Melissa Repko

Retail reporter @CNBC. I post here rarely, so find me on LinkedIn or reach me at [email protected].

[Melissa Repko @melissa_repko]

Worth noting Target’s report is at odds with Walmart’s quarterly report yesterday. Walmart has seen improving sales trends with discretionary merchandise. https://t.co/srxUNIYn49 $WMT

[Melissa Repko @melissa_repko]

Just in: Target cuts forecast after discounter posts its biggest earnings miss in two years. $TGT https://t.co/f9zqYXJDfE

[Melissa Repko @melissa_repko]

“We do source from several Asian countries, so we’re watching it closely,” McPhail said. “We’ve been focused on diversifying sourcing for years, and we’ll continue to assess sourcing decisions going forward.” $HD

[Melissa Repko @melissa_repko]

On President-elect Trump’s proposed tariffs: Home Depot CFO Richard McPhail told me most of the company’s goods come from North America. But he said it is monitoring the plan, since it sources from several Asian countries & Mexico. $HD

[Melissa Repko @melissa_repko]

Just in: Home Depot’s sales are improving, but it says consumers are still cautious about spending. The company posted its 8th consecutive quarter of declining same-store sales. $HD https://t.co/LqhcoDQpjc

[Bertha Coombs @berthacoombs]

As $CVS $WBA cut back, $WMT is now an even bigger player in pharmacy, taking on $AMZN pharmacy, with delivery. via ⁦@melissa_repko⁩ ⁦@annikakimc⁩
https://t.co/j2NcGJ6RXP

[Melissa Repko @melissa_repko]

Walmart-owned Sam's Club is testing a future without checkout lines. That’s one of several digital features that’ll be in its newest club, which opens mid-October in the Dallas area. $WMT https://t.co/90IdDiU13o

[Melissa Repko @melissa_repko]

Just in: Target beats on earnings and revenue, but gives cautious sales outlook for the year. $TGT https://t.co/FVwZzYpnxX

[Melissa Repko @melissa_repko]

Just in: Lowe's cuts its full-year outlook as it expects home improvement sales to weaken. $LOW https://t.co/27IehXJmXj

[Carl Quintanilla @carlquintanilla]

Walmart CFO to @melissa_repko: "We don't see any additional fraying of consumer health."

Raises guidance.
Shares look to open at an all-time high. $WMT

[Leslie Josephs @lesliejosephs]

Home Depot expects sales to weaken more as consumer demand eases @melissa_repko reports https://t.co/cOXs5ISKYQ

[Jordyn Holman @JordynJournals]

A stunning stat from @melissa_repko's piece on how Macy's massive store closures will effect malls across the U.S. She notes that Macy's "has closed more than a third of its namesake stores over the last 10 years" https://t.co/hGVevUqA5p

[Melissa Repko @melissa_repko]

Macy’s will leave a lot of giant, empty spaces behind when it shuts about 150 stores. I took a closer look at what those former mall anchors may become: https://t.co/5h92BbOJK2

[Melissa Repko @melissa_repko]

“Customers only have so much attention.”

Amazon’s CFO Brian Olsavsky said distraction from the Olympics and Trump assassination attempt contributed to the company’s weak forecast, @annierpalmer reports. https://t.co/GK9BQpRfjX

[Melissa Repko @melissa_repko]

Kohl’s is betting on babies to drive its turnaround. I visited one of its stores to see its Babies R Us shop, which it is opening in 200 stores. $KSS https://t.co/wBTgPMo4Mg

[Melissa Repko @melissa_repko]

Wild story that captures the dynamics of Amazon & other retailers’ 3P marketplaces…. Amazon sellers lost coveted buy box ahead of Prime Day because their prices were lower on Target’s website, @annierpalmer reports. https://t.co/wdvpEc9GWO

[Melissa Repko @melissa_repko]

Just in: Costco hikes its membership fee for the first time since 2017. $COST https://t.co/xh8aa0F2MR

[Melissa Repko @melissa_repko]

Just in: Walmart is opening five automated distribution centers for fresh food across the U.S. The retailer is modernizing its supply chain as more of its customers order groceries online.
$WMT https://t.co/2C47nHRtz8

[Melissa Repko @melissa_repko]

Inflation may be cooling, but consumers’ outrage about higher prices is still going strong. @Thxamelian and I took a closer look at the pressure retailers and restaurants are now under to offer better deals. https://t.co/i9mKMMrlXG

[Melissa Repko @melissa_repko]

Costco’s Kirkland Signature has a devoted fan following. Walmart-owned Sam's Club is trying to better compete by raising the bar on its own private brand, Member’s Mark. $WMT $COST
https://t.co/HUxUjMv0nN