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 ...

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

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

Shares of Walmart ( WMT) were down 5.0% in early trading on Thursday. Target ( NYSE: TGT) shed 1.7% and Costco Wholesale ( ...

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 ...

But today's focus is on the state of retail, with Walmart (WMT) reporting a mixed second quarter and Target (TGT) delivering another weak quarter on Tuesday. Both of these earnings reports couldn’t ...

The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and ...

Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry ...

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

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

The world’s biggest retailer posted quarterly revenue of $177.4 billion — a hefty 4.8% jump that sailed past Wall Street’s $175.9 billion target.

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