Tipsheet: Lowe’s +5.1% | D.Tree +2.3% | B.Buy -0.9% | Cornell @ CNBC | Wmart +9% Satisfaction


Lowe’s Q4 Comp Sales +5.1% “For the fiscal year, sales were $65.0 billion, a 10.1 percent increase over the same period a year ago, and comparable sales increased 4.2 percent.” Press release


…CNBC: Lowe’s topped analysts’ estimates across the board Wednesday “For the first time in awhile in this quarter we actually had normalish weather, so Lowe’s may have benefited more from that than Home Depot” Nagel said.” Read more


Best Buy Domestic Q4 Comp Sales -0.9% Press release


…Fox Business: Best Buy Reports Drop in Same-Store Sales, Shares Sink “Net revenue fell 1 percent to $13.48 billion, missing the average analyst estimate of $13.62 billion, according to Thomson Reuters I/B/E/S.” Read more


Target CEO Appears on CNBC “Many of our competitors are aggressively rationalizing their assets. They’re cutting costs just to keep their heads above water,” Cornell said. “This contraction will create opportunities for Target to pick up market share over the long term.” Video/Read more


Q4 Comps: Dollar Tree +2.3% | Family Dollar +0.2% Press release


Inside Amazon’s first brick-and-mortar bookstore in Massachusetts by Kelly J O’Brien at Boston Business Journal. 17 pics/Read more


…has a Peet’s Coffee and Tea, the first Amazon Bookstore to have a coffee shop by Jordan Graham at Boston Herald. Read more


ACSI: Retailers Improve Customer Satisfaction Amid Store Closings “Department and discount stores: Dillard’s takes first place…In second place, JCPenney is the biggest gainer, up 11 percent to 82…Specialty retailers: Costco (+2%) leads with an ACSI score of 83, followed by a trio (Sam’s Club) at 81…With a big jump, Home Depot (+10% to 80) edges ahead of rival Lowe’s (+7% to 79) for the first time, as well as Menards (+1% to 79).” Press release


…Walmart scores jump 9% by Aimee Picchi at Moneywatch. “Walmart received a customer satisfaction score of 72, or 9 percent higher than its year-earlier score of 66.” Read more


Sneak peek: ​Cabela’s prepares for its first opening in D.C. area by Rebecca Cooper at Washington Business Journal. “Representatives of the Gainesville store are expecting thousands of people to attend the March 9 grand opening.” 26 pics/Read more


**A message from Hot Shot – There’s no place like home. And when you rule the roost, you do it all… keep the peace, dry the tears, mop up the messes – even squash the spiders. When bugs cross your threshold, count on Hot Shot® brand for practical, easy-to-use, effective home insect solutions that take care of the creepy-crawlies for you – without breaking the bank. Save the Day. Facebook page


Amazon Web Services outage reveals critical lack of redundancy across the internet by Nat Levy at GeekWire. “…outage knocked out access to a litany of websites and apps that run on AWS, including but not limited to Expedia, Slack, Medium, the U.S. Securities and Exchange Commission.” Read more


CST growth loses steam with fourth quarter earnings report by Katie Burke at San Antonio Business Journal. “…net income of $324 million for year-end 2016, nearly double the $149 million it posted for the year prior. However, that jump was announced alongside a considerable drop in fourth quarter income, which fell from $25 million to $18 million.” Read more


Ross Stores Q4 Comp Sales +4.0% Press release


Nearly one year after launch, Apple Pay finds limited traction in China by Emma Lee at TechCrunch. “Apple Pay is now accepted by 36 percent of merchants in the U.S., thus making it one of the most widely available mobile payment methods in the country. However, to date it has received a lukewarm — or perhaps even cold — reception in China.” Read more


Big 5 Q4 Comp Sales +3.1% Press release


Huh? Cramer says Target’s survival has everything to do with pizza by Abigail Stevenson at CNBC. “We have to question the entire relevance of Target, particularly if prices go up 20 to 25 percent … Three-year plan? How about a survival plan. There is no long-game anymore,” the “Mad Money” host said.” Video/Read more


Meet YouTube TV: Google’s Live TV Subscription Service by Tom Huddleston, Jr. at Fortune. Read more


Office Depot Q4 Total Sales -2.0% Press release


Apple to release $1k iPhone with curved screen and USB-C by Matt Burns at TechCrunch. Read more


Tommy Hilfiger Looks to Technology as It Combats Macy’s Decline by Stephanie Hoi-Nga Wong at Bloomberg. Read more


After Alberta pipeline spill goes undetected for 45 days, Murphy Oil fined $172,500 at Toronto Star. Read more


Home Depot store honors customer who died suddenly – lets family build his casket in store at KIRO 7. “Building the casket has helped Scott’s brothers deal with the sudden loss. “When we have something to focus on, it’s almost eliminated the heartbreak. You know, until tomorrow,” Keith said. Employees from the Home Depot store will be attending the funeral service Friday.” Video/Read more


Tipsheet Extra Stories

Hulk Hogan gives inside look at his new Orlando shop

Hackers ransom children’s voices recorded on teddy bears

‘Breaking Bad’-inspired chicken eatery to take over Austin parking lot for SXSW

Grandfather finds lost million dollar lottery ticket in Aldi shopping bag a year later

7-Eleven takes on the on-demand invasion

For another $3, Papa John’s pizza will get to your door a little faster

Read Tipsheet Extra Stories



Eye on Retail Tipsheet is must-read material for 20,000+ 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