Tipsheet: Kohl’s Agrees w/Activists | WM Compliance Chief Out | Bed Bath +4%
Kohl’s says it has reached an agreement with activists, plans to bring new members to board at CNBC. “Margaret Jenkins and Thomas Kingsbury, will join Kohl’s board…Jenkins was previously chief marketing officer of the restaurant chains Denny’s and El Pollo Loco, and Kingsbury previously served as the CEO of Burlington Stores…will also at the same time be adding an additional independent director, Christine Day. Day served as CEO of the athletic apparel chain Lululemon from 2008 to 2013.” Read more
Grocery workers died feeding the nation. Now, their families are left to pick up the pieces. at NBC News. “Many of these cases are going to be challenging even if the employer was screwing up and didn’t have the right procedures,” Levin said. “But how do we know how you got Covid? How do we know you didn’t get it at home or at a party? Where the infection came from — that is a factual legal challenge.” Read more
How the pandemic helped Walmart battle Amazon Marketplace for sellers at Reuters. “A year or two ago, every brand on Walmart.com would be trustworthy but now it’s getting very similar to Amazon and that’s a huge risk,” said Cal Chan, who sells supplements and skincare products on both Walmart and Amazon. “Amazon let everyone under the sun in – that helped them grow, but now they’re trying to clean up the riff-raff and it’s very hard to close Pandora’s Box.” Read more
Bed Bath & Beyond Q3 comp sales +4.0% Press release
Walmart Compliance Chief to Depart at Wall Street Journal. “Daniel Trujillo, will depart the Bentonville, Ark., company on Friday, according to an internal memo shared with The Wall Street Journal. Walmart has yet to identify a replacement for Mr. Trujillo, a company spokeswoman said.” WSJ subs.
Dollar General to hire up to 20,000 workers as economy rebounds at Reuters. “But the number was lower than the more than 50,000 workers the company hired around the same time last year, which was nearly double its normal hiring rate, to support a surge in sales at its stores at the height of COVID-19 lockdowns.” Read more
Dollar Tree appoints Ex-Pier 1 CEO Alasdair James EVP, Merchandising and Supply Chain Press release
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Millennials reveal their 105 favorite brands, from Gucci to Amazon at Business Insider. Ranked list
Stitch Fix CEO Katrina Lake steps down as CEO “…will transition to the role of Executive Chairperson of the Board…appointing President, Elizabeth Spaulding, to the role of CEO of Stitch Fix.” Press release
Lowe’s introduces enhanced shopping experience for Pro customers “Free Phone Charging Stations located at the Pro Desk…Convenience Rack with several never-before-sold items such as pain relievers, personal care items such as sun and hand care, and more.” Press release
Ex-Amazon leader Jeff Wilke joins Scale AI as advisor to CEO at GeekWire. Read more
Wayfair Announces Way Day 2021, April 28-29 Press release
Canadian retail magnate W. Galen Weston dies at age 80 at Financial Post. “His contemporaries describe Weston as one of the most formidable and visionary leaders in Canadian business, a man of style and substance who turned Loblaw supermarkets into the biggest player in the country’s food chain.” Read more
Tipsheet Extra
Walmart shoppers can rent lawn mowers and tools at some Charlotte stores
Buying diamonds in lockdown? WhatsApp can be your best friend
SpartanNash Announces New Supply Chain Officer
‘Zoom in a Room’? California’s schools lag in reopening push
Bezos Earth Fund again poaches the leader of a grant recipient
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