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$CASY said in the grocery and other merchandise category same-store sales were above its annual goal, increasing 7.4% in 4Q16. Total sales during this period rose 9.4% to $477.5MM. The company experienced high single to low double-digit total sales growth in every area of this category, including cigarettes.
$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.