Thursday Tipsheet: Costco US Comp +5% | Sam’s CEO #64 in Power | Target’s Digital Council

  “Costco Q3 Comp Sales +5% in U.S.”  “Net sales for the quarter increased seven percent, to $25.23 billion, from $23.55 billion last year. Net sales for the first thirty-six weeks increased six percent, to $75.46 billion, from $71.10 billion last year.”  Read the release   CNBC:  “Costco results miss estimates as costs rise”  “Warehouse […]

Wednesday Tipsheet: Wmart Cuts 750 in Can. | Costco Snags Hillary | China E-com +52%

  “Walmart Cuts 750 Jobs in Canada” by Kim Souza at The City Wire.  “The staff reductions represent less than 1% of total market employment and another 1,300 employees were promoted and 200 store managers were added, according to Alex Roberson, spokesman for Wal-Mart Canada.” Read more   “Some Employees Are Furious At Management Payouts […]

Tuesday Tipsheet: Glassdoor Likes Costco | Amazon-Proof? | Tax-Proof

  “Tampa firm designs first Walmart To Go convenience store” by Susan Thurston at Tampa Bay Times.  “Based in Tampa’s Rocky Point, Api(+) started consulting for the retail giant in 1997. It has worked on every store format, including the smaller supercenter at Dale Mabry Highway and Waters Avenue, which became a model for others […]

Friday Tipsheet: Top 100 Brands | Wmart’s Ruiz Speaks | Costco: Less Smoking

  “BrandZ Top 100 Most Valuable Global Brands 2014 (Amazon #10, Walmart #22, Home Depot #40…)”  See the Top 100 List   “Target Poaches IPG Mediabrands Exec Kristi Argyilan” by Natalie Zmuda at Ad Age.  “Kristi is known nationally as a transformational, digitally savvy marketer,” Jeff Jones, CMO at Target, said in the statement. “As […]

Thursday Tipsheet: Target & Lowe’s Call Highlights | Bezos Takes Stage | Retail a ‘Prisoner’

  “Interview:  Target’s Interim CEO Speaks with Star Tribune” by Kavita Kumar.  “John Mulligan is fully aware of those embarrassing photos floating around the Internet — the ones showing empty shelves at some of Target’s Canadian stores and visibly illustrating the company’s inventory struggles up north.  “I’ve seen those for far too long, and I […]

Wednesday Tipsheet: Lowe’s Comp +.9%| H.Depot Call Highlights | Target Can. – Out with the Old…

  Q1 2014 Target Corporation Earnings Conference Call – Wednesday, May 21, 2014 10:30 a.m. ET  Listen to Webcast   “Lowe’s Comp Sales Up .9% – ‘Reaffirms’ Sales Outlook  – May Performance ‘Improved’ ”  “Sales for the first quarter increased 2.4 percent to $13.4 billion from $13.1 billion in the first quarter of 2013, and comparable […]