The Mad Dash to Buy Vintage Clothes on Instagram by Alexander Stratton & Kim Bhasin at Bloomberg. “Hundreds of accounts post carefully curated looks several times a day, and they often sell within minutes—or seconds. Since the clothes are plucked from thrift shops or a grandmother’s closet, they’re effectively one-of-a-kind. Miss an alert, and it’s gone forever.” Read more

 

Tractor Supply Q1 Comp Sales +3.7% Press release

 

Welcome to the New Convenience Store by Jane Black at Wall Street Journal. “…new upstarts like Choice Market, Green Zebra Grocery in Portland, Ore., Foxtrot in Chicago, the Goods Mart in Los Angeles and Amazon Go in Seattle are open long hours (if not 24) and use the same small spaces to offer a wider range of options.” Read more (subs.)

 

GNC Q1 Comp Sales +0.5% Press release

 

EBay Forecast Disappoints by Spencer Soper at Bloomberg. “(EBay) said sales will be $2.64 billion to $2.68 billion in the second quarter, while analysts were projecting $2.68 billion.” Read more

 

Carter’s Q1 Net Sales +3.0% Press release

 

Inflation Is No Match for Amazon, Walmart in the Grocery Aisle by Craig Giammona at Bloomberg. “A recent study of prices in Virginia and North Carolina found that a basket of items at Walmart was cheaper than at a nearby Aldi. That’s a reversal from a study conducted in December.” Read more

 

Cincinnati Kroger opens Ohio’s first new liquor store in three years by Alexander Coolidge at Cincinnati Enquirer. Read more

 

**A message from BK Resources – Commercial sinks and faucets are popular with DIY & Pro consumers. BK Resources is a leading supplier of stainless steel: commercial faucets, sinks, work tables, bar equipment, ice bins and more. Catalog | Website | Contact Us

 

Bloomingdale’s shines spotlight on modern motherhood by Sarah Jones at Luxury Daily. “Bloomingdale’s is celebrating female empowerment in a Mother’s Day campaign that focuses on ambitious women. Bloomingdale’s #MomBoss campaign features entrepreneurial moms at the helm of brands and nonprofits, showcasing their style and stories.” Read more

 

Orders for long-lasting or “durable” goods jumped 2.6% in March, riding a big increase in contracts for Boeing planes at MarketWatch. Read more

 

Kohl’s CEO Kevin Mansell @ CNBC  “We are much more positive as we go into [2018],” Mansell told CNBC’s Courtney Reagan Wednesday on “Squawk on the Street.” “We think amplifying the role of the store is the right strategy for us.” Video/Read more

 

Walgreens Safe Medication Disposal Program Collects More Than 270 Tons of Unused Medications Press release

 

Zillow scoops up office space from Nordstrom in Seattle by Nat Levy at GeekWire. Read more

 

How tax schemes shaped Amazon by David Pegg at The Guardian. “When Jeff Bezos was looking for a home for his fledgling online bookseller, amazon.com, in 1994, his first choice is said to have been a Native American reservation. The location would have presented generous tax breaks if the state of California had not intervened and halted the plan.” Read more

 

Tipsheet Extra Stories

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The E.Coli Outbreak Linked to Romaine Lettuce Keeps Getting Worse

Dallas police officer dies after Home Depot shooting

Walmart customer in KY uses store intercom to ask for help, goes viral

Amazon’s Alexa had a flaw that let eavesdroppers listen in

Read Tipsheet Extra Stories

 

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