Fortune announces 2025 Fortune Global 500 List – Walmart is No. 1 for the 12th consecutive year – Amazon No. 2 Press release | Fortune List (subs.)

 

The Trump Organization sued Amazon, eBay and Walmart sellers, accusing them of peddling knockoff merchandise promoting President Trump at CNBC

 

Welcome to the Grocery Store Where Prices Change 100 Times a Day at WSJ. “It is only a matter of time before Americans also see dynamic pricing on groceries, industry experts say. “All one has to do is visit the Netherlands or Norway,” says Ioannis Stamatopoulos, an associate professor who studies retail technology at the University of Texas at Austin’s business school. “That’s a window to the future.” WSJ subs.

 

He heard ‘he’s got a knife,’ then ran to stop a man suspected of stabbing 11 at a Michigan Walmart at AP. “He pulled the knife out of her and went to take off, then stopped and hesitated and turned around like he was going to go after her again…I just went as hard as I could and just got him on his ankles with the grocery cart from behind.” Kolakowski, a 39-year-old disabled veteran, was quickly joined by another man with a shopping cart, stopping the man later identified by authorities as Gille. A third man pointed a gun toward the man, repeatedly demanding he drop the knife.” Read more

 

…Walmart stabbing suspect faced past charges of desecrating graves in 2016 at WPBN/WGTU. “He is acutely psychotic. He stated he was the antichrist and digging a grave prior to admission. He stated he wanted to take the body out and see if there was blood on it…Psychiatrist Yatinder Singhal, M.D. said in the documents.” Read more

 

Amazon and Instacart’s former advertising leader is transforming the way Walmart grows at Modern Retail. “Seth Dallaire admits that, before joining Walmart almost four years ago, he hadn’t considered working for the big-box retailer…“I had usually called him the godfather of retail media, because he does have that lineage right back to the beginning of the entire wave,” said retail media industry analyst Andrew Lipsman of Media, Ads + Commerce.” Read more

 

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Trump Administration Weighs Patent System Overhaul to Raise Revenue at WSJ. “Commerce Department officials are discussing charging patent holders 1% to 5% of their overall patent value, a shift that could dramatically increase fees, according to people familiar with the matter…The new fee would be a much more exorbitant cost for some patent holders that would function like a property tax.” WSJ subs.

 

Amazon sets the record straight: The Wall Street Journal’s flawed pricing analysis “The WSJ’s article about Amazon’s pricing practices isn’t just flawed—it seems fundamentally misleading by design. Amazon offers over 6 million everyday essential items, yet the WSJ focused their story on just under 2,500 low-priced everyday essentials products—less than 0.04% of our everyday essentials selection. This isn’t responsible sampling; it’s surgical cherry-picking.” Read more

 

Apple will close a store in northeastern China in August, the first time it has shuttered one of its retail locations since it opened its first outlet in the country in 2008 NY Times subs.

 

Temu users face a ‘high risk’ of finding illegal products, EU says at The Verge

 

NYC Gunman Targeted the NFL But Ended Up on Rudin’s Floor at Bloomberg. “A manifesto and notes found on him indicated a fixation with Chronic Traumatic Encephalopathy, or CTE, caused by head trauma, the officers said. His social media feed showed his football career ended after a head injury, and he wrote that the NFL didn’t do enough for CTE.” Bloomberg subs.

 

Tariffs on South Korea’s products threaten the ‘K-beauty’ boom in the US at AP

 

Vancouver’s inaugural “Costco Marathon” was as unhinged as it sounds at Straight. “What do you get when you mix marathon mileage, food court favourites, and a whole lot of chaotic good energy? If you’re Amir Nikravan, you get the unofficial Costco Marathon, a 42.2-kilometre warehouse-hopping endurance event powered by hot dogs and pure running joy.” Read more

 

Albertsons Wants Details on Ex-Kroger CEO’s Personal Conduct at Bloomberg Law

 

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