Retailers say customers are focusing on essentials

Mar 6, 2023
Between inflation and a possibly looming recession, some big box stores are on edge.
Retailers are shifting focus to match inflation-weary customers' preferences for savings over slurging.
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What Target's poor third-quarter results say about the retail sector

Nov 16, 2022
The company missed profit expectations, and its leadership is warning of a soft holiday season.
“In some ways, Target is a microcosm for what's happening in retail,” says Neil Saunders, managing director at GlobalData, a retail research firm.
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Target's bet to expand online sales: Make brick-and-mortar stores bigger

Nov 14, 2022
The retailer is planning to expand some new stores to include dedicated space for shipping and picking up online orders.
The exterior of a Target store in Los Angeles, California.
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Target's the latest company to ditch mandatory retirement for CEOs

Sep 7, 2022
With people living and working longer, many companies see the rules as outdated.
Brian Cornell, shown here in 2017, can stay on as Target CEO after turning 65.
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For every unsold good, there's a liquidator waiting

Aug 24, 2022
Big-box retailers are dumping excess inventory because of lower sales. Liquidators, who resell that merchandise, are thriving.
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The chaotic story of inventory in today's economy

Jun 8, 2022
Wholesale inventories were up in April. But now, some stores have too much inventory while others struggle to get the inventory they need.
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When consumers feel strapped, some brands do well anyway

May 27, 2022
Strong earnings from Nordstrom, Macy's and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.
Dollar Tree said groceries made up a bigger part of its sales last quarter — which could spell trouble for retailers like Walmart and Target.
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For public good, not for profit.

Retailers bulked up their inventories during the worst of the pandemic. Now they're stuck with them.

May 19, 2022
Big stores like Walmart and Target didn't foresee consumers pivoting away from shopping and toward going out.
Large retailers like Target and Walmart stocked up on goods — like office furniture or home decor — that shoppers bought during the pandemic. But consumers' spending habits are changing.
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Not wearing those leggings? Many retail stores are expanding into resale

Apr 15, 2022
Sustainability and demand for apparel make reselling used clothes an attractive option for brands, including Lululemon and Target.
Lululemon is getting into the clothing resale game, and it's not alone.
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Why Target and others are giving workers Thanksgiving off

Nov 22, 2021
Employers want to keep their workers happy in this tight labor market — and holiday staffing is expensive.
Target announced that it will be closed on Thanksgiving Day going forward.
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