The retailer will close locations in New York, San Francisco, Seattle and Portland, saying its business had been hurt and the safety of employees and customers was at risk.
Category: Target Corporation
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Target’s Sales Hit by Pride Month Merchandise Backlash
The retailer’s quarterly sales fell, in part because of boycotts over Pride-themed displays, and it cut its forecast for the full year.
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Walgreens Executive Says Shoplifting Threat Was Overstated
The New York Times – Business:In a call with investors on Thursday, the chief financial officer of Walgreens, James Kehoe, said “maybe we cried too much last year” over theft.
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The Vintage Christmas Decoration Making a Comeback This Year
The New York Times – Fashion & Style:Forget the blow-up Santas for your lawn. A new generation of old-fashioned blow mold decorations have come to town.
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Billions of Dollars at Stake in a Puzzling Holiday Shopping Season
The New York Times – Business:It promises to be unpredictable, with retailers and consumers still figuring out how much will be spent and on what kinds of goods.
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The Stores That Will Be Open on Thanksgiving and Black Friday 2022
The New York Times – Business:Many large retailers said they planned to close their doors on Thursday.
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US Shoppers Are Still Spending, as Long as Retailers Give Them a Reason
The New York Times – Business:Retail sales rose last month, and several companies reported strong earnings. But discounts seemed to drive a significant portion of purchases.
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Amid Inflation, Retailers Brace for Strapped Holiday Shoppers
The New York Times – Business:Retailers have navigated pandemic closures and supply chain snarls in recent years. But dealing with the fallout from inflation could be an even tougher test.