Tipsheet: WM WFH Extended | Amazon Delivers 66% Of Its Own | Simon Buys Lucky
Amazon is delivering nearly two-thirds of its own packages at CNBC. “Amazon shipped 415 million packages in July, topping its three-month average between April and June. Amazon delivered 66% of its own packages in July, compared with 54% in July 2019.” Read more
US retail sales regain pre-virus level but slowdown likely at AP. “Americans increased their retail purchases by 1.2% in July, with solid gains in appliances and clothing helping restore sales to their level before the viral pandemic erupted in March.” Read more
Walmart corporate employees will continue working remote until January 2021 at Talk Business. “Teams across the business are working with increased speed, productivity and a focus on innovation,” Donna Morris, chief people officer at Walmart, noted in an internal email to employees on Wednesday (Aug. 12). “For those of you with children at home, you are in the process of adapting to your kids returning to school. The status of the pandemic across the country remains dynamic, and we are continuing to actively monitor developments to slow the spread of the virus.” Read more
Amazon can be held liable for defective products sold on its Marketplace in California at The Verge. “The California Fourth District Court of Appeals reversed a 2019 trial court ruling and reinstated claims from a woman who says she suffered third-degree burns when a defective laptop battery she bought from a third-party seller on Amazon caught fire.” Read more
Walmart’s Flipkart eyes alcohol delivery foray with Indian startup at Reuters. “Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.” Read more
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Dillard’s Q2 net sales down 35% Press release
Amazon Considers Relocating Some Employees Out of Seattle at Bloomberg. “In a message to employees Thursday, Amazon asked which communities near Seattle — including Tacoma and Redmond, Washington — they’d prefer. The title on the message, which was shared on Reddit and later deleted, was “office workplace options.” Amazon declined to comment on the matter.” Read more
Limits on U.S., Mexico, Canada border crossings to stay until Sept. 21 at Reuters. Read more
Amazon starts online drug sales in Indian city at Reuters. “…to serve the southern city of Bengaluru…The service, Amazon Pharmacy, has begun and will soon offer deliveries across the city, Amazon said. It offers both over-the-counter and prescription-based drugs as well as basic health devices and traditional Indian herbal medicines.” Read more
‘We do it because it’s important’: How grocery store employees are enforcing mask rules at Indianapolis Star via USA Today. “It’s sort of like being thrown in a pool without a life jacket and just being told, like, ‘You know how to swim, right?'” (Target employee) Jordan said. “It’s like, yeah, I can figure it out I guess, but it would have been cool if you told me before you threw me into the deep end.” Pfoutz said she hasn’t received any guidance for talking with Meijer customers about mask use.” Read more
Amazon Faces Antitrust Probe in Canada at Wall Street Journal. “Canada’s Competition Bureau said Friday its probe is under way and “there is no conclusion of wrongdoing at this time.” In revealing the investigation, it also welcomed input from market participants regarding its civil investigation.” WSJ subs.
Mall owner Simon, Authentic Brands to acquire denim retailer Lucky out of bankruptcy for $140.1 million at CNBC. “This acquisition will boost the value of our portfolio to more than $13 billion in global retail sales annually,” ABG founder and Chief Executive Jamie Salter said in a statement.” Read more
Hudson’s Bay Company appoints Culhane CFO at Home World Business. “Previously, Culhane held the role of CFO for The Bon-Ton Stores and Fareportal Inc., an online travel agency. Culhane also served as CFO for HBC and held senior finance roles with The May Department Stores Company.” Read more
Tipsheet Extra
Retailers launch coalition to fight counterfeits on Amazon
An old, dangerous drug has made a comeback with a new generation of users
Home prices climb to record in coronavirus pandemic as buyers seek space
Philly: Residents plans to rent trucks from Home Depot to get rid of trash
US consumer sentiment largely unchanged in August
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