Daily Headlines

June 19, 2019
Lululemon Q1 comp sales +14%, beating a Refinitiv consensus estimate for 11.6% growth
Greenpeace ranks H-E-B last among 20 grocers on their plastic reduction plans
Houston Chronicle
A Buyout Won’t Solve Saks Owner’s Real Issue: Department Stores Are Dying (WSJ subs.)
Wall Street Journal
Why Targeting Millennial Consumers Might Not Be Such a Hot Idea After All (Tiered subs.)
Robert Klara at Adweek
Kroger and Ocado Break Ground on America’s First High-Tech Customer Fulfillment Center
Women’s clothing rental service Armoire raises more cash, moves into new Seattle HQ
Taylor Soper at GeekWire
Chewy founder on its fast-approaching IPO: “It’s like seeing by baby graduate”
Connie Loizos at TechCrunch
Amazon’s new rewards card targets those with bad credit
Sarah Perez at TechCrunch
Target expands childcare and paid family leave benefits
Readerlink works towards higher bid for Barnes & Noble
Walmart Presents at dbAccess Global Consumer Conference Call
Hudson’s Bay’s Richard Baker leads $1-billion bid to take retailer private
Marina Strauss at Globe & Mail
Casey’s Q4 comp sales. Fuel: Gallons -2.8% / Grocery & other Merch. +5.7% / Prepared Food & Fountain +2.0%
Nordstrom Announces Six Food And Beverage Concepts For NYC Flagship Opening In October
Sam’s Club to continue reducing products in inventory
Kim Souza at Talk Business
Amazon donates $8 million to fight homelessness in HQ cities
Build-A-Bear’s Pay Your Age returns with chaos-proof plan
Sonja Haller at USA Today
Amazon beats Apple and Google to become the world’s most valuable brand
Walmart has unleashed an army of robots in its stores and workers aren’t exactly thrilled about it
Drew Harwell at Washington Post via Financial Post
Big Carpet wants to end America’s love of hardwood floors
Matthew Townsend at Bloomberg via LA Times
The Buckle May comp sales -0.8%
Ex-Kohl’s Exec Named Nike’s New Global Chief Digital Information Officer