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NRF: October Retail Sales Edge Up

Retail sales in October increased 0.2% seasonally adjusted over September and were up 4.2% unadjusted year-over-year, the National Retail Federation said. The numbers exclude automobile dealers, gasoline stations and restaurants.

Retail
Michaels Strengthens Senior Leadership Team

Michaels has made several changes to its senior executive leadership team. Vidya Jwala has been appointed to the newly created role of chief customer officer, Scott Lindblom has been promoted to evp/chief information officer and Holly Shaskey-Platek has been promoted to evp/chief human resources officer.

Financials
Walmart Approaches Holidays After Strong Q3

As Walmart prepared in stores and online for the upcoming holiday season, the retailer posted a strong third quarter, with both net income and sales growth as well as the Walmart U.S. division in particular recording a solid performance. 

Trade Shows
NY Now Sets Stage For Winter Market

The winter edition of NY Now will take place on February 1 to 5, 2020 at the Javits Convention Center in New York City. NY Now said it will also be taking the next step in its “Retail Renaissance” movement by transforming the winter market into an immersive, experiential environment focused on fueling discovery, igniting the imagination and embracing the retailer journey.

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