Dick's CEO @ ABC News Announcing Sales Ban of Assault Rifles "Based on what’s happened and looking at those kids and those parents, it moved us all unimaginably," company Chairman and CEO Edward Stack said today on "Good Morning America," referring to the Feb. 14 school shooting in Parkland, Florida, that killed 14 students and three educators." Video/Read more   Lowe's Q4 Comp Sales +4.1% Press release   ...Lowe's profit and margins miss lowest Wall Street estimate, shares tumble at Reuters. "Lowe’s expects same-store growth to slow to about 3.5 percent this fiscal year, from 4 percent in the [...]

  Macy's Q4 Comp Sales (Owned) +1.3% Press release   ...Macy's earnings for the holiday quarter top expectations, sending shares soaring at CNBC. "Earnings per share: $2.82, adjusted, vs. $2.71 expected. Revenue: $8.67 billion vs. $8.68 billion expected. Same-store sales: a 1.3 percent increase vs. growth of 0.1 percent expected." Read more   Lumber Liquidators Q4 Comp Sales +4.5% Press release   ...Lumber Liquidators beats 4Q profit forecasts via Yahoo Finance. "Lumber Liquidators shares have declined 21 percent since the beginning of the year. The stock has risen 42 percent in the last 12 months." Read more   AutoZone Q2 Comp Sales +2.2% Press [...]

  Walmart’s Big Bet on Home Delivery Hasn’t Paid Off Yet by Matthew Boyle at Bloomberg. "(Marc Lore's) a tenacious fighter,” said Kirthi Kalyanam at Santa Clara University’s Leavey School of Business. “Evidence suggests he really hates Amazon. For him it’s personal, not business.” Read more   Target CEO: Online shopping alone won’t cut it, retailers also need great stores at CNBC. "Cornell on "Squawk Box: "For the foreseeable future, the majority of U.S. retail sales will still take place at stores." Video/Read more   Retailers are trying to profit off Toys R Us’ struggles by Lisa Fickenscher at NY Post. [...]

  Marc Lore: I am 'absolutely not' leaving Walmart at CNBC. "If anything, trust is building more between me and Doug [McMillon] and the board, and we have a lot of work to do and a lot of things to be really excited about in the future," Lore told CNBC on Wednesday." Read more   Walmart launches a new home shopping site for furniture and home décor by Sarah Perez at TechCrunch. "The new site’s home page will feature curated collections across nine style categories, including modern, mid-century, traditional, glam, industrial, bohemian, farmhouse, transitional and Scandinavian." Read more   Toys “R” [...]

  Marc Lore Eyeing Exit at Walmart? by Lisa Fickenscher at NY Post. "I wouldn’t be surprised if he left,” said Edward Jones analyst Brian Yarbrough. “I’m not convinced that Marc Lore and the other members of Jet.com leadership team are truly in it for the long haul,” added Brittain Ladd, a digital consultant and former Amazon executive.” Read more   Amazon has quietly launched an exclusive line of over-the-counter health products at CNBC. "The e-commerce giant launched the Basic Care line in August, including 60 products ranging from ibuprofen to hair regrowth treatment." Read more   Home Depot Expects Lower Taxes, [...]

  Marc Lore Eyeing Exit at Walmart? by Lisa Fickenscher at NY Post. "I wouldn’t be surprised if he left,” said Edward Jones analyst Brian Yarbrough. “I’m not convinced that Marc Lore and the other members of Jet.com leadership team are truly in it for the long haul,” added Brittain Ladd, a digital consultant and former Amazon executive.” Read more   Amazon has quietly launched an exclusive line of over-the-counter health products at CNBC. "The e-commerce giant launched the Basic Care line in August, including 60 products ranging from ibuprofen to hair regrowth treatment." Read more   Home Depot Expects Lower Taxes, [...]

    Walmart Q4 US Comp Sales +2.6% / Sam's Club +2.4% Press release   ...Walmart earnings miss estimates at CNBC. "Earnings per share: $1.33, adjusted, vs. $1.37 expected. Revenue: $136.3 billion vs. $134.9 billion expected. U.S. same-store sales: an increase of 2.6 percent vs. a 2.2 percent rise expected." Read more   ...Walmart's online sales grew 23% in the holiday quarter, slower than the previous quarter's 50% increase at Fox Business. Read more   Home Depot Q4 Comp Sales +7.5% Press release   ...Home Depot's profit, sales top estimates on higher traffic, spending at Reuters. "Excluding one time items, the [...]

  Walmart in talks to buy more than 40 percent of India's Flipkart - sources by Sankalp Phartiyal at Reuters. "Besides its own e-commerce site, Flipkart owns fashion portals Myntra and Jabong, and controls nearly 40 percent of India’s online retail, ahead of Amazon, according to estimates by research firm Forrester. It is also looking into expanding into grocery deliveries." Read more   What Stores Do With $90 Billion in Merchandise Returns by Erica E. Phillips at Wall Street Journal. "These post-retail sales, including both returns and overstocked items, totaled $554 billion in 2016, and have been growing at about [...]