Tipsheet: Amazon Drivers Hang Phones In Trees | At Home +42.3%


Macy’s Q2 comp sales down 34.7% Press release


…Macy’s posts smaller-than-expected loss, shares rise at Reuters. “…online sales surge 53% for the second quarter ended Aug. 1…Gross margin of 23.6% also improved about 650 basis points from the immediately preceding quarter.” Read more


…Macy’s plans rollout of smaller stores away from malls at CNBC. “…planning to test several, smaller Macy’s stores outside of shopping malls, as well as a Bloomingdale’s store off-mall, the CEO said. It is also still looking to grow its off-price business through Macy’s Backstage.” Read more


At Home Group Q2 comp sales +42.3% “Gross profit increased 95.3% to $196.1 million from $100.4 million in the second quarter of fiscal 2020.” Press release


Target revs up its grocery game with hundreds of new products, including gourmet pastas and coffees at CNBC. “They are all part of Good & Gather, its private label that debuted a year ago and recently reached $1 billion in sales. With the expansion, the brand will have about 2,000 items. That will make it Target’s largest in-house brand by assortment.” Read more


Shoe Carnival Q2 comp sales +12.6% Press release


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Caleres Q2 net sales down 33.4% Press release


Dollarama Q2 comp sales including temporarily closed stores +2.5% Press release


Amazon/Whole Foods drivers are hanging smartphones in trees in the Chicago suburbs at Crain’s Chicago Business. “The reason for the odd placement…is to take advantage of the handsets’ proximity to the station…to get a split-second jump on competing drivers…fewer people are using ride-hailing services like Uber and Lyft, so more drivers have to deliver online shopping orders to make money…some Whole Foods locations have come to resemble parking lots at Home Depot Inc., where day laborers have long congregated to pick up home repair gigs.” Read more


Fortune’s 40 Under 40 Lists


Amazon is covertly monitoring private social media groups used by Amazon Flex workers to discuss their working conditions at The Verge. “Flex drivers are not official employees but freelance workers who make deliveries from their own vehicles. They’re paid in hourly blocks and Amazon says they make between $18 and $25 a hour, depending on tips and the number of deliveries they make.” Read more


Casey’s launches curbside across all 2,200 locations Press release


IKEA stores owner Ingka accelerates investments to cut emissions at Reuters. “…aims to be climate positive throughout its value chain by 2030. The plan is to spend a third on renewable energy, a third on stakes in innovative start-ups, and a third on making its stores and warehouses more sustainable, Chief Financial Officer Juvencio Maeztu told Reuters.” Read more


Tipsheet Extra

Amazon deletes job listings detailing effort to monitor ‘labor organizing threats’

Target/Starbucks employee fired after making ‘Blue Lives Matter’ drink on TikTok (w/bleach)

Arthur Blank memoir tells of life in business, sports, philanthropy

Supermodel makes surprise appearance at Bellevue Walmart Drive In

Appliance shortages are playing havoc with Labor Day weekend sales

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