Target Corp
Retail theft isn’t actually increasing much, major industry study finds
Locked up toothpaste to prevent shoplifting are seen at a Duane Reade drugstore and pharmacy on August 24, 2023 in New York City. Angela Weiss | Afp | Getty Images Retail theft has caught the attention of the masses in recent years, from startling smash-and-grab videos during the depths of the Covid pandemic to corporate […]
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Shein shifts delivery technique to provide China-created goods nearer to U.S. consumers
Outfits displayed at the Shein Team Ltd. headquarters in Singapore, on Monday, June 19, 2023. Ore Huiying | Bloomberg | Getty Images E-commerce huge Shein is sending much more minimal-priced clothing and residence products to U.S. warehouses from China to speed up delivery situations for customers, in accordance to data from world-wide trade analysis organization […]
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Instacart shares commence buying and selling on Nasdaq at $42, valuing grocery supply organization at about $14 billion
Justin Sullivan | Getty Photographs Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, soon after the grocery-delivery company’s very long-awaited IPO. The giving late Monday at $30 a share valued Instacart at about $10 billion on a entirely diluted foundation, down from a personal market place valuation of $39 billion […]
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Instacart costs IPO at $30 a share, valuing grocery shipping and delivery firm at about $10 billion
Fidji Simo, chief government officer of Instacart Inc., speaks through a Bloomberg Studio 1. job interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Photos Instacart, the grocery supply business that noticed its business enterprise growth during the pandemic, priced its extensive-awaited IPO at $30 a […]
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Target strikes deal with jeweler Kendra Scott as it gets ready for holiday season
Shoppers will soon see jewelry designed by Kendra Scott at about 150 Target stores. Most of the items will be under $40. Target Target said Tuesday that it has struck a deal with jeweler Kendra Scott to carry exclusive collections of earrings, bracelets and more, as it looks to get its sparkle back ahead of […]
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Slowing inflation is dragging on Kroger sales, even as consumers still feel a pinch
Good news for consumers is bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging. On Friday, the company posted fiscal second-quarter sales that missed Wall Street’s expectations. The company stuck with its full-year outlook, but said the slowing rate of inflation will mean less […]
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How much are retailers losing to shrink and theft? In many cases, it’s not the main drag on profits
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more detail than […]
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Walmart cuts starting pay for new hires who prepare online orders, stock shelves
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an hour. Joe Raedle | Getty Images News | Getty Images Walmart has cut starting pay […]
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Walmart ramps up efforts to grow third-party marketplace with Las Vegas event, new perks
Walmart is hosting its first seller summit businesses that are part of its third-party marketplace. The two-day event includes how-to sessions and remarks by the retailer’s top leaders. Melissa Repko | CNBC LAS VEGAS — Walmart is looking for new ways to woo sellers to its third-party marketplace, as it pushes to drive more online […]
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Instacart data files to go general public on Nasdaq to attempt and unfreeze tech IPO industry
Fidji Simo, chief govt officer of Instacart Inc., speaks during an job interview in San Francisco, California, on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Photos Instacart, the grocery supply company that slashed its valuation during final year’s market slide, filed its paperwork to go community on Friday in what is […]
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