Dollar General Q1 comp sales +2.4% “…2.7% increase in average transaction amount and a 0.3% decrease in customer traffic. Same-store sales…included growth in each of the consumables, seasonal, home products, and apparel categories.” Press release

 

Fortune Announces 2025 Fortune 500 List (Walmart #1, Amazon #2) Press release

 

Walmart CEO started his career unloading trailers at the warehouse—he says raising his hand led to his success at Fortune/Yahoo

 

Amazon Pharmacy updates include new caregiver feature and Medicare access for PillPack service at GeekWire. “The caregiver feature allows customers to invite trusted, verified individuals who can manage medications on behalf of loved ones through their own Amazon Pharmacy accounts.” Read more

 

Doritos, M&Ms Could Be Forced to Include Warning Labels in Texas at Bloomberg. “Texas Senate Bill 25, backed by Secretary of Health and Human Services Robert F. Kennedy Jr., is now awaiting the signature of Gov. Greg Abbott. Foods containing certain ingredients would require warning labels on new packaging beginning in 2027 in order to be sold in Texas…” Bloomberg subs.

 

Spike in steel tariffs could imperil Trump promise of lower grocery prices at AP. “Beyond the obvious products — canned foods like tuna, chicken broth and cranberry sauce — economists warn of a spillover effect that tariffs can have on a gamut of items. If the cost to build a store or buy a truck to haul food rise, the prices of products may follow.” Read more

 

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Lowe’s Completes Acquisition of Artisan Design Group Press release

 

Hudson’s Bay heads back to court to seek approval for Canadian Tire deal at Toronto Star. “If the ($30-million) deal gets the OK from Ontario’s Superior Court, Canadian Tire will be able to buy the rights to Hudson’s Bay’s intellectual property, which includes its name, its coat of arms and its iconic stripes.” Read more

 

Walmart using data to encourage healthier eating at Talk Business. “In addition to unveiling Everyday Health Signals, Walmart will allow millions of Medicare Advantage enrollees to add their benefits cards to their online accounts, which will highlight over-the-counter products that are eligible for their supplemental benefits.” Read more

 

Consumers Are Financing Their Groceries. What Does It Say About the Economy? at NY Times. “Stores and service providers also seem eager to offer the payment option, even though it’s fairly costly for merchants to do so. The fees that the pay-later companies charge are often more than double the “swipe” fees merchants pay to process transactions with credit card networks and banks.” Read more

 

Walmart quietly jacks up prices — despite Trump’s demand for retailer to ‘eat the tariffs’ at NY Post. “The price of toys, the bulk of which are made in China, were particularly impacted…The price on some office supplies also surged…Other notable hikes include a heating pad rising roughly 25%, from $19.98 to $24.96, and a fishing reel surging from $57.37 in April to $83.26 in May…” Read more

 

PriceSmart plans to open its sixth warehouse club in the Dominican Republic Press release

 

‘H-E-B coming soon’ sign stirs up Texas town in ultimate senior prank at MySA. “…Connor Wells and Landen Sodolak, created a fake “H-E-B coming soon” sign and placed it on an empty piece of land in the middle of the night. Their sign was so convincing that, by the next morning, it was posted all over Facebook with residents celebrating, sharing and tagging their friends.” Read more

 

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