Walmart Q3 comp sales (ex-fuel) +5.3% / Int’l net sales +12.4% / US Ecom +22% …Sam’s Club comp sales (ex-fuel) +7% Walmart press release Walmart hikes its outlook again as shoppers spend more outside the grocery aisles at CNBC. “The discounter now expects net sales will grow between 4.8% and 5.1% for […]
Wholesale prices rose 0.2% in October, in line with expectations at CNBC. “…up one-tenth of a percentage point from September…On a 12-month basis, headline wholesale inflation was at 2.4%. Excluding food and energy, core PPI rose 0.3%, also one-tenth more than September and also matching expectations. The 12-month rate was at 3.1%.” Read more […]
100 Most Powerful People in Business (Bezos #11, McMillon #18, Jassy #26, Tome #59) at Fortune List Home Depot Q3 US comp sales down 1.2% “..reported sales of $40.2 billion for the third quarter of fiscal 2024, an increase of 6.6% from the third quarter of fiscal 2023. Comparable sales for the third […]
Costco October comp sales up 5.1% (US +4.1% / Canada +8.0% / Other Int’l +7.1% / Ecom +19.3%) Press release TODAY – Family, friends and community members to gather at memorial service for Bernie Marcus at WSB-TV 2. “A funeral service will be held for Marcus at The Temple in midtown Atlanta on […]
Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season at Reuters. “Walmart…has slashed Christmas imports deeply, shipping at least 340,000 kilos of products described as “Christmas” goods into the U.S. in the 12 months ending Sept. 30…The retailer shipped in almost three times more product, at least 980,000 kilos, in […]
LA erupts into chaos following Dodgers’ World Series victory as ‘hostile’ mob burns bus, looters raid Nike store at NY Post. “Los Angeles descended into chaos Wednesday night as belligerent baseball fans set a bus on fire while others clashed with cops and looters ran amok following the Dodgers’ World Series victory…” Read more/Pics […]
WM +5.3% | Sam’s +7% | Lowe’s -1.1%
/in Eye-on-RetailWalmart Q3 comp sales (ex-fuel) +5.3% / Int’l net sales +12.4% / US Ecom +22% …Sam’s Club comp sales (ex-fuel) +7% Walmart press release Walmart hikes its outlook again as shoppers spend more outside the grocery aisles at CNBC. “The discounter now expects net sales will grow between 4.8% and 5.1% for […]
Amazon/Disabled Dispute | Japan Fights for 7-11 | Blind Box Buzz
/in Eye-on-RetailWholesale prices rose 0.2% in October, in line with expectations at CNBC. “…up one-tenth of a percentage point from September…On a 12-month basis, headline wholesale inflation was at 2.4%. Excluding food and energy, core PPI rose 0.3%, also one-tenth more than September and also matching expectations. The 12-month rate was at 3.1%.” Read more […]
McMillon #18 Power | Saks Cancels Lights | H.Depot -1.2% | REI +Jacobs
/in Eye-on-Retail100 Most Powerful People in Business (Bezos #11, McMillon #18, Jassy #26, Tome #59) at Fortune List Home Depot Q3 US comp sales down 1.2% “..reported sales of $40.2 billion for the third quarter of fiscal 2024, an increase of 6.6% from the third quarter of fiscal 2023. Comparable sales for the third […]
FedEx/UPS Price War | Marcus Funeral | Bead Bonanza | Costco +5.1%
/in Eye-on-RetailCostco October comp sales up 5.1% (US +4.1% / Canada +8.0% / Other Int’l +7.1% / Ecom +19.3%) Press release TODAY – Family, friends and community members to gather at memorial service for Bernie Marcus at WSB-TV 2. “A funeral service will be held for Marcus at The Temple in midtown Atlanta on […]
Holiday Imports Slashed | Canada Ports Strike | Amazon Drones PHX
/in Eye-on-RetailWalmart, other US retailers import fewer Christmas goods ahead of tepid holiday season at Reuters. “Walmart…has slashed Christmas imports deeply, shipping at least 340,000 kilos of products described as “Christmas” goods into the U.S. in the 12 months ending Sept. 30…The retailer shipped in almost three times more product, at least 980,000 kilos, in […]
LA Loots | Costco Canada +Booze | H-E-B/Art
/in Eye-on-RetailLA erupts into chaos following Dodgers’ World Series victory as ‘hostile’ mob burns bus, looters raid Nike store at NY Post. “Los Angeles descended into chaos Wednesday night as belligerent baseball fans set a bus on fire while others clashed with cops and looters ran amok following the Dodgers’ World Series victory…” Read more/Pics […]