Target: latest retail news, insights and analysis | ESM Magazine

Dollar Tree Forecasts Tepid Annual Profit On Costs, Pivot To Spending On Essentials

Dollar Tree forecast annual profit largely below estimates, owing to higher costs and a shift in spending towards lower-margin consumables.

Walmart Raises Forecasts, Tops Sales Estimates As Lower Prices Pull In Shoppers

Walmart Inc raised its full-year forecasts and beat estimates for second-quarter sales, underscoring its strength in offering lower prices on everything fr...

Target Cuts Annual Forecasts As Americans Hold Back On Non-Essential Spending

Target has lowered its full-year sales and profit expectations and forecast a dour third quarter, in another sign that Americans, squeezed by inflation, ar...

Walmart Set To Raise Full-Year Forecast As Shoppers Stick To Essentials

Walmart is set to raise its full-year earnings forecast on Thursday when it reports quarterly results, as U.S. shoppers continue to buy essentials even as...

Target Adds Starbucks Menu To Its Drive Up Service

US variety retailer Target has added Starbucks to its Drive Up service following a successful pilot.

Amazon Results Could Bode Well For Rival Retailers Walmart, Target

Amazon's strong quarterly results are one more sign that Americans are still shopping, despite months of ominous economic indicators, and could be a positi...

Amazon's 'Biggest Ever' Prime Day Boosts US Online Sales To $12.7bn

US online sales during Amazon.com's Prime Day shopping event rose 6.1% to $12.7 billion (€11.3 billion) from last year, as inflation-hit Americans hun...

Amazon Prime Day Sales Rise As Deep Discounts Tempt Inflation-Hit Customers

Amazon.com's Prime Day shopping event saw US online sales rise nearly 6% to $6.4 billion from a year ago on its first day, Adobe Analytics data showed.