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

Thursday, Aug. 21, Walmart said its sales increased nearly 5% at U.S. stores that have been operating for at least a year. The retailer also raised its 2025 sales outlook with groceries which was a big driver accounting for more than 50% of its overall sales.

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.

Target's stock is down, and Walmart's stock is up. Do you buy the stock performance winner or the loser of this matchup?

Walmart's Q2 earnings missed Wall Street profit forecasts with adjusted EPS of $0.68, but sales surged to $177.4bn as e-commerce, memberships, and advertising drove growth.

According to a recent analyst note obtained by MarketWatch, BofA analysts state that because of its high import exposure, Target will need to increase its prices to twice the rate