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Bloomberg50d agoneutral
Amazon Prime Day Shoppers Plan to Hold Out for Steep Discounts

(Bloomberg) -- Patrice Kihlken used to get excited about Amazon.com Inc.’s annual Prime Day sale because she found the deals to be “really good.” This year she’ll browse the site for dresses and art supplies, but she’ll only buy them if the price is right. She’s been tracking prices and taking screenshots just to make sure.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10%

Walmart and Target gain ground before Prime Day battle
TheStreet51d agoneutral
Walmart and Target gain ground before Prime Day battle

Amazon Prime Day evolved out of the company's desire to grow Prime memberships and create a shopping holiday during the slower summer season. The company frames the event, which launched in 2015, as a gift to loyal customers. "Prime Day is about celebrating our members by providing them with ...

102-year-old supermarket chain quietly shut down
TheStreet51d agoneutral
102-year-old supermarket chain quietly shut down

Grocery stores used to serve as neighborhood hubs, because before delivery, the internet, and retailers like Target and Walmart moving into the space, brick-and-mortar retailers were the only option. When I was a kid back in the 1980s, my town had a Star Market. That was the only supermarket that ...

Target makes its smartest $1 billion investment yet
TheStreet53d agoneutral
Target makes its smartest $1 billion investment yet

Target has faced no shortage of challenges over the past few years. Like many retailers, the company has had to navigate shifting consumer spending habits, inflationary pressures, and a retail environment where shoppers have become more selective about where they spend their money. Plus, as Target ...

Kroger's new CEO reveals the chain's biggest problems
TheStreet54d agoneutral
Kroger's new CEO reveals the chain's biggest problems

Walmart, Target, and Costco generally enjoy pricing advantages over traditional grocers. They can all sell at lower markups because they don't need to make their money on food and other household basics. That's good news for consumers avidly looking for the lowest prices, according to Consumer ...

95-year-old beloved supermarket chain closes longtime stores
TheStreet54d agoneutral
95-year-old beloved supermarket chain closes longtime stores

An iconic supermarket chain is closing stores in key markets, eliminating grocery store choices for local residents as companies close underperforming locations. Grocery chains have faced economic challenges such as rising labor and product costs driven by inflation, fierce competition from ...

Bloomberg56d agoneutral
US Retail Sales Rise in Broad Gain Despite Higher Gas Prices

(Bloomberg) -- US consumers ramped up spending in May across a broad range of retailers, signaling households powered ahead despite higher gasoline prices.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealThe value of retail purchases rose 0.

Target taps designer Isaac Mizrahi for new role as creative director at large
Associated Press58d agoneutral
Target taps designer Isaac Mizrahi for new role as creative director at large

Target is tapping designer and TV personality Isaac Mizrahi for a newly created role as creative director at large as the discounter aims to reclaim its reputation for stylish clothing on a budget. In Mizrahi's new role, the fashion designer, who is known for its vibrant colors and who burst on the design scene in the late 1980s, will mentor Target designers, advise on product design and innovation and bring on fresh new partnerships, the company said Monday.

Walmart and McDonald's chase $7.5B World Cup boom
TheStreet59d agoneutral
Walmart and McDonald's chase $7.5B World Cup boom

For two weeks every four years, Americans embrace soccer and may even remember that the rest of the world calls it football. This year, however, football-mania will be running even more wild than during a typical World Cup because the United States is hosting the global event. That's a massive ...

Big name takes on Coke and Pepsi with Target-exclusive soda
TheStreet60d agoneutral
Big name takes on Coke and Pepsi with Target-exclusive soda

Arguably, you can blame Ryan Reynolds and maybe Sammy Hagar. Those two celebrities showed that unrelated fame could help launch a beverage brand. In Hagar's case, at least his music and image ties him logically to his tequila brand, while in Reynolds' case, he turned Aviation Gin into a massive hit ...

Vera Bradley Q1 Earnings Call Highlights
MarketBeat62d agoneutral
Vera Bradley Q1 Earnings Call Highlights

Vera Bradley (NASDAQ:VRA) reported a return to year-over-year revenue growth in the first quarter of fiscal 2027, with management pointing to improving product traction, tighter inventory control and lower expenses as signs that its turnaround plan is gaining momentum. Chairman and Chief Executive

Walmart, Target make play for Sephora, Ulta shoppers
TheStreet67d agoneutral
Walmart, Target make play for Sephora, Ulta shoppers

During the Covid pandemic, when nobody was leaving the house and life was happening over Zoom, a lot of people reduced their spending by virtue of having no place to go. But one category remained strong even as consumers were cutting back elsewhere — beauty. The beauty category has ...

Target hijacks Amazon to keep winning shoppers back
TheStreet70d agoneutral
Target hijacks Amazon to keep winning shoppers back

For the past year, many big retailers have been battling to attract the cash-strapped American consumers. Then there’s Target, which also faced a set of challenges of its own, stemming from several controversies and boycotts over its Pride collection and the scaling back of its DEI (diversity, ...

Your favorite cereal is about to leave Target's shelves
TheStreet75d agoneutral
Your favorite cereal is about to leave Target's shelves

As a kid, my parents had strict, somewhat arbitrary rules about sugary cereal that now look a lot more like early versions of a national food debate. The government has since taken a more active role in what used to be solely parental decisions about food, and retailers like Target are responding ...

Why Walmart’s Post-Earnings Dip Is A Diversification Play
Trefis77d agoneutral
Why Walmart’s Post-Earnings Dip Is A Diversification Play

Walmart (NASDAQ: WMT) stock has dropped 11% over the past five trading days. This downturn comes right on the heels of the company's recent Q1 2027 earnings release, where, despite strong e-commerce growth and beating revenue forecasts, the stock faced immediate pressure. It is a pullback that should make investors take notice.

Target has strong message for disappointed customers
TheStreet81d agoneutral
Target has strong message for disappointed customers

Target has spent the past few years battling a reputation problem that has proven difficult to shake. Once known for clean, well-merchandised stores and a “cheap chic” shopping experience, the retailer has more recently faced criticism from shoppers over messy aisles, inconsistent inventory, ...

Strong Retail Earnings in a Tough Environment
Zacks82d agoneutral
Strong Retail Earnings in a Tough Environment

Strong results from Walmart's general merchandise business is a key takeaway from its results. The very strong sales performance at Target confirms this favorable reading, suggesting that the persistent softness in discretionary spending categories in the post-COVID period may have run its course.

BofA makes blunt call on Target stock price after guidance
TheStreet82d agoneutral
BofA makes blunt call on Target stock price after guidance

Target gave investors a better profit outlook after its latest quarter, yet Bank of America is still taking a cautious view on the stock as the retailer works through a longer turnaround in a competitive consumer backdrop. BofA reiterated its Underperform rating on Target and kept its $110 price ...