#1 Cust. Service (Costco/Publix/Wawa) | Recession 15% | lulu Margin 58%


America’s Best Customer Service 2024 (#1 = Publix, Costco, Wawa…) at Newsweek. “Newsweek and…Statista are proud to announce our sixth edition of America’s Best Customer Service 2024. This award recognizes 724 brands in 166 categories that go above and beyond to make their customers feel special.” Rankings


Goldman Sachs cuts chances of US recession in next one year to 15% from an earlier 20% at Reuters. Read more


Amazon is reportedly getting into legal fights with landlords as ‘zombie’ Amazon Fresh stores pile up by Alex Bitter at Business Insider. “In New Jersey, another landlord is suing Amazon for $10 million after it invested in readying one of its properties for an Amazon Fresh store, the Post reported. Amazon has also faced lawsuits from landlords in Philadelphia and Seattle, according to the Post.” Read more


lululemon Q2 comparable sales +11% “Gross profit increased 23% to $1.3 billion and gross margin increased 230 basis points to 58.8%.” Press release


Dollar General promotes Rod West to EVP of Global Supply Chain Press release


Tyson Foods Couldn’t Produce Enough Chicken. Now It Has Too Much. by Patrick Thomas at Wall Street Journal. “You had a supercycle for chicken that played out in 2021 and 2022,” said Ben Bienvenu, a food and agribusiness analyst at Stephens. “I get why they [Tyson] wanted to increase production after feeling like they missed out.” WSJ subs. 


Walgreens CEO steps down at CNN. “…its board and Brewer…mutually agreed for her to step down. Brewer also immediately stepped down as a member of the company’s board. Walgreens’ board named Ginger Graham, a member of the board, as interim CEO.” Read more


Former Walmart executives find new career challenges by Kim Souza at Talk Business. Read more


B&M buys up to 51 stores from collapsed rival Wilko at BBC. “Wilko was founded in 1930 and by the 1990s became one of Britain’s fastest-growing retailers. But the discount chain has faced strong competition from rivals including B&M, Poundland and Home Bargains, as the high cost of living has pushed shoppers to seek out bargains.” Read more


The Costco logo sweatshirt is being sold online for $12.97 as shoppers call it ‘hysterical,’ ‘glorious’ and ‘comfy’ at Fox Business. Pics/Read more


Teen dies after taking part in social media’s spicy ‘One Chip Challenge’ by David Propper at NY Post. “Tufts Medical Center chief of pediatric emergency medicine Dr. Lauren Rice told the outlet that when someone eats spicy food, the results can range from mouth or lip burning to heart issues. “Sometimes, we see people with a lot of chest pain, or they’ll experience palpitations, as well,” Rice said.” Read more