Amazon Hikes/WM -2% | Drone Fun | Vizio PL

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After Pledging to Keep Prices Low, Amazon Hiked Them on Hundreds of Essentials at WSJ. “The Journal’s analysis of prices from e-commerce data firm Traject Data found that while Amazon’s price rose on 1,200 of its cheapest household goods, competitor Walmart lowered prices on the same items by nearly 2%.” WSJ subs.

 

Coca-Cola reports weakening global sales volumes in second quarter at AP. “Coca-Cola reported better-than-expected earnings in the second quarter as higher prices offset weaker sales volumes. Case volumes fell 1% globally and 1% in North America, but Coke said Tuesday that pricing rose 6% for the April-June period.” Read more

 

…Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall at CNBC

 

Lululemon’s bestselling black leggings pile up at outlet stores at Financial Post. “We’ve witnessed signals of a brand in decline and see risks to earnings ahead,” Konik said in a note to clients on Thursday. The analyst, a long-time critic of the company’s strategy, has had an underperform rating on Lululemon’s stock since 2022.” Read more

 

Target’s back-to-school event starts July 27th Press release

 

The Robots That Are Taking Over Your Food Delivery at WSJ. “Elizabeth Dockery, a 41-year-old mother of three in Charlotte, has gotten about a dozen drone deliveries through DoorDash…The Panera soup and drinks have never arrived sloshed, and her children are fascinated with the drones. “It’s really exciting for our family. It’s absolutely wild,” Dockery says.” WSJ subs.

 

Vizio TVs to become a Walmart private-label brand – will be exclusively sold at Walmart and Sam’s Club at Tom’s Guide/Yahoo

 

Target is ending its guarantee to price-match Amazon and Walmart on July 28 at USA Today. “Beginning July 28, Target will only match its own in-store and online prices at Target.com, if the price drops within 14 days, the spokesperson said.” Read more

 

Costco begins to make the switch from Pepsi to Coca-Cola at food courts at Fox Business

 

Consumer Edge Data Reveals Shifts in U.S. General Merchandise Spending “Dollar stores and Amazon gain momentum…Warehouse club growth slows…Target’s new customer mix skews older and lower-income…” Press release

 

The Snack Wrap is so popular that some McDonald’s are running out of lettuce at Fortune

 

Apple Retail arrives in Saudi Arabia with launch of the Apple Store online Press release