“Family Dollar CEO Said to Guard Job” by Shelly Banjo at WSJ. “Dollar General said the chief executive of Family Dollar Stores, Howard Levine, shrugged off multiple requests to pursue a merger between the country’s two largest dollar chains out of fear he would have to step down as CEO, according to a letter […]
“Lowe’s Q2 Comp Sales +4.4%” “Lowe’s reported net earnings of $1.04 billion for the quarter ended August 1, 2014, a 10.4 percent increase over the same period a year ago…Fiscal Year 2014 outlook: total sales are expected to increase approximately 4.5 percent, comparable sales are expected to increase approximately 3.5 percent, expects to open approximately 10 home […]
“Home Depot Q2 Earnings Beat Street” at CNBC. “Home Depot, the world’s largest home improvement chain, reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter…Revenue increased to $23.81 billion from $22.52 billion a year ago. Wall Street had expected the retailer to deliver second-quarter earnings […]
“Dollar General makes rival $9.7B bid for Family Dollar (Dollar General CEO would stay on until 2016)” by Andrew Ross Sorkin at CNBC. “Dollar General’s offer of $78.50 a share in cash is higher than the $74.50 a share in cash and stock bid made by Dollar Tree on July 28. If a Dollar General-Family […]
“Who’s Afraid of Amazon? Not Costco, Says Craig Jelinek” by Nina Shapiro at Seattle Weekly. “I called Jelinek this week to ask him what’s going on…“We’re going to open about 30 Costcos a year,” Jelinek says…the Issaquah retailer is dabbling in some kind of online delivery service through Uber…”They come in to buy from […]
https://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.png00jlonghttps://shiftmarketinggroup.net/wp-content/uploads/2018/09/eye_on_retail_logo-2-312h.pngjlong2014-08-15 06:57:162014-08-15 06:57:16Friday Tipsheet: Target CEO Iview | Costco’s Jelinek Not Afraid | Another Hack
Walmart & Sam’s Comp Sales Flat for Q2. Q2 Highlights: * Consolidated net sales for the second quarter were $119.3 billion, an increase of 2.8 percent over last year. * Walmart U.S. comp traffic decreased 1.1 percent, while average ticket increased 1.1 percent. * E-commerce sales positively impacted comp sales by approximately 0.3 percent. * Excluding […]
Thursday Tipsheet: Target & Lowe’s Earnings Call Highlights | F.Dol. CEO Guarding Job?
/in Eye-on-Retail“Family Dollar CEO Said to Guard Job” by Shelly Banjo at WSJ. “Dollar General said the chief executive of Family Dollar Stores, Howard Levine, shrugged off multiple requests to pursue a merger between the country’s two largest dollar chains out of fear he would have to step down as CEO, according to a letter […]
Wednesday Tipsheet: Lowe’s Comp +4.4% | Wmart’s ‘Price First’ Launch | H.Depot Call Highlights
/in Eye-on-Retail“Lowe’s Q2 Comp Sales +4.4%” “Lowe’s reported net earnings of $1.04 billion for the quarter ended August 1, 2014, a 10.4 percent increase over the same period a year ago…Fiscal Year 2014 outlook: total sales are expected to increase approximately 4.5 percent, comparable sales are expected to increase approximately 3.5 percent, expects to open approximately 10 home […]
Tuesday Tipsheet: H.Depot US Comp +6.4% | Dick’s Comp +3.2% | D.Gen ‘surprised’
/in Eye-on-Retail“Home Depot Q2 Earnings Beat Street” at CNBC. “Home Depot, the world’s largest home improvement chain, reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter…Revenue increased to $23.81 billion from $22.52 billion a year ago. Wall Street had expected the retailer to deliver second-quarter earnings […]
Monday Tipsheet: D.Gen bids $9.7B for F.Dol | Wmart’s “Checkout Promise” | Target’s Midnight Shopping
/in Eye-on-Retail“Dollar General makes rival $9.7B bid for Family Dollar (Dollar General CEO would stay on until 2016)” by Andrew Ross Sorkin at CNBC. “Dollar General’s offer of $78.50 a share in cash is higher than the $74.50 a share in cash and stock bid made by Dollar Tree on July 28. If a Dollar General-Family […]
Friday Tipsheet: Target CEO Iview | Costco’s Jelinek Not Afraid | Another Hack
/in Eye-on-Retail“Who’s Afraid of Amazon? Not Costco, Says Craig Jelinek” by Nina Shapiro at Seattle Weekly. “I called Jelinek this week to ask him what’s going on…“We’re going to open about 30 Costcos a year,” Jelinek says…the Issaquah retailer is dabbling in some kind of online delivery service through Uber…”They come in to buy from […]
Thursday Tipsheet: Wmart/Sam’s = Flat Comp in Q2 | Wayfair HQ Sneak Peek | 14-year-old lived in Wmart
/in Eye-on-RetailWalmart & Sam’s Comp Sales Flat for Q2. Q2 Highlights: * Consolidated net sales for the second quarter were $119.3 billion, an increase of 2.8 percent over last year. * Walmart U.S. comp traffic decreased 1.1 percent, while average ticket increased 1.1 percent. * E-commerce sales positively impacted comp sales by approximately 0.3 percent. * Excluding […]