AutoZone saw its worst trading day in four years on May 27, with trading on May 28 also beginning with further slight losses to share price. The news comes despite the retailer delivering beats on both EPS ($38.07 for the quarter, versus $36.28 expected) and revenue ($4.84 billion against $4.83 billion anticipated), with a sales slowdown attributed to weather patterns being blamed (more).

Foot Locker is returning to growth with modest comp sales growth — particularly stateside — but remains something of an anchor on parent company Dick’s Sporting Goods as turnaround efforts cost. “At a time when sports are at the center of culture, Dick’s is having little issue attracting customers. But maintaining profitability expectations has proven more challenging,” CNBC reported (more).

Lululemon’s high-profile proxy battle has ended in a settlement which will see two of founder Chip Wilson’s nominees — former ESPN CMO Laura Gentile and former On co-CEO Marc Maurer — appointed to the board. Meanwhile, Wilson has agreed to refrain from badmouthing Lululemon for a period of ~18 months (more).

Following the removal of BP chairman Albert Manifold over reports of bullying and aggressive behavior, Manifold has replied that he was “removed without warning and without explanation.” “I dispute entirely the characterization of my conduct and I will not allow a false narrative to go unchallenged,” he added (more).

Kwik Trip has included a new raft of personalized offers to loyalty members via a partnership with AI company Eagle Eye, using gamification and AI to generate customized rewards to shoppers. “With Personalized Challenges, we can offer brands a targeted, measurable promotional vehicle that drives real incremental behavior,” said David Jackson, director of loyalty and digital marketing for Kwik Trip (more).