Amazon loses effort to halt Alabama union drive, voting begins next week at CNBC. “On Friday, the NLRB denied Amazon’s appeal, saying it raised “no substantial issues warranting review.” “The Employer’s Motion to Stay the Election Pending Review is also denied as moot,” according to a filing.” Read more
LVMH tells Tiffany employees to return to office in March at Wall Street Journal via Reuters. “A month after acquiring Tiffany & Co, French luxury goods giant LVMH told employees at the U.S. jeweller to return to the office two days a week beginning March 1, the Wall Street Journal reported on Friday.” Read more | WSJ subs.
US employers add just 49K jobs as unemployment falls to 6.3% at AP. “The anemic jobs data could give further political impetus to Biden’s (stimulus) package. Early Friday, the Senate approved a budget measure that would let Democrats muscle Biden’s $1.9 trillion plan through the chamber without Republican support.” Read more
Ingles Markets Q1 net sales +10.4% Press release
Family Dollar taps Instacart to make same-day deliveries at CNBC. “The company will deliver online purchases to customers’ homes from the dollar store chain’s over 6,000 locations in as quick as an hour.” Read more
Walgreens’ ex-CMO lands at Silicon Valley startup Good Eggs “Good Eggs has appointed Vineet Mehra as the company’s Chief Growth and Customer Experience Officer.” Press release
The Buckle January 2021 comp sales +35.3% Press release
Some baby foods tainted with ‘dangerous levels of toxic heavy metals’, congressional report finds at Fox Business. “The subcommittee noted that Nurture, Beech-Nut, Gerber and Hain all cooperated with the investigation…Meanwhile, investigators claimed Walmart, Sprout Organic Foods and Campbell refused to cooperate.” Read more
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Shoe Carnival announces prelim Q4 results: comp sales up 6.4% Press release
Sally Beauty Holdings Q1 comp sales down 3.7% Press release
Walmart lawsuit against U.S. over opioids is dismissed at Reuters. “A federal judge has dismissed Walmart Inc’s lawsuit seeking to preemptively block the U.S. government from blaming the world’s largest retailer for its alleged role in fueling the nation’s opioid crisis…Walmart said on Friday it will appeal the decision.” Read more
Tapestry CEO says heart-shaped Kate Spade bag sold out after going viral on TikTok at CNBC. Read more
Amazon adding AI-equipped cameras to delivery vans to monitor safety, sparking privacy concerns at GeekWire. Read more
Pinterest beats estimates on ad spending recovery, strong user growth at Fox Business. “Total revenue soared 76% to $706 million, beating analysts’ estimates of $645.6 million, according to Refinitiv IBES data.” Read more
PayPal is shutting down its domestic payments business in India at TechCrunch. Read more
Bass Pro Shops and Cabela’s unveil its first-ever Super Bowl commercial “Messaging reminds viewers that, “the great outdoors are wide open,” and “to get back to nature” and “connect with the ones we love the most.” Spot/Press release
Tipsheet Extra
Amazon delivers hope and concern to small California town
9 months on, Italian births fall 22 percent
Selling your wedding date: How some couples are trying to recoup thousands of dollars
China’s latest weapon against Taiwan: the sand dredger
Biden moving forward with additional food assistance ahead of stimulus
**
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