Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it joined other retailers to caution on 2023 earnings due to an uncertain U.S. economy.
Shoping carts are wheeled outside a Target Store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. REUTERS/Brendan McDermidQ4 discretionary inventories fall 13%posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it joined other retailers to caution on 2023 earnings due to an uncertain U.S. economy.
Surging prices over the last year have hurt demand for non-essential products, forcing retailers to cut prices on everything from toys to electronics to clear stocks.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Howard Hughes Corp. warns of lower land sales in 2023, fourth-quarter results beat estimatesHoward Hughes Corp. on Monday reported fourth-quarter results that beat expectations, but the real-estate developer warned that market anxiety would lead to...
Leer más »
Fisker pacifies investors with higher orders; keeps 2023 production targetElectric-vehicle startup Fisker Inc on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares soaring as much as 36%.
Leer más »
N.J. school closures, delayed openings due to snow storm for Tuesday (02/28/2023)New Jersey school districts announced school closings, delayed openings for Tuesday, Feb. 28, 2023 due a winter storm.
Leer más »
With no 2023 election opponents, 40% of lawmakers are having a relaxed sessionAlmost 40% of Mississippi lawmakers (69 of 174) will have no opposition this election cycle, meaning they won't face voter scrutiny until at least 2027.
Leer más »
How to Watch the 2023 SAG AwardsAfter a quarter of a century on cable, the SAG Awards are moving online and streaming on Netflix’s official YouTube channel.
Leer más »
The best turntables of 2023: U-Turn, Rega, Pro-Ject and more | Digital TrendsVinyl records are everywhere, but they only sound as good as the turntable you play them on. From beginners to audiophiles, here are the best for every budget.
Leer más »