Tipsheet: Menear @ CNBC | Jelinek #5 w/Women | WM #9 Patriotic
Amazon’s Prime Day will start July 15 and last 48 hours at The Verge. Read more
H-E-B unveils Austin digital tech hub; plans for 650 workers by Lori Hawkins at Austin American Statesman. Pics/Read more
Home Depot CEO Craig Menear appears on CNBC’s “Squawk on the Street” “Home Depot CEO Craig Menear said the company aims to minimize the impact that potential tariffs will have on prices by cutting costs elsewhere along its supply chain. The company makes 70% of its goods domestically, which also lessens the effect, Menear said in an interview Monday…” Video / Transcript
US new-home sales fell 7.8% in May at AP News. Read more
Consumer Confidence Index tumbled to 121.5 in June, dropping from a downwardly revised reading of 131.3 in May and snapping three consecutive months of improvements. at Yahoo Finance. Read more
Gas station on wheels: Booster Fuels raises $56M to expand high-tech mobile fuel delivery service by Taylor Soper at GeekWire. “Booster has emerged as the market leader. The 4-year-old company delivers millions of gallons per month in 20 cities, using its purple-branded trucks to fill up tanks on corporate campuses. Fortune 500 giants such as eBay, HPE, and Cisco use Booster to provide a fueling perk for employees.” Read more
Carrefour is selling an 80% stake in its China business, including more than 200 stores, to Suning.com Co. at TechCrunch. Read more
7-Eleven begins delivery in public spaces at AP via Yahoo Finance. “…more than 2,000 7-Eleven “hot spots” including New York’s Central Park and Venice Beach in Los Angeles will be activated Monday…7-Eleven believes it will eventually be able to deliver to 200,000 hot spot locations…” Read more
JD.com’s logistics arm raises a $218 million investment fund by Catherine Shu at TechCrunch. Read more
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JetBlue sues Walmart for trademark infringement over Jetblack text-based personal shopping service at Reuters. Read more
Amazon announces the opening of the Amazon Professional Beauty Store by Yun Li at CNBC. “…to offer professional stylists, barbers, and aestheticians beauty supplies typically found in salons and spas. Sally Beauty’s stock plunged nearly 17% and Ulta fell 2.6% following the news on Monday.” Read more
Sam’s Club launches alcohol delivery through Instacart by Sarah Perez at TechCrunch. “…is currently live in 215 stores across 12 U.S. states, with plans to reach other cities and markets in the months ahead.” Read more
Apple doubles down on Seattle with plans to employ 2,000 people in ‘key engineering hub’ by Monica Nickelsburg at GeekWire. Read more
Beyond Meat slides after Whole Foods inks a deal with major competitor The Meatless Farm at Business Insider. Read more
FMI wins Supreme Court ruling on SNAP data disclosure by Russell Redman at Supermarket News. “The case arose in 2011, when a South Dakota newspaper, the Argus Leader, filed a FOIA request with the USDA for the names and addresses of all retail stores participating in SNAP and each store’s annual redemption data for the fiscal years 2005 to 2010.” Read more
Best CEOs in the U.S., according to women (Costco #5, HEB #17, H.Depot #30) by Frances Yu at USA Today. Top 50 list
How a twice-bankrupt entrepreneur turned Poo-Pourri Toilet Spray into a $240 Million fortune by Madeline Berg at Forbes. “….(during) a fateful family dinner in 2006 during which someone stunk up the bathroom; her then-brother-in-law wondered aloud if bathroom odor could be trapped…For nine months, she researched oils and natural ways to fight stink…Finally, her husband walked out of the bathroom one day with good news. “His famous words were, ‘Oh my god, we’re going to be millionaires,’” Batiz recalls.” Read more
Tipsheet Extra Stories
2019’s Most Patriotic American Brands
Strategic downtown Seattle blocks for sale near Amazon HQ
Q&A with H&M’s new diversity chief
Hugh Jackman was fired from his job at 7-Eleven
Even Bill Gates pronounces ‘Bezos’ wrong
How he got 200,000 people to buy ugly fruits and vegetables
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