target

Benesch

EU formally passes Digital Markets Act to target anti-competitive behavior in the online marketplace | JD Supra

As the name suggests, DMA is for large online platforms, including the platforms that consumers and businesses interact with and use on a daily basis, including search engines, social media, technology providers online advertising, cloud computing and online messaging. Globally, including in the US and EU, lawmakers and government agencies have raised concerns that major …

EU formally passes Digital Markets Act to target anti-competitive behavior in the online marketplace | JD Supra Read More »

Wall Street ends lower after Target outlook and Micron bid cut

Wall Street ends lower after Target outlook and Micron bid cut

October retail sales rise more than expected Target’s bleak outlook weighs on retailers Micron supply cut triggers chip sell-off Indices down: Dow 0.12%, S&P 0.83%, Nasdaq 1.54% Nov 16 (Reuters) – Major Wall Street indexes ended lower on Wednesday as a gloomy outlook for Target sparked fresh concerns over retailers ahead of the crucial holiday …

Wall Street ends lower after Target outlook and Micron bid cut Read More »

Inventories fall after retail sales;  Target dives on missed gains

Inventories fall after retail sales; Target dives on missed gains

The Dow Jones Industrial Average fell Wednesday morning after stronger than expected retail sales data from the Commerce Department. Investors also digested a series of early earnings reports from retailers. Target plunged more than 16% on weak results, while Nvidia’s earnings are expected to be released after the close. X Among the best stocks to …

Inventories fall after retail sales; Target dives on missed gains Read More »

Target warns of weak holiday quarter, plans cost cuts as profits tumble and sales slow

Target warns of weak holiday quarter, plans cost cuts as profits tumble and sales slow

A sign outside a Target department store on June 07, 2022 in Miami, Florida. Target said it expects earnings to suffer in the near term as it marks junk items, cancels orders and takes aggressive action to get rid of excess inventory. Joe Raedle | Getty Images Targetearnings fell about 50% when it emerged Inventory …

Target warns of weak holiday quarter, plans cost cuts as profits tumble and sales slow Read More »

Cupid's Singles Day arrow is way off target for weary Chinese shoppers

Cupid’s Singles Day arrow is way off target for weary Chinese shoppers

Singles’ Day has drawn a lukewarm response from Chinese shoppers this year, the latest indication that consumers and retailers in the world’s biggest market remain spooked by Xi Jinping’s zero-Covid policy and crackdown on excess. Jack Ma’s Alibaba Group has spent years making November 11 the biggest retail event on the planet, enlisting the services …

Cupid’s Singles Day arrow is way off target for weary Chinese shoppers Read More »