Walmart and Peacock team up on AI-powered shoppable ads at Yahoo. “NBCUniversal said it is working with Walmart to let viewers watching Bravo’s Below Deck Mediterranean buy items from the show during commercial breaks using their remote control. Shoppable episodes of Below Deck Mediterranean will appear November 7, December 5 and December 12.” Read more | Press release

 

The new Bed Bath & Beyond’s CEO is out, days after activist firm called for his ouster at CNBC. “In the letter, JAT said Marcus Lemonis, the Camping World CEO and TV personality who starred in CNBC’s “The Profit,” should take over management of the company. He joined the Overstock board last month and has cheered its transition to Beyond Inc., which took effect Monday.” Read more

 

Google Search and Chrome are getting new tools to help users find discounts at TechCrunch. ” Chrome will show you products you recently viewed on shopping sites in your “Resume browsing” card when you open a new tab, and let you know if it’s currently discounted. Or, when you visit a product page on a shopping site, you can click the new Discount tag icon in the Chrome address bar to see available coupon codes from the site you’re visiting.” Read more

 

UK grocery inflation in single digits for first time this year (barely!) – Kantar at Reuters

 

Nike sues New Balance, Skechers for patent infringement over sneaker technology at Reuters. “The lawsuits said that several New Balance athletic shoes and Skechers sneakers misuse Nike’s patented “Flyknit” technology for running, soccer and basketball shoes.” Read more

 

Shein reportedly seeks $90 billion valuation in IPO at TechCrunch. “That price tag is up from the $64 billion valuation it was given in a funding round early this year. But the online fashion upstart, which has disrupted an industry that had been dominated by the likes of Zara and H&M, attained an even higher valuation of $100 billion in April 2022.” Read more

 

Food-delivery startup Wonder Group gets $100 million investment from Nestle at CNBC. “The startup, which was valued at about $3.5 billion when it closed a $350 million funding round in June, was founded in 2018 by serial entrepreneur and former Walmart e-commerce chief Marc Lore. Wonder recently struck a deal to acquire meal-kit company Blue Apron for $103 million.” Read more

 

Costco Kirkland Signature driver hits USGA conforming club list. Are store shelves next? at Golf. “…in August, images leaked from a Costco manager’s sales meeting, including slides depicting yellow Kirkland Signature golf balls, irons and a driver arriving in stores with an ETA of Nov. 1. The balls have since become available, and the driver (priced at $199 on the presentation slide) is now on the conforming list.” Read more

 

Human Skull, On Sale for $4,000, Draws Attention to Florida Store at DNYUZ. “We’re working hard to see if there was a crime committed,” said Carmine Marceno, the county sheriff, who added that his office was working with the office of Amira Fox, the Florida state attorney whose jurisdiction includes Lee County. “When a human skull ends up in a store, it’s alarming.” Read more

 

Walmart merchant, product execs work to stay current on customer demands by Kim Souza at Talk Business. “Sam Walton’s mantra of the customer being No. 1 is still the focus for Brock McKeel, divisional merchandise manager for consumer electronics at Walmart U.S., and Jon Alferness, chief product officer. McKeel and Alferness recently took part in a fireside chat with Kevin Meagher of Deloitte at the NWA Technology Summit…” Read more

 

Amazon is mum on upcoming Seattle elections after riling up city council races 4 years ago at GeekWire.

 

Wegmans kills its “WPOP” soda brand at The Street. “Wegmans apparently takes the “Food You Feel Good About” pledge seriously as it used it to justify killing its popular house soda brand, which has affectionately been dubbed “WPOP.” Read more