A forklift moves Diet Coke pallets to be shipped at a Coco-Cola bottling plant in Salt Lake City, Utah. Getty Images Coca-Cola announced on Friday a staff restructuring plan that will cut voluntary jobs. The company said it will offer voluntary layoff packages to eligible employees, starting with about 4,000 …
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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 …
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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 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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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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