Wal-Mart closed over 10 percent of Brazil stores in restructuring by Nathan Layne & Brad Haynes at Reuters. “The people familiar with Wal-Mart’s Brazil operations told Reuters that Wal-Mart had shuttered roughly 60 stores in the past few weeks. The people, who spoke on condition of anonymity, said a significant number of the closures were of smaller-format stores.” Read more

 

…Walmex gets new CEO from Wal-Mart Brazil at Reuters. (Guilherme) Loureiro was previously CEO of Wal-Mart in Brazil…He will take over from Enrique Ostale as CEO for Mexico and Central America.” Read more

 

Facebook post about Indy Target employee’s patience goes viral at CBS 4 Indianapolis. “The woman wanted to purchase each item she had separately with change…“I watched him help her count her change, ever so tenderly taking it from her shaking hands…“I realized I hadn’t been inconvenienced at all,” she said. “That my daughter was instead witnessing kindness and patience and being taught this valuable lesson by a complete stranger.” Read more

 

Lowe’s Collaborates with Google to Build Project Tango App by Rachael King at WSJ. “Lowe’s has already been working for months on its app with Google and it should be ready this summer, Kyle Nel, executive director of Lowe’s Innovation Labs, told CIO Journal. Mr. Nel sees it as an extension of the retailer’s earlier efforts with virtual and augmented reality at its innovation labs.” Read more (subscription)

 

…Lowe’s Hiring 46,000 Seasonal Employees Read the release

 

WALMART DJ COMPETITION – by Russell Bloodworth, Marketing Manager Walmart Radio. “A few months ago, the company made the decision to re-launch Walmart Radio after a six-year hiatus…Through Jan. 16, we’re offering store associates the opportunity to send us a 4-minute video audition to become our next DJ. The winner will receive a full-time job as DJ, benefits and relocation package to Bentonville, Ark.” Read more

 

Bezos’ Blue Origin seeks tax incentives to build rocket engines in Washington state by Dominic Gates at Seattle Times. “At its Kent headquarters, Blue Origin employs more than 400 engineers who design and build development models of both its space rockets and the engines that power them.” Read more

 

**A message from Orchard Road Canning – Decorative Series lids spice up the home canning category. Orchard Road’s Decorative Series delivers three distinct designs: Wild Daisy, Fruit and Gingham. See the designs here. Contact info@eyeonretail.net for program information.

 

Costco Switches On 4K TV Walls at All U.S. Costco Locations “According to a recent BI Intelligence forecast, by 2024 4K TVs will be in roughly half of all North American households and by 2030 in nearly all North American households.” Read the release

 

Walmart eyes tie-ups with Flipkart, Snapdeal, others by Nivedita Mookerji & Dilasha Seth at Business Standard. “Rajneesh Kumar, vice-president and head, corporate affairs, Walmart India, said, “Several businesses in the e-commerce space have approached us to become our members and we are processing those requests.” Read more

 

Amazon Is Dropping Prime Subscriptions to Just $73 This Weekend by Chris Welch at The Verge via Recode. “In celebration of its pair of “Mozart in the Jungle” Golden Globes victories last Sunday…Subscribing will cost $73 — down from the regular $99 — from 9 pm PT Friday until 11:59 pm local time Sunday night.” Read more

 

Lowe’s Appoints Jennifer L. Weber As Chief Human Resources Officer via Yahoo. “She joins the company most recently from Duke Energy, where she served for the past seven years on the company’s senior leadership team as executive vice president & chief human resources officer.” Read the release

 

Meet the 20 Female CEO’s Running Fashion’s Biggest Brands by Lauren Indvik at Fashionista. See the top 20 list

 

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A year after Target bolted Canada, creditors still face uncertainty

Report: Nike, Ohio State sign $252M, 15-year extension

Amazon Can Now Ship Packages From China to the U.S. by Sea

BCG Study: New World of IT in Consumer Packaged Goods

Most People See Connected Devices As a Privacy Problem

Wayfair.com Launches One-Stop Flooring Shop

Read Tipsheet Extra Stories

 

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