Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
At a time when marketplaces are competing for sellers and sellers are expanding by signing onto multiple platforms and developing direct-to-consumer sites, Walmart is trying to entice would-be partners with 90-day discounts on tools and services that can help...
In what potentially could be a shift that would substantially broaden the product assortment, Dollar Tree has announced plans to begin adding new price points above $1 across all Dollar Tree Plus stores and to test additional price points above $1 in selected legacy...