Tipsheet: WM Pitch Auction | Protest Mural @ Bezos Home | Macy’s Open 68 Mon.
Macy’s plans to reopen 68 U.S. stores on Monday at Reuters. “It expects to have all of its roughly 775 stores reopened in six weeks, if infection rates taper off as projected and state and local governments allow it.” Read more
Walmart CEO joins coronavirus relief effort with business opportunity by Lisa Fickenscher at NY Post. “Walmart CEO Doug McMillon has signed up for the digital fundraising campaign, All-In Challenge…McMillon and his management team have agreed to vet 10 small businesses who participate in auctions for the opportunity to present their business plans. Starting bids for the 10-minute pitches are $5,000 — but only one winner will be featured on Walmart.com.” Read more
Facing a lack of passengers, Sun Country Airlines ramps up plan to fly packages for Amazon at CNBC. “Minneapolis-based Sun Country plans to be flying all 10 of the cargo planes by the end of July, earlier than the previous target for summer’s end, CEO Jude Bricker told CNBC on Wednesday.” Read more
Kellogg says profit jumps 23% on virus-led stockpiling at Reuters. Read more
Mural painted outside Jeff Bezos’ house in protest demanding more coronavirus safety for Amazon workers at Fox News. “A Washington Post reporter at the site tweeted that police were present but kept their distance and that there was no “movement” seen from Bezos’ home. The group of nine finished the mural in about an hour.” Pics/Read more
eBay Q1 revenue of $2.374 billion, down 2% on a year ago at TechCrunch. Read more
Walmart workers will call out of work, use tracker to protect themselves from COVID-19 at USA Today. “Walmart workers, saying the company is failing to inform and protect them from the spread of COVID-19, will start tracking cases themselves and stay home from work for a day in protest. Over 500 Walmart employees were expected to not report to their jobs Wednesday to signal the launch of a new mapping system…” Read more
Tapestry sales plunge nearly 20% as coronavirus pandemic shuts vast majority of its stores at CNBC. “Coach sales fell 20%, while sales at Kate Spade dropped 11%, and sales at its Stuart Weitzman brand plunged 40% during the quarter.” Read more
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CVS Health works with Piedmont Healthcare to help create hospital bed capacity in Georgia Press release
Walmart’s $14 Million Deal With Pregnant Workers Gets Approval at Bloomberg Law. “Wal-Mart Stores Inc. will pay $14 million to nearly 4,000 workers who say they were denied accommodations while pregnant, after an Illinois federal court gave final OK for the class action settlement in a case that sheds light on policies that can exclude expecting mothers.” Subs.
Amazon says it’s a victim of Trump admin’s ‘personal vendetta’ after landing on counterfeit list at The Verge. “The report, which looks into intellectual property protection and hot spots for counterfeiting and piracy, put Amazon’s Canada, UK, Germany, France, and India websites on the list as online markets for knockoff goods. It’s the first time a US business has been put on the notorious markets list.” Read more
Costco will start requiring customers to wear masks Monday at CNN. “Certain exemptions are applied, including for customers under 2-years-old and people who can’t wear one because of a medical condition.” Read more
Lysol Maker Bets Cleaning Boom Will Outlast Coronavirus at Wall Street Journal. “A handwash challenge launched by Reckitt’s Dettol brand on TikTok, encouraging people to post videos of themselves dancing while washing their hands, has been viewed more than 88 billion times since mid-March, Mr. Narasimhan said.” WSJ subs.
Amazon is cracking down on internal communication after a surge in worker activism at Recode. “This week, Recode has learned that Amazon has started strictly enforcing rules that limit its employees’ internal communications with each other on several large company email listservs…” Read more
Rite Aid drive-thru coronavirus testing isn’t hitting full capacity: CEO at Fox Business. “Rite Aid has set up 25 drive-thru coronavirus testing sites at its stores in eight states…”We wish that we had more people coming,” (CEO) Heyward told “Mornings with Maria.” “We’re still not seeing the full volume of people making appointments to get these tests.” Read more
Amazon may have violated labor laws by firing worker involved in protest, New York attorney general says at Business Insider. Read more
Tipsheet Extra
Mass. Walmart temporarily closing after 23 employees test positive
US patent office rules that artificial intelligence cannot be a legal inventor
Hundreds of Georgia’s poultry workers have tested positive for COVID-19
A scarf a day turns Dr. Birx into pop culture star
Liability shield for businesses emerges as new fight over reopening
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