Costco #9 Career | Bentonville #1 Cranes | 59% “Keep It”

  Ranking the Best Companies for Career Growth (Costco #9 / Target #11 / Lowe’s #14) at WSJ. “Costco, long regarded as a top employer, stands out from its retail peers with high marks for pay and culture, two metrics that often cluster together…Home Depot scores in the highest group for parity, hiring and promotion, […]

BNPL +42% | WM Romcom | Amazon #1 Delivery Biz

  US Cyber Monday sales hit record $12.4 billion on big discounts at Reuters. “Online consumer spending jumped 9.6% on Monday from the $11.3 billion seen last year, outstripping Adobe’s initial expectations for a 6.1% rise to $12 billion…A record $940 million worth of purchases were made through BNPL (Buy Now, Pay Later) on Cyber […]

Lowe’s -7.4% | “Deal-Focused” | B.Buy -6.9% | Amazon’s Big Friday

  Lowe’s Q3 comp sales decreased 7.4% “Updates full year 2023 outlook – Comparable sales expected to be down approximately -5% as compared to prior year (previously down -2% to -4%).” Press release   …Lowe’s cuts sales outlook as homeowners take on fewer projects at CNBC. “CEO Marvin Ellison said Lowe’s felt a “greater-than-expected pullback” by […]

WM US +4.9% | W.Sonoma -14.6% | Oreo Lockdown | Macy’s -7.6%

  Walmart Q3 U.S. comp sales up 4.9% Press release   …Walmart’s caution on consumer spending ahead of holidays sends shares lower at Reuters. “Walmart’s CFO John David Rainey told Reuters the company saw shoppers slow down purchases in the second-half of October, and then pick up spending in the early part of November, on […]

H.Depot -3.5% | Bezos Bash | TP Pics | Ikea Discount Dead

  Home Depot Q3 U.S. comp sales decreased 3.5% Press release   …Home Depot earnings beat, but retailer offers a tepid outlook as sales slide at CNBC. “The retailer indicated caution about the coming months, as it narrowed its full-year outlook. It said it now anticipates sales will fall by 3% to 4% from the […]

Can. Tire Cuts | Boris Likes Bentonville | Casey’s @ Texas

  Canadian Tire laying off 3% of corporate staff at CBC “…cites ‘softening consumer demand’ for decision to scale back…Canadian Tire comparable store sales fell by 0.6 per cent. SportChek sales were down by 7.4 per cent. Sales at Mark’s eked out an increase of 0.2 per cent.” Read more   Amazon to Expand Grocery […]