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Amazon's New Challenge: Bargain Retailers That Are Playing a Different Game
The e-commerce giant is weighing how to respond to the growing threat from two competitors offering bargain goods. Source link
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source link
Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation.
Walmart Closing Four Stores in Chicago, Citing Years of Losses
The country’s largest retailer by revenue signals some pullback from large cities. Source link
Oil Sputters as Bank Fears Are Weighed Against China Hopes
The risks of a U.S. recession are clouding Wall Street’s outlook for crude prices. Source link
Notable Friday Option Activity: WYNN, TGT, VMW
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Wynn Resorts Ltd (Symbol: WYNN), where a total