Target Corp: latest retail news and insights | ESM Magazine

Target Set To Post First Quarterly Revenue Drop In Six Years As Consumers Cut Spending

Target Corp is expected to post its first quarterly drop in revenue in about six years when it reports results as the big-box retailer reels from a shift i...

Walmart Lifts Annual Sales, Profit View On Resilient Consumer Spending

Walmart raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as groceries.

Walmart Cautious On Economy, Forecasts Earnings Below Estimates

Walmart Inc forecast full-year earnings below estimates, saying it was cautious about the economic outlook for 2023 and that consumers were likely to conti...

Costco Quarterly Results Miss Estimates As Demand Weakens, Costs Jump

Costco Wholesale Corp has reported first-quarter results that missed analysts' estimates, with surging inflation pushing consumers to cut back spending and...

Kroger Raises Annual Forecasts On Upbeat Grocery, Essentials' Demand

Kroger Co has raised its annual sales and profit forecasts as inflation-hit consumers drive up demand for groceries and household essentials at the cost of...

Target Profit Falls As Discounts Fail To Spur Spending By Inflation-Weary Consumers

Target Corp reported a 90% fall in quarterly earnings and missed comparable sales estimates as its inflation-hit customers reined in spending on discretion...

Walmart.com Drew Higher-Income Shoppers Looking To Buy Food

US inflation at a four-decade high has hit lower-income Americans the hardest. On Tuesday, Walmart's results showed that those with bigger wallets are gett...

Target Lifts Holiday Sales Forecast, Although Higher Supply Costs Loom

Target has raised its sales forecast for the holiday season, boosted by early Christmas shopping, even as the retailer grappled with higher costs stemming...