Tipsheet: Inside Target’s Test Store | Pork Cartel? | WM India Protests

 

Walmart may face backlash in India; massive protests planned on July 2 by Karan Choudhury at New Dehli. “As many as 1,000 simultaneous protests are planned in which more than 700,000 people are likely to take part, CAIT said…“We demand that the government reject the deal and frame an e-commerce policy and a Regulatory Authority for e-commerce.”” Read more

 

Visa, Mastercard said to be near swipe-fee settlement via NY Post. “Under the settlement, Visa, Mastercard and a number of banks that issue debit and credit cards including JPMorgan Chase, Citigroup and Bank of America would pay the merchants around $6.5 billion, the report said, citing some of the people.” Read more | WSJ article (Subs.)

 

BJ’s Wholesale CEO Chris Baldwin speaks to CNBC about the company’s IPO 6:11 video

 

Exclusive: Inside Target’s top secret test store by Mark Wilson at Fast Company. “This Target is a full-sized store, but because it’s squeezed into the geometric limitations of a city block, its sections have been Tetrised together…“We’re working towards a new men’s grooming pilot,” says De Salvatore as we pass. “That goes live pretty soon.” Read more

 

Kroger establishes digital HQ in Downtown Cincy to house 1,000 jobs by Alexander Coolidge at Cincinnati Enquirer. Read more

 

U.S. fines CVS $1.5 million for failing to report opioid theft in New York at Reuters. Read more

 

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Kroger builds new store across from HQ by Steve Watkins at Cincinnati Business Courier. “McMullen: “I’m sure the store director there may get more help than he or she wants.”…It’ll feature a bar and food hall on the second floor. “That will be something new for us,” McMullen said of the food hall.” Read more

 

Inside The Container Store’s next-generation flagship by Faith Isbell at Dallas Business Journal. 12 pics / Read more

 

Rite Aid plays Barry Manilow songs over and over again outside their stores to deter loiterers…but it’s angering the locals by Kathleen A. Hughes at Wall Street Journal. “Lisa Masters…says she had been worried about noise from the local bar scene. Instead, she heard Barry Manilow—at all hours, and at top volume. She couldn’t enjoy her patio or open her window without hearing “…oh Mandy…” Read more (Subs.)

 

Field Agent: One Year Later: Lidl Shoppers Share Likes, Dislikes “To the full sample of 268 Lidl shoppers, Field Agent posed the question, “What 3 words would you use to describe Lidl?” Clean (74 mentions), Affordable (42), Convenient (33).” Read more/Video

 

Walgreens, CVS and Rite-Aid lose $11 billion in value after Amazon buys online pharmacy PillPack at CNBC. Read more

 

…FDA chief on Amazon’s health-care move: ‘Disruptive competition is a good thing’ at CNBC. Read more

 

PORK CARTEL? – A New Lawsuit Says Big Pork Producers Are Colluding to Raise Prices by Natasha Bach at Fortune. “According to the suit, since at least 2009, these pork producers have shared confidential information about their companies with competitors through a market monitor called Agri Stats. The exchange of information, the suit claims, was used to allow the companies to monitor each other’s production and thereby control supply and price.” Read more

 

Retailers Say Customer Service Will Suffer under ‘Deeply Flawed’ California Privacy Law “The law prohibits retailers from treating customers who opt out of data sharing any differently from those who do not, a provision that could put an end to retail loyalty programs that offer discounts to members.” Press release

 

H&M will be discounting clothes all summer by Lisa Fickenscher at NY Post. “We went into the second quarter carrying too much stock,” said Chief Executive Karl-Johan Persson in a statement on Thursday about the company’s most recent financial performance.” Read more

 

LuLaRoe And The Evel Knievel Family Announce Licensing Partnership Press release

 

The Recycling Game Is Rigged Against You by Faye Flam at Bloomberg. “In a paper published last week in Science Advances, she and her colleagues calculated that between now and 2030, 111 million metric tons of potentially recyclable plastic will be diverted from Chinese plants into landfills.” Read more

 

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