-battered image of shopping malls.” Read more
HUSKY HURTS – Sears Mortifying ‘Husky’ Jeans Endure by Jacob Gallagher at Wall Street Journal. “Yet, strangely, a better, less provocative term than “husky” has not been found. Gap, JCPenney, Old Navy, the Children’s Place, Kohl’s, Levi’s, Target, Land’s End—all of these retailers still use the term, a fact that shocked most of the Husky vets that I spoke with. “It’s terrible. It sounds offensive,” said Mr. Stier.” WSJ subs.
Impact of a trade war on China’s luxury shoppers is ‘minimal’ for now at CNBC. Read more
TODAY – New Yorkers go all-in on $1.6B Mega Millions dream at NY Post. “A ticket carries a 1-in-302.6 million chance of winning and must match all six numbers. The winner — or winners — will choose between taking a yearly payment for the next 29 years, with each payment increasing from the previous one by 5 percent, or a $904,900,000 lump sum.” Read more
Walmart isn’t hiring a ton of seasonal employees for the holiday rush this year at Business Insider. “For the third year in a row, the retail giant plans to handle the holiday rush by offering its 1.5 million US-based employees extra hours in order to handle the holiday rush.” Read more
**A message from Real Coconut Water – Organic Coconut Water is proven to boost category PL sales! Ask us how. Sell sheet | Website | Request samples: info@eyeonretail.net
Amazon.com, Qualcomm to put Alexa assistant in more headphones at Reuters. Read more
Publix Announces Promotions “Kevin Murphy, SVP of Retail Operations, will be promoted to President…Bob Bechtel, Miami Division Vice President, will be promoted to Vice President of Customer Experience…Mike Lester, Director of Warehousing, will be promoted to Vice President of Distribution.” Press release
eBay launches a service to help users unload their old smartphones on its online marketplace by Sarah Perez at TechCrunch. “(eBay) says that standard programs tend to offer 40 to 50 percent off the average market selling price, but eBay will provide up to 40% higher than trade-in values, on average.” Read more
Fortnite-themed Monopoly is No. 1 new game for Hasbro so far in Q4 at CNBC. “Beyond Monopoly: Fortnite, “we have Nerf Overwatch coming [in the spring], where you get to play the game for real,” Goldner, also chairman of Hasbro, told “Mad Money” host Jim Cramer in an interview. “That will follow with Nerf Fortnite.” Video/Read more
Tipsheet Extra Stories
Lakers fan sinks half-court shot to win $30K, tries to high-five team
Lululemon founder Chip Wilson mulls retaking board seat
Amazon Studios Names New Head of Unscripted TV
Nearly 800K Pounds of Ready-to-Eat Products Pulled From Trader Joe’s and Harris Teeter
‘You Are Jeff Bezos’ game lets you spend the Amazon CEO’s billions
Netflix Says It Does Not Use Race to Target Viewers
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