Catenaa, Tuesday, March 04, 2025– Target reported reduced sales in the fourth quarter of 2024, the company reported on Tuesday, as sales fell by 3.1% from a year earlier with reduced consumer spending. Target’s sales fell to $ 30.91 billion from $ 31.9 billion, but that beat expectations. The net income of $1.1 billion, or $2.41 per […]
Catenaa, Wednesday, August 20, 2025- Target stock fell by about 9% on Wednesday as the struggling retailer replaced its CEO with a company veteran even as its business showed signs of improvement in the second quarter. Target announced that long-time employee Michael Fiddelke would be taking over for Brian Cornell on February 01, 2026. Cornell, […]
Catenaa, Thursday, August 21, 2025- Walmart reported increased profits and sales for Q2 on Thursday as the retailer finds success in e-commerce despite a tariff-induced price-sensitive environment. The company said it earned $7.03 billion, or 88 cents per share, for the three months ended July 31. That compares with $4.50 billion, or 56 cents per […]