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Target reports declining sales but shares surge 17% as investors focus on earnings
Retailers placing goods on open display is an everyday miracle that could turn into a perk of the privileged
Retailer is losing out as Americans shift spending towards essentials
Profits top forecast but retailer reports first year-on-year decline in revenue in six years
Advocates urge continued support of LGBT+ rights despite boycotts of brands such as Target and Bud Light
Featuring examples of the most innovative services that legal teams have developed for their businesses
Investors should take the long view on the US retailer
Shares down 15% as ‘stressed’ consumers struggle to fund discretionary purchases
Coalition of 45 countries with 70% of GDP urged to collaborate to create markets for new technologies
Consumers are on the hunt for deals after hopes for a return to normal are dashed by soaring prices
Hit to earnings at retailer Target add to concerns over the growth outlook
Wealthier consumers splash out despite economic gloom while budget-conscious rein in spending
US retailer’s shares fall as concerns over economic slowdown intensify
US retailer expects hit to second-quarter margin as it cancels orders and offers additional discounts
Dollar outlets should benefit as cash-strapped shoppers trade down
Days inventory ratio shows the pile-up in unsold merch
Higher prices stun consumers while cost and inventory pressures hit chains in dismal week
Plus, some optimism on sticky inflation
Grim outlook will heighten investors’ concern over damage higher inflation is inflicting on corporate profits
Company blames mismatch on ‘bulky categories’ such as kitchen appliances, televisions and outdoor furniture
Shares in US retailer jump after annual sales pass $100bn
Lex was impressively wrong on meme stock favourites AMC and GameStop
The winners of this crisis must have deep pockets
Store investments have helped push market value above $130bn while rivals have struggled
San Francisco, Louisiana and retailer Target are the latest to reintroduce the requirement
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