Tipsheet: WM/GM Team | Lowe’s Denies HD Supply Rumor | Target/Ulta Team


Walmart partners with GM’s Cruise on self-driving delivery pilot in AZ at Reuters. “Cruise has been testing its self-driving vehicles for several years in San Francisco, as well as Phoenix. In addition to robotaxis, it has provided automated grocery delivery services to residents in San Francisco.” Read more


Lowe’s says not in talks to buy HD Supply at Reuters. “Bloomberg News first reported the discussion, citing people familiar with the matter. The news sent shares of HD Supply surging 17% after the bell, while those of Lowe’s gained 1%.” Read more


China gears up for world’s largest online shopping festival at AP. “To help merchants cope with the impact from the coronavirus, online platforms have extended the shopping festival period this year in hopes of boosting sales. Both Alibaba and, the country’s two biggest e-commerce companies, began offering discounts on Oct. 21, three weeks ahead of Nov. 11.” Read more


…Singles Day sales to get tremendous lift from livestream events, as U.S. retailers play catch-up at CNBC. “This year marks the 11th edition of the annual Singles Day event…but some U.S. companies will be making a debut and using livestreaming to market their goods. “Within five years in America, if you don’t do livestreaming, your company will just disappear and get left behind,” Yuan said.” Read more


Ulta Beauty to open hundreds of “shop-in-shops” at Target stores “Ulta Beauty at Target will debut at more than 100 Target locations starting in 2021, with plans to scale to hundreds more over time.” Press release


Advance Auto Parts Q3 comp sales +10.2% Press release


Europe lays out Amazon antitrust charges, targeting its use of merchants’ data at Fortune. “The Commission is specifically worried about how Amazon uses its data about third-party sellers’ activities—such as their revenues on the platform, how many units they ship, past performance and so on—to adjust its own offerings that compete with those merchants.” Read more


**A message from the Kitchenology 4-In-1 Scrub Bar™ – A different abrasive strength on each side! Regular sponge, medium-duty, heavy-duty & super-duty. Website | Samples:


PriceSmart October net sales +10.4% Press release


J.C. Penney rescue deal approved in bankruptcy court, saving close to 60,000 jobs at CNBC. “Lenders led by H/2 Capital Partners will forgive $1 billion in debt in exchange for 160 properties and six distribution centers. Mall operators Simon Property Group and Brookfield Property Partners will acquire the company’s slimmed-down retail operations for $1.75 billion in cash and debt.” Read more


Casey’s General Stores to Acquire Buchanan Energy and its 94 Bucky’s C-stores Press release


Grocery store purchase limits are back at Fox Business. “Starting Monday, Kroger will enforce limits on key items like bath tissue, paper towels, disinfecting wipes and hand soap. “To ensure all customers have access to what they need, we’ve proactively and temporarily set purchase limits to two per customer on certain products,” a Kroger spokesperson said…” Read more


Shipt will pay bonuses of $50 to $300 this Thanksgiving Press release


Tipsheet Extra

These are the brands that actually make Costco’s Kirkland products in Canada

How Pfizer vaccine could be cold comfort for some Asian nations

Amazon has opened three more logistics centers in Brazil

NBA player settles civil rights lawsuit with Milwaukee re: arrest at Walgreens

Star-studded benefit concert to honor nurses on Thanksgiving

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