CNBC/NRF Retail Monitor: January Data Shows Fourth Consecutive Monthly Gain “The Retail Monitor calculation of core retail sales (excluding restaurants in addition to auto dealers and gas stations) was up 0.15% month over month in January and up 5.51% year over year. That compared with increases of 1.6% month over month and 3.58% year […]
US retail sales unexpectedly stalled in December at Bloomberg. “The value of retail purchases, unadjusted for inflation, were little changed after a 0.6% gain in November…Eight out of 13 categories posted decreases, including declines at clothing stores and furniture outlets…outlays rose at building materials stores and sporting goods retailers.” Bloomberg subs. Target increases […]
Costco January comp sales (ex. fuel & f/x): US +6.8% / Canada +8.2% / Other Int’l +2.7% / Total Company +6.4% / Digitally-Enabled +33.1% Press release Spotify Will Soon Offer Physical Books at WSJ. “Beginning this spring, the Swedish streaming service will allow premium subscribers in the U.S. and U.K. to buy hardcovers and paperbacks […]
Amazon sets new Prime delivery speed record in 2025 Press release PayPal shares sink 15% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO at CNBC. “Online branded checkout growth decelerated to 1% in the fourth quarter, compared with 6% a year earlier. The company said this was driven by weakness […]
Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week at CNBC. “About 150 of the employees were based at Home Depot’s headquarters in Atlanta and the rest were in remote jobs, with most in the technology organization of the company and some on other corporate teams…Decker […]
Amazon cuts 16,000 jobs in the latest round of layoffs at AP. “Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a blog post…She said U.S.-based staff would be given 90 days to look for a new role internally.” Read more South Carolina is the Nation’s Fastest-Growing State […]
Innovators: Bezos #2 | Family Office: L.Walton #5 | Amazon ITA HQ Search
/in Eye-on-RetailCNBC/NRF Retail Monitor: January Data Shows Fourth Consecutive Monthly Gain “The Retail Monitor calculation of core retail sales (excluding restaurants in addition to auto dealers and gas stations) was up 0.15% month over month in January and up 5.51% year over year. That compared with increases of 1.6% month over month and 3.58% year […]
Target Exec Changes | McKinsey: AI Merchants | Retail Ponzi
/in Eye-on-RetailUS retail sales unexpectedly stalled in December at Bloomberg. “The value of retail purchases, unadjusted for inflation, were little changed after a 0.6% gain in November…Eight out of 13 categories posted decreases, including declines at clothing stores and furniture outlets…outlays rose at building materials stores and sporting goods retailers.” Bloomberg subs. Target increases […]
Spotify +Physical Books | Costco +6.4% | Bob’s $17 | Goose +14%
/in Eye-on-RetailCostco January comp sales (ex. fuel & f/x): US +6.8% / Canada +8.2% / Other Int’l +2.7% / Total Company +6.4% / Digitally-Enabled +33.1% Press release Spotify Will Soon Offer Physical Books at WSJ. “Beginning this spring, the Swedish streaming service will allow premium subscribers in the U.S. and U.K. to buy hardcovers and paperbacks […]
WSJ @ McMillon | Amazon 13B Same/Next Day | PayPal -15%
/in Eye-on-RetailAmazon sets new Prime delivery speed record in 2025 Press release PayPal shares sink 15% after forecasting weak 2026 earnings; HP’s Enrique Lores named new CEO at CNBC. “Online branded checkout growth decelerated to 1% in the fourth quarter, compared with 6% a year earlier. The company said this was driven by weakness […]
THD Cuts 800 | He-Man 30M Views | Sam’s/TJs #1
/in Eye-on-RetailHome Depot lays off 800 workers, says corporate employees will return to office 5 days a week at CNBC. “About 150 of the employees were based at Home Depot’s headquarters in Atlanta and the rest were in remote jobs, with most in the technology organization of the company and some on other corporate teams…Decker […]
SC #1 Growth | NWA #1 Metro | Goodwill +7%
/in Eye-on-RetailAmazon cuts 16,000 jobs in the latest round of layoffs at AP. “Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a blog post…She said U.S.-based staff would be given 90 days to look for a new role internally.” Read more South Carolina is the Nation’s Fastest-Growing State […]