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...
Tag: excess inventory
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...