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Daniel Binder of Jefferies asks about the online strategy. $COST said it is taking a number of initiatives especially on the merchandising side, by increasing the number of items. Over the coming months, the company expects to see an improvement in the number of clicks, an improvement on search and a much streamlined returns process.
$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.