A jet from Southwest Airlines. Scott Olson | Getty Images News | Getty Images Southwest Airlines reported Wednesday “modest” improvements in passenger demand this month as holidaymakers turned last-minute travel bends despite the coronavirus pandemic. The company is also making a government loan of $ 2.8 billion, saying it can …
Read More »Target CEO credit canceled vacations, non-stimulating checks, for blowout quarter
Target CEO Brian Cornell said he would like to see Congress hit a stimulus action, but he credited closed cinemas and canceled summer vacations for the retailer’s quarters during the coronavirus pandemic. The lockdowns in the U.S. that forced consumers inside also sent them to their store and website to …
Read More »Lowe’s (LOW) Q2 2020 income top estimates
Buyers wearing protective masks are waiting in line on Wednesday, May 20, 2020 at a Lowe’s Cos. Store in San Bruno, California, USA. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday blew past Wall Street forecasts with a 30% increase in revenue and a 68.7% jump in …
Read More »Target (TGT) Q2 2020 revenue omitted estimates
Target on Wednesday blew up any forecast on Wall Street for its fiscal second quarter as it drew millions of new customers online, setting a record for sales from the same store that boosted profits by a staggering 80.3% to $ 1.7 billion. Sales online and to stores that have …
Read More »Walmart advocates launching membership program as e-commerce launches
Customers shop on May 19, 2020 at a Walmart store in Chicago, Illinois. Scott Olson | Getty Images Walmart gave investors a few hints about its upcoming membership program Tuesday, saying it will offer customers benefits such as fast deliveries and low prices. For the past few months, investors and …
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