Tipsheet: Lawton @ Mad Money | WM BTW 6/30 | Bitcoin @ Camping World | WM Blasts Kanye


Tractor Supply CEO @ “Mad Money” at CNBC. “Many millennials are leaving dense urban centers to settle in more rural communities, and the relocation trend has been a boon for Tractor Supply, CEO Hal Lawton told CNBC Monday. “We’ve been gaining market share with our core customer, but also with the new customer: the millennial customer,” Lawton said in a one-on-one with Jim Cramer on “Mad Money.” “We’re really seeing a revitalization of rural led by millennials.” Video/Read more


Camping World will accept Bitcoin at Fox Business. “The recreational vehicle dealer announced the offering in a new partnership with BitPay, a cryptocurrency payment service provider, in which it will also accept Ethereum (ETH) and a few other cryptocurrencies as forms of payment for RV purchases.” Read more


Amazon expands service that delivers groceries inside your garage at GeekWire. “Amazon is expanding its Key In-Garage Grocery Delivery service to more than 5,000 U.S. cities and towns. It launched in November in five cities.” Read more


Albertsons Companies Q4 identical sales growth up 11.8% Press release


Walmart provides update on workforce, officer diversity at Talk Business. “The retail giant provided a look into its workforce hiring and promoting practices over the past year in the annual Better Together report filed Monday (April 26)…it hired more than 480,000 new U.S. employees last year and people of color represented 55% of those new hires.” Read more


British grocery sales get shot in the arm from vaccinated over-65s at Reuters. “Kantar said the four week period was the busiest in store for grocers in more than a year, and the number of trips made in April increased by 4% compared to March. “With much of the over-65 community now vaccinated, older shoppers accounted for nearly half of the increased footfall,” said Fraser McKevitt, head of retail and consumer insight at Kantar.” Read more


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Walmart blasts Kanye West’s new logo as a ‘lookalike’ at NY Post. “The design, which West’s company said may be used in conjunction with sneakers, underwear, T-shirts, furniture, modular homes and even hotel services, consists of eight lines made up of three dots each that emerge from a circle to form “rays,” according to legal papers.” Pics/Read more


Volume continues to surge at UPS to start the year at AP. “A surge in the volume of deliveries that arrived with the start of the pandemic has not eased at UPS, where consolidated average daily volume jumped 14.3% in the first quarter.” Read more


Walmart’s Fight Against a $15 Minimum Wage Could Thrust It Into the Inequality Debate at Bloomberg. “Doug McMillon, who began work at Walmart as an hourly associate, said raising wages to a blanket $15 minimum would compromise a “ladder of opportunity” that encourages its employees to strive to earn more as they climb the ranks. “The alternative would be to invest all of that to try and get to $15 faster, but if we do that, then we wouldn’t be able to create this succession that we are committed to creating.” Read more


Camping World acquires online campground reservation system Press release


Foot traffic at a representative sample of 50 malls in March was up 86% from same month last year at Fox Business. “While that foot traffic was 24% lower than in March 2019, mall owners are suggesting that their business has turned a corner.” Read more


Walmart is planning for up to 50% of its corporate employees to return to their offices by July at Talk Business. Read more


How Hubert Joly Changed Best Buy Without Everyone Hating Him at Wall Street Journal. “A company fighting with its founder seemed crazy to me. I greatly admired what (founder) Dick had accomplished and said so to our employees. I wanted to build a positive relationship with him. A month after my stint in St. Cloud, I headed to Dick’s foundation office a few minutes from Best Buy’s headquarters. I entered Dick’s office, wearing a suit and tie, and handed him my résumé. “Under normal circumstances, you would have interviewed me,” I explained. “So I wanted to introduce myself properly.” Dick later told me that my gesture had touched him.” WSJ subs.


Amazon Launches IP Accelerator in Canada to Help Small Businesses Secure a Trademark and Protect Their Brands Press release


Tipsheet Extra

Nestlé doesn’t have valid rights to water it’s been bottling, California officials say

ADT sues Ring over ‘virtually indistinguishable’ blue octagon design

Jessica Alba’s Honest Co targets $1.5 bln valuation in U.S. IPO

SpartanNash names Communications VP

Workers 4-5 times less safe outside their workplace than inside it: report

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