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Target Q1 Comps, Earnings Fall but CEO Cornell Anticipates Better Future

Target Q1 Comps, Earnings Fall but CEO Cornell Anticipates Better Future

by Mike Duff | May 22, 2024 | Retail Articles

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...
Walmart Exceeds Q1 Expectations With Help From Home

Walmart Exceeds Q1 Expectations With Help From Home

by Mike Duff | May 16, 2024 | Featured News, Retail Articles

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...
Walmart Offering New Marketplace Sellers Discounted Tools, Services

Walmart Offering New Marketplace Sellers Discounted Tools, Services

by Mike Duff | Jan 27, 2023 | Retail Articles

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...
Dollar Tree To Pass the Buck with New Pricing Strategy

Dollar Tree To Pass the Buck with New Pricing Strategy

by Mike Duff | Oct 1, 2021 | Retail Articles

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...

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