Saks Fifth Avenue, Lord & Taylor customers to be offered free credit-monitoring service by Lisa Fickenscher at NY Post. Read more
Walmart takes its money transfer service global at CNBC. “The new Walmart2World will allow customers to relay funds to people in more than 200 countries…also promises delivery of funds in 10 minutes or less, unlike some services that can take as long as three days.” Read more
Fleet Farm quietly changed its gun marketing last month by John Ewoldt at Star Tribune. “The retailer stopped all advertising and promotions for assault-style rifles and high-capacity magazines but it will continue to sell them…Fleet Farm (also) changed its policy so that “no sale will occur unless we receive a positive ‘OK to sell’ response from the FBI.” Read more (tiered subs.)
Walmart is looking at buying PillPack, an online pharmacy, for under $1 billion at CNBC. “PillPack manages prescription medications for its customers which include those with multiple chronic conditions — all by packaging, organizing and delivering drugs. It boasts a “full-service” pharmacy, meaning its customer service team is available 24/7.” Read more
Feds: Home Depot defrauded out of more than $300,000 in ticket-switching scam by David Allison at Atlanta Business Chronicle. “The four Atlanta residents allegedly switched or altered the prices of merchandise by changing the Universal Product Code so the items could be purchased at a lower price and then returned for the actual, higher retail price…” Read more | Complete indictment
Advance Auto Parts CFO Exits Press release
Overstock.com Pulls Stock Offering After Sharp Decline in Shares by Paul Vigna at Wall Street Journal. “Since trading at a record-high $86.90 on Jan. 8, shares have plummeted 62%, including several sharp selloffs recently.” Read more (subs.)
Honey — the under-the-radar coupon startup — has held talks to raise around $100 million in a new investment by Jason Del Rey at Recode. Read more
The South’s Best Grocery Stores at Southern Living: Publix #1, Kroger #2, Harris Teeter #3, HEB #4, Wegmans #5, Piggly Wiggly #6 Read
**A message from 2018 Sweets & Snacks Expo – Be first to market with the newest candy and snack products! See the 2017 Innovation Winners. Put yourself in the center of the single largest gathering of confectionery & snack companies under one roof – schedule your trip now! Chicago, May 22-24, 2018. Website | Exhibitors
Panerabread.com Leaks Millions of Customer Records at Krebs on Security. “…exactly eight months to the day after Houlihan first reported the problem — and data shared by Houlihan indicated the site was still leaking customer records in plain text. Worse still, the records could be indexed and crawled by automated tools with very little effort.” Read more
Whole Foods is now cheaper than Kroger for home-delivered groceries by Hayley Peterson at Business Insider. “Whole Foods was cheaper than Kroger by 2% to 7% on grocery orders in the Cincinnati area costing $35 to $50, the analysts found.” Read more
Target reveals locations of three new small-format stores in New York at CNBC. “Target is planning to open small-format stores in New York’s Upper East Side neighborhood, Staten Island and Astoria, Queens.” Read more
Marriott EVP nominated for election to Home Depot Board Press release
Amazon could ‘take Google to the cleaners’ in retail search with a $20 billion ad business, analyst says at CNBC. “Analyst: ‘Slowly over time you will use Amazon as your retail search engine rather than Google.'” Read more
Tesco says own-brand soft drink prices will not rise after sugar levy at Reuters. “Britain will implement the levy from April 6 on makers of sugary drinks…A charge of 18 pence ($0.25) per litre will be levied on drinks containing 5 grammes or more of sugar per 100 millimetres and 24 pence per litre on drinks containing 8 grammes or more.” Read more
The Day Warby Parker Lost Its Cool by Elizabeth Segran at Fast Company. “Over April Fools’ weekend, Warby Parker tried to get a few cheap laughs by announcing a fake partnership with the fast-food chain Arby’s that would be called–you guessed it–WArby’s.” Read more
Tipsheet Extra Stories
Rev. Jesse Jackson calls for Kroger boycott
Here’s a look at Amazon’s new building in Boston’s Seaport
Anheuser-Busch Launches New Incentive-Based Sponsorship Model
Kroger drops plan to build massive store in Indy suburb
Uber to shut down same-day delivery service in Chicago, New York
Beer-delivery startup taps Minnesota’s love for craft brews
**
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