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Even Walmart feels the pinch of inflation and economic downturn, with the big-box retailer announcing the closure of five under-performing stores in five states. A spokesperson for the retail [...]
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Target CEO Brian Cornel says sales weakened significantly in the weeks leading up to the end of October.
Stocks are slipping at the open of trading on Wall Street following a rally that had lifted it the S&P 500 its highest level in two months
Stocks fell in afternoon trading on Wall Street Wednesday as investors reviewed a dismal financial report from Target and a broader update on the retail sector from the government.