Entries by jlong

Tipsheet: WM +4.2% | Saks Gunshot Detectors | Dollar Stores Cause Poverty?

  Walmart Q4 comp sales +4.2% in U.S (vs. +3.2% expected) at CNBC. “Online sales were up 43 percent during the fourth quarter, matching growth during the previous quarter. Walmart said that, for the year, it achieved e-commerce sales growth of 40 percent, which it had been targeting.” Read more   Payless ShoeSource plans to close all […]

Tipsheet: Kroger Pay Expands | Amazon Ships 26% | Alibaba Eyes Metro

  US retail sales suffer steepest drop in nine years by Sylvan Lane at The Hill. “Advance estimates of December 2018 retail and food services sales…fell 1.2 percent from the previous month, to $505.8 billion, according to the Census Bureau.” Read more   Alibaba in talks on stake in China operations of Germany’s Metro at Reuters. […]

Tipsheet: Amazon @ Coachella | REI CEO Out | Wegmans ‘PB Smooth’ Wrestler

  CVS Health shows off new HealthHUB store design in Houston at CNBC. “The three new pilot stores in Houston, Texas have been redesigned with much more space devoted to services to help customers manage chronic conditions like diabetes, hypertension and asthma.” Read more/Pics   REI CEO steps down following revelation of outside personal relationship […]

Tipsheet: WM/Deliv Dead | F.Locker +Goat | Barney’s CBD Shop | Amazon Birth Home 4 Sale

  Walmart and Deliv end online grocery partnership by Nandita Bose at Reuters. “Deliv…served the retailer with a 90-day termination notice, and the two companies stopped working with each other in late January…(Walmart) said it still partners with seven delivery firms, including DoorDash and Postmates.” Read more   Foot Locker gains digital expertise with $100 […]

Tipsheet: WM ‘Galentine’s Day’ @ 1,011 | Target Creative +450 | Inside Apple’s ‘Black Site’

  Shoplifter extortion case against Walmart, other retailers is dismissed at Reuters. “U.S. District Judge Lucy Koh in San Jose, California, found no proof of a nationwide conspiracy to steer accused shoplifters into paying $400 up front or $500 in installments for the classes from Utah-based Corrective Education Co, and admitting guilt, to avoid prosecution.” […]