Walgreens Boots Alliance Q2 sales +4.1% Press release   ...Walgreens tops estimates as drugstore chain cuts costs, prepares to go private at CNBC. "Earnings per share: 63 cents adjusted vs. 53 cents expected...Revenue: $38.59 billion vs. $38 billion expected." Read more   Sam’s Club picks Publicis Groupe as its integrated agency of record Ad Age subs.   Walmart+ Week takes place from April 28 through May 4 "50¢ off every gallon of fuel at participating Exxon and Mobil stations...Up to 2 free sandwiches from Burger King daily...6 months of the Paramount+ with SHOWTIME plan..." Press release   ...Walmart is [...]

  De minimis trade loophole that boosted Chinese online retailers to end May 2 at CNBC. "Wednesday’s announcement...gives customs officials, retailers and logistics companies more time to prepare. Goods that qualify under the de minimis exemption will be subject to a duty of either 30% of their value, or $25 per item. That rate will increase to $50 per item on June 1, the White House said." Read more   RH Q4 revenue +10% Press release   ...RH’s stock slammed by new tariffs and outlook, but CEO offers this praise for Trump administration at MarketWatch. "That would-be new world greeted [...]

  Amazon resumes drone deliveries after two-month pause at CNBC. "In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet. Amazon discovered an abnormality with the drone’s altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground..." Read more   Two people arrested in connection to train robberies of Nike shoes at USA Today. "The Hualapai Nation Police Department [...]

  H&M posts weaker-than-expected fiscal first-quarter sales in slow start to the year at CNBC. "Sales at the Swedish fashion giant rose 2%...Operating profit totaled 1.2 billion in the first quarter, versus 1.9 billion Swedish krona expected." Read more   Petco Q4 comp sales +0.5% Press release   Amazon launches personalized shopping prompts as part of its generative AI push at TechCrunch. "...announced on Wednesday a new feature called “Interests,” aimed at creating a more personalized and conversational search experience. With the new feature, customers can enter tailored prompts in the search bar, reflecting their interests, preferences, and even their budget." Read [...]

  Consumer confidence plummets to lowest level since January 2021 at CNN   Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout at CNBC. "U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according to Affirm." Read more   Retailers Bulk Up Inventories to Blunt Tariff Impact at WSJ. "The Logistics Managers’ Index, a monthly survey of supply-chain managers, showed inventory levels expanded in February at the fastest rate since June 2022. The [...]

  Dollar General Corp. Q4 comp sales +1.2% "For fiscal 2025, the Company expects...Same-store sales growth in the range of approximately 1.2% to 2.2%."  Press release   ...Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better at CNBC. "For the fourth-quarter, Dollar General said same-store sales growth of 1.2% was driven entirely by 2.3% growth in average transaction. Customer traffic fell 1.1% during the period, “impacted by ongoing financial pressures of our core consumer,” Vasos said." Read more   Trump threatens 200% tariff on European alcohol as trade war escalates at CNN   PPI showed no [...]

  Dick's Sporting Goods Q4 comp sales +6.4% Press release   ...Dick’s Sporting Goods is latest retailer to forecast rocky 2025 at CNBC. "In the year ahead, Dick’s is expecting earnings per share to be between $13.80 and $14.40, well short of Wall Street estimates of $14.86..." Read more   Kohl's Q4 comp sales down 6.7% Press release   ...Kohl's downbeat annual sales forecast sends shares tumbling at Yahoo. "Kohl's expects 2025 comparable sales to decline 4% to 6%, compared with estimates for a 0.9% drop, according to data compiled by LSEG. Earnings per share is projected in the range of [...]

  BJ's Wholesale Club Q4 comp sales (ex-fuel) +4.6% "...guidance for fiscal 2025: Comparable club sales, excluding the impact of gasoline sales, to increase 2.0% to 3.5% year-over-year." Press release   Kroger Q4 ID sales (ex-fuel) +2.4% "Full-Year 2025 Guidance: Identical Sales without fuel of 2.0% – 3.0%." Press release   Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs at Bloomberg. "Some suppliers, including producers of kitchenware and clothing, have been asked to lower their prices by as much as 10% per round of tariffs, essentially shouldering the full cost of Trump’s duties, according to the people, who [...]