Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
Read More »Target sales are jumping as pandemic speed e-commerce shift
The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
Read More »Hanesbrands improved sales at major retailers such as Walmart and potential market share gains from Victoria’s Secret store closings
Hanesbrands Inc. HBI, + 11.87% Shares rose 5.6% in pre-market trading on Wednesday after it was upgraded to a strong market buy in Raymond James based on its distribution to major retailers and possible market share gains from closings. from Victoria’s Secret stores. Raymond James is priced at $ 20 …
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