Shareholder meeting shows Costco bounty by Angel Gonzalez at Seattle Times. "Costco’s worldly cornucopia was highlighted at the Bellevue gathering, where hundreds of stockholders lined up for freebies — from maple-leaf-shaped bottles of Canadian maple syrup to Spanish extra virgin olive oil, Kirkland Signature roasted seaweed and an instant coffee popular in Taiwan. There was also a mammoth-sized Toblerone chocolate bar and vats of vegemite, a spread popular in Australia." Read more   Dick’s Sporting Goods not for sale after all by Josh Kosman at NY Post. "(Dick's) will likely not be sold because CEO Edward Stack, whose family has most of the [...]

  Alibaba holiday-quarter revenue disappoints at CNBC. "Revenue rose 40 percent to $4.22 billion in the December quarter, missing the average analyst estimate of $4.45 billion, according to Thomson Reuters I/B/E/S." Read more   Wal-Mart hands out 75 pink slips at home office at The City Wire. "The 75 pink slips issued this week pale in comparison to the 2,300 issued by Sam’s Club last year." Read more   Sears cuts 115 corporate jobs by Krystina Gustafson at CNBC. "A spokesman for the retailer, Howard Riefs, said the job cuts represent a "mix of positions in various departments across the [...]

  Why Nelson Peltz cut his Family Dollar stake by 66% at CNBC. "Investor Nelson Peltz's Trian Fund Management slashed its stake in Family Dollar Stores by more than two-thirds to 2.07 percent, days after the company's shareholders agreed to Dollar Tree's $8.5 billion buyout offer." Read more   Walmart Coordinates Northeast Snow Relief from Bentonville Office at KNWA NBC. "The Walmart emergency operation center in Bentonville is the hub of communication for the world-wide retailer, and senior manager Lucas McDonald sits at the helm. He says they work around the clock to make sure stores have support. "Yeah so we have 24/7 operations, [...]

  Home Depot ‘killer’ was mad that victim got promotion over him by Larry Celona, Reuven Fenton & Shawn Cohen at NY Post. "The Home Depot worker who murdered his manager before killing himself was simmering with anger after being dumped by his girlfriend — and being passed over for a promotion by the man he killed, law-enforcement sources told The Post on Monday." Read more   Top Walmart official says retailer strives to prevent corruption by Thomas Lee at San Francisco Chronicle. "There is no textbook on how to be a chief compliance officer,” (Jay) Jorgensen told a group [...]

  Employee ‘fatally shoots’ manager, self at NYC Home Depot by Frank Rosario, Larry Celona & Jamie Schram at NY Post. "I heard some shots towards the back of the store. It sounded like four or five,” said an employee at the store on West 23rd Street between Fifth and Sixth avenues. I heard someone yell, ‘Oh, my God, he’s dead!’ Everyone was running and screaming and ducking,’’ Esdaile had been arguing with the manager, 38, in Aisle 12 just before about five shots rang out, witnesses said." Read more   Top Target Canada managers get big cash payouts as [...]

  Analyst: Can Dollar Tree turn struggling Family Dollar around? by Jennifer Thomas at Charlotte Business Journal. "I think the work for Dollar Tree is a lot more than they initially thought because the business has gotten so bad," Yarbrough says..."What can they do to differentiate themselves from Dollar General? I think it comes down to pricing." Yarbrough says." Read more   Dollar General CEO: Family Dollar vote 'a loss' for consumers by Lizzy Alfs at The Tennessean. "He said a Dollar General/Family Dollar combination would have provided a "better value and great selection to customers." Read more   Dollar [...]

  Target Canada owes billions to long list of creditors by Marina Strauss at Globe & Mail. "Much of Target Canada’s amounts owing are in the thousands or tens of thousands of dollars per creditor, but some are noticeably larger. Target owes more than $4.2-million to Warner Bros. Entertainment Group, almost $2.2-million to Universal Studios Canada Inc. and more than $3-million to grocer Sobeys, which supplied food to the U.S.-based chain." Read more   Costco can keep selling gray market Omega watches by David Post at The Washington Post. "Omega misused its copyright “by leveraging its limited monopoly in being able [...]

  Target Canada's liquidation will begin in 2-3 weeks by Pete Evans at CBC News. "...within four to five months, the chain's entire Canadian presence — including its distribution centres across the country — will be gone." Read more   Wal-Mart launches cash pickup option for tax refunds at CNBC. "The service could help people without bank accounts get their refunds more quickly and avoid high check-cashing fees. Wal-Mart also says it could prove convenient for others." Read more   Home Depot given until July to respond to data breach lawsuits by David Allison at Atlanta Business Chronicle. "Thrash gave [...]