Target’s earnings lag in the holiday quarter
The retailer’s net sales declined again, with drops across multiple merchandise categories. However, Target expects gains during fiscal 2026 and tapped a chief brand officer.
Related Articles
Retailers turn to AI for productivity, personalized shopping
Best Buy, Gap and Dick’s Sporting Goods detailed how AI investments were reshaping their businesses during their Q1 earnings calls.
J.C. Penney rebound stalls in the holiday quarter
The department store made some strides in its turnaround last year but ended fiscal 2025 with weakness on the top and bottom lines.
H&M launches storefront on Nordstrom’s marketplace
The move is part of the fast-fashion brand’s broader effort to reach shoppers in multiple venues, online and off.
Saks Global snags $500M in financing, expects to exit bankruptcy this summer
The luxury department store retailer has boosted inventory receipts, with more than 650 brands shipping merchandise, up from 500 a month ago.
Visa, Mastercard track roughly 4% US holiday retail sales growth
The 2025 holiday season saw consumers shopping across channels to land the best deals and maximize convenience, according to new reports.