Costco +Peloton | Amazon Ratings @ Search | Home Reno Surge?
Peloton partners with Costco to sell Bike+ at CNBC. “Under the terms of the deal, Costco will offer Peloton’s Bike+ in 300 of its U.S. stores for $1,999, and on Costco.com for $2,199 between Nov. 1 and Feb. 15. It is a steep discount from the typical price of the Bike+, which is selling on Peloton’s website for $2,495.” Read more
Walmart Launches Nationwide Same-Day Pharmacy Delivery “The new offering is now live in six states: Arkansas, Missouri, New York, Nevada, South Carolina and Wisconsin. By the end of January 2025, Walmart’s Pharmacy Delivery is expected to be available in 49 states…” Press release
America Is Primed for a Home-Renovation Resurgence at WSJ. “The latest reading of a closely watched gauge of repair and renovation spending predicts a return to growth next summer. Spending should reach an annual rate of $477 billion by this time next year, Harvard University’s Joint Center for Housing Studies said last week. That would approach the record annual rate of $487 billion reached a year ago, before high rates took a toll.” WSJ subs.
Target Will Reduce Prices on More Than 2,000 Items “By the end of the holiday season, Target will have lowered prices on over 10,000 items during the year.” Press release
Retail Space Is Going Fast and Pushing Out Local Shops at WSJ. “Nearly six in 10 small businesses said their rent had increased over the past six months, and more than half of independent retailers couldn’t pay their September rent in full, according to a survey by the business-networking platform Alignable.” WSJ subs.
Home Depot to require corporate employees to work quarterly 8-hour retail shifts at NY Post. “Starting in the fourth quarter of this year even remote workers will have to schlep onto the grey floor and don the orange apron for four days a year.” Read more
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Amazon shows seller ratings on product search results in new test at GeekWire. “…adding seller ratings on product search results brings a new element to Amazon’s online shopping experience. Consumers typically have to click through to an item and then click on the seller’s profile to see a rating. Amazon’s experiment elevates the visibility of the rating in a substantial way.” Read more
‘Everybody loves a skeleton’: The origin story of Home Depot’s giant decoration at USA Today. “They settled on 12 feet so it would be “so big, the skeleton could be looking down on a basketball hoop,” Allen said. The upper edge of an NBA basketball hoop is 10 feet above the ground. “That was the inspiration behind the concept.” Read more
Raccoons Discovered Living Inside Artificial Tree in Bass Pro Shop at Whiskeyriff
BuyBuy Baby is closing all of its stores – again at CNN. “The brick-and-mortar resurrection of BuyBuy Baby, which once had as many as 120 locations across the United States, lasted less than 12 months. The second iteration was scattered across several eastern US states.” Read more
Walmart is selling a tiny house for less than $16,000 at CBS
Costco Connection is now the nation’s third largest magazine at NY Times. “Jimmy Kimmel swears he has never once asked his team to land him a lick of press — except for the time when he begged for the chance to be featured on the cover of Costco Connection. The host and comedian pleaded with his publicist to get him a feature. “His first question was, ‘Why?’” Mr. Kimmel said. “And I told him, ‘Because I love Costco.’” Read more
Bad news for trade-loving Gen Z: Electricians and construction workers are among the unhappiest at work (U.K.) at Fortune/Yahoo
Former Abercrombie CEO arrested in sex trafficking investigation at ABC. “The investigation involved whether the men sexually exploited and abused young men at parties they hosted in the United States and around the world, the sources said.” Read more
LA – Striking CVS Pharmacy employees are going back to work as contract talks are set to resume at LA Daily News