Target, Walmart
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Several big-box U.S. retailers are reporting second-quarter earnings this week, offering a glimpse into the spending habits of consumers and the continued impact of President Trump’s trade war. Here a
Target's stock is down, and Walmart's stock is up. Do you buy the stock performance winner or the loser of this matchup?
Now, investors have another wrinkle to consider. On Wednesday, Target replaced its CEO of 11 years, Brian Cornell — a shakeup that was widely expected and likely overdue. Taking his place to steer the brand out of its malaise is … Cornell’s right-hand man.
Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending habits of U.S. consumers and the continued impact of President Trump’s trade war.
Further, 49% of shoppers believe that Walmart is offering the best BTS deals this year, followed by Target (22%) and Amazon (12%).
Target needs a hard reset on strategy, Wall Street believes. And new CEO Michael Fiddelke may not be the person to do it.
Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).
While Target has seen a steady decline in same-store visits for roughly the past 18 months, Walmart has made gains in that area. Foot traffic is not a be-all, end-all metric because both of these chains are omnichannel retailers,
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