Amazon’s Prime Day estimated to do $10 billion in worldwide sales at TechCrunch. “This is ahead of what Prime Day achieved in years past. In 2019, the sales event delivered $6.93 billion in sales, eMarketer says, with $4.32 billion from the U.S. Total Prime Day sales in 2016, 2017 and 2018 were at $1.5 billion, $2.47 billion and $4.13 billion, respectively.” Read more

 

Walmart tests electronic tech services similar to Best Buy’s Geek Squad by Kim Souza at Talk Business. “Walmart is testing electronic tech services through a partnership with True Network Solutions. The Walmart Supercenter at Elm Springs Road in Springdale is the first Arkansas tech desk. Walmart is also testing the service in four stores in the Dallas-Fort Worth area.” Read more/Pics

 

Ikea opens first-ever used furniture store at Fast Company. “The company will open its first secondhand store later this year in Sweden’s ReTuna mall, a retail complex completely made up of resale stores. The move was first reported by The Local. The new store will sell previously owned furniture and home goods that have been refurbished for purchase.” Read more

 

House antitrust probe says Amazon has ‘monopoly power’ over sellers, company slams ‘fringe’ findings at GeekWire. “As a measure of total U.S. retail sales, Amazon says its market share is in the single digits. The antitrust report says Amazon’s U.S. online retail market share is often understated as 40%, Instead, it says, “estimates of about 50% or higher are more credible.” Read more

 

Lowe’s hires BCW, Edelman alum Ben Boyd to lead communications PR Week subs.

 

Home Depot store destroyed by Dallas tornado reopening soon at Fox 4 KDFW. “It has been closed since Oct. 20, 2019 when an EF-3 ripped through North Dallas. Part of the store collapsed but incredibly, no one was hurt.” Pics/Read more

 

16 Shoppers Review Their Walmart+ Memberships at Field Agent. “Overall, our agents reported a very positive experience with Walmart+. It’s telling that, when we asked our 16 testers if they would be renewing their subscriptions, 15 of them said “yes!” Video/Read more

 

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Big Lots holds agency review PR Week subs.

 

Walmart is now licensed to sell Medicare insurance plans in all 50 states at Talk Business. “Walmart Insurance Services will begin selling Medicare insurance plans during this year’s Annual Enrollment Period (AEP), Oct. 15 through Dec. 7.” Read more

 

81% of Texans have a favorable view of H-E-B at My San Antonio. Survey list

 

Papa John’s names Target vet CFO at MarketWatch. “Papa John’s has named Ann Gugino chief financial officer. Gugino joins from Target, where she was senior vice president of financial planning and analysis.” Read more

 

Lowe’s Provides Additional Bonus To Support Associates “…will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of Lowe’s communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.” Press release

 

Ex-Amazon employee arrested after issuing fake refunds totaling more than $96K at GeekWire. “Nguyen used his employee access and manipulated Amazon’s product return procedures by manually authorizing refunds for items ordered from third-party sellers, according to the complaint.” Read more

 

Tipsheet Extra

Walmart approves 175 new products in virtual Open Call

America’s teens spending 9% less than a year ago

Community rallies around Publix employee whose E-bike was stolen

Police: Man pooped in box at Meijer store, put it back on shelf

Google faces new antitrust case in India over abuse in smart TVs market

Read Tipsheet Extra Stories

 

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