Retail Focus 6/22/18 – Kroger Excels; Court Rules on Sales Tax; July 4th Seasonal Outlook

We start with Kroger, who burst through even the most bullish of expectations in their earnings call this week. From there, we discuss the court ruling that opens the door for states to require e-commerce pure plays to collect sales tax, and Dollar General’s hiring and self-checkout initiatives. Finally, we use prior insight from Jake’s Fireworks Retail Director Jason Marietta to determine how robust seasonal sales might be for July 4^th, and look ahead to a Sears Holdings pilot with Kmart.