Tipsheet: 85% Yes to Drugs on Amazon | Get Men to Spend 79% More
BJ’s Wholesale Club offering free trial for residents to stock up for Florence at WTKS 3 CBS. Read more
After less than four years, Amazon’s business supplies site is on pace to pass $10 billion a year at CNBC. “We believe Amazon B2B over the very long-term has the potential to surpass the size of the core B2C segment, and remains an under-appreciated opportunity by many investors,” Colin Sebastian, an analyst at R.W. Baird, wrote in a note Tuesday.” Read more
Walmart built a new vending machine that retrieves groceries within seconds by Hayley Peterson at Business Insider. “The new version…can serve five customers simultaneously. The first version could serve only two customers at once. “Not only do customers not have to wait for an associate to bring them their order, but they also never need to set foot inside the store,” a Walmart spokesperson said.” Pics/Read more
Whole Foods grocery delivery is now available in 38 markets Press release
‘Home Depot Backyard’ opens on Georgia Dome site by Tim Tucker at AJC. “Falcons owner Arthur Blank, Home Depot CEO Craig Menear and Atlanta Mayor Keisha Lance Bottoms participated in a ceremony opening the space Tuesday.” Read more | Video from CBS 46
85% of insured Amazon Prime members open to buying drugs on the site, Deutsche Bank says at CNBC. Read more
Amazon is stuffing its search results pages with ads by Rani Molla at Recode. “The average cost per click on a sponsored Amazon product rose to 84 cents in the second quarter of 2018, up 6 percent year over year, according to digital marketing agency CPC Strategy.” Read more
Walmart takes a cue from Netflix in buying clothing brands like ours, Bonobos CEO says at CNBC. “If you want to win, you’ve got to own great brands,” (Andy) Dunn said Tuesday on CNBC’s “Squawk Alley.” Video/Read more
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Don’t believe the hype about Amazon ‘savings’ at Whole Foods by Lisa Fickenscher at NY Post. “…prices in Whole Foods’ 490 stores across the country — even after shoppers pony up cash for the Prime discount — come down by just $1.54 on a $400 basket of groceries, according to the report.” Read more
Sears Canada’s court monitor opposes priority for pensioners over other creditors via Toronto Star. Read more
Amazon to surpass Walmart as top U.S. apparel retailer with $30B in annual sales by Taylor Soper at GeekWire. “Quartz on Monday cited a new Goldman Sachs research note that shows Amazon overtaking Nike this year as the “preferred shoe retailer of young men.” Goldman Sachs analysts also reported Amazon as a top destination for athletic apparel, underwear, and grooming items for U.S. males ages 13-to-34.” Read more
FedEx plans six days per week, hire 55,000 workers for holiday season at Reuters. Read more
Hudson’s Bay will net proceeds of $616 million as it sells half the real estate of Galeria Kaufhof, the German department store chain it acquired in 2015 by Lisa Fickenscher at NY Post. Read more
Instacart has brought on Mark Schaaf as Chief Technology Officer at TechCrunch. Read more
Amazon will ship 7-foot-tall Christmas trees this season by Kurt Schlosser at GeekWire. “The AP says Amazon sold trees shorter than 3 feet last year. But because of popularity among customers, Amazon says it “increased the assortment.” Read more
eBay’s HeadGaze brings hands-free input to the iPhone X using ARKit at The Verge. Read more
U.S. Businesses Ramp Up Lobbying Against Trump’s Tariffs at Wall Street Journal. “…last week, the trade association for retailers including Target Corp. andWalmart Inc. brought 150 small retailers to meetings with lawmakers to talk about how tariffs could hurt their businesses.” WSJ subscription
Macy’s to hire 80,000 workers for holidays at CNBC. Read more
Oprah Winfrey partners with Kroger to end hunger by Elaine Kong at WKRC. Pics/Read more
Men spend 79% more in stores with an attractive male assistant at the door at CNBC. “The average spend for men was $165 when the attractive guy was present, more than double the amount for women, which was $72. When he wasn’t there, men spent $92 and women $97, according to Otterbring in an article published in the Harvard Business Review.” Read more
Fast Company’s 2018 Innovation By Design Awards 17 winners
Tipsheet Extra Stories
Product placement may help power Nasa’s next big space mission
Ossia teams up with Walmart to pilot wireless charging tech
Grocery store owners traded more than $5M in food stamps for cash
Publix may soon allow employees to grow beards
‘The Tonight Show’ Cancels Norm Macdonald Appearance After Controversial Comments
DC Extends Walmart-Exclusive Publishing Line With New Titles
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