Instagram is adding more shopping features at CNBC. "Instagram will start testing shopping through its short-form video feature Reels later this year. Instagram will also add shopping to IGTV, where users can watch longer videos, starting Monday. Monday’s move will appeal to creators and brands who routinely look to monetize their efforts on the app." Read more   Pandemic pushes start of holiday shopping earlier than ever at AP. "Joel Bines, who runs the retail practice at AlixPartners, thinks the earlier shopping will stick even when the pandemic is over...“This is here to stay,” Bines said. “The new holiday [...]

  Home Depot names Ted Decker president and chief operating officer, effective October 5, 2020 "Ann-Marie Campbell named EVP of U.S. stores and international operations...Jeff Kinnaird promoted to EVP of merchandising...Michael Rowe has been promoted to president of The Home Depot Canada...Richard McPhail, EVP & CFO, will assume the additional responsibility for the company's corporate strategy and strategic business development." Press release   Sam's Club CEO Kathryn McLay speaks with Fortune "McLay, an Australian who became Sam's Club CEO in November after a few years at Walmart, recalled that it was on a March tour of a store in Chicago that [...]

  Amazon cozies up to Biden camp with cash and connections at Reuters. "Amazon appears to have taken an early lead making in-roads with the Biden camp, according to data gathered by Reuters from OpenSecrets and campaign finance records, along with interviews with over a dozen stakeholders including anti-monopoly groups, lobbyists, congressional aides, competitors and lawmakers." Read more   Bed Bath & Beyond posts same-store sales gain for the first time since 2016 at CNBC. "Same-store sales rose 6%...Analysts had been calling for a decline of 2.1%, according to FactSet. Online sales helped drive the gains, with digital comparable sales [...]