An errant e-mail from a Wal-Mart Stores Inc. executive bemoaning the state of February sales weighed on the company’s stock today, pushing it down 2.2 percent to $69.30 today.
Jerry Murray, Wal-Mart’s vice president of finance and logistics, told colleagues in a Feb. 12 email that month-to-date sales were “a total disaster,” according to a report by Bloomberg News, which obtained internal company e-mails. A Wal-Mart spokesman did not immediately return a request for comment.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)