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Fly News Breaks for May 8, 2018
GIS, SJM, TSCO, AMZN
May 8, 2018 | 08:02 EDT
Credit Suisse analyst Seth Sigman says the combination of Amazon's (AMZN) pricing and faster delivery makes its new private brand dog food line "Wag" more competitive versus traditional retailers such as Tractor Supply (TSCO). Additionally, the analyst believes the ingredients stack up well and prices more competitive versus other established premium brands, supporting his cautious view of Smucker (SJM) and adding risk to General Mills (GIS), as both have acquired premium pet food companies recently.
News For AMZN;TSCO;SJM;GIS From the Last 2 Days
AMZN
Apr 23, 2024 | 06:51 EDT
In a post to its website, Amazon staff said, "Later this year, Amazon customers in the West Valley Phoenix Metro Area can receive Prime Air drone deliveries from our Tolleson, AZ Same-Day Delivery site. Since starting drone delivery in College Station, Texas and Lockeford, California in 2022, we've delivered thousands of items to customers in less than an hour. Last year we also began delivering prescription medications in partnership with Amazon Pharmacy to customers in College Station. We've received great feedback from customers and communities as we've rolled out the service. We're now adding a new location and entering into the next stage of the program's evolution. Later this year, drone deliveries are coming to the West Valley of the Phoenix Metro Area in Arizona...As we look to the future and prioritize our resources to continue growing the program, we've also made the decision to close our delivery site in Lockeford. We'll offer all current employees opportunities at other sites, and will continue to serve customers in Lockeford with other delivery methods. We want to thank the community for all their support and feedback over the past few years. We'll continue delivering in College Station, Texas and will open further U.S. locations in 2025." Reference Link
AMZN
Apr 21, 2024 | 17:10 EDT
"Box Office Battle" is The Fly's weekly roundup of what movies topped the weekend's box office. A24’s “Civil War”... To see the rest of the story go to thefly.com. See Story Here