Tipsheet: Amazon @ Garage & Kohl’s | H.Dep #1 Radio | Wing FAA Approval
Kohl’s is going to accept Amazon returns in all of its stores across the country, starting in July at CNBC. “…it will be accepting Amazon returns at all of its stores — more than 1,150 — across the country. This option is available at just 100 Kohl’s stores today.” Read more
Google Spinoff’s Drone Delivery Business Gets FAA Approval by Alan Levin at Bloomberg. “Wing, now has the same certifications that smaller airlines receive from the U.S. Federal Aviation Administration and the Department of Transportation. It plans to begin routine deliveries of small consumer items in two rural communities in Virginia within months, the company said.” Tiered subs.
Amazon strengthens ties with French food retailer Casino at Reuters. “…will see Amazon lockers installed in 1,000 locations across France in nine of Casino’s brands, including Monoprix, Monop, Geant, Hyper Casino, Casino Supermarche, Leaderprice, Viva and Spar by the end of the year.” Read more
JCPenney explains why it dropped Apple Pay by Sarah Perez at TechCrunch. “The retailer now claims the move was necessitated by the April 13, 2019 deadline in the U.S. for supporting EMV contactless chip functionality…JCPenney was not ready to comply, it seems, so it switched off all contactless payment options as a result.” Read more
Grainger Q1 net sales +1.0% Press release
Amazon can leave packages in your garage now by Jared Newman at Fast Company. “If you have a MyQ garage door opener or control hub from LiftMaster or Chamberlain, you can link it through the Amazon Key app for iOS or Android, then choose “in-garage delivery” when placing an order on Amazon.” Read more
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Bed Bath & Beyond’s board overhaul fails to please hedge funds by Carleton English at NY Post. “…hedge funds, which together control 5% of the company’s stock, quickly pooh-poohed the company’s slate…“We will therefore continue to move forward with our campaign to install fresh, experienced and independent oversight and management at the company.” Read more
Starbucks is installing needle-disposal boxes in at least 25 US markets by Kate Taylor at Business Insider. Read more
Teen’s $1B suit claims Apple’s facial recognition software led to false arrest via Fox News. “Ousmane Bah, 18, claims someone used a stolen ID to pass themselves off as him when they were busted stealing $1,200 worth of merchandise from an Apple store in Boston on May 31, 2018, according to papers filed in Manhattan federal court.” Read more
A Dominant Week for Home Depot at Radio by Adam Jacobson at Radio Ink. “The Home Depot…dominates again thanks to 83,638 spins on the stations tracked by Media Monitors…” Top 10 list
These drive-thru convenience stores are made out of recycled shipping containers at CNN Business. “Over the next seven years, he hopes to have as many as 600 new Farm Stores under development. More than half of those are already underway in New York, New Jersey and Connecticut.” Read more
Apple reportedly spending $30 million a month on Amazon Web Services by Tom Krazit at GeekWire. Read more
How the Kleiner Perkins Empire Fell by Polina Marinova at Fortune. “Twenty years ago, Kleiner was at the pinnacle of venture capital. These days it’s just one of many firms trying to compete.” – Ilya Strebulaev, Stanford finance professor.” Read more
Starbucks’ China challenger Luckin to raise up to $800 million in U.S. IPO: sources at Reuters. Read more
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