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Walmart, Tariffs Push

Walmart is surging ahead of Target as tariffs take a toll

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

The New York Times · 1h

Walmart Sees Sales ‘Momentum’ Despite Tariffs

After mixed reports from retail rivals, Walmart reported better-than-expected quarterly results and raised its sales forecast for the year.

Wall Street Journal · 2h

Walmart Wins Over More Shoppers as Tariffs Push Prices Higher

The retail giant’s U.S. comparable sales rose 4.6% in the latest quarter.

Target Picks Insider

The Associated Press on MSN · 12h

Target CEO to step down amid company struggles

Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.

U.S. News & World Report · 1d

Target's COO Will Lead the Struggling Retailer When CEO Brian Cornell Steps Down in February

Cornell will transition to be executive chair of the board. Cornell, 66, took the helm at Target in August 2014. In September 2022, the board extended his contract for three more years and eliminated a policy requiring its chief executives to retire at age 65.

Bloomberg L.P. · 9h

Target Picks Insider as CEO to Lead Turnaround; Shares Drop

Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales.

4hon MSN

How Target let Walmart steal its rizz

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO ...

1hon MSN

Walmart reports solid second-quarter sales and profits despite a challenging tariff environment

NEW YORK (AP) — Walmart Inc. reported increases in second-quarter profits and sales Thursday as it continues to pull in price ...

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50m

Earnings live: Walmart stock under pressure after earnings miss, Target slides

The gush of second quarter earnings reports is beginning to slow to a trickle, and with most of the reports in, the results have been mostly positive.

Retail Earnings On Deck This Week: Home Depot, Walmart, Target

Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending ...

Target's new CEO pick raises doubts about its much-needed brand reboot

Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.

18hon MSN

Target’s CEO is stepping down as customers turn away

Target CEO Brian Cornell is stepping down after 11 years at the retailer, as the company faces slumping sales and backlash to ...

1mon

Target says it's ending its Amazon and Walmart price matching policy after a 12-year run

Target is ending a price matching policy that for 12 years allowed customers to request a price match if they found an ...

Walmart, Home Depot, Target: Earnings this Week

Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).

1don MSN

Target customers may soon flee to Walmart due to alarming change

According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, ...

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