Tipsheet: Amazon Go For Sale | Costco Cuts Samples | Boston Pot Shop #1
Amazon to start selling cashierless Go system to other retailers at AP. “The world’s biggest web retailer said it has “several” signed deals with customers it would not name. A new website Monday will invite others to inquire about the service, dubbed Just Walk Out technology by Amazon.” Read more
Costco is pulling free samples over COVID-19 by Kelly Tyko & Jessica Guynn at USA Today. “It was not immediately known if Costco has pulled samples from all stores in the U.S. or only in select areas or when the suspension would end.” Read more
Consumer Brands Association wrote a letter to Attorney General William Barr on Monday urging him to take action on sellers taking advantage of the coronavirus outbreak at CNBC. Read more
Amazon won’t dock warehouse workers for missing shifts during coronavirus crisis at CNBC. “The company informed employees Sunday that it will not count any unpaid time (UPT) off should they need to take it during the month of March.” Read more
Japan’s economy shrinks 7% in last quarter, risks recession at AP. Read more
Tesco agrees $10.6bn sale of Thai and Malaysian operations at Financial Times. “The UK’s largest supermarket chain on Monday announced the proposed deal, which is Asia’s largest corporate acquisition in the year to date and the biggest in Thailand’s history.” Read more
Ace Hardware cancels convention at McCormick Place amid coronavirus concerns at WGN. “The trade show was scheduled (to start) March 11 and run through March 14.” Read more
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Modell’s prepping for bankruptcy filing by Lisa Fickenscher at NY Post. “In an interview last month, Modell had blamed his company’s woes on “lousy” local sports teams that have depressed jersey sales, as well as a shorter holiday selling season and the warm winter, which hit jacket, boot and glove sales.” Read more
Walmart plans to bolster private fleet with push to hire 500 new truck drivers at Yahoo Finance. “To lure drivers, Walmart is touting a generous average salary of $87,500 per year for a newcomer, well above the median salary of $53,000 of a truck driver working a national, irregular route makes in a year…” Read more
Albertsons files for initial public offering at MarketWatch. Read more
Amazon Reduces Seller Fees for Fashion in UK, Europe at eCommerceBytes. “The referral fee has changed from a flat 15% in UK, Germany, France, Italy, Spain and the Netherlands, to 15% on the portion of the price up to €45/£40, and 7% on the portion of the sales price over €45/£40.” Read more
eBay bans face mask and hand sanitizer listings to halt coronavirus price gouging at The Verge. Read more
Amazon is secretly working on a cure for the common cold at CNBC. “…top secret effort called “Project Gesundheit,” according to three people familiar with the effort. The company has more than 100 working out of Grand Challenge, a research and development group that sits under its cloud division, AWS.” Read more
Tipsheet Extra
People fighting over ‘rotten’ food on coronavirus-stricken cruise: passenger
Boston braces for large crowds as 1st pot shop opens
Postmates says it will start ‘non-contact’ meal deliveries
U.S. Govt. Makes it Harder to Get .Gov Domains
Hy-Vee to Close Online Fulfillment Centers
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