WM+ 50% Spent | Lowe’s Easter Close | CVS New CFO
Walgreens Boots Alliance Q2 sales +4.1% Press release
…Walgreens tops estimates as drugstore chain cuts costs, prepares to go private at CNBC. “Earnings per share: 63 cents adjusted vs. 53 cents expected…Revenue: $38.59 billion vs. $38 billion expected.” Read more
Sam’s Club picks Publicis Groupe as its integrated agency of record Ad Age subs.
Walmart+ Week takes place from April 28 through May 4 “50¢ off every gallon of fuel at participating Exxon and Mobil stations…Up to 2 free sandwiches from Burger King daily…6 months of the Paramount+ with SHOWTIME plan…” Press release
…Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing at CNBC. “Walmart+ members drove nearly half of the total spent across Walmart’s website and app in the U.S. in the most recent fiscal year…(Walmart) will deliver business updates at an investor event in Dallas on Tuesday and Wednesday.” Read more
Clothing retailers delay orders, freeze hiring as tariffs hit at Reuters. “Ian Rosenberger, CEO of Day Owl, a six-year-old New York company that makes backpacks in Vietnam, has paused future orders. Unless there’s a deal to significantly lower Vietnamese tariffs, Rosenberger estimates Day Owl has 30 days before it folds…tariffs would increase his duty to $22 from from $5, prompting him to increase the price of his top-end bag to $212 from from $155.” Read more
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Lowe’s Will Close All Stores for 24 Hours on Easter Newsweek
CVS Health Announces Chief Financial Officer Transition Plan “Brian Newman was most recently executive vice president and chief financial officer of United Parcel Service…Before joining UPS, he spent 26 years with PepsiCo…” Press release
Camping World CEO Marcus Lemonis defies lawsuits, vows massive American flags ‘not coming down’ at NY Post. “I wasn’t born in this country. I emigrated from Beirut, Lebanon. Came here to Miami, Florida and had an opportunity to live the American dream in this country…And it’s my love letter to tell everybody how grateful I am this country provided me an opportunity where it didn’t have to…” Read more
Shopify teams must demonstrate why AI can’t perform a job before they’re permitted to ask for more headcount at TechCrunch
Bezos Backs Breeding More Climate-Friendly Cows “For the first time, scientists and breeders across the globe are joining forces to slash methane emissions from livestock. Backed by $19.3 million from the Bezos Earth Fund…” Press release
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