Daily Headlines

June 29, 2017
Pier 1 Q1 Comp Sales Flat
Walgreens Q3 sales increase 2.1% to $30.1 billion
Sobeys parent company post lower fourth-quarter adjusted earnings
Toronto Star
Amazon Starts Charm Offensive as Merchants Defect to Wal-Mart
Spencer Soper at Bloomberg
Nike Thought It Didn’t Need Amazon—Then the Ground Shifted (Subs.)
Laura Stevens & Sara Germano at Wall Street Journal
Lowe’s Goes High on Innovation
Phil Wahba at Fortune
Wal-Mart green lights the ‘Banana Wave’ and dozens of other products at annual Open Call
Kim Souza at Talk Business
…Wal-Mart CEO Doug McMillon told the group he just “wanted to buy items all day and walk up and down the halls saying “yes.”
Kim Souza at Talk Business
QuikTrip to open 100 c-stores in Austin, San Antonio
Ryan Salchert at San Antonio Business Journal
Carrefour’s Brazilian IPO May Raise as Much as $1.7 Billion
Thomas Mulier at Bloomberg
Walgreens to roll out urine, blood testing at some stores
Chicago Tribune
QVC Has Quietly Become Successfull With Streaming Audiences, and Nearly Half Its Revenue Is From Ecommerce
Sami Main at Adweek
Why this store opening should terrify T.J. Maxx
Judge shoots down challenge to J. Crew debt deal
Target will open its downtown Minneapolis liquor store on Friday
Dan DeBaun at Minneapolis/St.Paul Business Journal
Walmart escalates war of words with Amazon (with truckers)
Lisa Fickenscher at NY Post
Alimentation Couche-Tard obtains clearance from the Competition Bureau in Canada for the acquisition of CST Brands
Newest Nordstrom Pop-In shop looks like the inside of a computer and features tech-focused gear
Kurt Schlosser at GeekWire
Hank Meijer says dad would have been proud of retailer’s new urban store format
Shandra Martinez at MLive
Southeastern Grocers to Commit All Profits on the Fourth of July to Hope For The Warriors
This Amazon-backed media startup has raised $15 million to make a big bet on commerce
Jason Del Rey at Recode
Interview with Antonio Ocaranza, Director, Corporate Communication at Walmart Mexico & Central America
Brand Channel