Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods at Bloomberg. “The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store. It will also help the world’s largest e-commerce company take on a resurgent Walmart Inc.” Read more

 

U.S. retail sales rose 0.6% in August, vs 1.0% increase expected at CNBC. Read more

 

Tensions mount as Walmart Canada starts charging suppliers to pay for its retail revamp at Financial Post. “As of Monday, Walmart is charging a fee of 1.25 per cent on the cost of all goods sold to Walmart, plus an extra five per cent on goods sold through e-commerce…“The only recourse you have is to pull your products from the shelves. And that’s Armageddon. That’s the worst it could possibly be,” (one supplier) said.” Read more

 

Whole Foods CEO: We’re in a ‘virtuous circle’ of cutting costs and lowering grocery prices at CNBC. “We’ve made three significant price reductions since the merger, and we have a fourth that we’re beginning now,” said Mackey.” Read more

 

Rite Aid defends firing manager who pulled knife on violent, maskless customer at York Daily Record via USA Today. “When it was apparent the man wasn’t going to leave, Santiago said she asked the cashier to page her co-workers to help her. The man turned to her and shoved her into the magazine rack. She hit her forehead on the rack and was left with bruises on her legs.” Read more

 

Patagonia clothing gets political: ‘Vote the a–holes out’ at Fox Business. “…can be found written on the tag attached to the company’s 2020 men’s and women’s Regenerative Organic Stand-Up Shorts. “We have been standing up to climate deniers for almost as long as we’ve been making those shorts,” Patagonia spokesperson Corley Kenna told FOX Business Tuesday.” Read more

 

Marc Lore to sell 710,000 more shares of Walmart by April 2022 at Talk Business. Read more

 

US retailers roll out foreign toilet paper amid COVID-19 pandemic at AP/NY Post. “Oliver Olsen wasn’t even in the market for toilet paper, but he had to stop and take a closer look…Instead of Charmin and Cottonelle, there was Vogue and Delsey from Mexico. Next to them were rolls of Cashmere from Canada and King Blue from Trinidad and Tobago. “It really just jumped out at me,” said Olsen…” Read more

 

Tipsheet Extra

Popular McDonald’s Travis Scott meal leading to shortages

Almost half of millennials and Gen Zers can’t name a single Holocaust concentration camp

TV Ratings: ‘Dancing With the Stars’ hits 3-year premiere high

Yuengling, America’s oldest brewer, will soon sell beer nationwide