U.S. Home Prices Surge the Most on Record in Buying Frenzy at Bloomberg/Yahoo. "Prices jumped 16.2% from a year earlier to a record high of $319,200. The growth eclipsed the 14.8% rate in the fourth quarter, which was the highest in data going back to 1989, the (National Assoc. of Realtors) said in a report Tuesday." Read more   US job openings soar to highest level on record at AP. "Job openings rose nearly 8%, to 8.1 million in March, the most on records dating back to December 2000, the government said. Yet overall hiring that month rose less [...]

  Atlanta Mayor Bottoms not going to Walgreens at 11 Alive. "What I know is that in the absence of my speaking my truth, people will insert a narrative, which is why I'm here today. Ros Brewer is my girl, I love her dearly, but she didn't get to be the CEO of Walgreens by offering jobs to random friends," the mayor said. "I am not going to Walgreens in Chicago, (her husband) Derek is not going to Walgreens in Idaho. I can't get Derek to move two miles off of Cascade Road, so I promise you that is not [...]

  Costco April comp sales (ex gas & f/x) +24.5%: US +24.9% / Canada +23.8% / Other Int'l +20.3% / Ecom +17.3% Press release   Marc Lore’s next attempt to woo the affluent consumer: A fleet of on-demand food trucks at CNBC. "Jay Zuckerman, a 47-year-old father of two who resides with his wife in the pilot area, said his family has used Wonder about six or seven times for dinner over the past few months...“It was like ordering from a gourmet restaurant, but you don’t have the issues of waiting, and you don’t have the issues of the food [...]

  Circle K launches beverage subscription program for $5.99 per month at CNBC. "Starting Wednesday, U.S. customers who pay $5.99 per month can have one tea, coffee, Froster slushy or Polar Pop fountain drink of their choosing every day. Circle K’s Sip & Save program looks to build loyalty and coax people into its stores again on a regular basis." Read more   The Untold Story of How Jeff Bezos Beat the Tabloids at Bloomberg. "'Raise your hand if you think you’ve had a harder week than I’ve had.' It was Feb. 14, 2019, in the early afternoon, and for [...]

  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 [...]

  Shaw’s, Star Market truckers go on strike in New England at AP. "Truck drivers for Shaw’s supermarkets represented by the Teamsters went on strike Monday, stopping shipments to Shaw’s and Star Market grocery stores in New England. The drivers are responsible for delivering grocery store staples to more than 100 supermarkets across the region..." Read more   Amazon knew seller data was used to boost company sales at Politico. "An internal audit seen by POLITICO warned Amazon's senior leadership in 2015 that 4,700 of its workforce working on its own sales had unauthorized access to sensitive third-party seller data on [...]

  US economy accelerated at a robust 6.4% rate last quarter at AP News. "Thursday’s GDP report showed that consumer spending, which accounts for more than two-thirds of the economy, surged at a 10.7% annual rate in the January-March quarter, a significant acceleration after spending had slowed to a 2.3% annual gain in the final three months of last year. Business investment rose at a strong annual rate of nearly 10%, reflecting a burst of spending on equipment." Read more   Pending home sales rose less than expected in March as prices soared at CNBC. "Pending home sales, a measure of [...]

  Coming this summer: Gas stations running out of gas at CNN. "Not that there's a looming shortage of crude oil or gasoline. Rather, it's the tanker truck drivers needed to deliver the gas to stations who are in short supply. According to the National Tank Truck Carriers, the industry's trade group, somewhere between 20% to 25% of tank trucks in the fleet are parked heading into this summer due to a paucity of qualified drivers." Read more   LinkedIn Top Companies 2021: The 50 best workplaces to grow your career in the U.S. Amazon #1 / Walmart #9 / [...]