Tipsheet: Women Advance @ Best Buy | Target Inks Queens Deal | Rite Aid +2.2%

  US economy up 6.4% in Q1 with stronger future gains expected at AP. “Consumer spending…grew at a sizzling annual rate of 11.4% in first three months of the year…Business investment grew at a strong 11.7% rate…” Read more   Prime Day 2021 was the biggest two-day period ever for Amazon’s third party sellers “Top-selling […]

Tipsheet: B.Buy +Grills | NYT Hits Amazon | Albertsons New Chief Merch. Officer

  A Covid-era lease break for retailers looks set to become industry standard at CNBC. “Once-temporary rent breaks for retailers are expected to become the new standard among landlords, even after pandemic restrictions end and shopping rebounds, the Wall Street Journal reported Tuesday.” Read more | WSJ subs.   The Amazon that customers don’t see: […]

Tipsheet: Boxed SPAC Deal | H.Depot’s Container Ship | Fast Super Spikes

  Grocery Courier Boxed to Go Public in SPAC Deal at Wall Street Journal. “Boxed and Seven Oaks Acquisition Corp. said the deal would value the combined company at nearly $900 million and provide money to serve more households and businesses that started ordering groceries online during the pandemic…Boxed isn’t profitable, Mr. Huang said, but […]

Tipsheet: Eilish @ Prime Day Show | WM’s 700 Interns | Sally Beauty’s New Anthem

  Amazon’s ‘Prime Day Show’ will feature Billie Eilish, H.E.R. and Kid Cudi in streaming musical event at GeekWire. “…will premiere globally on Prime Video starting June 17. The event will be available to all customers for 30 days, with or without a Prime membership.” Read more   Lululemon first-quarter sales rise 88%, topping estimates […]

Tipsheet: Ace Hardware #1 | At Home +187% | Prime Day June 21/22

  Amazon Prime Day will take place June 21 and 22 Press release   Largest meat producer getting back online after cyberattack at AP. “If it were to shut down for even one day, the U.S. would lose almost a quarter of its beef-processing capacity, or the equivalent of 20,000 beef cows, according to Trey […]

Tipsheet: Costco +20.6% | Amazon ZenBooth | T.Joe’s #5 New Grads

  Costco Q3 comp sales (ex. gas & f/x) +20.6% / U.S. +18.2% / Canada +32.3% / Other Int’l +22.9% / Ecom +41.2% Press release   …Costco says free samples and food courts will fully return by June at USA Today. “About 170 of Costco’s approximately 550 locations will bring back full sampling by the […]