Tipsheet: BJ’s CEO Dies | Prime Day Mid-June? | Inside Dick’s House of Sport
McDonald’s will close hundreds of locations in Walmart stores at CNBC. “…as customers increasingly shop online and opt for the drive-thru window. The big-box retailer confirmed Friday that the fast-food chain will have some 150 locations that remain across its 3,570 SuperCenters. That has gradually fallen over the years from a peak of about 1,000 locations.” Read more
BJ’s Wholesale Club CEO Lee Delaney dies unexpectedly at Fox Business. “BJ’s Wholesale Club chief executive Lee Delaney has died, the company announced on Friday…BJ’s executive vice president and chief financial officer, Bob Eddy, has been named interim CEO, effective immediately.” Read more
It looks like Amazon is changing the dates for Prime Day again at Recode. “Multiple internal and external sources told Recode that Amazon is currently targeting June to hold the 2021 Prime Day event. If Amazon moves ahead with this plan, the Prime Day multi-day sales event will most likely happen in the middle to latter part of the month, multiple sources said…Multiple sources said Amazon has also considered adding another shopping event around the fall, even with the return of Prime Day to summertime.” Read more
Wholesale prices up 1% in March, energy leads the way again at AP News. Read more
A peak inside Dick’s Sporting Goods’ biggest store it’s ever built, called House of Sport at CNBC. “The more than 100,000-square-foot space is at the Eastview Mall in the Rochester suburb of Victor, New York. It includes an indoor rock climbing wall, golf driving bays, a putting green and a health-and-wellness shop, as well as an outdoor track and a turf field…Dick’s is already planning to open its second House of Sport this year in Knoxville, Tennessee.” Read more/Pics
The Buckle March net sales +240.2% Press release
**Find the future of the candy and snacks industries at the Sweets & Snacks Expo’s Innovation Avenue! Innovation Avenue delivers the leading brands of tomorrow for retailers truly looking for something cutting-edge to wow their shoppers. Indianapolis, June 23-25 2021. Most innovative new products 2019 & 2018 | Register now
Amazon on verge of thwarting union vote in Alabama at GeekWire. “With 1,100 workers choosing against representation by the Retail, Wholesale Department Store Union compared to 463 in favor of unionization, the attempt to hand Amazon its first unionized group of workers appears to be falling well short of success. Approximately 1,630 votes remain to be counted Friday by the National Labor Relations Board which is overseeing the vote.” Read more
Floor & Decor appoints William Giles, former CFO & EVP AutoZone t,o Floor & Decor’s Board of Directors Press release
Amazon to open its first grocery stores on the East Coast at CNBC. “The company plans to open two grocery stores in the Washington, D.C., area…Two other grocery stores are planned for the Philadelphia suburb of Warrington, Pennsylvania, and for Chevy Chase, Maryland, Amazon confirmed Thursday.” Read more
Walmart, Aldi, Kroger and Amazon named top retailers for value: dunnhumby study “Thirty-three percent of respondents mentioned Walmart first when asked which stores provide the best value, followed by Kroger and Aldi both tied at 10%, and then by Amazon at 6%.” Press release
Tipsheet Extra
Walmart trademark filing offers new details on its fintech startup
Consumers now average 4.2 hours per day on apps on their smartphones, up 30%
Tucker Carlson says Ark. Gov. did ‘exactly’ what Walmart scion ‘wanted him to do’
Biden’s green goals face a power grid reckoning
Facebook will use part of its headquarters as a public vaccination site
**
Eye on Retail Tipsheet is must-read material for retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.
Subscribe to Eye on Retail Tipsheet here
Contact us: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net
Website: eyeonretail.net