Walmart and Target’s Retail Trade Group Offers to Help Antitrust Investigators Looking Into Amazon and Google

A leading U.S. retail group, whose members include Walmart, is eager to aid antitrust enforcers that are poised to investigate whether Amazon and Alphabet’s Google are harming competition. The Retail Industry Leaders Association, which also represents Target and Best Buy among others, said it’s prepared to present their concerns to the Justice Department and the […]

Target’s Pre-Father’s Day Register Outage Cost the Retailer $50 Million, Analyst Says

The impact of Target’s weekend register glitch won’t show up until the retailer discloses quarterly revenue in August, but it could have cost the company about $50 million in lost sales, according to one analyst. Target’s registers went down for about two hours on Saturday across the chain, stemming from what the company called an […]

It’s Not Just Amazon: Free One-Day Delivery Is The New Normal

Amazon may have scored points on Wall Street last week with plans to invest $800 million so its Prime member subscribers can receive merchandise in one day. But analysts aren’t concerned the e-commerce giant’s brick-and-mortar competitors like Walmart and Target, with hefty online businesses themselves, have been caught off guard. Delivery is part of today’s […]

Amazon’s One-Day Delivery Plan Sends Target and Walmart Shares Tumbling

Amazon.com Inc. will spend $800 million in the current quarter to reduce delivery times for top customers to one day from two, trying to revive its main e-commerce franchise and ward off greater competition. The announcement came after the online retailer Thursday reported first-quarter profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud-computing, […]

Your Nation Is Counting On You

The U.S. Census matters, let us count the ways. Every ten years, the government takes a snapshot of the people who live in the U.S. When those snapshots are put together, they become a slow-moving movie of a changing nation. The data determines the shape of election districts, the allocation of state and federal representatives […]

Target Just Posted Its Best Results Since 2005. Here’s How It’s Winning the Retail War

Who says brick and mortar retail is dead? Shares of Target stock rose more than 4.5% on Tuesday after the company posted a blockbuster earnings report for the holiday season. Stores open for the past year posted an average 5.3% sales increase, marking Target’s strongest result since 2005. It wasn’t just sales that were up—Target […]