Company Earnings Update | October 21, 2016 Register for Free Access Walgreens (WBA) 4Q16 Results: EPS Beats Consensus, Rite Aid Merger ExtendedWalgreens reported fiscal 4Q16 adjusted EPS of $1.07, ahead of the $0.99 consensus estimate. Reported revenues were $28.64 billion, up 0.4% year over year and below the consensus estimate of $29.11 billion. Read More
Flash Report | October 11, 2016 Register for Free Access Samsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform DeveloperSamsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. Read More
Flash Report | October 10, 2016 Register for Free Access Chico’s FAS (CHS) Appoints Diane Ellis as President of the Chico’s BrandChico’s FAS has named Diane Ellis President of the Chico’s brand, effective November 1, 2016. Read More
Flash Report | October 7, 2016 Register for Free Access Walgreens Boots Alliance Displaces CVS from Tricare Pharmacy NetworkWalgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System. Read More
Flash Report | September 27, 2016 Register for Free Access Target’s Chief Digital Officer Departs the CompanyJason Goldberger, Target’s Chief Digital Officer and President of Target.com, departed the company late last week. Read More
Insight Report | September 23, 2016 Premium Nordstrom Announces President of Nordstrom.com and Strategic Shifts in Leadership ResponsibilitiesNordstrom has appointed former Executive Vice President of Strategy and Development, Ken Worzel, to the position of President of Nordstrom.com. Read More
Flash Report | September 20, 2016 Register for Free Access Consortium Finalizes the Acquisition of AéropostaleA consortium, which includes Authentic Brands Group (ABG,) General Growth Properties (GGP) and Simon Property Group (SPG,) announced it has finalized the acquisition of Aéropostale. Read More
Insight Report | September 20, 2016 Premium Under Armour Announced Senior Management Changes in North AmericaUnder Armour has announced Jason LaRose will assume the position of Company President for North America. He will succeed Matthew Mirchin. Read More
Company Earnings Update | August 26, 2016 Register for Free Access Ahold Delhaize (AD) 1H16 RESULTS: REVENUES AND NET PROFIT UP, INTEGRATION ON COURSEAhold reported 1H16 revenues of €20,720 million, up 3.7% from €19,977 million in 1H15. Net income grew by 10.3% to €450 million, and diluted EPS grew by 10.2% to €0.54. Sales in the US grew by 3.1% at constant currency, in the Netherlands by 4.8% and in the Czech Republic by 0.1%, also at constant currency. Read More
Insight Report | August 18, 2016 Premium Unilever to Acquire Air-Purification Brand BlueairOn August 16, consumer goods giant Unilever (LSE: ULVR) announced that it had agreed to acquire Blueair, a Swedish air-purification systems manufacturer, for an undisclosed sum. Read More
Flash Report | July 25, 2016 Register for Free Access VERIZON (NYSE: VZ) TO ACQUIRE YAHOO (NASDAQ: YHOO) OPERATING BUSINESS FOR $4.8 BILLION IN CASHTelecom carrier Verizon this morning announced a deal to acquire Yahoo’s core Internet business, some intellectual property and real estate. The deal is expected to close in 1Q2017, after which Yahoo will change its name and become a publicly traded investment company. Read More
Flash Report | May 17, 2016 Register for Free Access Target (TGT) Names Mark Tritton as EVP and Chief Merchandising OfficerOn May 17, Target announced the hiring of Mark Tritton as EVP and Chief Merchandising Officer (CMO). Read More
Insight Report | May 4, 2016 Premium Under Armour (UA) Announces the Departure of Two Key ExecutivesHenry Stafford, Chief Merchandising Officer at Under Armour, will leave the company in July. Kip Fulks, Chief Marketing Officer, will assume the Chief Merchandising Officer responsibility on an interim basis. Read More
Flash Report | March 23, 2016 Register for Free Access Nordstrom (JWN) Names Private Tech-Company CEO Kumar Srinivasan as Chief Technology OfficerToday, Nordstrom announced that Kumar Srinivasan joined the company as Chief Technology Officer (CTO). Read More
Flash Report | February 12, 2016 Register for Free Access Victoria’s Secret CEO Sharen Jester Turney Abruptly Resigns; L Brands’ Chairman and CEO Les Wexner to Assume RoleToday, L Brands announced that Victoria’s Secret CEO Sharen Jester Turney has decided to resign. Read More