Annex Wealth Management
Target raises 2024 profit forecast as price cuts draw shoppers
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Adobe Analytics
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
000 items
Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
22% surge
Target, Walmart shoppers seek home goods, grocery delivery online
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.
Alison Steinberg
Walmart Goes “Full Blown” Woke & PublicSquare Disrupts Business
Another giant corporation has apparently “gone woke” — and its one you probably wouldn’t suspect.
$5 meal deal
Target lowering prices on 5,000 items in bid to lure more shoppers
Still-high food prices and borrowing costs have made cash-crunched customers more conscious of their spending on pricey items and look for cheaper products in stores and online.
America
Walmart Cutting Hundreds Of Corporate Jobs, Relocating Majority Of Remote Workers To HQ
Walmart announced on Tuesday that it’s planning to cut hundreds of jobs at its corporate headquarters and will relocate a majority of its U.S. and Canada-based remote employees to three offices.
Arkansas
Walmart Closing 51 Clinics As It Changes Landscape Of Its Entire Health Division
Walmart has announced that they are shutting down all 51 health care centers in six states and ending virtual health care services, the company said in a statement on Tuesday.
amendment
Initiative To Amend California’s Prop.47 Collects Enough Signatures To Land On November Ballot
More than 900,000 signatures have been gathered to roll back features on a decade-old law in California, known as Proposition 47. Many residents and state leaders say Prop.47, is fueling the state’s growing homelessness and crime crises.