Retail News Brief

  • Shein Brings Back Campus Tour Promotion Across Four US States

  • Target’s Q2 Report Card Shows Turnaround May Be Working

  • Lowe’s Trims Full-Year Guidance As Growth, Sales Remain Minimal

  • Amazon Prime Air To Service Almost 500 US Cities By End of 2026

  • Home Depot Shows Strong Q2 Results, Reaffirms Full-Year Guidance


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Retail News Brief

  • Shein Brings Back Campus Tour Promotion Across Four US States

  • Target’s Q2 Report Card Shows Turnaround May Be Working

  • Lowe’s Trims Full-Year Guidance As Growth, Sales Remain Minimal

  • Amazon Prime Air To Service Almost 500 US Cities By End of 2026

  • Home Depot Shows Strong Q2 Results, Reaffirms Full-Year Guidance


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  • Shein Brings Back Campus Tour Promotion Across Four US States

    Shein is bringing back its Campus Tour, this time visiting four U.S. states including two stops in Georgia, two stops in North Carolina, and a stop each in Florida, and New Jersey. Games, giveaways, photo opportunities, and other attractions aim to bring college students to the events (more).

  • Target’s Q2 Report Card Shows Turnaround May Be Working

    Target’s turnaround effort could be working, if its Q2 report card is any indication. Net sales were up 5.3% YoY, and comp sales improved by 3.8%, beating estimates of 2.4%. “We’re encouraged by the progress made so far, and we’re also clear-eyed about the important work still ahead,” CEO Michael Fiddelke said (more).

  • Lowe’s Trims Full-Year Guidance As Growth, Sales Remain Minimal

    Lowe’s cut its full-year sales and profit guidance to match the lower end of its previous range — sales of $92 billion versus a range of $92 billion-$94 billion earlier — as sales rose to $25.96 billion in the most recent quarter against $23.96 billion a year ago, and comp sales improve just 0.2%. “Sustained growth in Pro, Online and Home Services led to our fifth consecutive quarter of positive comp sales, despite pressure in discretionary DIY spending,” Lowe’s chairman, president and CEO Marvin Ellison said (more).

  • Amazon Prime Air To Service Almost 500 US Cities By End of 2026

    Amazon has stated it intends for its drone-based Prime Air service to expand to cover nearly 500 U.S. cities by year’s end, which would represent a 6x increase over its current capabilities. “Customers continue to demand faster delivery times. Bottom line is we have yet to reach diminishing returns when it comes to how fast we deliver to our customers,” said David Carbon, VP of Prime Air (more).

  • Home Depot Shows Strong Q2 Results, Reaffirms Full-Year Guidance

    Home Depot delivered wins on EPS (at $4.92 adjusted versus $4.73 expected) and revenue (at $47.86 billion against $47.27 billion anticipated) during its second quarter while also reaffirming it’s full-year guidance. “We continue to operate in what I call ‘frozen housing market’ conditions, but we also know that we’re taking share and that we’re serving our customers better every day,” CFO Richard McPhail said (more).

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