- Reuters
Target, Walmart shoppers seek home goods, grocery delivery online
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump, U.S. retailers say. E-commerce sales made up 15.9% of total U.S. retail sales in the first quarter, the highest since they peaked at 16.4% during the height of the pandemic in 2020's second quarter, according to Department of Commerce data. Target said its online sales returned to growth in the first quarter ended May 4 after more than a year of declines.
- Zacks
5 Solid Retail Stocks to Buy Amid Persistent Sales Challenges
Stocks like Casey's General Stores, Inc. (CASY), Walmart, Inc. (WMT), DICK'S Sporting Goods, Inc. (DKS), Canada Goose Holdings Inc. (GOOS) and Levi Strauss & Co. (LEVI) are benefiting despite the retail sector facing challenges.
- Investor's Business Daily
Target Dives On Weak Earnings, Guidance With Consumers 'Pressured'; TJX Breaks Out To Record High
Target dived after the discount giant missed on earnings and guided lower, citing "pressured" consumers. TJX earnings beat.
