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Albertsons is bringing in robots to pack its online grocery orders at CNBC. “It will initially launch Takeoff as a pilot before deciding whether to scale it more broadly.” Read more 75 Best Large Workplaces for Women (Wegmans #2, Publix #29, Sheetz #54) at Fortune. List CVS is testing a membership program […]
Sam’s Club Now is ditching cashiers at a new store in Dallas at CNBC. “At the Dallas location, shoppers will be introduced to a new “Sam’s Club Now” app that builds on its existing “Shop and Go” app…At 32,000 square feet, Sam’s Club said the new store will be about a quarter of the […]
Amazon plunges 10% on revenue and guidance miss at CNBC. “The company gave fourth-quarter revenue guidance in the range of $66.5 billion and $72.5 billion, well-below consensus of $73.79 billion.” Read more …Amazon is on track to generate $10 billion a year from its advertising business at CNBC. “The company reported $2.5 billion […]
Single ticket in South Carolina wins record $1.6 billion Mega Millions jackpot at CNN. “The magic numbers drawn Tuesday night were 5, 28, 62, 65, 70, and the Mega Ball was 5. Mega Millions announced the historic win in a statement early Wednesday.” Read more State regulators probe CVS drug price fluctuations by […]
Walmart is expanding two-day shipping and in-store returns to many items sold by third parties on its website next month at CNBC. Read more NYC’s first Amazon Go cashierless store will open near the World Trade Center by Jason Del Rey at Recode. “Amazon plans to unveil the cashierless convenience store inside Brookfield […]
Sears chairman Lampert seeks partner for bankruptcy financing – sources at Reuters. “Lampert’s hedge fund, ESL Investments Inc, has held discussions with Cyrus Capital Partners LP, an investment firm that holds some of Sears’ existing debt, about sharing the burden of funding portions of the $300 million loan.” Read more Speculators are raising […]
Walmart’s grocery warehouse worker of the future will have a STEM background by Julia La Roche at Yahoo. “Walmart will soon break ground on a distribution center in Shafter, California, that will deploy Witron technology…“I think the secret sauce to grocery distribution is the quality of work you get out of the order filling group,” […]
BACK FOR MORE – Warren and Sanders question Amazon CEO over Whole Foods anti-union video by John Bowden at The Hill. “In a letter to Bezos, the two senators write that the video first reported by Gizmodo could have violated labor laws if employees were warned that stores could close as a result of unionization.” Read more […]