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 …
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Customers wearing face masks at a Walmart on July 15, 2020 in Washington, DC Sha Hanting | China News Service via Getty Images Walmart is set to report its second-quarter fiscal revenue ahead of the clock Tuesday as the coronavirus pandemic shakes consumer shopping patterns. Here’s what Wall Street expects, …
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People are wearing protective face masks outside the Home Depot in the Flatiron neighborhood as the city reopens Phase 4 following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot on Tuesday reported that its quarterly …
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Buyers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday that online sales in the last four years increased a three-digit percentage from a year ago as consumers sat at home during the coronavirus pandemic to their websites …
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Coach and Kate Spade owner Tapestry reported a slower-than-expected loss Thursday, as a strong online business helped offset the impact of closed stores during the coronavirus pandemic. The company said it will cut spending and shift its focus to digital growth as part of a turnaround plan. It said e-commerce …
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