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GameStop may cash in on Reddit rally with share sale; stock down after hours

GameStop may cash in on Reddit rally with share sale; stock down after hours
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

United statesUday sampath kumarSanjai bhagatDavid gregorioSonya hepinstallMichael pachterJoshua franklinSriraj kalluvilaNoel randewichJim bellTiyashi dattaRyan cohenGamestop corpMicrosoft corpChewy incExchange commission

Target to spend $4 billion a year to speed up delivery as pandemic spurs online gains

Target to spend $4 billion a year to speed up delivery as pandemic spurs online gains
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesUday sampath kumarLos angelesSriraj kalluvilaMichael fiddelkeUday sampathWalmart incOperating officer michael fiddelkeNew york cityபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஊடாய் சம்பத் குமார்லாஸ் ஏஞ்சல்ஸ்ஊடாய் சம்பத்வால்மார்ட் இன்க்

Target to spend $4 billion a year to speed up delivery as pandemic spurs online gains

Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online business, hoping to cement gains made during the pandemic that led to blowout holiday quarter results.

New yorkUnited statesUday sampath kumarLos angelesSriraj kalluvilaMichael fiddelkeUday sampathThomson reuters trust principlesWalmart incOperating officer michael fiddelkeNew york cityThomson reuters trustContent produced in bangaloreCompany newsDiscount stores trbc level 4Discount stores nec trbc level 5

Target to invest $4 billion a year to speed up delivery as online demand soars

Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online business, hoping to cement gains made during the pandemic that led to blowout holiday quarter results.

New yorkUnited statesUday sampath kumarLos angelesSriraj kalluvilaUday sampathThomson reuters trust principlesWalmart incNew york cityThomson reuters trustContent produced in bangaloreCompany newsDiscount stores trbc level 4Discount stores nec trbc level 5Discount stores with grocery trbc level 5Discount stores without grocery trbc level 5

Best Buy signals slowing sales of work-from-home electronics

2 Min Read (Reuters) - Best Buy Co Inc signaled a slowdown in the coronavirus crisis-driven demand for remote-work computer equipment on Thursday as it missed holiday-quarter sales estimates, sending its shares down 8%. The rise of home offices and a shift to remote learning by schools raised demand for laptops, webcams, and other computer equipment last year, making Best Buy one of the bigger retail winners of the COVID-19 pandemic. However, the consumer electronics retailer is unsure how the rollout of vaccines would affect consumer demand and shopping patterns, Chief Financial Officer Matt Bilunas said. “There is a high level of uncertainty related to the impacts of the COVID-19 pandemic that makes it difficult to predict how sustainable these trends will be,” he said.

Uday sampath kumarMatt bilunasAditya soniUday sampathThomson reuters trust principlesBest buyCo incBuy co incChief financial officer matt bilunasThomson reuters trustContent produced in bangaloreConsumer electronics retailers trbc level 5Company newsJob cutsPerformance results earningsResults forecasts warnings