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Dollar Tree Enterprise comp sales +1.0%: Family Dollar -0.4% / Dollar Tree +2.3% Press release Express Q3 comp sales flat Press release Kirkland’s Q3 comp sales +1.4% Press release SNEAKY – Amazon is sneaking ads into baby registries at Fast Company. “And the ads look so similar to actual products requested […]
Burlington Q3 comp sales +4.4% Press release …Burlington Earnings Growth Crush Estimates; Stock Soars at Investor’s Business Daily. Read more Tiffany Q3 worldwide net sales +4.0% Press release …Tiffany misses sales estimates on weak spending by Chinese tourists at Reuters. “Tiffany’s comparable-store sales, excluding the impact of currency changes, rose 3 […]
Cyber Monday sales break a record, with $7.9 billion spent online: Adobe at CNBC. “…an increase of 19.3 percent from a year ago…Mobile transactions by themselves grew 55.6 percent Cyber Monday compared with last year to reach $2.2 billion in sales.” Read more …Cyber Monday was Amazon’s single biggest shopping day in the […]
Cyber Monday to test limits of retailers’ websites as shoppers scour deals at Reuters. “…expected to be the largest U.S. online shopping day in history, yielding $7.8 billion in sales or 17.6 percent growth over last year, according to Adobe Analytics.” Read more Lowe’s, J.Crew, Lululemon, Walmart, and Ulta experienced problems with their websites […]
Walmart asks California ‘Wallywood’ fire survivors to move on by Molly Sullivan & Ryan Lillis at Sacramento Bee. “Multiple evacuees interviewed by The Sacramento Bee Tuesday before the Walmart notice was posted said they wanted to stay close to Paradise in the hopes that evacuation orders would soon be lifted…“We’re not leaving because this […]
Target Q3 Comp Sales +5.1% / Traffic Growth +5.3% / Online +49% Press release …Target shares slide after disappointing 3Q earnings results by Anne D’innocenzio at AP. “Target exclusively told The AP that it’s redesigned the pack stations, while workers’ tasks are now divided into clear roles: pickers, those who prep orders, packers […]
Florida sues Walgreens, CVS over opioid sales at CNBC. “CVS spokesman Mike DeAngelis called the lawsuit “without merit” in a statement Saturday…Walgreens said Saturday it doesn’t comment on pending lawsuits.” Read more J Crew’s CEO is stepping down less than two years into the job at CNN. “…the company said that Jim Brett […]
Bernie Sanders targets Walmart with bill that would prevent stock buybacks unless companies pay workers $15 minimum wage at CNBC. “The Walton family, the owners of Walmart, are the wealthiest family in America with a net worth of about $180 billion. Meanwhile, most Walmart retail workers are working for horrendously low wages with minimal […]