USA Today
Walmart will launch a sale on Wednesday to beat Amazon's recently announced Prime Day, including more than 2,000 online exclusive discounts, called "rollbacks." The deals are in electronics, home, baby and toys, and the price cuts will last for three months. Walmart has also reduced the minimum order for free shipping from $50 to $35 for at least 30 days. Amazon Prime members pay $99 a year to be part of the service that offers free two-day shipping and access to video streaming and music. Walmart's pitch is that you don't have to pay a special tier price for deals.
Business Insider
Victoria's Secret is battling to keep share against Aerie, a brand that positions itself as the antidote to former's "Angel" (read: "unachievable") perfect-body/face motif, if not the whole supermodel idea. But Victoria's Secret isn't changing what works, or did work: the company now has its youngest lingerie model, one of ten new women representing it in shows and ads. The 19-year-old Taylor Hill, a Colorado native, also models for H&M, Ralph Lauren and more recently Dolce & Gabbana.
Bloomberg
J. Crew Group Inc., seeking to win over more cost-conscious shoppers, is introducing a new brand that will sell apparel at lower prices. The first store, J. Crew Mercantile, will open in a shopping center in Dallas in late July, per the New York-based company. The shop features the same products designed for and sold in J. Crew's outlet locations. J. Crew saw first-quarter sales fall 5%, and named a new head of women's design for J. Crew and cut 175 positions.
Detroit Bureau
By the end of next year, at least three automakers, Honda, Hyundai and Toyota, will be offering U.S. motorists new fuel-cell vehicles running on hydrogen rather than gasoline. The companies are rightly touting the technology as revolutionary. But fuel cells actually have a long past. The technology got its first serious use during the Apollo moon mission, and actually dates back to the mid-19th Century. And the car itself is an old idea: the first self-propelled vehicle was driven by Roman Emperor Commodius. Wound human hair, not gasoline, drove it.
Nation's Restaurant News
The U.S. restaurant business saw a 1.8% same-store sales growth in the second quarter, according to TDn2K's Black Box Intelligence through The Restaurant Industry Snapshot for June. The data, based on weekly sales from over 22,000 restaurant units representing $55 billion dollars in annual revenue, has a not so silver lining: the increase represents a 1.1% slowdown from the growth rate reported for the first quarter.
Chicago Business Journal
The Illinois Lottery is getting back to brand marketing. The effort includes television commercials and out-of-home work from Downtown Partners Chicago, just three months after Gov. Bruce Rauner named B.R. Lane director of the Lottery. Northstar Lottery Group has continued to orchestrate the Lottery's marketing game plan in conjunction with Downtown Partners Chicago and ad agency Commonground Chicago.
Nation's Restaurant News
US Foods Inc. has named Pietro Satriano president and CEO, effective July 13, the company said Thursday. Satriano, currently U.S. Foods chief merchandising officer, will replace John Lederer, who plans to continue as an advisor to US Foods and its board of directors, the company said. "Pietro is a proven leader whose business experience and strategic vision will be perfect for this next phase of US Foods' evolution," Ed Liddy, chairman of US Foods' board, said in a statement.
Automotive News
AutoNation Inc., the country's largest new-car dealership network, is severing ties with TrueCar Inc. following a contract dispute centered over customer information. AutoNation told TrueCar on Thursday that its dealerships would stop using the Internet vehicle shopping service at the end of July. Today, 226 of AutoNation's 240 U.S. dealerships use TrueCar's services. In April 2014, AutoNation CEO Mike Jackson said the retailer planned to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com and Cars.com.
NYSportsJournalism.com
The NFL has signed a ten-year deal with soccer club Tottenham Hotspur that will see the league play a least two games per season in Tottenham's new stadium beginning in 2018. The games will be part of the NFL's International Series and will be in addition to several games to be played annually in London's Wembley Stadium. The league's expanding U.K. presence includes a Web site and other activations. Anheuser-Busch (Budweiser), Jeep, Marriott, Microsoft, Papa John's, Pepsi Mix, Virgin Atlantic and Visa.
MarketingInteractive
It's Singapore's 50th, and Singapore-based carrier Scoot has livened up its livery to reflect the milestone. But the yellow and white theme has some people seeing red. Which makes sense as the plane is covered with red circles in which local companies' logos are emblazoned. Reviews on Scoot's Facebook page about the commemorative design are mixed. Scoot will hold a "National Day In-Flight Party" on the run up to National Day. A sweepstakes lets people vie for a chance to be on the plane.