Target Restock bringing household supplies to a doorstep near you by Kavita Kumar at Star Tribune. "...customers will be able to fill a large box of a specific size with as many items as can fit in it, choosing from more than 8,000 household essentials, beauty and personal care items and dry grocery products. The box, which is limited to 45 pounds, will then be shipped for a flat fee and arrive on their doorsteps by the next day if they place their order by 1:30 p.m." Read more   Hudson's Bay taps debt adviser amid Neiman Marcus bid [...]

  The president of Amazon’s fashion division is leaving the e-commerce giant by Jason Del Rey at Recode. "Cathy Beaudoin, the longtime Amazon executive leading the company’s fashion division, is exiting the company. Beaudoin joined Amazon eight years ago from The Gap and was tasked with improving the fashion industry’s opinion of Amazon and courting popular name brands to sell on the mass-market e-commerce site." Read more   Schnucks names Dave Peacock new president and chief operating officer by Mike Faulk at St.Louis Post Dispatch. "Peacock’s responsibilities with Schnucks will include management of operations, marketing and the company’s supply chain. [...]

  Costco April Comp Sales +3% "Costco reported net sales of $9.42 billion for the month of April, the four weeks ended April 30, 2017, an increase of five percent from $8.98 billion during the similar period last year." Press release   America's Most Loved Brands (Amazon 76%, Home Depot 70%, Lowe's 70%, Dollar Tree 68%, Kroger 53%) at Morning Consult Intelligence. "Since January 2017, Morning Consult asked nearly 200,000 people to rank the world's biggest brands..." Full list   Cabela's Q1 Comp Sales -8.9% "...while apparel categories comped negatively for the quarter, they have shown signs of improvement and [...]

  Workers at Bloomingdale's New York flagship store narrowly avoid a strike by Julia Horowitz at CNN Money. "The department store will no longer require sales clerks to prepare online orders for in-store pickups, and managers cannot ask workers to leave their departments if it could cause them to lose a sale." Read more   Big 5 Sporting Goods Q1 Comp Sales +7.9% "...reflecting continued market share gains resulting from the closure of certain major competitors last year along with more favorable weather conditions than the prior year period. Sales comparisons also benefited from the calendar shift of the Easter [...]

  CVS Q1 Comp Sales: Front-end -4.9%, Pharmacy -4.7% "CEO Merlo: “We continue to expect 2017 to be a rebuilding year, but our goals remain clear, and we fully intend to return to healthy levels of growth." Press release   ...CVS reports better-than-expected profit at Reuters. "Excluding items, the company earned $1.17 per share. Revenue rose 3 percent to $44.51 billion. Analysts on average had expected earnings of $1.10 per share on revenue of $44.20 billion." Read more   Coach's quarterly profit jumps 8.6 pct on less discounting at CNBC. "Coach, which is trying to regain its premium-brand tag, has [...]

  Target is shutting down food lab in Massachusetts after all by Kavita Kumar at Star Tribune. "Last week, an offer to buy the Food + Future lab surfaced at the last minute as (Target) was preparing to wind it down. But Target apparently couldn't come to terms with the buyer....The food lab was the brainchild of one of the outside entrepreneurs that (Casey) Carl brought to Target. Greg Shewmaker, a former Tesco executive, set up the lab to explore how Target could help lead in bringing more transparency to the food system and the supply chain." Read more   [...]