Target

Dollar Tree Beats Sales And Profit Estimates As CFO Steps Down

Dollar Tree’s third-quarter profit and sales beat market expectations on Wednesday, as the CFO announced his intention to step down.

US retailer Target is reducing prices on more than 2,000 items ranging from snacks to toys and cold medicine ahead of the holiday season.

PepsiCo will buy Siete Foods parent company Garza Food Ventures for $1.2 billion, the company said on Tuesday.

US retailers will hire fewer seasonal workers this holiday season that last year according to a report by Challenger, Gray & Christmas.

Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.

Walmart raised its annual sales and profit forecast on Thursday for a second time this year as customers sought inexpensive essentials.

Supermarket group Ahold Delhaize beat second-quarter core profit margin expectations on Wednesday on solid sales in the US and Europe.

As the holiday shopping season approaches, major US retailers from Dollar General to Walmart and Macy's could be saddled with too much...

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