Target’s Profits Drop 90% As It Relies On Discounts To Get Rid Of Inventory

Topline Target’s profits for the second quarter of 2022 fell by more than 90% compared to the previous year as the retail giant was forced to rely on deep discounts to sell off excess inventory. Targe...

Walmart Jumps Over 5% After Solid Earnings And Further ‘Progress’ Reducing Inventory Levels

Topline Shares of the nation’s largest retailer, Walmart, surged over 5% on Tuesday after the company reported revenue and profits that came in above Wall Street expectations, while management also ci...