Tipsheet: Amazon +$10 for Data | Saks Shoe Dept +60% | BJ’s +Frank
Amazon offers $10 to Prime Day shoppers who hand over their data at Reuters. “The deal is for new installations of the Amazon Assistant, a comparison-shopping tool that customers can add to their web browsers. It fetches Amazon’s price for products that users see on Walmart.com, Target.com and elsewhere.” Read more
On the other side of Prime Day, Amazon workers brace for ‘two months of hell’ at NBC News. “(Ex-truck driver) Brady said that Prime Day doesn’t come with any specific bonus or special pay rate outside of regular overtime pay, but did say management gives workers a special Prime Day T-shirt and sometimes a special treat. “During the week of Prime, you’ll get a snack,” she said. “Like a granola bar.” Read more
…Amazon fulfillment center workers in Shakopee, Minnesota, begin walking out at 3 p.m. ET Monday and will strike for a six-hour period that overlaps with the morning and evening shifts. at CNBC. Read more
Saks Fifth Avenue to create huge men’s luxury-shoe department by Lisa Fickenscher at NY Post. “…plans to open an 8,000-square-foot shoe department at its Fifth Avenue flagship on Wednesday…The new, sixth-floor emporium will be 60% larger than its predecessor and will boast at least 2,000 different pairs from more than 60 luxury brands, said Saks president Marc Metrick.” Read more
Barneys explores possible July bankruptcy at CNBC. “Barneys, which is facing a liquidity crunch spurred by a rent hike at its Manhattan flagship, has engaged law firm Kirkland & Ellis and financial advisers a M-III Partners to assist with the potential preparations, the people said.” Read more
Rent-A-Center acquires Merchants Preferred, a nationwide provider of virtual rent-to-own services Press release
The One Amazon Prime Day Deal That Walmart and Target Can’t Match at Wall Street Journal. “Amazon added more new Prime memberships on the first day of last year’s Prime Day event than any other day in the company’s history, according to Jefferies analyst Brent Thill.” WSJ subs.
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At Home marks 200th store milestone Press release
IKEA to Close Its Only U.S. Factory by Charlie McGee at Wall Street Journal. “…shifting the operations to Europe where it says production costs are lower. The company’s Danville, Va., facility will be closing in December, resulting in about 300 job cuts.” WSJ subs.
Barclays sees Carrefour-Casino merger as possible at Reuters. Read more
Amazon and rival retailers are much tighter than you think by Andria Cheng at Forbes. “Yes, even though Target uses Google Cloud and Walmart has reportedly told its tech vendors to stop using AWS, itself inking a deal to use the Microsoft Azure cloud service, AWS remains the top global cloud service provider and is favored by many rival retailers.” Read more
BJ’s new ad campaign features Frank, an active member of the local community who doesn’t want what BJ’s has to offer See TV spot/Press release
Michael Bender, CEO of Eyemart Express, elected to Kohl’s Board of Directors Press release
Chicago businesses try to cash in on viral search for the Humboldt Park gator by Lauren Zumbach at Chicago Tribune. “It’s not a #gatorwatch without Miller Lite,” Miller Lite tweeted…The Chicago Police Department responded to the tweet thread saying that alcohol isn’t permitted in the park, and one of the accounts tweeting as the gator, @ChanceDaSnapper, said it was “more of a @whiteclaw kinda gator,” referring to a hard seltzer.” Tiered subs.
Tipsheet Extra Stories
Landlord offers homeless $2,000 each to leave Home Depot camp
Walmart employee reportedly fired for posting confidential information to Reddit
TikTok took over VidCon, and YouTube is next
Walmart yodeling kid featured in latest “Old Town Road” remix
How Crocs have taken over teen footwear
Halo Top wants you to eat your sorrows away in an ice cream–themed ski lodge
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