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CDC to reverse indoor mask policy to recommend them for fully vaccinated people in Covid hot spots at CNBC. Read more Amazon denies report claiming imminent acceptance of Bitcoin payments at The Verge. “The denial came after London-based financial paper City AM reported on a specific series of plans sourced from a company […]
Jeff Bezos carries out inaugural space voyage at Reuters. “Bezos gave a thumbs-up sign from inside the capsule after landing on the desert floor before stepping out, wearing a cowboy hat and blue flight suit, and giving company employees high fives.” Read more US home construction jumps 6.3% in June at AP. “Home […]
Robot collision at Ocado warehouse near London sparks fire, delaying customer orders at BBC. “The online grocer said the blaze started when three of the robots that help pick its groceries collided at the Erith site. About 800 staff had to be evacuated and firefighters worked through the night to contain the incident. It […]
Supermarkets are stockpiling inventory as food costs rise at Fox Business. “Some supermarkets said they are buying and storing supplies to keep their shelves full amid stronger demand…The move is a reversal from last year when consumers hoarded groceries because of concerns about food availability…” Read more Target, Walgreens close early due to […]
Walgreens Q3 US overall comp sales +6.4% / Pharmacy +8.4% / Retail +1.7% Press release …Walgreens raises forecast as it looks to accelerate growth under new CEO at CNBC. “The drugstore chain said it now anticipates about 10% growth in adjusted earnings per share for the year, due to its rebounding sales and […]
WANTED: TRUCK DRIVERS – Gas stations are running out of gas ahead of the holiday weekend at CNN. “Right now the outages are scattered across the country, said Tom Kloza, global head of energy analysis for the Oil Price Information Service, which tracks prices for AAA. He said there have been outages reported in […]
US economy up 6.4% in Q1 with stronger future gains expected at AP. “Consumer spending…grew at a sizzling annual rate of 11.4% in first three months of the year…Business investment grew at a strong 11.7% rate…” Read more Prime Day 2021 was the biggest two-day period ever for Amazon’s third party sellers “Top-selling […]
A Covid-era lease break for retailers looks set to become industry standard at CNBC. “Once-temporary rent breaks for retailers are expected to become the new standard among landlords, even after pandemic restrictions end and shopping rebounds, the Wall Street Journal reported Tuesday.” Read more | WSJ subs. The Amazon that customers don’t see: […]