Thursday Tipsheet: Wmart’s Simon Retiring | 16 Pics @ Target Express | D.Gen’s Diaper Ad


Walmart’s Bill Simon Retiring, Greg Foran Promoted to President and CEO of Walmart U.S.”Foran will assume his responsibilities on August 9 and will report directly to Walmart President and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.” Read the release


“Dollar General’s Diaper Ad Spells Trouble for Walmart & Target” by Shelly Banjo at WSJ.  “Dollar General Corp. offered a discount on diapers earlier this summer that ended up clogging checkouts at rivals Wal-Mart Stores Inc. and TargetCorp. , which were swarmed by shoppers trying to use the promotion to get an even better deal. Call it diaper arbitrage…Within days, Wal-Mart stopped honoring the deal. Target too. That caused its own uproar from customers who lost out on the deal.” Read more


16 Photos Inside the New/First TargetExpress by Nick Halter at Minn./St. Paul’s Bus. Journal.  See the 16 Pics


“Why Is Wal-Mart Preparing For A Major Earthquake On The New Madrid Fault?” by Michael Snyder at Investment Watch. “Buried in a Wall Street Journal article from about a week ago was a startling piece of information. According to a Wal-Mart executive, Wal-Mart “participated in an exercise to prepare for an earthquake on the New Madrid fault line” earlier this summer.” Read more


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Today’s Earnings Calls:


Q2 2014 Inc Earnings Conference Call at 2pm PT  Webcast


Q2 2014 Cabela’s Inc. Earnings Conference Call at 11am ET  Webcast


Save-a-Lot Network Comp Sales +5.6% in Q1  Read the release


“World’s #3 Home Improvement Retailer Sees Sales Dip 4.3% in June” at Reuters.  “Kingfisher, Europe’s largest home improvements retailer, suffered a sharp slowdown in trading in June, particularly in France and Poland, and said on Thursday it did not know why.” Read more


“Tractor Supply Q2 Comp Sales +1.9%” “Net sales for the second quarter of 2014 increased 8.8% to $1.58 billion from $1.46 billion in the second quarter of 2013.  Comparable store sales increased 1.9% versus a 7.2% increase in the prior year’s second quarter.” Read the release


“Blinking light in Walmart fitting room causes stir” by Gabrielle Burkhart at KRQE 13 News Albuquerque.  “A red blinking light hidden inside a Walmart fitting room is causing a stir on Facebook. Some people are worried they’re being recorded. Walmart says they’re not, so what is it?” See the video / Read more



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