Costco +7.7% | Amazon Test Fail | Late Fee Loss Nears

  Costco March comp sales +7.7%: U.S. +7.3% / Canada +8.9% / Other Int’l +8.6% Press release   How Walmart’s privileged documents led to $101 million jury verdict for ex-supplier at Reuters. “… jury that found Walmart breached its agreement to buy millions of boxes of nitrile gloves in the first 18 months of the […]

Amazon Union Confusion | JCP 1st in 8 | Costco Dallas Plans

  Two years after its historic win, a divided Amazon Labor Union lurches toward a leadership election at AP. “Two years after clinching a historic victory at a warehouse in New York City, the first labor union for Amazon workers in the United States is divided, running out of money and fighting over an election […]

Target #65 Work | Amazon Scams Surge | Tesla Bests H-E-B

  Amazon Sellers Plagued by Surge in Scam Returns at WSJ. “Amazon shoppers regularly switched Coach wallets for no-name dupes and Nike football cleats for flip-flops. She tried to get Amazon’s help, but filing complaints became a hit-or-miss process. She eventually changed her inventory and now sells consumable products like pet supplies, which has significantly […]

H.Depot Media Pitch | Amazon Pauses Fee | Costco Chicken Bags | Target Lady

  Amazon hits pause on controversial seller fee rollout that had caused a revolt at Yahoo Finance. “Hundreds of thousands of merchants on Amazon will get a brief reprieve from a new controversial fee that was to take effect on April 1, a company executive said. Amazon will still charge affected sellers the fee as planned, […]

H.Depot Big Buy | Xi: Can’t Go Back | BJ’s +5

  Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales at CNBC. “The acquisition is the largest in Home Depot’s history…CEO Ted Decker…said the deal increases Home Depot’s total addressable market by $50 billion. SRS Distribution sells supplies to professionals in the landscaping, pool and roofing businesses…has approximately […]

Swipe Fees Hit | WM Not a Supermarket? | Cocoa $10K

  Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement at MarketWatch. “Through the blockbuster agreement, which merchants say is one of the largest in U.S. antitrust history, Visa and Mastercard will lower published credit-card interchange fees by four basis points in the U.S. for at least three years. The companies also won’t […]