Dick’s Q4 comp sales +5.3% Press release

 

…Dick’s shares jump – pulling guns from another 440 stores this year “Comp sales up 5.3% vs. growth of 3% expected.” Read more

 

Stitch Fix shares crater more than 35% as sales miss and outlook disappoints at CNBC. “On the heels of its disappointing second-quarter results, Stitch Fix said it now expects net revenue in fiscal 2020 to range between $1.81 billion and $1.84 billion. Analysts had been calling for $1.92 billion, according to Refinitiv data.” Read more

 

Apple will reportedly give retail workers unlimited sick leave if they show symptoms of COVID-19 at Business Insider. Read more

 

Weis Markets Q4 comp sales +1.4% Press release

 

Tapestry CEO agrees to stay at company for three years, Coach brand president to resign at CNBC. “Joshua Schulman, the CEO and brand president of Coach, will leave the company after a transition period…” Read more

 

Amazon tells employees in New York and New Jersey to work from home as coronavirus spreads at CNBC. Read more

 

**A message from Sweets & Snacks Expo: The Most Innovative New Product Awards program showcases the most innovative ideas, concepts & products in candy and snacks! View the 2019 award winners | Register/Website

 

Walgreens and Postmates expand on-demand delivery service collaboration to thirteen new cities Press release

 

99 Cents Only Stores names Barry Feld CEO “Most recently, he spent fifteen years as the Chief Executive Officer and President and, later, the Executive Chairman of Cost Plus World Market.” Press release

 

Claire’s Stores names Michael Schwindle as CFO “Schwindle most recently served as CFO for Fleet Farm, where he led Finance, Human Resources, and Information Technology.” Press release

 

McMillons increase support for Innovation Studio by $1 Million at University of Arkansas. “The additional gift brings the McMillons’ total support of the studio to $2 million.” Read more

 

Walmart’s John Furner to speak October 2nd at Arkansas Business Executive Leadership Academy at Arkansas Business. Read more

 

Meet The Billion-Dollar Family Company That Makes Purell by Will Yakowicz at Forbes. “According to the New Yorker, their first big Purell customer was upstate New York grocery store chain Wegmans. In the early 1990s Wegmans stationed dispensers throughout the store for use by both employees and customers.” Read more

 

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