Amazon reportedly postponing Prime Day until October at CNBC. “The email advises sellers to use the week of Oct. 5 as a “placeholder date” for Prime Day promotions and coupons, but cautions that “exact Prime Day dates have not been announced.” Read more

 

White House teases executive orders on China, immigration and prescription drugs at Politico. “The interesting thing is this president will do more in the next four weeks than Joe Biden and his team did in the last 40 years,” (Mark Meadows) claimed. “So you just need to stay tuned.” Read more

 

Sam’s Club CEO Kath McLay joins Yahoo Finance’s Julia La Roche at Yahoo Money. 4:17 video

 

The Pandemic Is Rewriting the Rules of Retail at Harvard Business Review. “For several years now, some retailers have been putting as much if not more priority on the in-store experience than on the products they sell…As a result of Covid-19…(retailers) have to give people a reason to visit that is so compelling, it justifies their exposure to health risks and overcomes the inertia of the behaviors they adopted during the shutdown.” Read more

 

Uber agrees to buy food-delivery service Postmates for $2.65 billion in stock at CNBC. Read more

 

Amazon Go Grocery stores slated for Seattle area and Washington D.C. at CNBC. “Traditional grocery stores are also in the works in California and Illinois, according to The Seattle Times…The conventional stores will be in North Hollywood and three suburbs of Chicago. An Amazon spokesperson confirmed the stores in California, Illinois, and D.C. to GeekWire.” Read more

 

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As Black buying power grows, racial profiling by retailers remains persistent problem at CNBC. “Nearly 30% of Black Americans said they were treated unfairly because of their race when shopping in the past 30 days, according to the 2018 Gallup poll.” Read more

 

Walmart to open Medicare insurance agency in the Dallas market at Talk Business. “…the retailer plans to have the agents working the first week of August. In the employment ads, Walmart says it now “has an insurance agency.” The focus of hiring is for Medicare insurance agents and call center representatives, who according to the job listing will work remotely for Walmart Insurance Services LLC, a subsidiary of Walmart Apollo LLC.” Read more

 

NYC grocers struggle to hire while workers bank on unemployment claims at NY Post. “Morton Williams, which operates 16 stores in the New York metro area, was slammed with 400 claims at the height of the pandemic in March and April…Through June, claims have risen to about 600 — or about half the workers on the payroll, he said. What’s more, during that time Sloan said Morton Williams has laid off only three people as grocery demand went through the roof. Yet by the end of May, more than 160 ex-staffers were drawing weekly benefits OK’d by the state, he said.” Read more

 

Sears exploring sale of home improvement business at CNBC. “Transformco, the owner of the Sears and Kmart retail chains, could raise at least $1 billion by divesting the home improvement business, the sources said. Sears has tapped investment bankers at Guggenheim Securities LLC to explore selling the business, the sources said.” Read more

 

Stores focus on cleaning to get shoppers back to spending at AP. “Shopping was something I really enjoyed. I like to look at clothes and jewelry. It was almost like therapy,” said Hope Kaplan, a 62-year-old publicist who is now only willing to go to the dentist and CVS because she’s worried about the coronavirus, especially with cases rising in her home of Tucson, Arizona.” Read more

 

Early Covid-19 tracking apps easy prey for hackers at Politico. “In the Qatar Covid-19 app, researchers found a vulnerability that would’ve let hackers obtain more than a million people’s national ID numbers and health status. In India’s app, a researcher discovered a security gap that allowed him to determine who was sick in individual homes.” Read more

 

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