Target shares plummet as high inflation, supply chain clogs bite | Business and Economy News
Target shares appeared to be headed for their most severe sell-off since the Black Monday market crash of 1987. Target
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Retail
Walmart: Profits dragged down by inflation, supply chain woes | Retail News
The big-box retailer cut its full-year earnings forecast, sending shares down more than 8 percent in morning trading. Walmart reported
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US retail sales rise 0.9% in April in face of sky-high inflation | Retail News
The increase in retail sales was driven by greater sales of cars, electronics, and at restaurants, the US Department of Commerce.
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Amazon fires two employees with ties to NY grassroots union | Workers’ Rights News
The Staten Island labour union recently claimed the first successful US organising effort in the retail giant’s history. Amazon has
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BBAmazon’s rout spotlights gloomy forecast for e-commerce stocks | Financial Markets News
Etsy, Wayfair and Shopify are hurtling toward earnings reports this week in the shadow of Amazon’s deep selloff. The historic rout in
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In India, a new platform to curb the powers of Amazon, Flipkart | Business and Economy News
He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program to create
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Reliance abandons plans to buy Indian retailer amid challenges | Business and Economy News
Reliance’s decision to back out comes after almost two years of litigation as Amazon contested the takeover. By Suvashree GhoshBloomberg Published
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Target will let shoppers use food stamps to pay for online orders | Business and Economy News
Target is preparing to let United States shoppers use food stamps to pay for online orders, following in the footsteps
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Walmart ends cigarette sales in some stores | Retail News
Decisions about removing cigarettes at Walmart will be made on a store-by-store basis, the retail giant said on Monday. Walmart
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Back to Starbucks: Howard Schultz returns as interim leader | Business and Economy News
‘When you love something, you have a deep sense of responsibility to help when called,’ Schultz, who bought Starbucks in
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