Target Q3 Comp Sales -0.2% "Comparable sales growth in Signature Categories outpaced total comparable sales by more than 3 percentage points; digital channel sales increased by 26 percent." Press release   ...CNBC: Target shares soar as sales, earnings top Wall Street forecasts; raises guidance "The retailer now expects its holiday quarter same-store sales to come in between -1 percent and 1 percent, compared with -2 percent to flat, previously." Read more   Lowe's Q3 Comp Sales +2.7% Press release   ...Fox Business: Lowe's Misses, Warns After Late-Summer Softness "CEO Robert Niblock says activity was slow in August and September but [...]

  Home Depot Q3 Comp Sales +5.5% / +5.9% in US "The Company reaffirmed its fiscal 2016 sales guidance and expects sales will be up approximately 6.3 percent and comp sales will be up approximately 4.9 percent." Press release   ...Fox Business: Home Depot Sales and Revenue Rise as Customers Spend More Per Transaction "The company's sales per square foot rose 4.3% as the amount the average customer spent rose 3%." Read more   Dick's Q3 Comp Sales +5.2% "...compared to the Company's guidance of an approximate 2 to 3% increase. Same store sales for Dick's Sporting Goods increased 5.5%, [...]

  Amazon’s Home Services adds 20 more metro regions as it preps new “Assistant” role by Ingrid Lunden at TechCrunch. "...bringing the number of markets covered to 50. News cities getting added today include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC and Trenton, NJ." Read more   American Apparel Seeks Bankruptcy Protection a Second Time by Steven Church at Bloomberg. "American Apparel Inc. filed for bankruptcy less than a year after ending its first stint under court protection, and agreed to sell the brand to Gildan Activewear Inc., [...]

  J.C. Penney posts surprise drop in same-store sales at Reuters. "J.C. Penney reported a surprise 0.8 percent fall in quarterly comparable-store sales on Friday...Analysts on average had expected Penney's same-store sales to increase 2.7 percent." Read more   Jeff Bezos doesn’t want to send Trump to space anymore by James Covert at NY Post. "Congratulations to @realDonaldTrump,” Bezos tweeted. “I for one give him my most open mind and wish him great success in his service to the country.” Read more   Alibaba's Singles' Day Obliterates Cyber Monday's Sales Total In Less Than Two Hours at Fortune. "$1 billion [...]

  Macy's shares drop as sales, earnings fall short of expectations at CNBC. "Macy's said that it earned 17 cents a share, adjusted, in the fiscal third quarter, on revenue of $5.626 billion. Wall Street had expected Macy's to report earnings of 41 cents per share, compared with 56 cents a share in the prior-year period." Read more   ...Macy's Q3 Comp Sales -2.7% Press release   Wal-Mart's Thanksgiving sale will begin three hours earlier...sort of by Krystina Gustafson at CNBC. "The world's largest retailer said Thursday that its website will kick off its online Black Friday sale three hours [...]

  CVS Reports Q3 Results - Trims Outlook "Pharmacy same store sales rose 3.4% and pharmacy same store prescription volumes rose 3.0% on a 30-day equivalent basis...Front store same store sales decreased 1.0%, which were negatively affected by softer customer traffic." Press release   ...Fox Business: CVS Cuts Profit Forecast, Shares Fall "CVS cut its 2016 adjusted earnings forecast to $5.77-$5.83 per share from its prior forecast of $5.81-$5.89 per share." Read more   YESTERDAY - Sam's Club CEO Brewer discusses holiday deals in exclusive Facebook Live event See the video   Target hires supply chain exec from Walmart by Dan DeBaun at [...]

  As holidays approach, stores struggle to sort out Hanjin shipping mess by Natalie Kitroeff at LA Times. "Idle chassis are “the top issue” that retailers are worried about, said Jonathan Gold, the vice president of supply chain and customs policy at the National Retail Federation. “They need those chassis back on the ports to get the full load of containers back out” of the ports, Gold said. “The longer this goes on, it continues to be a concern.” Read more   EBay Returns to TV for the Holidays by Adrianne Pasquarelli at Ad Age. "Ms. Deering declined to say how much [...]

  CVS Health to cut about 600 jobs over next two months at Fox Business. "...mostly at its corporate offices in Rhode Island, Illinois and Arizona over the next two months, citing an increasingly competitive environment." Read more   Visa ups ante in battle with Walmart, offers Manitobans $10 to shop elsewhere by Barbara Shecter at Financial Post. "We hope this eases the inconvenience for Visa cardholders in Manitoba who cannot use their card everywhere they may want to,” Visa Canada spokesperson Carla Hindman said in an interview. Alex Roberton, a spokesman for Walmart Canada, told CBC News: “We don’t [...]