Costco Q3 Comp Sales +3.0% (ex. gas & f/x) "Net sales for the quarter increased two percent, to $26.15 billion from $25.52 billion last year. Net sales for the first thirty-six weeks increased two percent, to $80.34 billion from $78.67 billion last year." Read the release   MarketWatch: Costco sales stall in third quarter "Over all for the quarter, Costco reported a profit of $545 million, or $1.24 a share, up from $516 million, or $1.17 a share, a year earlier. Analysts surveyed by Thomson Reuters had expected $1.22." Read more   Dollar General Q1 Comp +2.2% "Net sales [...]

  Lowe’s Canada CEO says growth, not consolidation after recent Rona acquisition by Damon Van Der Linde at Financial Post. "There’s no plan right now to bring in the Lowe’s banner,” said Prud’homme, adding that major changes to Rona will not likely be seen in Canada until early 2017. “The Rona brand will survive and will be a strong player for us. There’s a lot of power in that brand." Read more   ...We believe we can become the No. 1 choice for home improvement retail in Canada” Sylvain Prud’homme, chief executive officer of Lowe’s Canada by Marina Strauss at Globe & [...]

  Best Buy Q1 Comp Sales -0.1% "Although we are reporting better-than-expected results today, we are not raising our full year outlook as the first quarter represents less than 15% of full year earnings and at this stage we have no new material information as it relates to product launches throughout the year.” Read the release   Fox Business: Best Buy Forecasts Profit Miss, CFO to Step Down "Best Buy forecast an adjusted profit of 38-42 cents per share for the second quarter. Analysts on average were expecting 50 cents per share, according to Thomson Reuters I/B/E/S." Read more | CFO [...]

  Kohl's Sent a Star Wars Treasure Trove to the Woman Behind the Megaviral Chewbacca Video by David Griner at Adweek. "While Kohl's hasn't managed to keep the unexpectedly popular mask in stock, the company did handle its response with aplomb, sending the Payne family several more masks—and a veritable treasure trove of Star Wars merchandise." Read more / See the videos   Why retailers should not give up on bricks and mortar: Former JC Penney CEO by Matthew J. Belvedere at CNBC. "Many of the stores today, there's no reason I want to shop there," he added. "All you [...]

  Home Depot welcomed Arthur Blank at its 2016 annual meeting by Maria Saporta at Atlanta Business Chronicle. "It was only the second annual meeting Blank attended since he left the company in 2002...After the meeting, Blank was asked how the meeting compared to when he and Marcus were leading the company. “This is different,” Blank said. “We were kind of loud and ruckus.” Read more   Target tests in-store Which Wich shops by Nick Halter at Minneapolis/St.Paul Business Journal. "(Target) has installed Which Wich in nine California stores as part of its LA25 program. Target is using 25 Los Angeles stores [...]

  Walmart US Q1 Comp Sales +1.0% "...driven by the sixth consecutive quarter of positive traffic, up 1.5%. Neighborhood Market comp sales increased approximately 7.1%. Sam's Club comp (ex.fuel) +0.1%... 'We expect (Q2) comp sales for Walmart U.S. to be about +1.0 percent, and Sam's Club, without fuel, to be slightly positive for the 13-week period ending July 29, 2016' added Biggs." Read the release   ...CNBC Headline: Wal-Mart profit, revenue beat expectations; US sales up more than expected Read more   Dick's Sporting Goods Q1 Comp Sales +0.5% "eCommerce penetration for the first quarter of 2016 was 9.2% of total [...]

  Target Q1 Comp Sales +1.2% "Comparable digital channel sales increased 23 percent...First quarter comparable sales in signature categories (Style, Baby, Kids and Wellness) grew more than three times as fast as the company average. The first quarter marked Target’s sixth consecutive quarter of traffic growth, reflecting increases in both stores and digital channels." Read the release   Fox Business: Target Delivers Mixed 1Q Results "Earnings stood at $1.29 per share in the first quarter ended on April 30. Analysts on average were expecting $1.20 per share, according to Thomson Reuters I/B/E/S. Sales at stores open for at least a year rose 1.2 [...]

  Home Depot Q1 Comp Sales +6.5% / US Comp +7.4% "Home Depot reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0 percent increase from the first quarter of fiscal 2015." Read the release   BEATS STREET - Home Depot's Q1 Earnings Top Expectations via Fox Business. "Net income rose to $1.80 billion, or $1.44 per share in the quarter...Analysts on average had expected earnings of $1.36 per share and revenue of $22.39 billion, according to Thomson Reuters I/B/E/S." Read more   TJX Q1 Comp Sales +7% "Net sales for the first quarter of Fiscal [...]