Amazon sets ultra-low pricing plans for Temu rival store at The Information/Reuters. “The company’s price limits include $8 for jewelry, $13 for guitars and $20 for sofas, according to the report…Amazon plans to ship orders to U.S. customers directly from a facility in Guangdong, China…” Read more

 

Sri Atluri, Chief IP Counsel at Walmart, discusses strategies for reducing IP risks and protecting innovations at Clause 8. “On patent enforcement: “If we’re not protecting the innovation that we are spending our money on developing, then we’re essentially donating our R&D dollars to our competitors.”…“It is a hundred percent worth our time and money to enforce our patents, when we see our technology being infringed, I think we have an obligation to protect it.“ 44:24 podcast

 

San Jose leaders approve Costco amid resident uproar at San Jose Spotlight. “Since forming the grassroots organization last year, members of Save West Valley! have rallied against the proposed Costco — claiming the additional traffic will bring safety concerns to the neighborhood surrounding Prospect High School.” Read more

 

Police investigating death of Walmart employee found in store’s walk-in oven at CBS

 

…Family speaks out at Daily Mail. “Gurismran Kaur, 19, was working alongside her unnamed mother at the store in Halifax, Nova Scotia, on Saturday evening when she met the horrific fate….She ended up finding her daughter’s ‘charred remains’ inside the bakery oven…” Read more

 

Amazon adds gasoline discounts for Prime members, EV charging savings to follow at TechCrunch. “Prime members will receive a 10 cents per gallon discount at around 7,000 Amoco, AM/PM, and BP gas stations across the U.S…” Read more

 

PetSmart Names Ken Hicks as CEO “Ken Hicks previously served as CEO and Executive Chairman at Academy Sports…Prior to that, he served as CEO of Foot Locker.” Press release

 

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Sam’s Club CTO is reportedly resigning over the company’s return-to-office policy at Entrepreneur. “Cheryl Ainoa, chief technology officer of Sam’s Club, is departing the company after nearly five years rather than move to Arkansas citing “personal reasons.” Read more

 

Amazon to shut down speedy brick-and-mortar delivery service at CNBC. “Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers…Select retail partners will be able to continue fulfilling orders with Amazon Today through Jan. 24, 2025.” Read more

 

Credit card companies from big name retailers have been silently rolling out a fee of $1.99 if you wish to keep receiving paper statements at Fox Business

 

Schnucks will no longer be selling Boar’s Head products – will instead start offering Dietz & Watson at KSDK 5

 

Spirit Halloween bets on struggling real estate to fuel its growing business. Here’s how at CNBC. “Earlier this month, the company announced it would be rolling out a test concept of 10 Spirit Christmas stores. Eight of those stores will be in existing Spirit Halloween locations.” Read more

 

Contact: info@eyeonretail.net