Tipsheet: Wayfair Walkout | Tesco/Trigo Team | WM +Snap @ Pickup
Wayfair workers plan walkout in protest of company’s bed sales to migrant camps at CNN. “…plan a walkout from company headquarters Wednesday…According to a woman identifying herself as an employee of the company, Wayfair employees learned last week that an order for about $200,000 worth of bedroom furniture was placed by BCFS…” Read more
Mnuchin: ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’ at CNBC. Read more
Walmart now accepts SNAP for online grocery orders at all of the company’s 2,500-plus pickup locations by Sarah Perez at TechCrunch. “Walmart says it’s planning to accept the SNAP payment option at over 3,100 Walmart stores by the end of the year.” Read more
Target announces ‘Deal Days’ to coincide with Amazon Prime Day at MarketWatch. Read more
Buy Low-Tops, Sell High-Tops: A Sneaker Exchange Is Worth $1 Billion by Erin Griffith at NY Times. “StockX is part of a burgeoning group of online marketplaces that have turned resales of sneakers into a kind of currency — and an increasingly big business. Other sites like GOAT Group, Stadium Goods and Bump, which also resell sneakers, streetwear and other goods, have raised more than $200 million in venture capital funding.” Tiered subs.
Paris is banning older cars for today as a heat wave aggravates the city’s pollution at AP News. Read more
Retailers are becoming restaurateurs to boost sales at CNBC. “If you asked me five years ago if we were in the restaurant business, I would say, I don’t know if there was a strategy behind it,” (Barneys CEO Daniella Vitale) said. “In hindsight, we should have moved much more quickly to make sure there were restaurants in all of our stores. … We won’t do a project anymore without a big restaurant component.” Read more
**A message from BK Resources: The ION Antimicrobial Handsink is infused with Silver Ions to inhibit the growth of millions of germs. Product sheet
Who are the best CEOs for minority workers? (Home Depot #9, Costco #10, Amazon #29) by Dalvin Brown at USA Today. Top 50 list
Tesco working on cashierless stores by Yaacov Benmeleh at Bloomberg. “The U.K.’s largest grocery chain is working with Trigo Vision Ltd., which has developed a system of cameras and software that allows retailers to automatically charge customers, according to three people familiar with the matter.” Tiered subs.
Advocates push FTC crackdown on secret consumer scores by Harper Neidig at The Hill. “#REPRESENT, a public interest group run by the Consumer Education Foundation in California, filed a complaint with the Federal Trade Commission (FTC) on Monday asking the agency to investigate what the group is calling “surveillance scoring” of customers’ financial status or creditworthiness.” Read more
Justice Department Investigates Chicken Industry by Jacob Bunge at Wall Street Journal. “Wholesale prices for whole chickens are down about 2% so far this year but are up 17% from mid-2012, when the U.S. Department of Agriculture began estimating national prices.” WSJ subs.
Target Sets Sights on Wide-Width Shoe Customers by Barbara Schneider-Levy at Footwear News. Read more
Target gears up for back-to-school season by Kelly Tyko at USA Today. “Target will have “shops within a shop” in new Back to College sections in more than 700 select stores near college campuses…Three new small-format stores are scheduled to open by the fall. The locations are in East Lansing located near Michigan State University, in Seattle near the University of Washington and in Lexington near University of Kentucky.” Read more
Walmart China Takes on Food Safety with VeChainThor Blockchain Technology Press release
The battle to turn Arkansas’s dry counties wet – with Walmart’s help by Teresa Krug at The Guardian. “In the run-up to the 2012 general election, the Waltons…donated hundreds of thousands of dollars toward getting the necessary signatures for the pro-wet initiative to appear on the ballot. It succeeded, and the county became wet. Since then, more than 10 counties have followed. “That kind of gave people the encouragement that it could be done,” Bowlin said.” Read more
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