Target's holiday shopping forecast is a bit of a bummer. They think sales will stay the same, and profits might go down. This isn't great news for Target, which saw sales go up by just 0. 3% last quarter. Their shares dropped by as much as 20% in early trading on Wednesday. Target is like a canary
September saw a surprising boost in retail sales, rising 0.4% compared to the previous month. This bump was even better than the experts' guesses. And guess what? People are buying way more stuff than just cars: those sales jumped 0.5%. Even factors like inflation barely made a dent when you look at
Retail stores have seen a bigger bump in sales than expected last month. Despite some hurricanes causing chaos, new jobless claims dropped by surprise. This good news has traders thinking a rate cut by the Fed is almost guaranteed next month. More numbers are coming out later today, including how w
Target's recent sales surge, following the shutdown of several crime-ridden stores, has sparked conversations among retailers and policymakers. The retail titan's COO, Michael Fiddelke, credits the improvement to diminished 'inventory shrink,' a term that refers to losses resulting from shoplifting
