CVS Health earnings top estimates at CNBC. “Same-store sales across its pharmacy and front store combined were up just 0.4% compared with growth of 9% a year earlier. Same-store sales for the front store fell 11.4%.” Read more

 

Camping World Q1: Revenue increased by $530.5 million to $1.558 billion / Gross profit increased by $217.8 million to $520.5 million Press release

 

Publix Q1 comp sales up 2.4% Press release

 

Walmart and Sam’s Club Now Administering Walk-Up COVID-19 Vaccines at 5,100+ Pharmacies Nationwide Press release

 

Q&A with former Amazon exec Jeff Wilke at GeekWire. “Wilke’s interests are decidedly less celestial – investing in underrepresented founders and restoring American manufacturing. It is full circle for Wilke, who grew up in Pittsburgh, where he saw once-prosperous factories shutter their doors. “I watched the decline of industry and the effect that it had on the people of Pittsburgh and it really left a mark on my life,” he said.” Q&A/Read more

 

Pandora takes a shine to lab-made diamonds at CNBC/Reuters. “Prices of lab-grown diamonds have fallen over the past two years following the U-turn by De Beers in 2018 and are now up to 10 times cheaper than mined diamonds, according to a report by Bain & Company. Pandora’s new collection of lab-grown diamonds will be launched initially in the United Kingdom and will be available in other key markets next year, it said.” Read more

 

**A message from Comfy Sacks – Shredded foam bean bag sales continue their meteoric sales growth! Grab your share of this high growth category and add some “wow” and high dollar ring to your assortment. Easy onboard / Retail ready. Website | Sample: info@eyeonretail.net 

 

Amazon’s Thursday Night Football deal will start early – starting with the 2022 season at The Verge. “Now Amazon gets its exclusive rights even sooner and for even longer thanks to a new 11-year contract…” Read more

 

CVS, Walgreens have wasted more Covid vaccine doses than most states combined at NBC News. “The Centers for Disease Control and Prevention recorded 182,874 wasted doses as of late March, three months into the country’s effort to vaccinate the masses against the coronavirus. CVS was responsible for nearly half, and Walgreens was responsible for 21 percent, or nearly 128,500 wasted shots combined.” Read more

 

Berlin’s Razor Group raises $400M to buy and scale Amazon Marketplace merchants at TechCrunch. Read more

 

Amazon employees say you should be skeptical of Jeff Bezos’s worker satisfaction stat at Recode. “The 94 percent number was gleaned from an employee survey program at Amazon called Connections, which asks Amazon employees to answer a single question each day before they can start working on their company computer or their warehouse workstation…employees told Recode that many Amazon employees do not answer Connections questions honestly because they fear their responses are not truly anonymous, and they fear retaliation if they give negative feedback.” Read more

 

7-Eleven Franchisees Seek Relief from 24-hour Mandate Press release

 

Q&A with President of Shopify at The Verge. “While a marketplace may rent you their customers for a period of time, they are never going to be your customers. In fact, in some cases, if the marketplace sees you’re making too much money, they may set up a white-label version of what you’re doing. So, that’s what I mean when I say we are on a different side of the table than a lot of other technology companies or marketplaces, because we only do well when these merchants do well independently.” Read more

 

Tipsheet Extra

Top RV rental company sees record growth amid COVID pandemic

Skittles owner sues THC-laced copycat Zkittlez for trademark infringement

Under Armour hikes full-year outlook, sees demand returning

Why Shoppers Drug Mart is recruiting doctors

‘Simpsons’ writer spills show secrets in rare interview

Read Tipsheet Extra Stories

 

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