As Walmart Thrives, Target's New CEO Faces Challenge Amidst Three-Year Decline
- Target's Q3 net income fell 19% amid 12-quarter sales decline, citing weak demand, markdowns, and external disruptions like government shutdowns. - New CEO Fiddelke announced a $5B 2026 investment plan to modernize stores, improve product variety, and cut 1,800 corporate jobs as part of turnaround efforts. - Walmart's 4% Q3 sales growth and 12.6% 2025 stock gain contrast with Target's 35% stock drop, highlighting grocery dominance and e-commerce advantages. - Analysts question Target's ability to retain
Target Corp. (TGT) posted a 19% drop in net earnings for its third quarter, highlighting continued difficulties in overcoming a sales decline that has lasted for 12 straight quarters. The retailer, which
Michael Fiddelke, who will take over as CEO in February,
Fiddelke admitted there is significant pressure to reshape Target’s brand in a fiercely competitive market. "Shoppers want great value, but what truly sets
With the holiday shopping season approaching, Target is under increased scrutiny. Although it has
---
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CFTC Faces DeFi Turning Point: Selig Advocates for Regulation that Encourages Innovation
- Michael Selig, Trump's CFTC nominee, defended innovation-friendly DeFi regulation during a Senate hearing, warning rigid rules could drive activity offshore. - CFTC faces leadership vacuum with only acting Chair Caroline Pham, raising bipartisan concerns over regulatory clarity and legal risks from unconfirmed vacancies. - Selig advocated tailored on-chain application regulation, aligning with Senate Republicans who argue CFTC alone should oversee digital commodities trading. - Congressional repeal of IR

XRP News Today: XRP ETFs Fail to Halt Sell-Off; $1.55 Pullback on the Horizon
- XRP faces 25% correction risk to $1.55 despite first U.S. spot ETFs (XRPC/EZRP) failing to stabilize prices at $2.22. - Weak institutional demand, profit-taking by long-term holders, and fragile on-chain metrics drive bearish momentum. - Whale activity ($645M in transfers) and underwater token supply (41.5% at loss) amplify downward pressure post-ETF launch. - Technical indicators show XRP trading below key averages, with critical support at $2.07–$2.10 at risk of breakdown. - Ripple's ecosystem growth c

Bitcoin News Update: Quantum Threat Approaches—Cryptocurrency’s Urgent Quest for Survival

Adversaries Reportedly Received Voting Rights in Crypto Company Supported by Trump
- U.S. Senators Warren and Reed demand federal investigation into Trump-linked crypto firm WLF over alleged sales to sanctioned entities including North Korea, Russia, and Iran. - WLF denies claims, asserting "rigorous AML/KYC checks," but faces scrutiny for granting adversaries voting rights over its governance and Trump family's $3B stake in tokens. - Critics highlight conflicts of interest as Trump family members lead WLF while prioritizing token sales over compliance, alongside expansion plans involvin
