Once a favorite among middle-class shoppers, Target’s reputation as a premium big-box retailer is now a liability as inflation drives consumers to seek value elsewhere.
Walmart plans to invest some $700 million in Guatemala over the next five years, the company's Central America head said on Wednesday. The announcement by regional executive Cristina Ronski came during the groundbreaking of a new store in the Central American country. It comes days after the company said during the groundbreaking of a new distribution center in Costa Rica that it would invest around $600 million in that country over the next five years.
What we saw in the Q1 earnings season was a resilient and steadily improving profitability picture, both in terms of the growth rate and the evolving revisions trend. But which sectors had an outsized impact?