DOJ poised to sue Visa for antitrust violations at Politico. “The DOJ plans to accuse Visa of using its dominant position in the debit card business to muscle out rivals with merchants and consumers, according to two of the people, who were granted anonymity to discuss a confidential matter.” Read more US Labor […]
Target names former PepsiCo exec Jim Lee as new chief financial officer at CBS News. “Lee has over 25 years of experience at PepsiCo, where he was most recently the company’s deputy chief financial officer. He will succeed Michael Fiddelke, Target’s chief operating officer.” Read more …Get to Know Jim Lee, Target’s New […]
August retail sales rose 0.1% vs. economists’ estimates for a 0.2% decline, according to Dow Jones. Excluding autos, the number also came in at a 0.1% increase, which slightly missed the 0.2% consensus forecast at CNBC US retailer holiday hiring set to be lower than last year at Reuters. “Retailers are expected to […]
Fortune Best Workplaces in Retail 2024 (Wegmans #1, Sheetz #2, Target #3) Top 20 list US holiday sales to grow at slowest pace since 2018, report says at Reuters. “U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and […]
Academy Sports Q2 comp sales down 6.9% “Sales for the second quarter were more challenging than expected, impacted by a tough economy, a temporary distribution center backlog…and by a very active storm season…we are revising our full year guidance, while maintaining our gross margin rate range,” said Carl Ford, CFO.” Press release Amazon […]
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.pngjlong2024-09-10 08:57:052024-09-10 08:57:05WM Union Vote | Academy -6.9% | Target Pet Play
PayPal pushes into in-person payments with cashback rewards, Apple integration at Reuters. “PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple’s mobile wallet and offering 5% cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.” Read more Target slows store theft, […]
Fruit Stalled @ Ports? | DOJ Hits Visa | Helene Hits Thur/Fri
/in Eye-on-RetailDOJ poised to sue Visa for antitrust violations at Politico. “The DOJ plans to accuse Visa of using its dominant position in the debit card business to muscle out rivals with merchants and consumers, according to two of the people, who were granted anonymity to discuss a confidential matter.” Read more US Labor […]
Amazon Contestants Hospitalized | Target New CFO | WM Holiday 10/8
/in Eye-on-RetailTarget names former PepsiCo exec Jim Lee as new chief financial officer at CBS News. “Lee has over 25 years of experience at PepsiCo, where he was most recently the company’s deputy chief financial officer. He will succeed Michael Fiddelke, Target’s chief operating officer.” Read more …Get to Know Jim Lee, Target’s New […]
Holiday Hiring -44K | August Sls +0.1% | Prime 8 & 9
/in Eye-on-RetailAugust retail sales rose 0.1% vs. economists’ estimates for a 0.2% decline, according to Dow Jones. Excluding autos, the number also came in at a 0.1% increase, which slightly missed the 0.2% consensus forecast at CNBC US retailer holiday hiring set to be lower than last year at Reuters. “Retailers are expected to […]
20 Best Retail Workplaces | Holiday Slow Grow | Bezos “Bargain”
/in Eye-on-RetailFortune Best Workplaces in Retail 2024 (Wegmans #1, Sheetz #2, Target #3) Top 20 list US holiday sales to grow at slowest pace since 2018, report says at Reuters. “U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and […]
WM Union Vote | Academy -6.9% | Target Pet Play
/in Eye-on-RetailAcademy Sports Q2 comp sales down 6.9% “Sales for the second quarter were more challenging than expected, impacted by a tough economy, a temporary distribution center backlog…and by a very active storm season…we are revising our full year guidance, while maintaining our gross margin rate range,” said Carl Ford, CFO.” Press release Amazon […]
Shein Store Lines | Furner to Speak | Casey’s +2.3%
/in Eye-on-RetailPayPal pushes into in-person payments with cashback rewards, Apple integration at Reuters. “PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple’s mobile wallet and offering 5% cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks.” Read more Target slows store theft, […]