Tipsheet: Lowe’s Bows to Activist | Costco Snubs Boxed? | Last Straw | Blake Supports


Lowe’s names two directors after talks with activist investor at Reuters. “Lowe’s said on Friday it added two board members, a week after reports that hedge fund D.E. Shaw & Co had built an active stake in the home improvement chain, sending its shares up 2 percent. David Batchelder, co-founder of Relational Investors, and Lisa Wardell, CEO of Adtalem Global Education, were named to the board after “constructive discussions” with D.E. Shaw, the company said.” Read more


U.K. Retailers See Black Friday Hangover as Sales Slump at Bloomberg. “Fourth quarter sales gained just 0.4 percent, half the pace seen in the previous three months.” Read more


COSTCO SNUBS BOXED? – The one company, according to sources, that Boxed had hoped would make an offer, Costco, is not in the mixGeneral Mills and Bed Bath & Beyond are weighing investments in by Lisa Fickenscher at NY Post. Read more


Former Home Depot Chairman & other Atlanta execs chill out at Chick-fil-a to support Westside revitalization by Maria Saporta at Atlanta Business Chronicle. 14 pics/Read more Reveals Top Sellers by State Map


Unilever backs out of buying Halo Top ice cream by Josh Kosman at NY Post. “These guys outsource manufacturing,” the source said. “You are buying the brand and the intellectual property.” A Halo Top spokeswoman said that the Unilever story “sounds like Wall Street gossip or a PR strategy for Unilever’s recent launch of a Halo Top knock-off.” Read more


Amazon reveals top 20 city candidates for its second HQ at TechCrunch. List


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UnitedHealth Group and Walgreens expand collaboration to Las Vegas by Christopher Snowbeck at Star Tribune. “The new MedExpress clinics will be co-located with Walgreens stores in Las Vegas, the company announced Thursday. MedExpress and Walgreens already have co-located businesses in 11 locations.” Read more (subs.)


Millennials are snubbing diamonds – Diamond prices may fall as much as 10% in 2018, Tribeca says by Bei Hu at Bloomberg. Read more


Panera asks FDA to define an ‘egg’ in a swipe at competitors’ breakfast sandwiches at CNBC. “Burnett said a number of competitors — such as Burger King, Taco Belland Dunkin — sell egg patties that contain more than five ingredients…It took the team at Panera about 18 months to perfect a cooking technique that created a delicious egg and could be replicated by cooks at all of its restaurants.” Read more


Coca-Cola wants to collect and recycle 100% of its bottles, cans by 2030 at CNBC. Read more


Gun Thefts in the U.S. Are Skyrocketing and Investigators Have No Idea Why at Fortune. “In 2013, 3,355 firearms were taken in burglaries, compared with 7,841 in 2017, with a steady increase each year.” Read more


LAST STRAW – Restaurants in California would be prohibited from automatically handing out straws to customers under bill introduced by Billy Kobin at Sacramento Bee. Read more


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Someone is attacking Google and Apple’s shuttle buses

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Eagles Settle Lawsuit Over Hotel California Name

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