Tipsheet: Walmart Tech “Bully”? | Costco #88 CEO | D.Gen New CIO | Dick’s New Tech Center
Amazon Prime is testing a try-before-you-buy option on up to 15 pieces of clothing at a time by Jason Del Rey at Recode. “The service — called Prime Wardrobe — lets customers pick from more than a million products across men’s and women’s fashion, as well as baby clothing. Shoppers have to order at least three items on the low end, but can order up to 15 pieces in a box. Keep three or four items, and customers save 10 percent. Keep five or more and the discount increases to 20 percent.” Read more
Wal-Mart to Vendors: Get Off Amazon’s Cloud by Jay Greene & Laura Stevens at Wall Street Journal. “It shouldn’t be a big surprise that there are cases in which we’d prefer our most sensitive data isn’t sitting on a competitor’s platform,” he said, adding that it’s a “small number.” An Amazon spokeswoman referred to Wal-Mart’s moves as attempts to “bully” tech suppliers. “Tactics like this are bad for business and customers,” the spokeswoman said.” Read more (subs.)
…Walmart Gears Up Anti-Amazon Stance in Wake of Whole Foods Deal by Barb Darrow at Fortune. Read more
Dollar General Names Carman Wenkoff as Executive Vice President and Chief Information Officer “Wenkoff most recently served as chief information officer and chief digital officer for Subway® restaurants…” Press release
Dick’s to open San Diego technology center by Paul J. Gough at Pittsburgh Business Times. “The center will support the Team Sports HQ digital division that works with youth sports associations around the U.S. on digital platforms and administration.” Read more
CEO of The Fresh Market resigns after less than two years at the helm by John Brasier at Triad Business Journal. “Apollo Global Management, which acquired The Fresh Market last year, has appointed Brian Nicholson, chief financial officer of The Fresh Market as interim CEO, “while a search is conducted” the source told TBJ.” Read more
Nike may be close to selling products directly on Amazon, according to Goldman Sachs’ Lindsay Drucker Mann via Seeking Alpha
Frank Yiannas, VP of Food Safety at Walmart Gives Update on “Blockchain” Partnership with IBM by Kim Souza at The City Wire. “Without the blockchain technology it took Wal-Mart nearly seven days to trace the mango back to the farm. That time was reduced to two seconds using blockchain…” Read more
Glassdoor’s 2017 Top 100 CEOs (HEB #16, Apple #53, Ikea #58, Best Buy #77, REI #86, Costco #88, Nordstrom #98) Top 100 list
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More than one-third of shoppers said they “feel nothing” when asked about their initial reaction after shopping in stores by Lauren Thomas at CNBC. Read more
Grainger, Groupon and Home Depot speed up their mobile sites by April Berthene at Internet Retailer. Top 10 list
WATCH: Giant tree is hoisted into the Amazon Spheres in milestone planting by Kurt Schlosser at GeekWire. “An attempt to lift the tree on June 12 was stopped over concern for the stability of the box holding the tree’s root ball. Eight days later, with a crowd of Amazon and Sellen construction workers and others looking on, a giant crane made short work of the job.” Video/Pics/Read more
How to Survive the Retail Crisis: A Master Class from T.J. Maxx by Suzanne Kapner at Wall Street Journal. “Little is known publicly about how the retailer executes its strategy, and TJX declined to make current executives available for interviews. The Wall Street Journal pieced together how the company operates from conversations with former executives and people familiar with its business practices…” Read more (subs.)
57% of Consumers Will Boycott a Brand That Doesn’t Share Their Social Beliefs by Kristina Monllos at Adweek. Read more
Alibaba founder Jack Ma to be interviewed by CNBC today at 9am ET
Theranos, Walgreens to settle lawsuit for less than $30 million via Morningstar | WSJ article (subs.)
CVS emerges as top drug chain for food shopping on 2017 Love List by David Salazar at Drug Store News. “Wal-Mart topped the list for millennial food enthusiasts surveyed, and Target came in second place among millennials. The top drug chain was CVS, which came in eighth among millennial food enthusiasts, followed by Walgreens at 10.” Read more
2017 Restaurant Customer Satisfaction Survey (#1: Cracker Barrel & Chick-fil-A) at ACSI. Download report
Sears Canada preparing to seek creditor protection by John Tilak at Reuters. “The business may be sold off in pieces after the court filing which will likely lead to liquidation, the person said.” Read more
Batman came to the rescue, literally, at a Texas Walmart at Fox News. “Batman says ‘I want you to know I have this Batman costume on but I’m an off-duty police officer,” Anthony Drake, a Walmart community involvement member, told Fox 4 News. The suspected shoplifter was issued a citation since the value of the DVDs was less than $100. But the suspect didn’t leave until he got a selfie with Batman.” Pics/Read more
Tipsheet Extra Stories
U.S. Supreme Court ruling threatens massive talc litigation against J&J
Feds say man used 173 accounts to scam Lowe’s of $2.6 million
Aspiring Country Singer Stuns Walmart Shoppers With ‘Hurricane’
‘Star Wars’ Han Solo Spinoff: Lord & Miller Fired After Clash
Meet the CEO of Halsey Inc.
Inside the drug-addled, sex-crazed world of Van Halen
Disney Sued for Allegedly Stealing the Concept for the Movie Inside Out
First look: LinkedIn’s newly renovated Mountain View campus (pics)
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