WM AI Head Speaks | Kroger +2.4% | BJ’s +2.6% | Open Call 8 Cities

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BJ’s Wholesale Club Q4 comp sales (ex. gas) +2.6% “Membership fee income increased by 10.9% year-over-year…90% tenured member renewal rate during fiscal 2025…digitally enabled comp sales growth was 31%…” Press release

 

Kroger Q4 Identical Sales (ex. gas) +2.4% “CFO: “For 2026, we expect identical sales without fuel growth of 1.0% to 2.0%…includes an approximately 130 basis point headwind from the Inflation Reduction Act.” Press release

 

Target to open more than 30 new stores in 2026 – including its 2000th store “…plans to add more than 300 new stores by 2035, with seven locations welcoming guests this March as part of the company’s continued expansion.” Press release

 

Walmart’s Daniel Danker – EVP of AI Acceleration, Product & Design Presents at Morgan Stanley Technology, Media & Telecom Conference Transcript @ Seeking Alpha

 

Burlington Stores, Inc. Q4 comp sales +4.0% Press release

 

Victoria’s Secret & Co. Q4 comp sales +8.0% Press release

 

…Victoria’s Secret Forecasts Its Best Year Since L Brands Split at Bloomberg. “The retailer’s stock has more than quadrupled from last year’s low point in early April. The shares have advanced 11% this year…” Bloomberg subs.

 

Walmart begins again the ‘Open Call’ process at Talk Business. “…will make 8 regional stops between April and June, providing potential suppliers a fast-track to the company’s big event held in Bentonville in early October…Walmart plans to kick off the spring tour with an event on April 9 in Los Angeles…” Read more / Cities & Dates

 

Cracker Barrel Q2 comp retail store sales down 9.2% Press release

 

Netflix Taps Amazon’s Shopping Data to Sharpen Ad Targeting at Adweek. “The move deepens Netflix’s push into performance advertising territory. Rather than relying solely on contextual or demographic targeting, advertisers can now reach members based on what they are actively shopping for on Amazon…” Read more

 

Bain & Company: 2026 US Insurgent Brands List

 

Judge rules companies are entitled to refunds for Trump tariffs at AP. “Trade lawyer Ryan Majerus…said he expects the government to appeal or “seek a stay to buy more time for U.S. Customs to comply.” Read more

 

CVS warns bill would force shutdown of 134 pharmacies in TN at USA Today