Friday Tipsheet: Costco Call Highlights | Amazon ‘Humbled’ | Top 100 Employers | Top 30 on Net

  Fortune: Humbled Amazon turns to rival Alibaba for help in China by Scott Cendrowski at Fortune. “Yesterday, Chinese reporters discovered that Amazon had opened a store on rival Alibaba Group Holdings’ Tmall platform..Amazon didn’t publicize the news of its store on Alibaba’s site, maybe because it doesn’t make Amazon look very strong in the world’s largest […]

Thursday Tipsheet: Costco Beats Street | WMT & TGT Mtg Highlights | Dick’s Stumps Trump

  Costco Q2 Comp +2% / Excluding Gas Price & Foreign Exchange +8%  “Net sales for the quarter increased four percent, to $26.87 billion, from $25.76 billion last year. Net sales for the first half increased six percent, to $53.16 billion, from $50.22 billion last year.” Read the release   CNBC: Costco’s quarterly profit tops estimates […]

Wednesday Tipsheet: Dick’s/H.Dep. Mtg Highlights | Target Swings Axe | Wayfair +38.4%

  Target to cut Minnesota jobs while expanding in N.Y., California by Tom Webb at Twin Cities/Pioneer Press. “What will give Minnesota economic officials heartburn is seeing the chief strategy officer, Casey Carl, boast that corporate Target is “branching out to other places” to secure talent – then showing a slide that listed Target’s growing […]

Tuesday Tipsheet: Dick’s Comp +3.4% | Target Seeks Grocery Head | Amazon’s ‘Ship to Cuba’ Button

  Dick’s Sporting Goods Q4 Comp Sales +3.4% “Same store sales for DICK’S Sporting Goods increased 3.8%, while Golf Galaxy decreased 7.1%.”  Read the release   Best Buy Q4 Comp Sales +2%  Read the release   Forbes: 2015 The World’s Billionaires (Walton’s #8, 9, 11, 12; Bezos #15; John Menard, Jr. #142)  See the top […]

Monday Tipsheet: Target’s Cornell Iview | 60 Minutes Hits Lmbr Liq. | Amazon’s ‘3D in Van’ Patent

  Target’s Brian Cornell Sits Down with Star-Tribune by Kavita Kumar. “We like light bulbs,” said Cornell, who celebrated his 56th birthday last week. “But we’re not going to be famous for selling light bulbs.”…Cornell met with the leaders of Warby Parker in New York, where he learned about how they vet ideas and quickly […]

Friday Tipsheet: Costco’s Prime Minister Iview | Amazon’s Obama Spokesman | Sears CEO Seahawks Analogy

  What Amazon’s Hire of Former Obama Spokesman Says About Its PR Machine by Jason Del Rey at Recode. “The move signals Bezos’s desire to have a stronger presence inside Washington as Amazon becomes more powerful across industries as varied as warehousing, retailing, cloud computing and publishing. New initiatives such as its delivery drones have […]