Amazon +4K Rural | SNash +50% | Truckers No Translate
Amazon to invest £40 billion in the UK over next three years at CNBC. “The company said it plans to spend the money on building four new fulfillment centers…as well as upgrades and expansions to its existing operations buildings across the country…also plans to open two new buildings at its corporate headquarters in East London.” Read more
Amazon plans to expand Same-Day and Next-Day Delivery service to more than 4,000 smaller cities, towns, and rural communities Press release
Truckers fear job loss as new English language rules take effect at AP. “In the past, some drivers used translation apps to communicate with federal inspectors. The updated policy bars the use of interpreters, smartphones, cue cards or other aids during interviews. Several truck drivers taking a break at Flying J Travel Center in New Jersey said they support Trump’s order…” Read more
At Amazon’s Biggest Data Center, Everything Is Supersized for A.I. NY Times subs.
How Visa and Mastercard Can Survive the Stablecoin Threat at WSJ. “Then there is the incentive question of why a consumer would want to transact directly in stablecoins over cards. The latter often pay out generous rewards to holders. Stablecoins have a potential mechanism to do something similar…But that reserve income goes to the coin issuers, not merchants who accept the payments.” WSJ subs.
**A note from Sensi Smart Thermostats. Critics agree – it’s a hit: Esquire – Best Smart Thermostat 2024. MSN – Best Overall User Experience 2024. Energy Star Partner of the Year 2020-2024. Website | info@eyeonretail.net
Walmart Deals will be a six day event Press release
In Chile’s Atacama, world’s driest desert, growing lettuces with fog at Reuters. “In Chile’s arid Atacama, the driest desert in the world, growers and researchers are looking to harness water from the very air itself to grow lettuces and lemons, using a net to catch drops of moisture from fog.” Read more
SpartanNash stock jumps 50% on C&S acquisition announcement Co. press release
Cramer: Goldman Sachs downgraded luxury furniture retailer RH to a sell rating from neutral and lowered its price target by $20 to $179…analysts worry that the company…will face difficult year-over-year comparisons and have some concerns on execution.
The Eternal Quest to Save Gap Bloomberg subs.
Kroger to close 60 stores in next 18 months – not releasing a list of which locations will be impacted at this time at Fox News
…list of Kroger stores that have recently closed or will close in the coming months at Fast Company
**Advertise your product, service or trade show in Eye on Retail Tipsheet to get in front of the most powerful retail decision-makers in the world. Contact: info@eyeonretail.net