In remarks at the NRF’s annual “Big Show” conference Monday, Target Chief Operating Officer Rick Gomez said the company saw a sharp jump in sales on promotional days such as its Circle Week, an event in early October that coincided with Amazon Prime Day.
The retailer now expects same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter – above previous expectations that it would stay flat.
Scotiabank (TSX:BNS) analyst Nat Schindler updated the price target for Amazon.com (NASDAQ:AMZN) to $306.00, a significant increase from the previous $246.00. Currently trading at $235.42, Amazon has demonstrated remarkable strength with a 50% return over the past year.
NEW YORK (AP) — Target's rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant's philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis, where it is based, and beyond.
Twin Cities Pride asked Target not to participate this year, while some Black business owners are asking people not to shop at the retailer.
Amazon.com, Inc. (NASDAQ:AMZN), with its impressive $2.51 trillion market capitalization, continues to dominate the e-commerce and cloud computing landscapes. Recent analyst reports highlight the company's strong position in artificial intelligence (AI) and retail expansion,
Anger at Target surged after it followed other companies that abandoned DEI programs, but Black-owned businesses that struggled to earn shelf space there urged critics to focus on buying minority-owned companies' products instead.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Amazon.com stock climbed to a record intraday high on Tuesday, and analysts say investors could expect the good times to keep going in 2025. Shares of the e-commerce company rose 2.3% to $240.83, putting it in position for a record close,
Tabitha Brown addresses Target's DEI rollback, warning of potential harm to Black-owned brands sold at the retailer.
The bookseller is applying its sales model—where online purchases support indie bookstores—to digital books. It has also released a mobile app for shopping and reading ebooks.