Tipsheet: Wmart #1 on Chemicals (Costco & Amazon Last) | Target -0.2% | Lowe’s +2.7% | Wgreen Trashes Theranos


Target Q3 Comp Sales -0.2% “Comparable sales growth in Signature Categories outpaced total comparable sales by more than 3 percentage points; digital channel sales increased by 26 percent.” Press release


…CNBC: Target shares soar as sales, earnings top Wall Street forecasts; raises guidance “The retailer now expects its holiday quarter same-store sales to come in between -1 percent and 1 percent, compared with -2 percent to flat, previously.” Read more


Lowe’s Q3 Comp Sales +2.7% Press release


…Fox Business: Lowe’s Misses, Warns After Late-Summer Softness “CEO Robert Niblock says activity was slow in August and September but improved last month.” Read more


Wal-Mart Is First, Amazon Is Worst in New Ranking on Chemicals (Costco 2nd to Last) by Lauren Coleman-Lochner at Bloomberg. “That’s the conclusion of a scorecard that ranks major retailers’ policies on harmful chemicals. Wal-Mart holds the top spot, followed by Target Corp. Amazon occupies last place in the study, which is scheduled to be released Wednesday.” See rankings


Walgreens Trashes Theranos in Their Fiery $140 Million Lawsuit Battle by Sy Mukherjee at Fortune. “Walgreens’ complaint against the company from last week was sealed, so details were sparse. But the public version of the complaint (which is somewhat redacted) has now been released.” Read more | Complaint


…Wall Street Journal: Walgreens Claims Theranos Voided 11.3% of Test Reports by Christopher Weaver. Read more (subscription)


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Former Neiman Marcus exec takes same position with Sally Beauty by Korri Kezar at Dallas Business Journal. “Donald Grimes, who left Neiman effective Monday, will take on the roles of senior vice president, CFO and COO effective Dec. 12.” Read more


Ex-Dick’s CFO Named GAP CFO Press release


Home Depot Reaps a Hurricane Windfall by Kyle Stock at Bloomberg.”Hurricane Matthew and its subsequent flooding poured an additional $100 million into sales coffers in the quarter ended Oct. 30.” Read more


Advance Auto Parts speeds ahead on mobile performance by April Berthene at Internet Retailer. Top 10 speedy sites


Loblaw’s quarterly profit +25.5% / revenue +1.4% via Globe & Mail. Read more


Poop vans are the secret to Amazon’s speedy success at NY Post via BBC. “The journalist, “Chris,” added that “a few drivers admitted to peeing in a bottle in their van because they didn’t have time to find a toilet. Another admitted having defecated in the back of the van on one occasion,” he wrote.” Read more


Heartland dominates list of the 25 best cities for working women by Catherine Clifford at CNBC. “The top three best cities for working women are all in the heartland: Rochester, MN, Columbia, MO, and Topeka, KS. Neither Los Angeles, CA, nor New York City makes the top 25.” Top 25 list


This is the best day to buy toys and other gifts if you’re shopping online by Jonnelle Marte at Washington Post. Read more


California Ports See Delayed Import Surge as Hanjin Unwinds by Paul Page at Wall Street Journal. “Container import volume at the ports of Los Angeles and Long Beach, which together handle the largest share of U.S. inbound trade in goods, expanded 7.1% and exports jumped 11.4% (in October), according to the figures released by the port authorities.” Read more (subscription)


Ivanka Trump’s company apologizes for promoting jewelry worn in interview by Jacob Pramuk at CNBC. “Ivanka Trump’s company apologized Tuesday for promoting a bracelet she wore during a “60 Minutes” interview with her father, President-elect Donald Trump. Ivanka Trump Fine Jewelry sent an email to journalists highlighting the president’s daughter’s “favorite bracelet,” which was listed at $10,800.” Read more


Tipsheet Extra Stories

Walmart Is Selling This Award-Winning Wine for $7

Labatt retirees not happy as brewery turns off tap on free beer

Port KC approves incentives for $110M CVS facility

Walmart, J&J honored at CHPA Foundation’s inaugural gala

An Inside Look at Gildan, the Company that Just Acquired American Apparel

Read Tipsheet Extra Stories


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