Tipsheet: WM Home Pickup | Publix #1 Trust | Post Malone Loves Costco
Walmart will pick up items shipped and sold by Walmart.com from customers’ homes through a new partnership with FedEx at CNN. “Walmart said the “incredibly convenient” option is free and will remain in place beyond the busy holiday shopping season.” Read more
Amazon closes New Jersey warehouse after workers test positive for coronavirus at CNBC. Read more
Nike Q2 revenues were $11.2 billion, up 9% / Nike direct sales were $4.3 billion, up 32% Press release
Walmart using ‘pop-up’ option to meet online holiday demand at Talk Business. “The pop-up space will be inside 42 of the company’s regional distribution centers that typically ship pallets of goods to stores…“We anticipate up to 30% of our holiday volume being shipped from our pop-up e-commerce DCs. A true transformation of our assets through technology,” (Walmart supply chain executive) Venkatesan said.” Read more
Apple temporarily closes all 53 stores in California and over a dozen in London at The Verge. Read more
Kentucky man to spend life in prison for shooting two Black shoppers at Kroger store at Louisville Courier Journal via USA Today. Read more
Rent-A-Center to buy Acima Holdings in $1.65 bln deal at Reuters. “Acima has more than 15,000 retail partner locations and e-commerce platforms, and is expected to generate in 2020 revenue of about $1.25 billion…” Read more
Amazon donating 2,000 tropical plants like those in Spheres for sale to benefit Seattle zoo at GeekWire. “Amazon raises its plants in a 40,000-square-foot greenhouse facility in Redmond, Wash., before they find a home in the Spheres…More than 75 different species of plants will be available.” Read more
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CANADA – Michael Medline has returned a grocery powerhouse back to health; now he’s turned his eye to the horizon at Financial Post. Read more
Man indicted for stealing $2.6M in diamonds claimed connection to Costco at AMNY. “According to Manhattan District Attorney Cy Vance Jr., Modi allegedly posed as a middleman with ties to the mega-mart Costco in order to obtain the jewels from LLD Diamonds USA…Instead of selling them to Costco, law enforcement sources said, Modi allegedly pawned off the diamonds he obtained for his own illicit profit.” Read more
2020’s Most Trusted Grocery Retailers at Winsight Grocery Business. “It was almost too close to call, but Publix Super Markets has nosed out last year’s Most Trusted American grocer—H-E-B—to take the top honor in WGB and BrandSpark’s fourth annual report on the supermarkets winning the consumer confidence race.” List/Read more
Dick’s Sporting Goods teams with Instacart for same-day delivery at 150 stores at CNBC. “We’re planning on rolling this out to more stores. But with the holidays, we just wanted to make sure to get something up and running for a considerable amount of our customers,” said Joe Pietropola, senior vice present of e-commerce at Dick’s.” Read more
Kroger Shares Top 10 Trending Foods of 2020 Press release
Post Malone Loves Costco at The Wrap. “One day, I woke up and I had an epiphany. I was just like, ‘Let’s go to Costco.'”…”“I’m not a sample guy. I’m not a very patient guy,” Malone told Kimmel, who was in full agreement. “I think we should get rid of the samples completely, or let you just sample stuff off of the shelf.” Video/Read more
Tipsheet Extra
Americans will get stimulus checks as soon as next week, Mnuchin says
Peter Jackson gives fans a sneak peak of Beatles documentary
McDonald’s sells ‘Spam burger’ with cookie crumbs in China
Q&A: Ahold VP talks food transparency
How hip hop’s love of the Timberland boot helped turn it into a billion-dollar company
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