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App Analytics Company Amplitude Lands $150 Million
  + stars: | 2021-06-11 | by ( Sara Castellanos | ) www.wsj.com + 0.00   time to read: +3 min
Amplitude Inc., whose technology helps businesses understand how customers are using their applications, has raised $150 million in new investor funding. Amplitude’s software gives IT leaders, chief product officers and others insight about how customers are using their applications and what features may need to be tweaked. Newsletter Sign-up CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. Spenser Skates, Amplitude co-founder and CEO Photo: Amplitude Inc.Amplitude’s annual revenue last year was more than $100 million, up by 50% compared with 2019, Mr. Skates said. Sequoia Capital, which led the funding round, had also invested in the company in 2018, said Pat Grady, a partner at the venture firm.
Persons: Spenser, , Al Gillen, Gillen, Ryan Safarian, Mr, Safarian, Pat Grady, Grady, Sara Castellanos Organizations: Sequoia Capital, Massachusetts Institute of Technology, International Data Corp, Ford Motor Co, Walmart Inc Locations: San Francisco, bioengineering, sara.castellanos
House Bills Seek to Break Up Amazon and Other Big Tech Companies
  + stars: | 2021-06-11 | by ( Dana Mattioli | Ryan Tracy | ) www.wsj.com + 0.00   time to read: +10 min
One of the proposed measures, titled the Ending Platform Monopolies Act, seeks to require structural separation of Amazon and other big technology companies to break up their businesses. I do wonder if these bills can get to 60 [votes] in the Senate.”Friday’s announcement covered five bills designed to curb Big Tech’s dominance. Four of the five bills narrowly focus on big technology companies. While the bills don’t name any companies, only Amazon, Apple, Facebook and Google currently meet the parameters laid out in those bills, according to the person familiar with the matter. They are the same companies that the House panel investigated as part of its probe into Big Tech.
Persons: , , David Cicilline, Ken Buck, Matt Schruers, Paul Gallant, Jeff Wilke, Amazon’s, Jeff Bezos, Hepburn, Dana Mattioli, Ryan Tracy Organizations: Amazon.com Inc, Inc, Apple Inc, Facebook Inc, Democratic, Senate, Democrats, Seven, , Big, Computer & Communications Industry Association, Facebook, Google, Technology Alert, Roku Inc, , Cowen &, Lawmakers, Amazon's, WSJ Tech, Apple, Big Tech, Walmart Inc, Amazon, Street, YouTube, Holding Company, Federal Trade Commission Locations: U.S, Europe, America, Seattle, ryan.tracy
Netflix and shop: Online store offers limited-edition merchandise
  + stars: | 2021-06-10 | by ( ) www.reuters.com + 0.96   time to read: +1 min
REUTERS/Lucy NicholsonNetflix Inc (NFLX.O) will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on "Stranger Things," "Lupin" and other popular shows, the streaming giant said on Thursday. Merchandise in the online shop will be "carefully selected high-quality apparel and lifestyle products," the company said. The "Lupin" products were developed with the Louvre museum. In the future, the company plans to introduce products based on hit series "The Witcher" and "Stranger Things" and Netflix logo-wear from Japanese fashion house BEAMS. Netflix has also created video games based on shows "Stranger Things" and "La casa de Papel (Money Heist)."
Persons: Lucy Nicholson, Netflix.shop Organizations: Netflix, REUTERS, Lucy Nicholson Netflix Inc, Target Inc, Walmart Inc, Louvre, Nasdaq, Thomson Locations: Hollywood, Los Angeles , California, U.S, United States
FILE PHOTO: An Apt F retailer goes wholesale shopping on the Faire platform that connects small brands with small retailers in this picture taken in Austin, U.S., August 2019. Faire/Handout via REUTERS(Reuters) - Online wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued at $7 billion, thanks to the fast growth in e-commerce following the pandemic. Faire helps small retailers connect with small brands, helping them to compete with retail giants like Amazon.com Inc or Walmart Inc, said Faire Chief Executive and co-founder Max Rhodes. Following its success in the U.S. market, Faire expanded into Europe three months ago and is seeing fast growth there, said Rhodes. “We’re still in the single-digit online penetration for the wholesale market,” said Sequoia partner Ravi Gupta.
Persons: Max Rhodes, , Rhodes, “ We’re, Ravi Gupta, Organizations: REUTERS, Reuters, Amazon.com Inc, Walmart Inc, Zealand, Sequoia Capital Locations: Austin , U.S, United States, U.S, Europe
Online wholesale marketplace Faire raises $260 mln, valued at $7 bln
  + stars: | 2021-06-10 | by ( Jane Lee | ) www.reuters.com + 1.00   time to read: +2 min
An Apt F retailer goes wholesale shopping on the Faire platform that connects small brands with small retailers in this picture taken in Austin, U.S., August 2019. Faire/Handout via REUTERSOnline wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued at $7 billion, thanks to the fast growth in e-commerce following the pandemic. Faire helps small retailers connect with small brands, helping them to compete with retail giants like Amazon.com Inc (AMZN.O) or Walmart Inc (WMT.N), said Faire Chief Executive and co-founder Max Rhodes. Following its success in the U.S. market, Faire expanded into Europe three months ago and is seeing fast growth there, said Rhodes. “We're still in the single-digit online penetration for the wholesale market,” said Sequoia partner Ravi Gupta.
Persons: Max Rhodes, , Rhodes, “ We're, Ravi Gupta, , Eric Newcomer Organizations: REUTERS Online, Amazon.com Inc, Walmart Inc, Zealand, Sequoia Capital, Thomson Locations: Austin , U.S, United States, U.S, Europe
An Apt F retailer goes wholesale shopping on the Faire platform that connects small brands with small retailers in this picture taken in Austin, U.S., August 2019. Faire/Handout via REUTERSOnline wholesale marketplace Faire said on Thursday it raised $260 million in its latest funding round and is now valued at $7 billion, thanks to the fast growth in e-commerce following the pandemic. Faire helps small retailers connect with small brands, helping them to compete with retail giants like Amazon.com Inc (AMZN.O) or Walmart Inc (WMT.N), said Faire Chief Executive and co-founder Max Rhodes. Following its success in the U.S. market, Faire expanded into Europe three months ago and is seeing fast growth there, said Rhodes. “We're still in the single-digit online penetration for the wholesale market,” said Sequoia partner Ravi Gupta.
Persons: Max Rhodes, , Rhodes, “ We're, Ravi Gupta, Organizations: REUTERS Online, Amazon.com Inc, Walmart Inc, Zealand, Sequoia Capital, Thomson Locations: Austin , U.S, United States, U.S, Europe
Logistics Providers See E-Commerce Momentum Continuing Post-Pandemic
  + stars: | 2021-06-09 | by ( Jennifer Smith | ) www.wsj.com + 0.00   time to read: +7 min
Shoppers may be back at the mall, but e-commerce providers are betting consumers will keep a firm grip on their digital shopping carts as pandemic restrictions ease. They expect the rush to online commerce that came at the start of the pandemic has altered buying habits long-term. The push to online shopping has fueled strong growth at retailers like e-commerce behemoth Amazon.com Inc. as well as bricks-and-mortar store owners like Walmart Inc. and Target Corp. that have extensive digital capabilities. U.S. e-commerce sales rose 42% last year to $813 billion from 2019, according to Adobe Analytics, which tracks activity on thousands of websites. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology.
Persons: , Kraig Foreman, AlixPartners, , Mr, Foreman, Casey Armstrong, , Ilias Simpson, King of Prussia, Cole Haan, Ashley Stewart, Simpson, haven’t, Aaron Rubin, Kevin Sides, Chris Caton, Jennifer Smith Organizations: Logistics, DHL Supply Chain, Deutsche Post AG, Walmart Inc, Target Corp, Adobe Analytics, Shopify, Inc, ShipBob Inc, U.S . Commerce Department, Ship Hero, Prologis Inc Locations: America, U.S, Cicero , Ill, Pa, North America, Europe, , Fort Lauderdale, Fla, Mexico, Florida , Pennsylvania, Southern California, Kevin Sides . Chicago
Ship Orders Surge as Carriers Rush to Add Capacity
  + stars: | 2021-06-08 | by ( Costas Paris | ) www.wsj.com + 0.00   time to read: +5 min
The resurgence in ordering is being driven mainly by container ships as Western retailers such as Walmart Inc. and Amazon.com Inc. scramble to restock after a year of supply-chain disruptions from the coronavirus pandemic. “The orders are mostly for bigger ships with all the extras to emit less, which is good for margins. South Korea’s three big yards—Hyundai Heavy, Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. —account for more than a third of all shipbuilding orders for all types of vessels. The other shipyards with big shares of global orders are China State Shipbuilding Corp., China Shipbuilding Industry Corp. and Japan’s Imabari Shipbuilding Co. Tankers and dry-bulk movers need more steel than container ships.
Persons: Moller, , Peter Sand, “ It’s, ” “ I’ve, , Costas Paris Organizations: Global, VesselsValue, Walmart Inc, Amazon.com Inc, Maersk, CMA CGM SA, Lloyd AG, Data, ACM, South Korea’s Hyundai Heavy Industries Co, Daewoo Shipbuilding & Marine Engineering Co, Samsung Heavy Industries, China State Shipbuilding Corp, China Shipbuilding Industry Corp, Imabari Shipbuilding, South Korean, , costas.paris Locations: London, South Korea, China, North America, Europe, Asia, Denmark
Walmart's Flipkart in talks to raise $3 bln from SoftBank, others - Bloomberg News
  + stars: | 2021-06-07 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
The logo of India's e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration/File PhotoWalmart Inc-owned (WMT.N) Indian e-commerce firm Flipkart is in talks to raise at least $3 billion from investors including Japan's SoftBank Group Corp (9984.T) and several sovereign wealth funds, Bloomberg News reported on Monday. SoftBank could invest $300 million to $500 million of the total through its Vision Fund II, according to the report. Flipkart, SoftBank and the Abu Dhabi Investment Authority did not immediately respond to Reuters requests for comment. SoftBank sold its roughly 20% stake in the e-commerce firm to Walmart in 2018.
Persons: Danish Siddiqui, Singapore's GIC, SoftBank, Flipkart Organizations: REUTERS, Danish, Walmart Inc, Japan's SoftBank Group Corp, Bloomberg, Plan Investment Board, Abu, Abu Dhabi Investment Authority, Vision, Walmart, Reuters, Thomson Locations: Canada, Abu Dhabi, United States, Bengaluru
Walmart to give 740,000 U.S. store workers free Samsung phones
  + stars: | 2021-06-03 | by ( Richa Naidu | ) www.reuters.com sentiment -0.99   time to read: +2 min
A Walmart sign is seen inside its department store in West Haven, Connecticut, U.S., February 17, 2021. The world's largest retailer, which employs nearly 1.6 million people in the United States, said more than 740,000 workers would receive Samsung Galaxy XCover Pro smartphones, cases and protection plans. Walmart declined to share financial details, but the phone sells at $499.99 on Samsung Electronics Co Ltd's website. It will be able to see work emails, installed work apps, web history on the phone's work-specific browser, device specifications and clock-in locations. People will only be able to access work apps while on their shifts, but can use the phones as personal devices, Walmart said.
Persons: Mike Segar, Drew Holler, Kellie Romack Organizations: Walmart, REUTERS, Walmart Inc, Samsung, Samsung Galaxy, Samsung Electronics, Thomson Locations: West Haven , Connecticut, U.S, United States
Copper Boom Has BHP, Freeport Picking Through Waste
  + stars: | 2021-06-03 | by ( Alistair Macdonald | ) www.wsj.com sentiment -0.84   time to read: +1 min
An obscure mining business part-owned by members of the Pritzker and Walton families is getting some new heavyweight investors: BHP Group Ltd. and Freeport-McMoRan Inc., two of the world’s biggest miners. The investment in Jetti Resources LLC, which extracts copper out of mine waste, comes amid growing interest and rallying prices for the metal used in construction and manufacturing, as well as to conduct electricity. Demand for copper is expected to outstrip supply in the coming years, with more of the metal needed as the world transitions to a lower-carbon economy. Ben Walton, whose family founded Walmart Inc., also owns a stake. Laura Tyler, BHP’s chief technical officer, said in a statement that the miner expected global copper demand to double over the next 30 years as more of the metal is used to support renewable technologies and decarbonization goals.
Persons: Walton, Jetti, Gigi Pritzker, Ben Walton, Laura Tyler Organizations: Pritzker, BHP Group Ltd, McMoRan, Jetti Resources, BHP, Japan’s Mitsubishi Corp, DNS, Hyatt, Walmart Inc Locations: Freeport
Advertising technology company MediaMath has hired bankers to explore its strategic options, including a possible sale, people familiar with the matter said, as ad tech enjoys a resurgence in deal making and investor interest. The effort comes about a year after MediaMath began reviewing its options, which was reported last June by the industry news publication Digiday. Most ad tech firms at the time were grappling with financial challenges as advertisers paused their spending during the Covid-19 pandemic. The company is now reaching out again as the digital ad market improves and some ad-tech companies see surging valuations. The company is one of the few remaining large independent ad-tech companies, competing with the likes of Alphabet Inc.’s Google, Amazon.
Persons: MediaMath, Alexandra Bruell Organizations: Luma Partners, Centerview Partners, Searchlight Capital Partners, Inc, Vista Equity Partners, TripleLift, Walmart Inc, Thunder Industries, Pubmatic Inc, Viant Technology Inc, AppLovin Corp, DoubleVerify Holdings Inc, Deal, Google, Trade Locations: TripleLift Inc
Fed to Sell Corporate Bonds and ETFs Acquired During Covid-19 Crisis
  + stars: | 2021-06-02 | by ( Paul Kiernan | ) www.wsj.com sentiment -1.00   time to read: +1 min
The Federal Reserve will soon begin selling off the corporate bonds and exchange-traded funds it amassed last year through an emergency-lending vehicle set up to contain the Covid-19 pandemic’s economic fallout. The vehicle, known as the Secondary Market Corporate Credit Facility, or SMCCF, held $5.21 billion of bonds from companies including Whirlpool Corp. , Walmart Inc. and Visa Inc. as of April 30. In addition, it held $8.56 billion of exchange-traded funds that hold corporate debt, such as the Vanguard Short-Term Corporate Bond ETF. The sales, which should be completed by the end of this year, are unrelated to monetary policy, a Fed official said. Stock and bond markets at the time were reeling from the fear and uncertainty regarding the coronavirus and economic lockdowns to contain it.
Persons: Jerome Powell Organizations: Federal Reserve, Whirlpool Corp, Walmart Inc, Visa Inc, ETF, Treasury Department, Fed, Treasury, Stock
Trucker Yellow Seeks to Steady Finances by Streamlining Operations
  + stars: | 2021-05-31 | by ( Jennifer Smith | ) www.wsj.com + 0.00   time to read: +5 min
Trucker Yellow Corp. is pushing ahead with a sweeping overhaul aimed at making the large but financially troubled carrier more competitive in a resurgent freight market. Overland Park, Kan.-based Yellow had been struggling for years when the pandemic plunged the company into a liquidity crisis. The company’s Holland, New Penn and Reddaway brands provide LTL service in the Midwest, the Northeast and the West, respectively, while its YRC Freight business offers national coverage. That creates inefficiency for them, and frankly it creates inefficiencies for us,” said Yellow President Darrel Harris, who is overseeing the integration. A previous integration of two national networks after the company’s 2003 purchase of rival Roadway, which eventually created Yellow’s YRC Freight unit, took years to complete.
Persons: company’s, , Darrel Harris, Mike Regan, Satish Jindel, Harris, Jennifer Smith Organizations: Yellow, Walmart Inc, YRC, Inc, Dominion Freight, Dominion, XPO Logistics Inc, TranzAct Technologies Inc, SJ, United Parcel Service Inc, UPS, FedEx Corp, Locations: U.S, Kan, Thomasville, N.C, company’s Holland, New Penn, Midwest, Northeast
Fact Check-Walmart says it did not send offensive email to customers
  + stars: | 2021-05-28 | by ( Reuters Fact Check | ) www.reuters.com sentiment -1.00   time to read: +1 min
Posts sharing screenshots of a Walmart email addressing the customer as a racial slur are missing context. The emails sent were altered by a “bad actor” who created fake Walmart accounts using real email addresses and changing their names to the slur, according to Walmart. Walmart said a “bad actor” had created fake Walmart accounts using people’s real email addresses and altered first names to fool its automated reply system. Walmart told Reuters: “We discovered that an external bad actor created false Walmart accounts with obvious intent to offend our customers. The offensive emails sent were altered by an individual who created fake Walmart accounts using the real email addresses of customers and changed their name to the slur.
Persons: , We’re, Read Organizations: Walmart, Walmart Inc, Reuters
E2open’s acquisition follows a string of tie-ups as logistics software specialists have sought to extend their reach across customers’ supply chains. The Logistics Report won’t publish Monday, May 31, the Memorial Day holiday. (NBC)ABOUT USPaul Page is editor of WSJ Logistics Report. Follow the WSJ Logistics Report team: @PaulPage, @jensmithWSJ and @CostasParis. Follow the WSJ Logistics Report on Twitter at @WSJLogistics.
Persons: Micah Maidenberg, Fran Horowitz, ” — Simeon Siegel, Jennifer Smith, Matt Grossman, Benjamin Katz, Katherine Tai, Andy Jassy, Jeff Bezos, Dow Jones, Paul Page Organizations: U.S, Abercrombie, Fitch Co, BMO Capital Markets, E2open Parent Holdings Inc, BluJay Solutions, SAP, Oracle Corp, Boeing Inc, Boeing, Republicans, . Trade, General Motors Co, Royal Dutch Shell PLC, Costco Wholesale Corp, Bayer AG, Walmart Inc, Inc, Walmart, Tesla, Financial, CNN, Sony Group Corp, Nikkei, Authority, News, Lloyd AG, Container Management, Pacific Rallway Ltd, Canadian National Railway Ltd, Kansas City Southern, Los Angeles International Airport, Logistics, Twitter Locations: Shanghai, Rotterdam, U.S, Connecticut, Malaysia, Nikkei Asia, Suez, Egypt, Long Beach, California, Ryder
That’s the dilemma faced by the shipping industry as it looks to shift to cleaner vessels to meet emissions reduction goals. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. Shipping executives say they would seek to pass at least some of the costs of switching fuel sources along to cargo owners. “If you have to run a ship on fuel three times as expensive as bunker oil, you are out of business. It’s too much of a risk.”Sustainable biofuels could provide about 20% of total shipping energy needs, according to the IEA.
Persons: can’t, , Lars Robert Pedersen, Mr, Pedersen, ’ ” — Lars Robert Pedersen, Bimco, Moller Maersk, Costas Paris Organizations: Korea Shipbuilding, Offshore Engineering Co, International Maritime Organization, United Nations, Shipping, Clarkson Research Services, Walmart Inc, Amazon.com Inc, International Energy Association, Korean, of Shipping, European, costas.paris Locations: Denmark, China, U.S, European Union, Paris
Amazon weighing entry into physical pharmacy stores - Insider
  + stars: | 2021-05-26 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo(Reuters) - Amazon.com Inc is considering the launch of physical pharmacies in the United States, Insider reported on Wednesday, citing people familiar with the matter. The talks are mostly exploratory and any meaningful rollout of stores could take more than a year, according to the report. (bit.ly/3vozNyG)There have been discussions about putting the pharmacies inside of Amazon-owned Whole Foods locations, Insider reported. The e-commerce giant launched an online pharmacy in November for delivering prescription medications in the United States, stirring up competition with drug retailers such as Walgreens, CVS Health and Walmart.
Persons: Pascal, Amazon Organizations: REUTERS, Inc, Walgreens, CVS Health, Walmart, Alliance, CVS Health Corp, Walmart Inc, Rite Aid Corp, Kroger, CVS, Rite Aid Locations: Boves, France, United States
Walmart to Sell New Line of Gap-Branded Homegoods
  + stars: | 2021-05-26 | by ( Sarah Nassauer | Suzanne Kapner | ) www.wsj.com + 0.96   time to read: +1 min
Walmart Inc. and Gap Inc. plan to partner on a line of Gap-branded homegoods that will be sold in Walmart stores, according to people familiar with the situation, a sign of how each retailer is stretching into new territory to stay competitive. The line of home items will be called Gap Home and go on sale later this year, say some of these people. In recent years, Walmart has worked to expand its apparel and homegoods selection to include brands perceived as higher end, part of its efforts to appeal to a wider customer base and boost online sales. Gap, which has been working to revive its namesake brand, doesn’t currently sell homegoods and has never sold its branded items inside Walmart. Gap signed a deal last year with licensing company IMG that will allow it to expand into home décor, furniture, textiles and other categories.
Persons: Brandon Maxwell, doesn’t Organizations: Walmart Inc, Inc, Walmart, Free Assembly, IMG
SoftBank Vision Fund 2 leads $775 million investment in Perch
  + stars: | 2021-05-26 | by ( ) www.reuters.com + 1.00   time to read: +1 min
SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-HoonSoftBank Group Corp's (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc (AMZN.O). The Series A funding will make Perch a so-called "unicorn" - implying a valuation of $1 billion or more and brings the company's total funding to date to over $900 million, it said on Wednesday. The funding is the largest ever Series A raised by a consumer goods company, nearly quadrupling the previous record, according to Crunchbase data. The round adds to a growing list of sizeable investments by Vision Fund 2, including in banking technology startup Zeta and 3D printing company Formlabs.
Persons: Kim Kyung, Lydia Jett Organizations: REUTERS, Amazon.com Inc, Victory Park, Spark, Twitter Inc, Slack Technologies Inc, Target Corp, Walmart Inc, Costco Wholesale Corp, Kroger, SoftBank Investment, Vision, Zeta, Thomson Locations: Tokyo, Japan, Perch, Boston
Warehouses Look to Robots to Fill Labor Gaps, Speed Deliveries
  + stars: | 2021-05-24 | by ( Jennifer Smith | ) www.wsj.com + 0.00   time to read: +6 min
The crunch is accelerating the adoption of robots and other technology in a sector that still largely relies on workers pulling carts. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. But sector payrolls contracted by 4,300 jobs from March to April, according to a preliminary report by the Labor Department. The staffing shortfall is driving up wages as logistics operators compete with heavyweights including Amazon.com Inc., which plans to hire another 75,000 warehouse workers this year. The company plans to roughly double the number of robots in its warehouses this year.
Persons: , Kristi Montgomery, Montgomery, Dwight Klappich, , Jerome Dubois, ” evo, Jennifer Smith Organizations: Kenco Logistics Services, Robotics Corp, Geodis SA, Auto, Phantom, Logistics, Gartner Inc, Systems, Shopify Inc, Labor Department, Amazon.com Inc, Walmart Inc, Target Corp, FedEx, XPO Logistics Inc, Crocs Inc Locations: Chattanooga , Tenn, Jeffersonville, Ind, France, U.S, Seattle
New Face-Mask Rules Put Grocery Workers Back at Center of Debate
  + stars: | 2021-05-22 | by ( Jaewon Kang | ) www.wsj.com sentiment -1.00   time to read: +1 min
Supermarket workers are back in the middle of a national conversation about face masks. Kroger Co. said it dropped mask requirements for fully vaccinated customers and employees starting Thursday, unless local rules dictate otherwise. Walmart Inc., Target Corp. and other grocery sellers have also lifted mask mandates for vaccinated people. Another threatened her last weekend after she asked the customer to pull her mask up over her nose, Ms. Lyon said. “One of the things not taken into account is how many people we see,” Ms. Lyon said.
Persons: Elaine Lyon, Albertsons Cos, Lyon, ” Ms, , Organizations: for Disease Control, Kroger, Walmart Inc, Target Corp, Albertsons, Safeway Locations: Seattle
A worker sorts delivery packages in a van outside an Amazon facility in Ahmedabad, India, March 17, 2021. The article stirred up weeks of controversy in India, sparking calls from traders to ban Amazon. In response to questions from Reuters, a spokeswoman for Amazon in India said the company had no comment. The note for Kerry identified Carney as "Amazon Senior Vice President and former Obama Administration spokesman." A separate antitrust complaint by a group of online sellers filed against Amazon is currently pending review by the CCI.
Persons: Amit Dave U.S, John Kerry, Joe Biden, Piyush Goyal, Goyal, Thomas Carnegie, Philip M, Spokespeople, Ingeneri, Kerry, Jay Carney, Carney, Biden, Barack Obama Organizations: REUTERS, Reuters, U.S, United States Trade Representative, State, India's Commerce, Kerry, Amazon, U.S . Department of State, Competition Commission of India, Obama, Competition Commission, Walmart Inc, CCI, Thomson Locations: Ahmedabad, India, State Kerry, U.S, New Delhi, Washington, Washington and New Delhi
Apparel chain Gap says U.S. employees should continue to wear masks
  + stars: | 2021-05-21 | by ( ) www.reuters.com sentiment -0.84   time to read: +1 min
Gap Inc (GPS.N) said on Friday all employees would have to continue wearing masks, even as many of the apparel retailer's peers have relaxed their policies following guidance from the U.S. Centers for Disease Control and Prevention (CDC). The parent of Old Navy, Banana Republic and Athleta brands also said it is recommending that customers who are not fully vaccinated wear masks in its shops, except in jurisdictions where masks are required by law. (https://bit.ly/2SbB1i0)Many retailers, including Walmart Inc (WMT.N) and Target Corp (TGT.N), have said that fully vaccinated workers are no longer required to wear masks, except when face coverings are required by local ordinances. Earlier this month, the CDC had advised that fully vaccinated people do not need to wear masks outdoors and can avoid wearing them indoors in most places. read moreOur Standards: The Thomson Reuters Trust Principles.
Organizations: U.S . Centers for Disease Control, Prevention, Old Navy, Banana, Walmart Inc, Target Corp, CDC, Thomson Locations: Banana Republic
CEO of TikTok's parent company steps down
  + stars: | 2021-05-20 | by ( ) www.nbcnews.com + 0.00   time to read: +5 min
Zhang, who turned ByteDance into a social media force, said he was not in fact a social person. Liang, not a household name in China, roomed with Zhang at Nankai University in Tianjin, China. "If these problems cannot be resolved, it's highly possible that the company will encounter major setbacks in the future. The announcement comes less than a month after Bytedance's chief financial officer, Shouzi Chew, became CEO of flagship short-video app TikTok. ByteDance's previous big organizational shake-up occurred last year, when Zhang appointed Zhang Lidong as chairman at ByteDance's China business, and Kelly Zhang as CEO.
Persons: Zhang Yiming, ByteDance, Liang Rubo, Zhang, Liang, , Tencent, I'm, Wise, Zhou Zhanggui, Shouzi Chew, Kevin Mayer, TikTok, Shawn Yang, Li Chengdong, Colin Huang, Zhang Lidong, Kelly Zhang, Donald Trump's Organizations: Big Tech, Reuters, Alibaba, Holding, Tencent Holdings, Nankai University, ByteDance, Disney, Blue Lotus Capital Advisors, Pinduoduo Inc, Former U.S, Oracle Corp, Walmart Inc Locations: ByteDance, China, Tianjin, Washington, Beijing, Li Chengdong . U.S, United States, Former, U.S
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