Tipsheet: WM DC Shooting | Amazon Germany Strike | Home Sales +44.3%


Gunman kills one employee at Walmart distribution center before police fatally shoot him at CNN. “The shooter drove through and around the parking lot four times before crashing his vehicle into the lobby area of the building, the Sheriff’s Office said. When he hit the building and the car caught on fire, he then exited the vehicle and began shooting randomly into the building and through the parking lot area.” Read more


US pending home sales bounce back 44.3% in May at AP. Read more


Albertsons CEO says grocery operator’s IPO is ‘a great accomplishment’ amid coronavirus pandemic at CNBC. “Right now, we’re focused are creating more value through the assets that we have and we have a great set of assets,” (CEO Vivek Sankaran) said. “We have plenty of headroom there. But we’re always eyes open. When the right opportunities come by, we will do it.” Read more


Amazon warehouse workers in Germany will strike Monday because of coronavirus infections at The Verge. “Labor union Verdi says “at least 30 to 40 colleagues were infected” with the virus, according to Reuters. The strike will last 48 hours and be conducted with the motto “good and healthy work.” Read more


Walmart to reopen Chicago stores damaged by looting by Crain’s Chicago Business. “We have reflected on recent events and decided we want to stay,” said President and CEO Doug McMillon in a blog post on the retailer’s site. “And not just stay, but expand our investment.” Read more


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Starbucks is the latest company to pause advertising across social media platforms at CNBC. “Starbucks is the latest company to say it will pause advertising on “all social media platforms” and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech.” Read more


CANADA – New NAFTA raises duty-free limits for private couriers, but not Canada Post at Financial Post. “We are just mystified that the government would be setting consumers up for that surprise,” said Andrea Stairs, president of eBay Canada and chief marketing officer for eBay North America.” Read more


Amazon eliminates single-use plastic in packaging in India at TechCrunch. “Flipkart, which had made a similar pledge last year, said last month that its reliance on single-use plastic across its supply chain had dropped by 50%.” Read more


Dollar General is cheap, popular and spreading across America. It’s also a robbery magnet, police say at CNN. “Every night I was just waiting for there to be a phone call that said, ‘Hey we’ve lost somebody,'” Brian Flannery, who oversaw security at around 2,000 Dollar General stores in the northeast as a divisional loss prevention director from 2011 to 2015, said. “It wasn’t a matter there [of] if you were going to have a bad robbery. It was a matter of when.” Read more


The real cost of Amazon at Recode. “I feel like I’m risking my life for a dollar” — what the struggle Amazon workers face during the pandemic says about the future of work in America.” Read more


Amazon to pay $500 million in one-time bonuses to front-line workers at Reuters. “Employees and partners who have been with the e-commerce company through June will receive bonuses ranging from $150 to $3,000…” Read more


Tipsheet Extra

Fed Reveals Bond Purchases Including AT&T and Walmart

Tesla ranks dead last on J.D. Power’s automobile quality survey

Winn-Dixie not ditching ‘Dixie’

Activists set up guillotine in front of Jeff Bezos’s D.C. home

Plastic waste surges as restaurants use more disposable packaging

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