Tipsheet: F.Dollar Shutter 400 | WM New Fashion DC | Exec Women Like JCP
Dollar Tree Enterprise Q4 comp sales +2.4% (Dollar Tree +3.2%, Family Dollar +1.4%) Press release
…Family Dollar will close nearly 400 stores at CNN Money. Read more
Ross Stores Q4 comp sales +4% Press release
FreshDirect is extending its service into more parts of Connecticut and expanding its reach in the Washington, D.C. Metro Area “Additionally, FreshDirect is now offering a same day delivery service enabling customers to place a FreshDirect order before 10am and receive it later that evening.” Press release
United Natural Foods Q2 legacy sales +5.8% Press release
Bentonville home for new Walmart fashion distribution center by Kim Souza at Talk Business. “On Tuesday, Walmart executives unveiled the new 1.25 million-square-foot facility (DC 7842) at 5800 S.W. Regional Airport Road in Bentonville. It’s one of six warehouses focused on apparel for Walmart U.S….the expansive warehouse serves 452 stores in 15 states. Walmart said the new DC will eventually serve 1,000 stores…” Read more
Abercrombie & Fitch Q4 comp sales +3.0% Press release
Asbestos found in Claire’s cosmetics, FDA says at CNN. “The three Claire’s products are not believed to be for sale, but consumers who have them at home should stop using them, the FDA said.” Read more
Chico’s Q4 comp sales -3.8% Press release
Chico’s brand names new President – Karen McKibbin, Ex-Nordstrom Rack President Read more
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J.Jill Q4 comp sales -1.7% Press release
Urban Outfitters Q4 comp sales +4.0% “Urban Outfitters posted stronger-than-expected fourth quarter earnings Tuesday as the retailer notched record sales over the holiday period.” Read more
…Urban Outfitters starts 2019 on frosty note, shares slip at CNBC. “Urban Outfitters said on Tuesday that the year had started off weaker than expected…The owner of Anthropologie and Free People also forecast a possible drop in same-store sales in the current quarter.” Read more
FDA chief Scott Gottlieb resigns at The Hill. “The rule has not been made public yet, but Gottlieb has previously proposed limiting the sales of most flavored e-cigarettes to age-restricted, in-person locations, effectively ending sales at gas stations and convenience stores.” Read more
RH appoints Jack Preston as CFO Press release
National Association for Female Executives names top 70 companies for executive women (Chico’s, JCP, Visa) List
Target won’t be expanding around the world anytime soon by Brian Sozzi at Yahoo Finance. Video/Read more
Full details of Amazon’s HQ2 deal with Arlington County, Va., revealed for the first time by Monica Nickelsburg at GeekWire. Read more
Jeans maker Diesel USA files for bankruptcy at Reuters. “In a court filing, Chief Restructuring Officer Mark Samson said Diesel USA has no plans to close, but intends to exit some of its 28 stores.” Read more
Tipsheeet Extra Stories
Amazon driver shot in dispute over handicapped parking spot outside Target store
Pabst Blue Ribbon Whiskey? Signs point to yes
Outrage in Brooklyn over ’40 Ounce’ water bottle that looks like malt liquor
Work resumes at big Seattle retail space long linked to Amazon
LinkedIn reveals recruiters are less likely to click on a woman’s profile when headhunting
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