Friday Tipsheet: Costco CEO in IN | Target’s South Park “Worry” | Cramer Likes McMillon

  “Walmart Stores Are Now Price-Matching Amazon.com” by Amit Chowdhry at Forbes. “Greg Foran, the president and CEO of Walmart U.S., said that the price-matching plan simply formalized what many of the stores were already doing. “About half of the stores were doing it anyway,” said Foran.” Read more   Wal-Mart Q3 2015 Earnings Call […]

Thursday Tipsheet: Wmart: Comp +.5%; Axe 200 at Can HQ? | Target: Rosa Parks & Chicago

  “Walmart Q3 Comp Sales +.5% in U.S.” “Sam’s Club comp sales, without fuel,1 increased 0.4 percent for the 13-week period ended Oct. 31. Sam’s Club increased membership income 10.1 percent for the quarter, and grew operating income more than twice the rate of sales growth. E-commerce sales globally increased approximately 21 percent on a constant […]

Wednesday Tipsheet: NY Times & Leaked WMart Memo | Black November | Online Tax Dead

  NY Times: “Walmart Memo Orders Stores to Improve Grocery Performance” by Steven Greenhouse & Hiroko Tibuchi. “The memo — leaked for public use by a Walmart manager unhappy about understaffing — also tells stores to be sure to “rotate” dairy products and eggs, which means removing expired items and adding new stock at the […]

Tuesday Tipsheet: Target’s Mojo | Wayfair +47% | Costco Holds Amex Jewel

  Happy Veterans Day!   “Target joins the Black Friday early birds” by Kavita Kumar at Star-Tribune. “Black Friday shoppers, set your watches — err, smartphones — for 6 p.m. on Thanksgiving night. That time is shaping up to be the main event for the big shopping frenzy this year. On Monday, Minneapolis-based Target said […]

Monday Tipsheet: Wmart China’s Austerity Problem | Costco/GM Promo=35K | WSJ Launches ‘Sales Tracker’

  “Wal-Mart Feels Pinch From China Austerity Campaign” by Laurie Burkitt at WSJ. “The Chinese government’s push to clean up excessive consumption at its state-owned enterprises has hit overall consumer confidence and retail, Mr. (Scott) Price said in an interview Sunday on the sidelines of the Asia-Pacific Economic Cooperation CEO Summit. “The austerity campaign was […]

Friday Tipsheet: Target & Boutiques | Wmart Likes College | Orange Friday

  “Target’s new elves have a story to tell” by Sabrina Korber at CNBC. “The partnership between the companies began eight weeks ago, when Cornell approached Shechtman at the boutique. She had no idea who he was. “I was wearing sweatpants when I met Brian,” she told CNBC. “I was embarrassed at the time, but […]