Amazon Announces Prime Day Event from June 23–26 Press release

 

…Target Circle Deal Days June 23–26 Press release

 

The Walmart blueprint: CEO John Furner’s first interview in the top job at Fast Company. “As thousands of Walmart employees descend on Arkansas for the company’s annual Associates Week, Furner sat down for his first in-depth conversation in his new role. He discussed everything from leading through a moment of massive change to turning forklift operators and developers alike into AI builders.” Fast Company subs.

 

Dollar General Q1 comp sales +2.0% “…increases of 1.4% in customer traffic and 0.5% in average transaction amount. Same-store sales in the first quarter of fiscal 2026 included growth in each of the consumables, seasonal, apparel, and home products categories.” Press release

 

…Dollar General Q1 2026 earnings beat, raises full-year EPS forecast at Quartz. “Looking ahead to fiscal 2026, the company lifted its full-year diluted EPS target to $7.20–$7.45 from the prior $7.10–$7.35 range, while leaving its top-line projections unchanged.” Read more

 

Walmart’s Answer to Apple Pay Wants to Be Your Favorite Financial App at Bloomberg. “Walmart Inc. is one of the last remaining merchants that’s been able to hold out against the swell of Apple Pay…Although it still has little name recognition among most Americans…OnePay — is now growing rapidly. The financial-technology service has 6 million monthly active users, double the number a year ago, according to people with knowledge of the company’s results, who asked not to be identified…” Bloomberg subs.

 

Victoria’s Secret & Co. Q1 comp sales +13.0% Press release

 

…Shoppers are treating themselves to bras and underwear at Victoria’s Secret at CNBC. “The lingerie retailer raised its full-year guidance on Tuesday after blowing past earnings estimates in its fiscal first quarter, citing lower tariff costs and more customers willing to spend full price on its products. Shares of Victoria’s Secret soared about 40% in premarket trading.” Read more

 

Target’s Newest Food Distribution Center @ 529k Square Feet Press release

 

What Trump Delivered for Amazon at Bloomberg. “The feds were pushing a landmark case about Amazon’s control of its contract drivers. Then the president put Amazon’s former lawyer in charge.” Bloomberg subs.

 

Signet Jewelers Q1 comp sales +1.8% Press release

 

The Trade Desk Appoints Nate Olmstead CFO After a Year of Executive Turnover at Adweek. “Olmstead joins The Trade Desk at a consequential stretch for the company with its stock  down about 70% over the past year…the company has…faced growing pressure from agency partners while contending with rising competition from Amazon and Google.” Read more

 

Crystal Bridges opens 114,000-square-foot expansion this weekend at Talk Business. “The project… expanded the 200,000-square-foot museum by about 50%…Crystal Bridges was founded in 2005…by philanthropist Alice Walton.” Read more