Tipsheet: D.C. Hits Amazon | CVS Eyes Dialysis | McMillon Iview

  EU says it will investigate Amazon over possible anti-competitive business practices at CNBC. “Competition Commissioner Margrethe Vestager said the EU opened a formal investigation to determine how Amazon uses data from independent retailers who sell on the company’s marketplace. The investigation centers on Amazon’s “dual role” as both a retailer and a marketplace, Vestager […]

Tipsheet: Amazon +$10 for Data | Saks Shoe Dept +60% | BJ’s +Frank

  Amazon offers $10 to Prime Day shoppers who hand over their data at Reuters. “The deal is for new installations of the Amazon Assistant, a comparison-shopping tool that customers can add to their web browsers. It fetches Amazon’s price for products that users see on, and elsewhere.” Read more   On the […]

Tipsheet: Costco +5.4% | Wegmans #16 w/Gen Y | Amazon Retrain 100K

  Costco June comp sales +5.4% (U.S. +6.3% / Canada +2.8% / Other Int’l +3.1% / Ecom +15.7%) Press release   Amazon plans to spend $700 million to retrain a third of its US workforce in new skills at CNBC. “The planned program is among the biggest corporate retraining initiatives ever announced, at a cost […]

Tipsheet: McMillon @ Sun Valley | Trump Defends H.Depot | Build-A-Bear Record Label

  Trump takes to Twitter to support Home Depot: ‘Fight for Bernie Marcus and Home Depot!’ by Kelly Tyko at USA Today. “They don’t want people to shop at those GREAT stores,” Trump continues, because Marcus contributed “to your favorite President, me!” Read more   …A Home Depot representative told MarketWatch that Marcus retired from […]

Tipsheet: Amazon Health-Care Fade | Costco Bees | Marcus Headache | Norah/Bezos Iview

  Amazon’s Push in Health-Care Supply Chain Has Faded, UBS Says by Tatiana Darie at Bloomberg. “UBS’s survey found that while hospitals still expect to increase their supply purchases through Amazon over the next three years, the percentage of respondents in talks for sourcing agreements with Amazon has declined to 7% from 11% last year. […]

Tipsheet: Prime Day Strike | Looting Wgreens | H.Dep Doubles Down

  Amazon warehouse workers in Minnesota plan Prime Day strike by Josh Eidelson & Spencer Soper at Bloomberg via Yahoo Finance. “…a sign that labor unrest persists even after the company committed to paying all employees at least $15 an hour last year. Workers at a Shakopee, Minnesota, fulfillment center plan a six-hour work stoppage […]