Dick’s +5.7% | B.Buy +2.7% | Kohl’s -1.7%

  US retail sales rose slightly in September, adding to months of big gains at AP. “Sales increased 0.2% last month from August, the Commerce Department said Tuesday…The retail sales figures suggest that Americans as a whole are still willing and able to boost their spending…” Read more   TikTok Shop Pushes Into Luxury Retail […]

WM +4.5% | Sam’s +3.8% | WM Eyes Counterfeit Startup

  Walmart Q3 comp sales +4.5% (ex-fuel) / Op Income -0.2% / Sam’s Club comp +3.8% (ex-fuel) / Walmart Int’l net sales +11.4% / Walmart US ecom +28% Press release   …Walmart to Transfer Stock Exchange Listing to Nasdaq Press release   Walmart in talks to acquire Israeli-founded startup to combat scams, counterfeits at CNBC. […]

H.Depot +0.2% | Target Layoff Glitch | HBR Substitution Study

  Home Depot Q3 comp sales +0.2% / US comp sales +0.1% Press release   …Home Depot cuts earnings outlook as home improvement demand falls short of expectations at CNBC. “The retailer said it now expects full-year sales will climb about 3% and comparable sales…to be slightly positive. That compares to its previous expectations for […]

Target’s Smile Policy | “We Ain’t Buying It” | How Ulta Conquered

  Target’s new 10-4 policy at USA Today. “The new policy requires employees who are within 10 feet of customers to smile, make eye contact, wave, and use friendly, approachable, and welcoming body language…” Read more   The Credit-Card Rule That Powers Rewards Cards Just Got Broken at WSJ. “Under terms being discussed, Visa and […]

Target’s Sloppy Stores | Inflation Friday | Meta: 10% of Ads Scammy

  Target’s sloppy stores are wearing on shoppers, and its turnaround could hinge on cleaning them up at CNBC. “The company is now rolling out a new approach that designates only some of its stores as locations where employees pick and pack orders in cardboard boxes to ship to customers’ homes. Other stores have stopped […]

Kroger/Instacart AI Test | McMillon @ HBR | France Shein Threats

  Instacart Debuts White-Label AI Shopping Chatbot in Enterprise Push at Bloomberg. “The company said Tuesday that its AI shopping assistant will be offered as part of its white-label e-commerce service, which powers the online shopping sites for some grocery chains like Sprouts Farmers Market Inc. and Publix Super Markets Inc. The chatbot will be […]