Tipsheet: Sam’s CEO Iview | Wawa #900 | T.J.Maxx No Ecom Required
Patagonia joins growing list of companies boycotting Facebook ads at CNBC. “Patagonia has joined companies like REI and The North Face, saying it plans to pause advertising on Facebook and Instagram to show support for a movement called ”#StopHateForProfit.” Read more
Coronavirus Changed Everything. Except T.J. Maxx. at Wall Street Journal. “For a lot of companies, e-commerce is a blessing and a curse,” said Janine Stichter, Jefferies Financial Group analyst…“My advice is if you don’t need a big online presence, don’t do it. TJX is one of the few companies that doesn’t need it.” WSJ subs.
Seattle police investigating second shooting inside protest zone at AP. Read more
Sam’s Club CEO McLay talks about leadership, moving from Woolworths to Walmart at Talk Business. “Sam’s Club CEO Kathryn McLay said too often women executives don’t understand their value. In the June 18 interview with Doug Waller, chief revenue officer of InContext Solutions, McLay shared insights about her career as a woman leading a more than $58 billion business…” Read more
Sobeys Reports ‘Proudest Quarter’ in History at Progressive Grocer. “Empire, parent company of Sobeys Inc., saw same-store sales, excluding fuel, increase 18% in its fourth quarter, ended May 2.” Read more
**A message from SPS Commerce. Are you struggling with getting accurate, complete and timely item data from your vendors? SPS Commerce can help you painlessly collect the item data you need to plan, buy and sell products! Check out this video to learn how SPS can help.
Amazon is ending support for its Dash Wand, an Alexa-enabled device that let shoppers scan grocery barcodes and order household essentials from their homes at The Verge. Read more
Apple today confirmed earlier rumors that it plans to shut down re-opened stores in four states at TechCrunch. “Impacted locations include six stores in Arizona, two in Florida, another two in North Carolina and one in South Carolina.” Read more
Wawa opens its 900th c-store at Convenience Store News. Read more
Walmart’s self-driving partner is changing e-commerce economics at Automotive News. “Why focus on middle-mile? It’s easier. We operate between fixed locations. We over-optimize the technology to focus on these routes. Some of the edge cases are reduced because we know the routes so intimately; we know the drive patterns. Because of all this, the go-to-market time is faster.” Q&A
Bed Bath & Beyond adds $850 million credit facility, expects nearly all stores to reopen by July at MarketWatch. Read more
So long, salad bar: Grocers get creative, consider robots to revive prepared food amid pandemic at CNBC. “At Publix, salad bars and hot bars have reopened, but employees dish out each item. Wegmans moved hummus, olives and more behind a counter where cheese shop employees fill orders. And at Texas-based H-E-B, some coolers carry prepared meals from local restaurants and a former food bar became an ice chest of beers.” Read more
Krispy Kreme introduces new Doughnut Bites and Mini Crullers in Walmart locations nationwide Press release
Johnson & Johnson pulls skin-whitening products at Fox News. “Conversations over the past few weeks highlighted that some product names or claims on our dark spot reducer products represent fairness or white as better than your own unique skin tone,” Johnson & Johnson said in a statement.” Read more
Tipsheet Extra
Amazon slammed for offering workers chicken and waffles on Juneteenth
These 9 hand sanitizers for sale could be poisonous — do not buy, FDA warns
Garden salad mix may be linked to Cyclospora outbreak in 6 states
Nextdoor eliminates its Forward to Police program
Hollywood Reporter TV critics pick the 10 best shows of 2020 so far
**
Eye on Retail Tipsheet is must-read material for retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.
Subscribe to Eye on Retail Tipsheet here
Contact us: Put your product or service in front of the most powerful retail execs in the world, send advertising inquiries to info@eyeonretail.net
Website: eyeonretail.net