Daily Headlines

August 26, 2019
Lowe’s CEO details plans for growth as construction begins on Charlotte tech hub
Hannah Smoot at Charlotte Observer
Stage Stores Q2 comp sales +1.8%
Manufacturers Want to Quit China for Vietnam. They’re Finding It Impossible. (WSJ subs.)
Niharika Mandhana at Wall Street Journal
Stein-Mart Q2 comp sales -1.9%
Nordstrom Q2 net sales: Full-price -6.5% / Off-price -1.9%
…Nordstrom shares jump after delivering strong profit, even as sales weaken in fiscal second quarter
L Brands Q2 comp sales -1% (vs. growth of 0.3% expected)
Ace Hardware Q2 US comp sales +1.7% / Online +58%
Tuesday Morning Q4 comp sales +0.7%
Target Q2 Earnings Call Transcript
Seeking Alpha
Football fans predict their go-to retailers & brands for football season
Field Agent
The 50 most influential people in convenience store history (Subs./Register)
Walmart selects design team for new home office campus in Bentonville
Kim Souza at Talk Business
Amazon has launched 150 tools and services since the beginning of the year for small and medium-sized businesses
Lowe’s Q2 Earnings Call Transcript
Seeking Alpha
Amazon just opened its biggest campus to date in Hyderabad, India — take a look inside
Business Insider
Walmart CEO: VR Training Helped Save Lives in El Paso Shooting
Grand opening held for Prince store at Minneapolis airport
John Ewoldt at Star Tribune
Costco to open its first store on Chinese mainland in the Minhang District of Shanghai on August 27
China Plus
Online resale store thredUP said on Wednesday it received $175 million in funding
Walmart suing Tesla after seven fires at stores that were using solar panels
Target CEO: The US trade war creates ‘uncertainty’ and ‘complexity’ for retailer