Monday’s Eye-on-Retail Tipsheet: Walmart’s SPARC 2.0 | H.Depot’s China Graveyard | Whole Foods Sells LPs

  “Wal-Mart suppliers get tutorial on SPARC 2.0” by Kim Souza at The City Wire.  “SPARC – the Supplier Portal Allowing Retail Coverage initiative – is being broadly rolled out by Wal-Mart during the next six weeks at roughly 150 stores a day in an effort to raise on-the-shelf availability of products sold by the retailer. […]

Friday’s Eye-on-Retail Tipsheet: Dollar Tree Up | Christmas in August | Walmart Summit

  “Dollar Tree 2nd-Quarter Earnings Rise 4.6% on Higher Sales” at the Wall Street Journal.  “”Sales, customer traffic, average ticket, earnings and operating margin all continue to grow,” said Chief Executive Bob Sasser. “Customers are responding in record numbers to our outstanding values in both discretionary and consumable merchandise categories.”  Read more   “Walmart summit focuses […]

Thursday’s Eye-on-Retail Tipsheet: Lowe’s & Target Earnings Highlights | Target Soft | Kroger’s Dillon = Sam Walton

  “Top 10 Things Heard on the Lowe’s Earnings Call” Robert Niblock (CEO) 1) Comparable sales for the quarter were positive 9.6%, driven by a healthy balance of ticket and transaction growth. As expected, we recovered most of the outdoor sales we missed in the first quarter from unfavorable weather conditions. 2) We expect the […]

Wednesday’s Eye-on-Retail Tipsheet: Lowe’s Comps Up 9.6% | Whole Foods New Name | Orchard CEO Out

  “Lowe’s Comp Sales Climb 9.6%” at Seeking Alpha.  ” Lowes today reported net earnings of $941 million for the quarter ended August 2, 2013, a 26.0 percent increase over the same period a year ago…Sales for the quarter increased 10.3 percent to $15.7 billion from $14.2 billion in the second quarter of 2012, and comparable […]

Tuesday’s Eye-on-Retail Tipsheet: H.Depot’s US Comp Jumps 11.4% | JCP Collapse -11.9% | Amazon Site Down

  “Home Depot US Same-Store Sales Jump 11.4% in Q2”   “The Home Depot today reported sales of $22.5 billion for the second quarter of fiscal 2013. On a like for like basis, comparable store sales for the second quarter of fiscal 2013 were positive 10.7 percent, and comp sales for U.S. stores were positive […]

Monday’s Eye-on-Retail Tipsheet: Trader Joe’s Sues Pirate | Target Canada’s Poor Grade | Tesco’s Tablet

  The Week Ahead:  Retailers set to Release Earnings: Tue:  Home Depot, Best Buy Wed: Lowe’s, Target Thur: Sears Read more   “Trader Joe’s Sues Man for Reselling Products in Canada” by Patricia Yollin at San Fran Chronicle.  “Michael Hallatt has spent more than $350,000 at Trader Joe’s in less than two years. But the […]