Entries by jlong

Tipsheet: Analyst Warns on WM | Target/Kohl’s Best @ Returns | Bezos @ India

  Grubhub insists it’s not exploring a sale by John Pletz at Crain’s Chicago Business. “Grubhub: ‘In fact, we believe that given the current pressure on profits across our public and private competition, there will likely be strategic opportunities to acquire share this year— given that our profitability is secure.’” Read more   …Walmart, other […]

Tipsheet: Cornell Apologizes | HEB CEO #2 | WM Open Call Today

  Target CEO Brian Cornell reiterates forecast, apologizes to customers for weekend outages at CNBC. “There was no impact to the company’s earnings forecast as a result of the outage, said Cornell in an interview on Wednesday with CNBC’s Becky Quick on “Squawk Box.”…“Within a couple of hours, our teams were able to identify the […]

Tipsheet: Target 2X Outage | LAPD Eye Costco Shooter | WM Drone Patents

  A glitch stalled checkout lines at Target stores worldwide Saturday at AP News. “After an initial but thorough review, we can confirm that this was not a data breach or security-related issue, and no guest information was compromised at any time,” Target said.” Read more   …TARGET SAYS SUNDAY OUTAGE NOT RELATED TO SATURDAY […]

Tipsheet: Big Y #23 Diversity | Amazon #6 Remote Jobs | Home Sales -11%

  Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid at Reuters. “The billionaire’s proposal, made through his hedge fund ESL Investments Inc, will save up to 45,000 jobs and keep 425 stores open across the United States.” Read more   Nordstrom says sales at some stores ‘below expectations’ this holiday season […]