Tipsheet: H.Depot Retakes Radio | Wgreen “Cooper” Stores | Ellison Iview Today
Walgreens says new small-format store personalizes care, could help in ‘pharmacy deserts’ at CNBC. “It has opened more than 30 small-format pharmacies as part of a pilot, and it may open additional ones depending on how the stores perform. Inside of the company, the project was dubbed “Cooper” — a reference to the Mini Cooper, a small BMW car with a cult following.” Read more
Macy’s reports $3.58 billion quarterly loss as COVID-19 hits business at Reuters. Read more
Instacart sues Seattle over law requiring premium pay to drivers during the pandemic at GeekWire. “The legislation prohibits grocery delivery companies from passing on premium pay costs to customers. It also forbids the platforms from reducing worker compensation or service areas within the city.” Read more
Newsweek: America’s Best Customer Service 2020 – Publix #9 Top ten
Mall owner CBL says in forbearance over skipped interest payment at CNBC. “The Chattanooga, Tennessee-based real estate company, which owns 108 properties primarily in the Southeast, has been working with advisors Weil, Gotshal & Manges and Moelis & Co. to explore alternatives, which could entail a reorganization of the company.” Read more
FedEx says coronavirus shopping helped offset commercial slowdown at Fox Business. “FedEx said its 20 percent bump in revenue for its ground unit was the result of an increase in online shopping…FedEx’s core express delivery fell 10 percent…” Read more
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Hear from Lowe’s Marvin Ellison today at 11 a.m. ET during NRF Retail Leadership Series Read more
Home Depot back at #1 in radio spots (Lowe’s #4, eBay #9) at Radio Ink. Read more
Walmart hires 265,000 veterans, promotes more than 44,000 to higher-paying roles at Fox News. “We’re forever grateful to our veterans for their service, and it’s an honor to offer them opportunities at Walmart,” said Walmart President and CEO Doug McMillon in a statement.” Read more
Amazon marks Pride and Stonewall anniversary with colorful lighting of Spheres in Seattle at GeekWire. Read more
General Mills beats estimates on virus-led stockpiling at Reuters. “Sales at its North America retail segment, which accounts for more than half of the company’s sales, increased 36%, after having fallen in seven of the last eight quarters.” Read more
The COVID-19 pandemic has made it harder for banks to trace the source of payment card data stolen from smaller, hacked online merchants at Krebs on Security. “Gemini Advisory has seen over 50 percent decrease in demand for compromised card present data since the mandated COVID-19 quarantines in the United States as well as the majority of the world,” he told KrebsOnSecurity.” Read more
Remember Brandless, the Amazon alternative that crashed and burned? It’s back! at Fast Company. Read more
Tipsheet Extra
South Koreans hail the return of Kellogg’s green onion-flavored cereal
Albertsons Ends Social Media Advertisements
50% of in-store supermarket shoppers in the past 30 days also ordered groceries online
Man shot, killed at Amazon fulfillment center in Florida; 2 others shot
Mercedes-Benz to end luxury subscription service
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