This author has yet to write their bio.Meanwhile lets just say that we are proud jlong contributed a whooping 1419 entries.
CVS shares drop on mixed results, disappointing forecast “For the full year of 2019, CVS forecasts adjusted earnings between $6.68 and $6.88 per share, below the $7.41 per share analysts polled by Refinitiv had expected.” Read more | Press release Companies were boxed off to avoid spies at this year’s Toy Fair by […]
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 […]
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. […]
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 […]
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 […]
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.” […]
JC Penney will stop selling appliances at the end of this month at CNBC. “The company also said that furniture is soon only going to be available online and in select stores in Puerto Rico. It plans to use excess space in stores, moving forward, to focus on its “legacy” categories like apparel and certain […]
Apple’s retail chief Angela Ahrendts to leave the company in April at CNBC. “Deirdre O’Brien, who has worked at Apple for three decades, will take on an expanded role as a senior vice president of Retail + People, Apple said. O’Brien previously held the title of vice president of people, and Apple said she […]
