T.Supply +3.9% | Dick’s Kills Dick’s | UK Shoplift +13%
Tractor Supply Q3 comp store sales +3.9% “Net Sales Increased 7.2%…Comparable Average Transaction Growth of 2.7%…Gross profit increased 7.7%” Press release
As many retailers shrink their footprints, Dick’s Sporting Goods goes big at CNBC. “The retailer is building more sprawling “House of Sport” stores, which typically come in at 120,000 to 150,000 square feet, more than double the 50,000 for its traditional locations…“We needed to build the concept that will kill Dick’s Sporting Goods,” Edward Stack…told CNBC in an exclusive interview…” Read more/9:19 video
Time: The Best Inventions of 2025 Full list
Amazon introduces ‘Blue Jay’ warehouse robot that performs multiple tasks at once at CNBC. “Blue Jay combines “what used to be three separate robotic stations into one streamlined workplace that can pick, sort, and consolidate in a single place”…Amazon is testing Blue Jay at one of its warehouses in South Carolina. So far, the company has observed that the system is able to pick, pack, stow and consolidate “approximately 75% of items we store at our sites.” Read more
Walmart CFO set to join Microsoft board at GeekWire
Shoplifting Offenses Rise 13% as UK Retailers Battle Crime Wave Bloomberg subs.
An armed gang of shoplifters is terrorizing NYC supermarkets at NY Post. “Every time they come in, they are stealing about $800 worth of Dominican salamis,” Efrain Castro, who owns a Fine Fare in Upper Manhattan, told The Post…They say it’s pointless to call the authorities when the same offenders get freed after repeatedly being charged with low-level offenses – if at all.” Read more
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Walmart pauses job offers to workers needing H-1B visas after Trump’s $100,000 fee at USA Today
Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger at CNBC. “The glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers.” Read more
Walmart promotes execs to top financial roles at Talk Business. “Dwayne Milum, 50, was appointed senior vice president and controller of Walmart Inc….He succeeds David Chojnowski, who will be senior vice president and treasurer.” Read more
Amazon unveils AI smart glasses for its delivery drivers at TechCrunch. “When a driver parks at a delivery location, Amazon says the glasses automatically activate. The glasses help the driver locate the package inside the vehicle and then navigate to the delivery address.” Read more
Smart beds flipped out during the AWS outage, and so did their sleepy owners at Washington Post/MSN. “As the outage caused cloud servers to fail, people reported being awoken in discomfort by beds that locked in an upright incline, became unbearably warm, blinked flashing lights or even sounded a wake-up alarm.” Read more
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