Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse at CNBC. “The Port of Baltimore processed a record 1.1 million containers and $80.8 billion in foreign cargo value last year, according to state data. Six highway construction crew members who were carrying out overnight road work plunged to their deaths during the incident.” Read more
Buc-ee’s opens doors to largest store in country at USA Today. “…scheduled to open at 6 a.m. local time Monday…Spread over 75,000 square feet, the new Buc-ee’s in Luling (TX) is “the largest Buc-ee’s location in the country.” Read more
Miami Faces Flood Threat With Heavy Rain Poised to Lash Florida at Bloomberg/Yahoo. “Through just Wednesday, 6 to 9 inches of rain is forecast for the region, where flood watches have been posted, according to the National Weather Service. The pattern will continue at least through Friday…” Read more
GM has a secret to help sell its new EVs. It’s Costco at CNBC. “Costco Auto has facilitated more than 500,000 vehicle sales annually over the past five years on average, according to Jay Maxwell, Costco Auto Program general manager responsible for strategic partnerships.” Read more
$800,000 wire transfer from Hank Meijer to US Chamber raises curtain on dark money at The Hill. “The U.S. Chamber of Commerce received a $800,000 wire transfer from billionaire donor Hank Meijer days after it endorsed his son, then-Rep. Peter Meijer (R-Mich.), in a contentious 2022 primary, according to previously unreported internal emails reviewed by The Hill.” Read more
Bentonville Film Festival, chaired by Geena Davis, is underway at Hollywood Reporter
Walmart opposes New York plan to add panic buttons to stores at Reuters. “Walmart’s top corporate affairs officer told Reuters that the company opposes the panic button idea because it believes there are likely to be many false alarms. “Eight out of 10 times somebody thinks something’s going on, there’s actually not,” Dan Bartlett, Walmart executive vice president of corporate affairs, told Reuters…” Read more
BJ’s Wholesale Club Expands Same-Day Delivery to Include Outdoor Furniture, Grills, Televisions and More Press release
Walmart boss says company ‘can’t get comfortable’ with recent success at Talk Business. “(McMillon) asked (Peyton) Manning, the host of the event, the secret to his success…“Well, Doug, for me it all goes back to preparation because that’s where I thought I could get an edge on the competition. … When I was in high school I was influenced by a quote my dad gave me from Pittsburg Steelers head coach Chuck Noll who said, ‘You only feel pressure when don’t know what you are doing.’ That drove me to always know what I was doing,” Manning answered.” Read more
…Walmart to use more digital shelf labels, expand inHome delivery service “Walmart, which has been testing digital shelf labels (DSL) since early 2019, announced…that a partnership with VusionGroup will add DSLs to 2,300 U.S. stores by 2026.” Read more
The New Voice of Costco on What Is Changing, What Will Stay the Same at WSJ. “We believe there’s a lot more opportunity to grow digital,” (CFO) Millerchip said of Costco. “I have experience in those areas and would hope that I can bring some of that to help us continue to evolve, but very much in the Costco way.” Read more
Inside the reawakening of NYC’s Fifth Avenue with swanky housing, shopping and offices at NY Post. “…just one store single-handedly sealed Fifth’s status as the world’s top luxury shopping street: Tiffany & Co., which reopened with a star-studded party in the spring of 2023 after extensive interior redesign courtesy of the New York architect and designer, Peter Marino. “The name is synonymous with this block,” said Shvo. When Tiffany went from a tired old store to a trend setter it brought back an energy to Fifth that had faded.” Read more
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