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The Latest Breaking News from Target

Walmart earnings smash forecasts as low prices reel in consumers

Walmart attracted shoppers with lower-priced items, in contrast to rival Target, posted stronger-than-expected Q2 earnings and lifted its full-year profit forecast.

The Street

Walmart earnings on deck amid mixed results from Target, Home Depot

Walmart, which has been leaning on grocery sales to offset a pullback in discretionary spending, will report second quarter earnings prior to the opening bell.

The Street

3 Dividend Kings To Buy And Hold Forever in a Retirement Portfolio

Looking for ideas in your financial freedom or retirement portfolio? Here's 3 stocks that fit the bill.

Barchart

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Stock market today: Asia follows Wall Street lower after Fed's notes dent hopes of rate hikes ending

Asian stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished

The Independent UK

Stock Market Today: Stocks Close Lower After Fed Minutes

While the major indexes finished lower for a second straight day, Target gained ground after its Q2 earnings beat.

Kiplinger

Target Q2 sales fall on muted spending, Pride month backlash, and it cuts profit outlook for 2023

Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise

The Independent UK

Target says backlash against LGBTQ+ Pride merchandise hurt sales

Conservative hostility over Target's Pride merchandise took a material hit to the company's sales, indicating a broader trend in backlash against companies for supporting the LGBTQ+ community.

WEKU

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Target execs regret lgbtq promos

Target executives waved the white flag during the company's second quarter earnings call.

The Street

Target sees drop in sales after rightwing backlash to Pride merchandise

Sales fell 5.4% over the last three months, a higher decline than expectations, according to second-quarter earnings report

The Guardian - US

Dow Jones Reverses Ahead Of Fed Minutes; Tesla Stock Slides On More Price Cuts

The Dow Jones reversed Wednesday ahead of today's Fed minutes. Tesla stock skidded after the EV giant cut prices in China again.

Investors Business Daily

Target surges on Q2 earnings beat, but Pride backlash hits sales

Target slashed its 2023 profit forecast, even after beating Q2 earnings estimates, suggesting consumers face significant spending pressure in the second half.

The Street

Walmart Stock: Dow Jones Giant Beats, Hikes Outlook After Target Rallies On Earnings

Walmart stock rose early Thursday on strong earnings and guidance. Target, TJX rallied Wednesday on their results.

Investors Business Daily

Once again, change is on the air for CNN.

The Street

Amazon admits a mistake and cuts most private label brands

The online retailer has invested hundreds of millions in something consumers have not embraced and now it's making a change.

The Street

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Chicago Sun-Times

Exodus of major, full-service grocers offering healthy variety paints a bleak picture of food access for some in Chicago

The number of Chicagoans living over a mile away from a supermarket or superstore — a major grocer — has jumped by 63% in the past decade, a WBEZ-Chicago Sun-Times analysis found.

Investors Business Daily

Indexes Mixed After Economic Data; Warren Buffett Stock Rises On Big Win

The Dow Jones rose as the Nasdaq fell. Retail stocks are in focus. Walmart rose on an analyst upgrade. Target and Walmart report earnings next week.

The Street

Walt Disney quietly sends a sharp (DeSantis-related) warning

Florida's right-wing governor has targeted the owner of Disney World, the largest tourism driver in the state.

The Street

Target is using this beloved brand to solve a major customer pain point

The iconic retailer is deepening a relationship with a beloved chain.

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Kiplinger

Target Expands Starbucks Food and Drink Curbside Pickup Service

Begun last year, the service will extend to more than 1,700 stores by October.

The Independent UK

Another Threshold candle recall? Target recalls 2.2 million products over burn and laceration risks

It’s time to check your candle supply again

The Independent UK

Stephen Miller’s legal group suing Target over LGTBQ+ Pride campaign after encouraging boycott

Former Trump adviser encouraged followers to boycott store

Chicago Sun-Times

Can classical music deter panhandlers? Walgreens blares Bach outside Chicago stores

The pharmacy chain has been playing orchestra music outside of certain Chicago stores, joining other major retailers who have been doing so in other states.

The Street

Boycotters vow to make Best Buy 'the new Bud Light'

Fresh off of the success of their boycott against Bud Light, social media political activists have set their sites on a new target.

The Street

Here's what it's like at the most shoplifted Walgreens in the U.S.

The San Francisco drugstore has seen its fair share of theft -- with little help in sight.

The Street

The Bud Light controversy is hurting Anheuser-Busch long term

Bud Light may only be the tip of the iceberg for Anheuser-Busch.

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