McLay #9 Power | Publix #22 Tech | Target/’Wicked’
2024 100 Most Powerful Women in Business (Lynch #2 / McLay #9 / Campbell #50 / Barry #58) at Fortune. “The list features women from six continents, 19 countries and territories, and 14 different industries, proving there is no one-size-fits-all approach to reaching the pinnacle of business.” Read more | Press release
Sneak Peek of Prime Big Deal Days (Starting October 8th) Press Release
Ship queue grows at US ports at Reuters. “At least 45 container vessels that have been unable to unload had anchored up outside the strike-stricken East Coast and Gulf Coast ports by Wednesday, up from just three before the strike began on Sunday, according to Everstream Analytics.” Read more
…Coffee containers pile up at US ports at Reuters. “Prices for coffee held in U.S. warehouses are already rising due to the delays, said one coffee trader with containers stuck in ports. “We have some 40 containers waiting to be moved,” said the head trader of one of the largest coffee importers in the U.S.”. Read more
Striking Dockworkers Are Top Earners—When They Work at WSJ. “Dockworkers say that behind the outsize pay demand and the ranks of high-earning union members, especially in the New York region, are thousands who earn far less loading and unloading cargo at ports in places like Virginia, Florida and Texas, where pay scales are lower and ports aren’t as busy.” WSJ subs.
Union boss who threatened to ‘cripple’ economy lives in luxe 7,000-square-foot mansion at NY Post. “Photos taken by drone on Tuesday show the (Bentley)…outside what appears to be a five-car garage that’s connected to his 7,136-square-foot, Tudor-style home by a covered skyway. The hulking, two-story mansion — located on a 10-acre property in Sparta, a leafy enclave 50 miles west of New York City — encircles a spacious backyard patio with an amoeba-shaped pool.” Read more/Pics
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Best Employers for Tech Workers (Publix #22 / Home Depot #27 / Big 5 #28 / Costco #30) at Forbes. Full list
CRAMER: Oppenheimer thinks Costco could get a short-term bump in sales from customers stocking up on goods due to the port strike. This view was based on their checks at a Northern New Jersey store.
QVC to add USA Pickleball to its home shopping experience at CNBC. “…will mix the shopping experience with the live matchups. As part of the partnership, QVC will also be the exclusive retail industry partner of USA Pickleball.” Read more
Target partners with ‘Wicked’ costume designer Paul Tazewell on 150+ movie-inspired products Press release
Thousands of shipping containers have been lost at sea. What happens when they burst open? at AP News. “Russ Lewis has picked up some strange things along the coast of Long Beach Peninsula in Washington state over the years: Hot Wheels bicycle helmets with feather tufts, life-size plastic turkey decoys made for hunters, colorful squirt guns. And Crocs — so many mismatched Crocs…More than 20,000 shipping containers have tumbled overboard in the last decade and a half.” Read more
Walmart employees to get expanded cancer treatment options with the Mayo Clinic at AP/ABC. “Walmart’s cancer program had been offering employees and their dependents help from the Mayo Clinic on breast, lung, colon, prostate, pancreatic and blood cancers. It is now expanding the coverage to include most other cancers.” Read more
Costco now sells platinum bars — but some financial pros say they aren’t a sure bet at MarketWatch
Why Target’s Good & Gather Line Hit the Mark at Progressive Grocer. Conlin Q&A
Mooresville, N.C. Worries There’s Danger Lurking Under Its Lawns at WSJ. “Coal ash, which contains arsenic, heavy metals and radioactive elements, is stirring unease in this town of 50,000…North Carolina records show 350,000 tons of coal ash under a Lowe’s, 100,000 tons under a daycare center and 54,000 tons under apartments next to a high school.” WSJ subs.
Sen: Elizabeth Warren is requesting answers from Stop & Shop after a Boston youth group revealed higher prices at store in low-income neighborhood Warren Letter
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