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Daniel Hofkin of William Blair asks about comps in other categories. $ROST COO Michael O'Sullivan said in terms of other merchandise performance, the company had categories that performed well, home and shoes did very well for it. Comparable store sales slowed 1-2 points from the company's trend in 2H15.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.