INSIDER
A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Read full article: A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarterTarget has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items.
The Target car seat trade-in event begins Sunday: What to know
Read full article: The Target car seat trade-in event begins Sunday: What to knowIf you bring in an old, expired or damaged car seat for Target to recycle you can get a 20% off bonus to be used for a new car seat, stroller or select baby gear.
A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly decline
Read full article: A tale of two retailers: Target reverses sales slump while Macy's reports another quarterly declineGrocery aisle deals for cash-strapped customers and an emphasis on affordable but stylish clothes has helped Target reverse a year-long sales slump.
Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
Read full article: Stock market today: Wall Street pulls closer to records after retailers top profit forecastsU.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations.
Stores are more subdued in observing Pride Month. Some LGBTQ+ people see a silver lining in that
Read full article: Stores are more subdued in observing Pride Month. Some LGBTQ+ people see a silver lining in thatWith Pride Month in full gear, U.S. shoppers can find the usual merchandise many stores stock for the June celebration of LGBTQ+ culture and rights.
Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash
Read full article: Target to reduce number of stores carrying Pride-themed merchandise after last year's backlashTarget confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month in June in some stores after the discount retailer received a backlash last year for its assortment.
The Target car seat trade-in event begins today: What to know
Read full article: The Target car seat trade-in event begins today: What to knowIf you bring in an old, expired or damaged car seat for Target to recycle you can get a 20% off bonus to be used for a new car seat, stroller or select baby gear.
Police looking for man brandishing pocket knife at downtown Ann Arbor Target
Read full article: Police looking for man brandishing pocket knife at downtown Ann Arbor TargetOfficials said the suspect and victim bumped into each other while walking into the 231 S. State St. retailer around 8:40 p.m. on Monday.
US consumers remain confident, but their feelings about the near future are a bit more cloudy
Read full article: US consumers remain confident, but their feelings about the near future are a bit more cloudyU.S. consumer confidence held steady this month even as Americans are still concerned about high prices and feeling less optimistic about the short-term future.
Target launches new paid membership program in a bid to drive sales at a time of cautious spending
Read full article: Target launches new paid membership program in a bid to drive sales at a time of cautious spendingTarget, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game.
Man arrested for performing series of lewd acts, including exposing himself in Target store
Read full article: Man arrested for performing series of lewd acts, including exposing himself in Target storeSteven Simmons, 31, from Detroit, was arrested for performing a series of lewd acts, including exposing himself in a Dearborn Target store.
Target stops selling product dedicated to Civil Rights icons after TikTok video shows errors
Read full article: Target stops selling product dedicated to Civil Rights icons after TikTok video shows errorsTarget says it will stop selling a product dedicated to Civil Rights icons after a now-viral TikTok video spotlighted some significant errors.
The secret life of gift cards: Here's what happens to the billions that go unspent each year
Read full article: The secret life of gift cards: Here's what happens to the billions that go unspent each yearAmericans are expected to spend nearly $30 billion on gift cards this holiday, according to the National Retail Federation.
What stores are open and closed on Christmas Day in 2023? Hours for Walmart, Kroger, CVS and more
Read full article: What stores are open and closed on Christmas Day in 2023? Hours for Walmart, Kroger, CVS and moreWith Christmas right around the corner, you might want to check the list of what stores are open (and closed) twice.
Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concerns
Read full article: Amazon, Target and more will stop selling water beads marketed to kids due to rising safety concernsThree major U.S. retailers — Amazon, Target and Walmart — say they’re suspending sales of water-bead products marketed to young children due to growing safety concerns.
Oakland County to offer Target, Meijer gift cards in exchange for unwanted firearms
Read full article: Oakland County to offer Target, Meijer gift cards in exchange for unwanted firearmsMetro Detroiters will be able to hand over unwanted, functioning firearms in exchange for Target or Meijer gift cards at Oakland County’s gun buyback event in December.
Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenue
Read full article: Macy's puts up strong third quarter numbers, raises profit outlook and top end of full-year revenueMacy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations.
Target tops third quarter profit expectations, but inflation weighs on shoppers
Read full article: Target tops third quarter profit expectations, but inflation weighs on shoppersTarget on Wednesday reported a hefty third-quarter profit increase that handily beat Wall Street expectations, benefiting from efforts to hold down costs.
Stock market today: Asian shares fall over China-US jitters following Biden's meeting with Xi
Read full article: Stock market today: Asian shares fall over China-US jitters following Biden's meeting with XiAsian shares have retreated after Wall Street added a bit more to its big rally from a day before.
‘This was dumb’: Well-known thief arrested after leading police on high-speed chase in Detroit
Read full article: ‘This was dumb’: Well-known thief arrested after leading police on high-speed chase in DetroitA man accused of walking out of the Target on Grand River Avenue with a cart full of stolen merchandise is accused of leading police on an eight-mile-long high-speed chase where he rammed multiple cars.
Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns
Read full article: Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concernsTarget says it's closing nine stores in four states, including one in New York City’s East Harlem neighborhood, and three in the San Francisco Bay Area.
Retail sales rise 0.6% in August largely due to a spike in gas prices
Read full article: Retail sales rise 0.6% in August largely due to a spike in gas pricesAmericans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school.
Wholesale price inflation accelerated in August from low level
Read full article: Wholesale price inflation accelerated in August from low levelU.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve.
Target Q2 sales fall on muted spending, Pride month backlash, and it cuts profit outlook for 2023
Read full article: Target Q2 sales fall on muted spending, Pride month backlash, and it cuts profit outlook for 2023Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
Pressure cookers sold at Target, Lowe’s, on Amazon recalled over burn hazard
Read full article: Pressure cookers sold at Target, Lowe’s, on Amazon recalled over burn hazardPressure cookers sold at popular stores like Target, Macy’s, JCPenny, Lowe’s and online on Amazon are being recalled due to a potential burn hazard.
Man accused of attacking woman outside Target in Troy faces murder charge in Detroit stabbing
Read full article: Man accused of attacking woman outside Target in Troy faces murder charge in Detroit stabbingA man accused of attacking a woman as she got into her car in a Target parking lot in Troy is now also facing a murder charge in a deadly stabbing that happened days later.
How an attack outside Target in Troy might be linked to a Detroit murder case
Read full article: How an attack outside Target in Troy might be linked to a Detroit murder casePolice believe the man accused of attacking a woman as she got into her car outside a Target store in Troy might be responsible for murdering another woman days later in Detroit.
GOP attorneys general shift the battle over affirmative action to the workplace
Read full article: GOP attorneys general shift the battle over affirmative action to the workplaceThirteen Republican state attorneys general are cautioning CEOs of the 100 biggest U.S. companies on the legal consequences for using race as a factor in hiring and employment practices.
Police: Man linked to abduction attempt of woman in Target store parking lot, Detroit murder arrested
Read full article: Police: Man linked to abduction attempt of woman in Target store parking lot, Detroit murder arrestedDearborn police have arrested the man linked to an abduction attempt of a woman while she tried to get into her car outside a Target store in Troy and a Detroit murder of another woman.
Police search for man who attacked woman in Target store parking lot in Troy
Read full article: Police search for man who attacked woman in Target store parking lot in TroyIn a post that’s all over social media and the NextDoor app, a woman says she was attacked while trying to get into her car in the Target store parking lot near Crooks and Maple roads.
Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Read full article: Consumers are spending, but Wall Street and businesses expect a tighter squeeze aheadMacy’s, Target and Dollar General are warning investors their sales will suffer this year as consumers shift spending to essentials.
Pride becomes a minefield for big companies, but many continue their support
Read full article: Pride becomes a minefield for big companies, but many continue their supportDozens of big companies from Delta and Coca-Cola to Walmart are sponsoring LGBTQ+ Pride events and displaying racks of Pride-themed merchandise.
LGBTQ+ activists call for new strategies to promote equality after Target backlash
Read full article: LGBTQ+ activists call for new strategies to promote equality after Target backlashActivists in the LGBTQ+ community are calling for new ways to mobilize against threats to their long fight for equality.
Why is Target pulling some Pride merch? The retailer's response to hostile backlash, explained
Read full article: Why is Target pulling some Pride merch? The retailer's response to hostile backlash, explainedTarget is removing some items and making other changes to its LGBTQ+ merchandise nationwide after intense backlash from some shoppers ahead of Pride month.
Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothing
Read full article: Target becomes latest company to suffer backlash for LGBTQ+ support, pulls some Pride month clothingTarget is removing certain items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride month, after an intense backlash from some customers including violent confrontations with its workers.
Target recalls 5M candles for laceration, burn hazard: Full list of products, what to do
Read full article: Target recalls 5M candles for laceration, burn hazard: Full list of products, what to doTarget is recalling nearly five million candles after six reports of injuries including lacerations and severe burns.
Walmart shines in rough retail environment, ratchets up outlook after strong first quarter
Read full article: Walmart shines in rough retail environment, ratchets up outlook after strong first quarterWalmart reported strong first-quarter sales results as the nation’s largest retailer’s low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation.
Target wrestles with pullback in spending and theft that may cost retailer more than $1B this year
Read full article: Target wrestles with pullback in spending and theft that may cost retailer more than $1B this yearTarget has reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.
Tepid outlook from Target after 4th quarterly profit dip
Read full article: Tepid outlook from Target after 4th quarterly profit dipTarget plans to invest as much as $5 billion this year expanding services for customers, including a drive up service for returns, renovations at 175 stores and improvements in online shopping.
Armed man shot inside Target got rifle 4 days earlier
Read full article: Armed man shot inside Target got rifle 4 days earlierPolice say the man who was fatally shot by police after entering a Target store in Omaha, Nebraska, armed with an AR-15-style rifle had obtained the weapon just four days earlier at a sporting goods store.
Here is why you should use a password manager for your internet accounts
Read full article: Here is why you should use a password manager for your internet accountsIf you use the same password for everything, from Netflix to your bank account, you are a prime target for hackers. That’s why password protection is so important for you and those around you.
US retail sales rose 1.3% last month, a sign of resilience
Read full article: US retail sales rose 1.3% last month, a sign of resilienceAmericans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates.
Target's 3Q profit drops 52% as shoppers force price cuts
Read full article: Target's 3Q profit drops 52% as shoppers force price cutsAn unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.
Target takes a hit after heavy discounts to clear inventory
Read full article: Target takes a hit after heavy discounts to clear inventoryTarget has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to clear unwanted inventories of clothing, home goods and other discretionary items.
Indian government approves new emissions targets
Read full article: Indian government approves new emissions targetsNine months after India announced its target of “net zero” emissions by 2070 at the United Nations climate conference in Glasgow, the country’s federal cabinet finally approved a new climate plan on Wednesday.
Woodhaven police search for thief who stole bikes from teens
Read full article: Woodhaven police search for thief who stole bikes from teensThe Woodhaven Police Department is putting the alert out for a thief who stole from two kids, a 12-year-old and a 14-year-old.The bikes were stolen from the Target store on Allen Road.
US growth in Q4 revised lower to 6.9%, slower growth to come
Read full article: US growth in Q4 revised lower to 6.9%, slower growth to comeThe U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates.
Target to invest up to $5 billion to fuel more growth
Read full article: Target to invest up to $5 billion to fuel more growthTarget will invest up to $5 billion this year in physical stores, new brands and expanding its online fulfilment as the discounter continues to drive sales growth and differentiate itself from rivals.
Target seeks to entice workers with pay of up to $24 an hour
Read full article: Target seeks to entice workers with pay of up to $24 an hourWorkers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year.
Help Me Hank: Closer look at Cyber Monday deals, online shopping safety
Read full article: Help Me Hank: Closer look at Cyber Monday deals, online shopping safetyCyber Monday is finally here, the biggest online shopping day of 2021. It’s expected there will be $11 billion in sales worldwide today alone with an estimated 188 million shoppers making purchases.