Entries by jlong

Tipsheet: Cyber Mon +15.1% | Kohl’s/Sephora +850 | F.Locker CFO Search

  Online sales reach $10.8 billion on Cyber Monday, the biggest U.S. e-commerce day ever, Adobe says at CNBC. “Cyber Monday spending rose 15.1% year over year, according to Adobe, which analyzes website transactions from 80 of the top 100 U.S. online retailers. That came in short of Adobe’s original forecast of $12.7 billion. The […]

Tipsheet: Oct Home Sales -1.1% | B.Fri In Store -52% | Can. Grocery Probe

  October pending home sales fall unexpectedly, as high prices take their toll on buyers at CNBC. “Pending home sales fell 1.1% month-to-month in October but were 20.2% higher compared with October 2019…“The housing market is still hot, but we may be starting to see rising home prices hurting affordability,” said Lawrence Yun, chief economist […]

Tipsheet: Dick’s +23.2% | B.Buy +23% | Wegmans #1 Workplace

  Dick’s Sporting Goods Q3 comp sales up 23.2% / Ecom +95% Press release   …Lauren R. Hobart named President and CEO “Ms. Hobart brings more than 25 years of finance, consumer and retail experience and spent 14 years at PepsiCo in various leadership roles before she joined Dick’s as Chief Marketing Officer in 2011. […]

Tipsheet: WM New WFH Date | Amazon Sidewalk Bot | Retailers Edit Choices

  Walmart corporate employees to work remotely until July 5, 2021 at Talk Business. “According to the memo, (Chief People Officer) Morris said its longer-term view is that it is important for employees to work together in campus offices for the majority of the organization. Morris said working on campus is important to the culture […]

Tipsheet: BJ’s +18.5% | Ace +28.9% | Bath & Body +55% | DoorDash Gifting

  BJ’s Wholesale Club Q3 comp sales (ex-gas) up 18.5% “Adjusted EBITDA increased by 57.1% year-over-year to $242.2 million, for the third quarter of fiscal 2020.” Press release   October existing home sales see ‘spectacular’ 26.6% annual gain even with short supply and surging prices at CNBC. “There were 1.42 million existing homes on the […]

Tipsheet: HD Supply Acquired | Guitar Center Deal | Amazon & WM Ad

  Home Depot Announces Agreement to Acquire HD Supply “The Home Depot will commence a cash tender offer to purchase all outstanding shares of HD Supply common stock for $56 per share, for a total enterprise value (including net cash) of approximately $8 billion.” Press release   Amazon Black Friday Deals Week Starts Friday, November […]