Tipsheet: Ex-Dick’s CFO Settles | W.Foods Poaches Sam’s Exec | H.Dep #1 in Radio | Target Shopper Shaken | Clinton/Wmart Mtgs
Hudson’s Bay: Comp sales +1.9% but fell 1.3% on a constant currency basis by Hollie Shaw at Financial Post. Read more | Press release
HD Supply Q2 Sales +4.1% “Operating income increased $14 million, or 6.3 percent, to $237 million for the second quarter of fiscal 2016.” Press release
…MarketWatch: HD Supply offers weak profit and revenue outlook Read more
Whole Foods Poaches Sam’s Club VP of Marketing “As Global Vice President of Marketing, Sonya Gafsi Oblisk will lead the company’s marketing, advertising and brand development efforts…As Global Vice President of Team Member Services (HR), Martin Tracey will have strategic responsibilities for the end-to-end team member experience…As Global Vice President of Communications, Brooke Buchanan will lead Whole Foods Market’s public relations, internal communications and government affairs efforts.” Press release
Former Dick’s CFO to get $767K severance package at The Tribune Review. “Teri List-Stoll, who left (Dick’s) last month for undisclosed reasons, also will keep a $115,000 discretionary bonus she was paid in April and receive $26,400 for unused vacation time, according to a separation agreement reached with the company on Sept. 1. The severance payments will stop, however, should she find another job that pays her at least $750,000 annually.” Read more
Target kicks off Fashion Week with sing-along event at AP via Yahoo. “Target’s custom-built bar on West 33rd Street will be open to the public from Thursday through Saturday…”It will be a chance for fashion fans to come, rest, relax and get some food and beverage,” says Rick Gomez, senior vice president of marketing at Target.” Read more
Dick’s Announces First D.C. Store – Set to Open Store #659 by Patty Tascarella at Pittsburgh Business Times. Read more
TWEET – Jeff Jones @jjones: As I begin my last week @Target just one thing to say to the amazing people in stores and HQ… #redandkhakifan #GSD
Casey’s Posts Record First Quarter Earnings “Fuel – For the quarter, same-store gallons sold were up 3.1%…Grocery and Other Merchandise – same-store sales were up 4.7%…Prepared Food and Fountain – Same-store sales for the quarter were up 5.1%.” Press release
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Walmart stores around Tampa Bay found selling expired products, including baby food by Justine Griffin & Alli Knothe at Tampa Bay Times. “Walmart took notice of the issue Tuesday, both at the corporate level and at the St. Petersburg location cited by Wyman, where workers were busy rechecking expiration dates Tuesday morning.” Read more
Harris Teeter bringing first fuel center to N.C. Triangle region by Amanda Hoyle at Triangle Business Journal. Read more
Home Depot Flirts with 60K Weekly Radio Spot Count – Retakes #1 Spot at Inside Radio. “No. 3 is AutoZone, up from last week’s No. 6; No. 4 is Burger King, returning to the top 10 from 13; No. 5 is JC Penney, up from 11; and Lowe’s is No. 6, up from 10.” Read more
Dozens constructing Dick’s warehouse say wages ‘unfair’ at 12 Action News. “More than two dozen people say they’re standing up for fair wages as construction on the new DICK’S Sporting Goods distribution center begins…” See the video / Read more
‘Urban’ Target store headed to High Street near Ohio State campus by Tim Feran at The Columbus Dispatch. Read more
…Target store openings into 2018 See the list
Calendar Shows Hillary Clinton Meetings With Doug McMillon & Walmart Execs by Peter Nicholas & James V. Grimaldi at Wall Street Journal. “…on Sept. 16, 2011, Mrs. Clinton convened a summit in San Francisco, where she gave a speech on empowering women. Before the speech, according to her calendar, Mrs. Clinton met with nine executives from Wal-Mart Stores Inc….In the spring of the next year, Wal-Mart pledged to help women in Latin America with a $1.5 million donation in grants to 55,000 women entrepreneurs through a public-private partnership.” Read more (subscription)
Amazon-Wells Fargo Student-Loan Plan Ran Into Political Obstacles by Annamaria Andriotis at Wall Street Journal. “…the office of Sen. Warren—an outspoken critic of private student lenders and a member of the Health, Education, Labor and Pensions committee that oversees federal student lending—met with Amazon to discuss the partnership, according to a person familiar with the matter…The office of Illinois Democrat Sen. Durbin also reached out to Amazon to express concern.” Read more (subscription)
Tipsheet Extra Stories
Sam’s Club China wins 2016 Asia Fruit Award
Target Shopper Shaken by Face-to-Face Encounter with Suspected Peeping Tom
Longaberger HQ – Selling a $5 Million, Seven-Story Basket Is No Picnic
Mompreneur Makes Big Shark Tank Splash With The Spatty
The avg. U.S. household is enrolled in 29 loyalty programs, but actively participates in only 12
Target: Beautycounter’s better for you beauty products are almost here
Postmates is raising at least $100 million in a round led by Founders Fund
How Rebecca Minkoff Keeps Disrupting the Fashion Industry
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