Lumber Liquidators sales fall more than expected via CNBC. "Sales at Lumber Liquidators' stores open more than 12 months fell 17.2 percent in the quarter, much steeper than the 12 percent drop expected by analysts polled by research firm Consensus Metrix." Read more   Ex-Lowe's Exec Named COO at Lumber Liquidators via Yahoo. "(Dennis) Knowles was responsible for overseeing the omni channel operations of more than 1,700 Lowe's stores across the country." Read the release   Amazon Partners With British Supermarket Chain Morrisons For Fresh Grocery Deliveries by Catherine Shu at Techcrunch. "Amazon has signed a wholesale supply deal with [...]

  Walmart Slashes 100+ Jobs at Headquarters by Phil Wahba at Fortune. "A spokesman for Walmart said the cuts affected 1-3% of headquarters’ tech staff. Walmart recently merged the teams that work on in-store tech in Bentonville and its e-commerce team in Silicon Valley, creating overlap." Read more   ...Job cuts could be as many as 300 based on an estimate by Talk Business & Politics by Kim Souza at The City Wire. Read more   New Toronto play to explore the rise and fall of Target Canada by Luke Simcoe at Metro News. "Outside the March theatre company will stage [...]

  Target takes a Silicon Valley approach to finding new products by Thomas Lee at San Francisco Chronicle. "The buyers seemed particularly impressed with Moxxly, a startup that makes a breast pump equipped with a sensor that transmits data about the amount of milk and the flow rate to a mobile app...The group seemed considerably less enthusiastic about a British entrepreneur who made his pitch about a smart pacifier via Skype. Problems with the online connection certainly didn’t help. “That was a disaster,” one person in the room said." Read more   Wayfair Q4 revenue increased $338.9 million to $685.6 million, [...]

  Target Q4 Comp Sales +1.9% "...driven by traffic growth of 1.3 percent. Digital channel sales increased 34 percent, contributing 1.3 percentage points to comparable sales growth. Fourth quarter comparable sales in signature categories (Style, Baby, Kids and Wellness) grew more than three times faster than the company average." Read the release   ...Fortune Headline: Target Crushed Walmart During the Holiday Shopping Season Read more   ...Reuters Headline: Target's comparable sales beat on demand for high-margin goods Read more   Lowe's Q4 Comp Sales +5.2% "Sales for the fourth quarter increased 5.6 percent to $13.2 billion from $12.5 billion in the fourth quarter [...]

  Home Depot Q4 US Comp Sales +8.9% "The Home Depot...today reported sales of $21.0 billion for the fourth quarter of fiscal 2015, a 9.5 percent increase from the fourth quarter of fiscal 2014. Comparable store sales for the fourth quarter of fiscal 2015 were positive 7.1 percent." Read the release   @ CNBC: "The key with Home Depot is that they kept warm weather product in the stores longer, and then as the weather shifted, they got the snow shovels, ice melt, generators, whatever else in their stores quickly, so they were really able to take advantage of what was [...]

  Amazon Raises Its Free Shipping Minimum To $49 For Non-Prime Members by Frederic Lardinois at TechCrunch. "The good news, though: if you’re buying books, the minimum to qualify for free shipping is still $25 (assuming those books are eligible for the free shipping promotion)." Read more   Brand Finance Global 500: The world's most valuable brands of 2016 (Walmart #8, Home Depot #28, Target #78...) See the top 500 list   Makeup-free Adele spotted on the shopping hunt in Target by Chelsea White at Daily Mail. "The Hello hitmaker was seen taking her time perusing the racks of West [...]

  Walmart is using bananas to lure customers through its remodeled supercenter by Chase Purdy at Quartz. "We are learning some interesting things along the way,” McMillon said, noting that most customers do online grocery shopping between 8 PM and 9 PM. There is also an uptick in orders in the middle of the night, often for diapers and formula. “While it’s been a while since my kids were that age, I remember those days well,” McMillon said." Read more   Walmart Q4 Earnings Call Transcript via Seeking Alpha. Read more   Harris Poll Releases Reputation Rankings For The 100 Most [...]

  Walmart Q4 US Comp Sales +0.6% "Neighborhood Market comps increased approximately 7%...Read the release ...CNBC: Wal-Mart posts earnings beat Read more ...Fox Business: Wal-Mart Lowers Sales Outlook Read more ...Tweet: @Retail_Guru - Walmart web sales +8%. Less than 1/3rd of Amazon's +26%. Despite being far smaller $WMT losing even more online share to $AMZN   Cabela's Q4 Comp Sales Down 3.5% "(Cabela's) plans to reduce working capital and sell unproductive assets. Lower inventory levels will be a major source of the reduction in working capital." Read the release   Canadian Tire Q4 Comp Sales +2.0% Read the release   Wal-Mart to create [...]