Alibaba, JD set new records to rack up record $115 billion of sales on Singles Day at CNBC. “Alibaba said its total gross merchandise value over the 11-day period totaled 498.2 billion yuan…nearly double last year’s 268.4 billion yuan…JD.com’s transaction volume over the same period totaling 271.5 billion yuan ($40.97 billion), more than the 204.4 billion yuan it recorded in 2019.” Read more
Walmart Launches New Pet Care Services “…will also include new pet sitting and dog walking services through Rover…Walmart customers will receive a $20 Walmart gift card for their first completed service and another $20 Walmart gift card if they complete their fifth services within six months.” Press release
Target is re-opening its looted Minneapolis store at Business Insider. “Company executives met with Black residents and employees to take suggestions on how to improve the store to meet their needs, Bloomberg reported. Updates stemming from these conversations include adding more spice varieties and bringing the pharmacy to the front of the store to aid elderly customers.” Read more
SpartanNash Q3 retail comp store sales +10.6% Press release
Whole Foods CEO John Mackey: How to ‘devastate employee morale’ in a single blow at CNBC. “Because I am the founder, the CEO, I have a larger-than-life impact on the team members. They want ‘daddy’ to really love the store, and they don’t want criticism,” Mackey says. “I know this. So, what I do is I give nothing but praise when I’m in the store. And if I see some problems, I might tell the store team leader, kind of one on one. But I try to not offer criticisms when I’m there, because they’re just too powerful.” Read more
Caleres names Michael Edwards President of Famous Footwear Press release
CIO of Walgreens Boots Alliance Shares Lessons from CMO Partnership at CIO. “Both executives are fairly new to the company, and they joined roughly around the same time. They were less tied to legacy, and more focused on the future as a result. There would be no territorial turf wars between the marketing and IT organizations.” 5:20 video
Amazon sues two influencers for peddling counterfeit goods on Instagram and TikTok at CNBC. Read more
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Elizabeth Warren calls out CEOs for ‘weak and meaningless’ climate commitments at CNN. “In Warren’s letter to Walmart CEO Doug McMillon, who chairs the Business Roundtable, the Senator urged the group to provide detailed information to her office by November 23 about “concrete actions to require corporations to meet these demands,” including specific policies that the CEOs will commit to supporting.” Read more
Pfizer coronavirus vaccine expected to protect patients for a year: BioNTech founder at Fox Business. Read more
Jay Leno Recreates Sam Walton’s 1979 Ford Pickup Truck With New F-150 at The Drive. “It wears an inspired two-tone paint job with white sandwiched between Ruby Red, a modern Ford color that’s a bit darker than the ’79. It also wears off-white wheels with understated chrome hubcaps to match the original, and shod in Bridgestone tires with white lettering on the side. Sam’s had General Grabbers, but hey, you do what you can with what you have.” Read more/Pics/Video
Carlyle invests $250 million in U.S. e-commerce firm Pharmapacks at Reuters. Read more
An Amazon driver got his truck stuck in a golf cart tunnel at Detroit Free Press/USA Today. “Golf carts were rerouted around the crash, but golfers still stopped to take their phones out to snap a photo, Offer said. Luckily, a nearby wedding paid no notice to the commotion.” Read more/Pics
SATIRE ALERT – Jeff Bezos Wears Disguise To Secretly Assess Whole Foods Employees at The Onion. “Painting green stripes across his face and crouching down at the bottom of a wooden produce crate, Jeff Bezos reportedly disguised himself as a medium-sized watermelon Wednesday in order to secretly assess Whole Foods employees…nestled covertly in a pile of watermelons, opening his eyes briefly and scowling on several occasions before mumbling the words “too slow” and “breach of dress code” into a recording device.” Read more/Pic
Tipsheet Extra
Black market for negative COVID-19 tests pops up across the globe
New device puts music in your head — no headphones required
Microsoft: ‘please do not blow vape smoke into your Xbox Series X’
Ticketmaster exploring negative COVID-19 test or vaccination to attend concerts
Vista Outdoors reports “over a year’s worth” of backlogged ammunition orders
**
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