Target, Wall Street and CEO
Digest more
Target CEO Brian Cornell to step down
Digest more
According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, Target will need to increase its prices to twice the rate of Walmart ( WMT) , its top rival, to weather the impact of tariffs.
Walmart and Target are classified as discount retailers. The divergence in their stocks’ performance this year is hard to ignore.
The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers Cos. Inc. and Walmart Inc. contributing the most to the index's rise. The Dow was up 83 points,
Target CEO Brian Cornell is resigning from his post after 11 years following the store's struggling sales and DEI rollback.
Hot toys such as Squishmallow building sets, Hasbro's Spider-Man action figures and Mattel's Barbie were included in container manifests.
Target ( TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
On his shopping list come Feb. 1, new Target CEO Michael Fiddelke faces a multitude of challenges from making its offer clearer to unwinding the damage from DEI missteps.
Target shares dropped as more details emerge about the retailer's profits. This comes as Walmart and The Home Depot prepare to report their quarter earnings. Akin Oyedele, a deputy editor at Business Insider,