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Walmart is showing it can keep pulling in shoppers and outpacing rivals like Target in an uncertain economic environment. and ...
It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...
But today's focus is on the state of retail, with Walmart (WMT) reporting a mixed second quarter and Target (TGT) delivering ...
Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America ...
Target named an insider as its next chief executive officer Wednesday, a decision that comes as the discount retailer tries ...
To be sure, the macro-environment is not as favorable to Target as many others. It’s merchandise mix is more discretionary than essential. And during a time when consumers have become more “choice-ful ...
The world's largest retailer — like many others — has been absorbing most of the increased costs, but raising prices of some goods.
Shares of Walmart ( WMT) were down 5.0% in early trading on Thursday. Target ( NYSE: TGT) shed 1.7% and Costco Wholesale ( NASDAQ: COST) traded 2.1% lower. Dollar General ( DG) was 1.6% lower in early ...
Walmart's Q2 earnings missed Wall Street profit forecasts with adjusted EPS of $0.68, but sales surged to $177.4bn as e-commerce, memberships, and advertising drove growth.
When I used to work at The Boston Globe, the business writers used to pitch stories on how much certain CEOs were paid, ...