What in the world is going on in US retail and is there any safe haven in the space?
Estimize’s CEO, Leigh Drogen, and SVP of Media, Christine Short, are joined by Jeff Macke of Macke Asset Management and Spencer Jakab, Deputy Editor for Wall Street Journal’s Heard on the Street.
Dick's Sporting Goods whiffs on expectations, stock falls 10%
Consolidated same-store sales increased 2.4%, falling short of the company’s expectations of 3% to 4% growth. E-commerce sales for Dick’s increased by 11% to reach 9.3% of total net sales.
Travis Kalanick’s $68 Billion Empire Could Be in Trouble
Two of Uber’s biggest rivals just combined forces.
Staples, Inc. Announces First Quarter 2017 Performance
North American Retail sales for the first quarter of 2017 were $1.5 billion, a decrease of eight percent compared to the first quarter of 2016. Store closures negatively impacted first quarter 2017 sales growth by approximately two percent. Comparable store sales decreased six percent versus the prior year. The decline was primarily driven by technology products, office supplies, and ink and toner.
