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Retail Types, Stores

Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

January 15, 2020

Via: CNBC

Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday. Its shares tumbled 7% on the news. Walmart, which hasn’t reported holiday results, also traded lower, down 1.8%. […]


News & Trends

Amazon bumps Walmart as No. 2 in electronics sales

June 27, 2016

Via: FierceRetail

Amazon (NASDAQ:AMZN) has nabbed the spot as the No. 2 seller of electronics in the United States, behind reigning No. 1 retailer Best Buy (NYSE:BBY). However, Amazon recently knocked Walmart (NYSE:WMT) out of the second place spot and is still […]