Daily Headlines

January 20, 2019
Walmart abandons plans for “Middle America” video streaming service and will focus instead on Vudu
Walmart has partnered with Point Pickup, Skipcart, AxleHire and Roadie to expand its grocery delivery program across four states
TechCrunch
Investors are suing Wayfair, claiming the company’s executives misled them about the company’s value and actions
Boston Herald
Signet Jewelers comp sales -1.3%…shares tank…hints at store closings
Target Foundation signals change in aid to nonprofits
Marianne Combs at MPR News
At Home Appoints Joanne Crevoiserat, COO of Abercrombie & Fitch, to Board
Jeff Bezos is launching a new conference dedicated to AI, optimism, and Amazon
Drugmakers Raise Prices Amid Shortages, Recalls (WSJ subs.)
Peter Loftus at Wall Street Journal
‘They Own the System’: Amazon Rewrites Book Industry by Marching Into Publishing (WSJ subs.)
Jeffrey A. Trachtenberg at Wall Street Journal
Inside Neiman Marcus’s private dinner for Best Dressed Hall of Famers and March of Dimes
Amber Elliot at Houston Chronicle
Save-A-Lot lays off workers a month after move to new HQ
Jacob Barker at St.Louis Post-Dispatch
Amazon is on a hiring spree in India, even as new restrictions on foreign sellers loom
Why Buy From Amazon When You Can Buy From Your Friends?
Brittain Ladd at Forbes
GameStop completes sale of Spring Mobile Division – Spring Mobile owns and operates 1,284 AT&T wireless stores
Amazon, Flipkart seek more time to comply with new India policy
The Economic Times
DoorDash Becomes First On-Demand Destination To Offer Delivery In All 50 States
Weis accelerates shipments of items in demand by food stamps recipients – getting ready for the early arrival of their February benefits
Becky Metrick at Penn Live
Love’s plans to open more than 40 new locations in ’19, bringing store count to more than 500 nationwide
Woman admits in court that attack at Canadian Tire store was ‘for ISIS’
Global News
Nordstrom comp sales at some stores ‘below expectations’ this holiday season
Shippers Worry They Will Face Increasing Delays as Shutdown Drags On (WSJ subs.)
Erica E. Phillips at Wall Street Journal
Neiman Marcus innovation lab founder Scott Emmons writes about why he left the retailer (Tiered subs.)
Maria Halkias at Dallas Morning News