Entries by jlong

Tipsheet: Walmart/Kidbox Team | Midway Mall | Blockchain 50

  Walmart announces partnership with Kidbox – a clothing subscription box company for kids at AP News. “Walmart customers will get access to more than 120 premium children’s brands. The style box will include about five fashion items for $48, about 50% off the suggested retail price of the bundled items.” Read more   Chicago’s […]

Tipsheet: Best Buy New CEO | FDA Threatens | Amazon Sweeps

  Best Buy names Corie Barry as its new CEO, Hubert Joly to become board’s executive chairman at CNBC. “Corie Barry, currently the company’s chief financial and strategic transformation officer, will become its new chief executive officer, effective June 11…current U.S. chief operating officer Mike Mohan will be promoted to president and COO, while the […]

Tipsheet: Stop & Shop Strike | Ross COO Out | Ma Defends ‘996’ | Black Homes Trend

  Walmart acquires adtech startup by Sarah Perez at TechCrunch. “Polymorph’s technology includes a high-speed ad server, a self-serve interface and server-side header bidding. This, says Walmart, will make advertising easier for thousands of brands and will deliver more relevant ads to consumers.” Read more   J. Crew is considering an IPO for its Madewell […]

Tipsheet: Amazon Go +Cash | JD Job Cuts | Hemp Beats Kale

  Amazon exec tells employees that Go stores will start accepting cash to address ‘discrimination’ concerns at CNBC. “The spokesperson described the process as “you’ll check out, pay with cash, and then get your change.” “We are working to accept cash at Amazon Go,” the spokesperson said.” Read more   Walmart Puts Reusable Bags at […]

Tipsheet: 75K Stores Need to Close | Winter Returns | WM Ups Robots

  75,000 more stores need to close across the US, UBS estimates at CNBC. “Assuming online sales’ share of total retail sales in the U.S. grows to 25% by 2026, from 16% today…about 21,000 clothing stores, 10,000 consumer electronics stores, 8,000 home furnishing stores and 1,000 home improvement stores should close, UBS says.” Read more […]