Tipsheet: D.Gen +4.0% | 7-11 Tank Explodes | WM Revamps Frozen


Dollar General Q4 comp sales +4.0% (vs. +2.6% estimate) Press release


…Reuters: Dollar General 2019 profit forecast falls short of estimates “The company said it expects fiscal 2019 earnings of $6.30 to $6.50 per share, below the average analyst estimate of $6.65…” Read more


Stein Mart Q4 comp sales -3.5% Press release


Walmart work underway to revamp frozen food perceptions by Kim Souza at Talk Business. “Laura Rush, VP & DMM over frozen foods at Walmart, spoke to more than 50 suppliers and business people Wednesday at the…WalStreet Fireside Chat breakfast. “Frozen is no longer taboo,” Rush said. “Frozen foods are evolving through innovation.” Read more


Smart & Final Q4 comp sales +1.9% Press release


Explore Amazon’s wide Washington reach by David McCabe & Erica Pandey at Axios. “Amazon lobbied more federal entities last year than any other public U.S. company, pressing its case throughout the government at a time when its power and reach is under a magnifying glass.” Read more


Walmart Turns to Food Delivery to Fend Off Amazon by Sarah Nassauer at Wall Street Journal. “Walmart was caught off guard after it began offering to deliver fresh groceries from a store in North Bergen, N.J., earlier this month, only to find orders flooding in from across the Hudson River. Drivers from DoorDash Inc. balked at paying the usual $15 toll to cross into Manhattan, store workers said; one driver was offered $11 to make the trip. Some orders were never filled…” WSJ subs.


Walgreens Names Heather Dixon SVP, Global Controller and Chief Accounting Office Press release


WeWork Labs is launching a food tech accelerator by Anthony Ha at TechCrunch. “When asked whether this could provide a template for WeWork to launch other industry-focused programs, Adler said, “It is likely that there will be more verticalized Labs programs over time.” Read more


**A message from 2019 Sweets & Snacks Expo – See the category innovation of 2019 all in one place! Items selected during the Sweets & Snacks Expo’s Most Innovative New Product Awards go on to enjoy sweet success – see the 2018 New Product winners hereChicago’s McCormick Place, May 21-23. Exhibitors | Register Now


Walmart US CEO asked workers to email him their biggest complaints, and a surprising theme emerged by Hayley Peterson at Business Insider. “…I ended up getting about 2,700 emails.”…A surprising theme emerged…Workers wanted toilet-seat covers returned to the stores’ restrooms.” Read more


Critics were angry about Amazon’s $3 billion in tax breaks, but Hudson Yards gets more at Crain’s New York Business. “(The Amazon) price tag is well exceeded by the $6 billion in tax benefits and supporting infrastructure associated with The Related Cos. and Oxford Properties Group’s estimated $25 billion Hudson Yards redevelopment in the next decade.” Read more


IRI partners with the 10 largest c-store chains in the U.S. Press release


Boxed founder on early startup challenges: His neighbors would warn their kids not to go near the garage. His disappointed mother-in-law once told him, “I knew you weren’t the one.” by Talib Visram at Inc. Read more


Mercer’s Top Ranked Cities for Quality of Living Press release


Walmart Readies Introduction of Low-Priced iPad Rival by Matthew Boyle at Bloomberg. “The device will be made by a Chinese supplier and run on Google’s Android operating system, according to photos found on a database of wireless product applications filed with the U.S. Federal Communications Commission.” Tiered subs.


Investigation continues into 7-Eleven gas tank explosion at WPVI ABC 6. “All of a sudden we heard like a big boom! Like, I thought it was a meteor. I thought like a plane crashed or something – all the flames,” said Joan Hernandez of Feltonville.” Video/Read more


Tipsheet Extra Stories

Kroger sells digital coupon business for $565M

Amazon driver sues man who shot him over handicapped spot

Aurora Cannabis Surges 14% as Nelson Peltz Joins as Strategic Advisor

This robot gripper looks like a wilted flower & can lift 100 times its own weight

‘Captain Marvel’ Songs by Hole, Nirvana & More Post 464% Sales Gain

Read Tipsheet Extra Stories



Eye on Retail Tipsheet is must-read material for retail execs every weekday morning. Tipsheet stories are carefully curated bright and early every morning to ensure fresh and unique content.


Subscribe to Eye on Retail Tipsheet here


Contact us: Send story tips, press releases and advertising inquiries to