In a business update, Walmart provided a revised outlook for the fiscal second quarter and full year as it takes pricing actions to improve inventory levels at Walmart and Sam’s Club stores in the United States. The company expects comparable sales for Walmart U.S.,...
As it revised financial guidance, Target Corp. announced it is acting to “right-size” its inventory for the balance of the year and create additional flexibility to focus on serving guests in a rapidly changing environment. Target stated that it intends to...
Looking ahead to 2022, the Institute for Supply Management forecasts that economic improvement in the United States will continue for both the manufacturing and services sector. Based on a December survey of purchasing and supply management executives, the December...