Tipsheet: K. Soopers Shooter ID’d | Cohen on Line 2 | Casey’s Acquires
Ten killed in mass shooting at Boulder, Colorado King Soopers grocery store at Reuters. “Moonshadow said she tried to attend to a victim she saw lying on the pavement just outside the store, but her son pulled her away, telling her, ‘We have to go.’” The woman broke down in sobs recounting their ordeal, adding, “I couldn’t help anybody.” Read more
…Boulder supermarket shooter ID’d as 21-year-old man at AP. “The suspect was undergoing treatment at a hospital and was expected to be booked into the county jail later Tuesday, said Boulder County District Attorney Michael Dougherty. Investigators don’t know yet why the suspect opened fire inside the grocery store, Dougherty said.” Read more
U.S. Postal Service Overhaul Calls for Higher Prices, Slower Mail and More Packages at Wall Street Journal. “In tandem with higher prices, the Postal Service will look to change the service standard for first-class mail, allowing it to take up to five days to arrive instead of three…Messrs. DeJoy and Bloom said they were committed to continuing mail delivery at six days a week…” WSJ subs.
Amazon workers go on 24-hour strike in Italy over labor conditions at CNBC. “Trade unions FILT-CGIL, FIT-CISL and Uiltrasporti said it’s the first strike to affect Amazon’s entire logistics operations in Italy. An Amazon spokesperson told CNBC the company and its delivery partners “already offer what these groups are asking for.” Read more
Sales of new homes plunged 18.2% in February at AP News. “Severe winter storms also had an impact on the sale of existing homes, which declined 6.5% in February to a seasonally adjusted annual rate of 6.22 million units.” Read more
From pet food to video games: inside Ryan Cohen’s GameStop obsession at Reuters. “After almost four months of phone calls and emails to GameStop Corp complaining about the slow shipping of an order, New Jersey teacher Steven Titus received a late night call in early March…On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop’s push into e-commerce.” Read more
…GameStop loses second senior exec as shakeup deepens at Reuters. “GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company on March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.” Read more
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Amazon has added 3,700 new sellers a day this year at Business Insider. Read more
Airport Retail Shops Pin Hopes on Bump in Travel at Wall Street Journal. “Dufry operates more than 2,300 shops in airports, cruise liners and other tourist destinations around the world. It owns the Hudson Group, which runs the eponymous convenience shops in U.S. airports and temporarily closed more than 700 of its more than 1,000 stores during the pandemic. As of early March, it has reopened 635 of them.” WSJ subs.
Purplle, an e-commerce platform for beauty products in India, has raised $45 million in a new financing round at TechCrunch. Read more
DoorDash will let you order at-home COVID-19 testing kits delivered to your door at The Verge. “The initiative is part of DoorDash’s DashMart convenience store platform, a new type of virtual marketplace the company launched last summer as the pandemic was in full swing.” Read more
Casey’s General Stores to acquire 49 stores throughout Oklahoma from Circle K Stores in an all-cash transaction for $39 million Press release
SoftBank-backed delivery start-up goPuff valued at $8.9 billion in new funding round, more than double from five months ago at CNBC. “GoPuff, based in Philadelphia, was launched in 2013 by two college students at Drexel University. The company aims to take on traditional convenience stores by offering a range of household essentials like over-the-counter medicines and cleaning supplies to snack foods and alcohol.” Read more
SpartanNash Chairman Dennis Eidson Announces Retirement Press release
Sally Beauty Holdings Appoints Kim McIntosh as Group Vice President, Controller and Chief Accounting Officer Press release
Amazon threatened warehouse workers organizing amid COVID-19 pandemic, says US labor board complaint at The Verge. “The NLRB investigation found that warehouse managers may have violated US labor law on four accounts, Motherboard reports. During the pandemic, they allegedly instructed employees not to organize without first notifying them, interrogated workers about the walkout, and threatened to discipline those who spoke to colleagues about the protests.” Read more
Tipsheet Extra
Throwback picture of Elon Musk and Jeff Bezos’s meeting goes viral
Hudson’s Bay creates Canadian challenge to Amazon, Walmart, eBay
IKEA’s iconic catalog goes digital complete with an audio version
Reckitt Benckiser tidies name, rebrands as simply Reckitt
Toys R Us plans new stores
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