Thursday Tipsheet: McMillon on CBS | Wgreen CEO Out | Costco Call Summary

  “Walgreen CEO Is Out as Top Shareholder Pessina Takes Over” by Michelle Fay Cortez at Bloomberg. “Walgreen Chief Executive Officer Greg Wasson will retire, clearing the way for top shareholder Stefano Pessina to tighten his grip amid a merger with his European retailer Alliance Boots GmbH…Pessina, 73, will be acting CEO while the company […]

Wednesday Tipsheet: Costco +7% | Canada & ‘Price Gouging’ | Wmart Likes TX

  “Costco Q1 Comp Sales +7%” “Net sales for the quarter increased seven percent, to $26.28 billion from $24.47 billion during the first quarter last year.” Read the release   WSJ: “Costco Profit Gain Falls Short of Forecasts” by Angela Chen. “Profit for the quarter rose to $496 million, or $1.12 a share, from year-earlier […]

Tuesday Tipsheet: Christmas Spend +12% | Wgreen’s Virtual Doc | Looting Champagne

  “Americans plan to spend most in 5 years this Christmas” by Steve Liesman at CNBC. “The average American plans to spend $765 this year, up 12 percent versus last year, and about 6.5 percent higher than the average across the survey’s nine-year history.” Read more   “Bill Gates’ dad leaving Costco’s board after 11 years” by […]

Monday Tipsheet: Wmart Dominates YouTube | Instacart = $2 Bil? | ’15 GDP Revise

  “Walmart Dominates YouTube During Thanksgiving Holiday Period With 39 Million Video Views” by Amy Gesenhues at Marketing Land. “Report shows Walmart owned 50 percent of total channel views for top 100 retail brands on YouTube from November 19 though December 2.” Read more   “Economists see revved-up economy next year” by John W. Schoen […]

Friday Tipsheet: Target’s Viral Pep Talk | Kroger +5.6% | D.Gen +2.8% | R.Aid +0.7%

  “Amazon Unveils Its Own Line of Diapers, Confirming Partners’ Biggest Fears” by Jason Del Rey at Recode. “By working directly with a manufacturer, Amazon will be able to price the brand aggressively, with a 40-count package of diapers starting at $7.99. That works out to about 19 cents a diaper, compared to competitor prices […]

Thursday Tipsheet: Costco +5% | Wmart & Peter Pan | Bass Pro Adds Pyramid

  “Tinkerbell To Shine In Walmart Ads for NBC’s ‘Peter Pan’” by Brian Steinberg at Variety. “Walmart will have the heaviest presence in what is a sold-out program, said Dan Lovinger, executive vice president of entertainment ad sales at NBCUniversal…Set to air live at 8 p.m. on Thursday, December 4, NBC’s “Peter Pan” production shows […]