Tipsheet: WM Closed Tgiving | Aldi +70 | Lowe’s + Ford Motor Vet

  Walmart to pay $428 Million more in associate bonuses – will close Walmart U.S. stores on Thanksgiving Day this year “The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates. Drivers, Managers and Assistant Managers in stores, clubs, DCs, FCs and Health & Wellness will also receive […]

Tipsheet: Amazon Go store looted | WM Canada spends | BTS College -37%?

  Adevinta wins auction to buy eBay’s classified ads unit for nearly $9 billion at Reuters. “Activist investors Elliott Management Corp and Starboard Value had been pushing eBay to sell the unit and also its ticket sales business, since last January, as part of a plan that could double the company’s value.” Read more   […]

Tipsheet: Back-to-School Boom | Lowes Eyes Rural | JCP -1,000 Mgmt

  U.S. retail sales in June +7.5% vs. expected +5% at Reuters. Read more   Neiman Marcus Bankruptcy Watchdog Says Company Must Justify Bonuses at Wall Street Journal. “Under U.S. bankruptcy law, Neiman isn’t allowed to give “pay-to-stay” bonuses simply to incentivize executives to remain with the company through its bankruptcy, Henry Hobbs, the Justice […]

Tipsheet: Target BTS 15% Off | Masks @ WM/Sam’s/B.Buy | Paper Store Bankrupt

  Walmart and Sam’s Club Require Shoppers to Wear Face Coverings “The ambassadors, identifiable by their black polo shirts, will work with customers who show up at a store without a face covering to try and find a solution. We are currently considering different solutions for customers when this requirement takes effect on July 20.” […]

Tipsheet: BigCommerce To Go Public | Gun Background Checks +136% | Neiman CEO Pay Plan

  Amazon’s new smart shopping cart lets you check out without a cashier at The Verge. “When you’re done shopping, you’re allowed to take the cart through a special lane that checks you out digitally without requiring a human cashier to ring you up…The Dash Cart is coming first to Amazon’s grocery store in the […]

Tipsheet: Target’s Ad Blocklist | WM HQ 50% 8/17 | Kroger No Coin Change

  New York & Co. owner RTW Retailwinds files for bankrtupcy, to close hundreds of stores at CNBC. “RTW Retailwinds operates 378 retail and outlet stores in 32 states, according to its website. In addition to New York & Co., some of its other brands include Fashion to Figure and Happy x Nature.” Read more […]