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Target Q2 Earnings Exceed Expectations but Headwinds Pressure Top Line

Target Q2 Earnings Exceed Expectations but Headwinds Pressure Top Line

by Mike Duff | Aug 16, 2023 | Featured News, Retail Articles

Target Corp. managed to significantly boost earnings in the second quarter when the company experienced a more severe slowdown in sales than anticipated. In a conference call, Target chair and CEO Brian Cornell said the company has been adjusting to changing market...
Amazon, Veriff Partner To Confirm Online Identities

Amazon, Veriff Partner To Confirm Online Identities

by Mike Duff | Jun 19, 2023 | Retail Articles

As bad actors online continue to find ways to evade procedures designed to thwart them, Amazon Web Services has announced that Veriff, an identity verification firm, will reinforce its IT infrastructure with AWS resources. As such, Amazon and Verify will work together...
Walmart’s Furner Urges More Action Against Organized Retail Crime at NRF Security Event

Walmart’s Furner Urges More Action Against Organized Retail Crime at NRF Security Event

by Mike Duff | Jun 12, 2023 | Retail Articles

Organized retail crime is becoming a more serious issue as affirmed in an onstage discussion between John Furner, Walmart U.S. CEO and National Retail Federation board chairman, and Matthew Shay, NRF CEO, at the organization’s annual security conference. At NRF...
NRF Survey: Consumers Concerned About Retail Crime

NRF Survey: Consumers Concerned About Retail Crime

by Mike Duff | Jun 2, 2023 | Retail Articles

With the subject getting more attention, 55% of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the onset of the COVID-19 pandemic, according to a National Retail Federation survey. NRF asked consumers a...
Target Q1 Beats Street With Value Play To Appease Wary Shoppers

Target Q1 Beats Street With Value Play To Appease Wary Shoppers

by Mike Duff | May 17, 2023 | Featured News, Retail Articles

In the first quarter, Target Corp. shoppers visited stores more but spent less per visit for softer year-over-year earnings and flat comparable sales during a period still strong enough for Target to top Wall Street estimates. The company is adjusting operations to...
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