Atlanta Federal Reserve
US retail sales rebound moderately; underlying trend remains firm
Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
AMERICA FIRST LEGAL
Florida Files Lawsuit Against Target Over DEI Policies
The Sunshine State has filed a federal lawsuit against Target, claiming the retail chain misled investors by failing to disclose that they would be selling diversity, equity and inclusion (DEI) merchandise, specifically for its LGBTQ+ Pride merchandise line in 2023.
Amazon
Target sued by Florida for defrauding shareholders about DEI
Target was sued by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading its stock price to decline.
Alien
DHS Secretary Kristi Noem Announces New Transnational Multi-Million Dollar Ad Campaign Targeting Illegal Aliens
Department of Homeland Security Secretary Kristi Noem launched on X, a new transnational multi-million dollar ad campaign advising illegal aliens to self-deport or be deported.
apparel
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Barbies
Seeing low-income consumers squeezed, retailers target $10 and under gifts
Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.
Adobe Inc.
US retailers aim to cash in on Cyber Monday with steep online discounts
Retailers are pulling out all the stops with steep promotions and discounts on their websites and apps after the long Thanksgiving weekend.
affirmative action
Walmart Reduces DEI Programs, Pulls LGBTQ Items From Website
Walmart on Monday confirmed that it’s ending multiple DEI programs, removing some LGBTQ-related merchandise from its website and getting rid of a nonprofit that funded programs for minorities.
annual sales
Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
brian cornell
Target Reports Largest Earnings Miss In 2 Years
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.