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Wal-Mart takes weekly circular digital with new ‘Live Better’ focus by Kim Souza at The City Wire. “The normal tab we send out every weekend, we are changing how we do that. For one thing we will be doing it less frequently,” (Steve) Bratspies said…“It is going to be integrated in the technological world. […]
Costco comparable sales fall 1 percent, miss Street forecasts at Reuters. “Excluding the impact of fuel prices and currency, comparable sales rose 6 percent, still missing analysts’ estimates of 6.20 percent growth.” Read more …Costco Q3 Earnings Release Read here Peeking inside new Costco in Rochester, NY – opens June 5th by Pat […]
Lilly Pulitzer called out for fat-shaming by Mara Siegler at NY Post. “Along with shots of Lilly products and staff, the site showed a wall decorated with a drawing of a woman with sagging fat in a bikini that says, “Put it down carb face.” The other says, “Just another day of fat, white […]
Lilly Pulitzer called out for fat-shaming by Mara Siegler at NY Post. “Along with shots of Lilly products and staff, the site showed a wall decorated with a drawing of a woman with sagging fat in a bikini that says, “Put it down carb face.” The other says, “Just another day of fat, white […]
Amazon to stop funneling European sales through low-tax haven by Mark Scott at NY Times via Seattle Times. “The European Commission, the executive arm of the European Union, is also investigating whether Apple and Amazon receive unfair state support through low-tax agreements in Ireland and Luxembourg, respectively, where the companies run their European operations.” […]
Lowe’s Q1 US Comp Sales +5.3% “Lowe’s today reported net earnings of $673 million for the quarter ended May 1, 2015, a 7.8 percent increase over the same period a year ago.” Read the release Lowe’s Earnings & Revenues Miss Estimates by Katie Little at CNBC. “Total same-store sales rose 5.2 percent. Analysts […]
Home Depot Q1 US Comp Sales +7.1% “Comparable store sales for the first quarter of fiscal 2015 were positive 6.1 percent…the Company raised its fiscal 2015 sales guidance and now expects sales will be up approximately 4.2 percent to 4.8 percent and comp sales will be up approximately 4.0 percent to 4.6 percent.” Read […]
Target Puts Some Food Suppliers on the Back Burner by Paul Ziobro at WSJ. “In grocery, the company has a clear idea of what will fit in “signature” and “perform,” but is still working out what will qualify for the middle category. The difference is crucial. Brands that fall into the bottom “perform” category […]