Walmart continues to gain momentum — and market share — as back-to-school shopping winds down, leaving competitors like Target struggling to keep up. Executives at both companies said they remain cautious about the all-important holiday shopping season,

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.

The company marked a milestone in May — posting its first profitable quarter for its e-commerce business in the U.S. and globally.

But today's focus is on the state of retail, with Walmart (WMT) reporting a mixed second quarter and Target (TGT) delivering another weak quarter on Tuesday. Both of these earnings reports couldn’t have been more different, though each clearly showed the ...

The world's largest retailer — like many others — has been absorbing most of the increased costs, but raising prices of some goods.

Walmart Inc. delivered robust second-quarter results on Thursday, showing its ability to attract shoppers and outperform rivals such as Target despite economic uncertainty and ongoing tariff pressures. The Bentonville, Arkansas-based retailer reported a 4. ...

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing consumer needs, embracing technology to automate manual work, and working to mend problems like slow decision-making, siloed internal goals, and a lack of access to quality data that would drive better inventory planning.

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.