Thursday’s Tipsheet: Target Cuts 150 Jobs at HQ | Costco Sticks w/Chickens | JCP Kills Logo

  “Target lays off 150 from its corporate staff in Twin Cities” by Steve Alexander at Star-Tribune.  “The move affected workers at the company’s tower headquarters in downtown Minneapolis, an office on Interstate 394 in the city and a campus in Brooklyn Park.Many retailers, including Target, have lowered their financial expectations for the rest of […]

Wednesday’s Tipsheet: Breaking: Costco & Fam.Dollar Q4 Earnings | Target’s New Sourcing Standards | Wmart Calls Off India JV

  “Costco September Same-Store Sales Climb 3% but Q4 Profit Up Only 1%” by Jessica Wohl at Reuters.  “Analysts had expected September same-store sales to rise 3.7 percent, according to Thomson Reuters I/B/E/S.  Fourth-quarter net sales rose 1 percent to $31.77 billion.”  Read more   “Costco’s Announces Q4/September/52 Week Earnings and Sales”  Read Company Release […]

Tuesday’s Tipsheet: H.Depot’s Innovation Awards | High Earners Like Dollar Stores

  “Two-Thirds of $150K+ Households Shop at Dollar Stores”  “Dollar stores are popping up all over the US, but it’s not just discount shoppers taking advantage of these discount prices. According to new research from Mintel, just under one-third (32%) of respondents from the highest-income households ($150k+) claim not to shop at dollar stores, and […]

Monday’s Tipsheet: Wmart CMO Speaks | Pirate Joe’s Victory | D. General Opens #11,000

  “Walmart’s CMO: Chief Marketing Officers should be Chief Innovation Officers” by Jack Neff at Ad Age.  “Walmart allocates marketing staff on a 70-20-10 ratio, with 70% working on “Now,” or the things that drive the giant retailer’s business today; 20% focusing on what’s “New,” such as a Facebook following of 34 million; and 10% focused […]

Friday’s Tipsheet: Lowe’s & H.Depot Prep for Trop. Storm Karen | Sam’s Weakness | Rite-Aid & Wgreen Up

  “Lowe’s & Home Depot Prepping for Tropical Storm Karen” at WJHG-Panama City Beach.  “It’s been a long time since a storm has posed a direct threat to our area.  Emergency Management officials are worried people have become complacent and won’t take the Karen seriously.  Workers at Home Depot and Lowe’s on Back Beach Road […]

Thursday’s Tipsheet: H.Depot’s CFO @ Univ. of GA | Target 5th “Most Inspiring” Co. | Dick’s wants $1 Bil in E-sales

  “Home Depot’s CFO Carol Tome Speaks at Univ. of Georgia”  Highlights: *  “Our profits are very different…appliances are very low margin…paint brushes – we make a lot of money on those – I probably shouldn’t tell you that but we do.” *  “Home Depot has a 35% share of power tools, but online Amazon […]