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Shoppers boost retail sales 0.9% in March by Shan Li and Samantha Masunaga at LA Times. “The lift in spending was a welcome sign after a winter of sales declines but fell below economists’ estimates of a 1% or higher jump in March from February.” Read more Wal-Mart defeats bid for shareholder vote […]
Home Depot’s Hal Lawton Exits for eBay by Ina Steiner at EcommerceBytes. “(Hal) Lawton, who previously worked at consulting firm McKinsey & Co., will become head of eBay North America, a position Christopher Payne held for 4 years before becoming CEO of dating site Tinder last month.” Read more Target hires former Safeway, PetSmart […]
New York Retailers Scrutinized for Schedules and Staffing by Hiroko Tabuchi at NY Times. “The office of the New York attorney general, Eric Schneiderman, is investigating 13 large retailers over whether increasingly unpredictable and on-call work schedules adopted by some employers in the retail sector violate New York labor laws…Mr. Schneiderman’s office said in […]
Lowe’s to eliminate pesticides that hurt crop pollinating honeybees at Reuters. “Lowe’s said it will phase out neonics in shelf products and plants by the spring of 2019, as suitable alternatives become available…Last year, BJ’s Wholesale Club said it was asking all of its vendors to provide plants free of neonics by the end […]
TargetExpress coming to Chicago in October by Alexia Elejalde-Ruiz at Chicago Tribune. “The 24,000-square-foot shop at 401 E. Illinois St., less than one-fifth the size of a traditional Target, will house a Starbucks and carry merchandise geared toward neighborhood shoppers swinging by as they walk or bike home from work, Target spokeswoman Kristy Welker […]
Dollar Tree says FTC wants 340 stores sold ahead of Family Dollar deal at Reuters. Read more Rite-Aid Q4 Comp +4.5% (Front-End +2.0%) Read the release Is Wal-Mart asking suppliers to fund Savings Catcher? by Kim Souza at The City Wire. “Wal-Mart spokeswoman Molly Blakeman said she was not unable to substantiate […]
Wal-Mart to pay referral eVouchers for its grocery pickup test by Kim Souza at The City Wire. “The world’s large retailer is now offering users up to $100 in referral e-Vouchers for sharing their referral across their social media feeds on Facebook and Twitter…The retailer states on its website that the eVoucher payments are […]
Wal-Mart exec: Credit card upgrade a ‘joke’ by Jose Pagliery at WTTV 4 via CNN Money. “The fact that we didn’t go to PIN is such a joke,” (Mike) Cook told CNNMoney….“Signature is worthless as a form of authentication,” Cook said during a presentation at the conference. “If you look at the Target and […]