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US retail sales rose slightly in September, adding to months of big gains at AP. “Sales increased 0.2% last month from August, the Commerce Department said Tuesday…The retail sales figures suggest that Americans as a whole are still willing and able to boost their spending…” Read more TikTok Shop Pushes Into Luxury Retail […]
Walmart Q3 comp sales +4.5% (ex-fuel) / Op Income -0.2% / Sam’s Club comp +3.8% (ex-fuel) / Walmart Int’l net sales +11.4% / Walmart US ecom +28% Press release …Walmart to Transfer Stock Exchange Listing to Nasdaq Press release Walmart in talks to acquire Israeli-founded startup to combat scams, counterfeits at CNBC. […]
Home Depot Q3 comp sales +0.2% / US comp sales +0.1% Press release …Home Depot cuts earnings outlook as home improvement demand falls short of expectations at CNBC. “The retailer said it now expects full-year sales will climb about 3% and comparable sales…to be slightly positive. That compares to its previous expectations for […]
Target’s new 10-4 policy at USA Today. “The new policy requires employees who are within 10 feet of customers to smile, make eye contact, wave, and use friendly, approachable, and welcoming body language…” Read more The Credit-Card Rule That Powers Rewards Cards Just Got Broken at WSJ. “Under terms being discussed, Visa and […]
Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up at CNBC. “The company is now rolling out a new approach that designates only some of its stores as locations where employees pick and pack orders in cardboard boxes to ship to customers’ homes. Other stores have stopped […]
Instacart Debuts White-Label AI Shopping Chatbot in Enterprise Push at Bloomberg. “The company said Tuesday that its AI shopping assistant will be offered as part of its white-label e-commerce service, which powers the online shopping sites for some grocery chains like Sprouts Farmers Market Inc. and Publix Super Markets Inc. The chatbot will be […]
Target: Early Black Friday & Alpine Villages “…each of Target’s…stores will transform into nostalgic Alpine Villages filled with festive décor…(and) will have weekend events in each store throughout the season…Target’s three-day Early Black Friday Sale is back Nov. 6-8.” Press release Advance Auto Parts Q3 comp sales +3.0% Press release How a […]
Amazon laying off about 14,000 corporate workers as it invests more in AI at CNBC. “This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones),” Beth Galetti, SVP of people experience […]