Amazon posts some monster numbers for Q1 – Either Amazon is continuing to surprise or Wall Street analysts still can’t forecast retail; but the beat over expectations was over 4 Billion dollars! ….. We think it is both.
Not to be outdone Albertsons latest earnings release was dominated by their digital sales growth (+258%); same-store sales were up +16.9% for FY2020. Albertson’s significant investment in technology and operations and it has paid off during the pandemic.
Based on a study by CSA Amazon will overtake Walmart as largest U.S. retailer by 2025; Kroger staying at #3
7-Eleven Debuts New Brand Tagline that would make Nigel Tufnel proud. (*Spinal Tap Reference for our younger audience)
Lastly, get your popcorn ready this is going to be a spectacle – Walmart files to stop Kanye West from using his new logo. 72andSunny jokingly enters fray, citing its own sun logo and declaring itself official ‘logo partner’ of both.
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