Walmart on Monday confirmed that it’s ending multiple DEI programs, removing some LGBTQ-related merchandise from its website and getting rid of a nonprofit that funded programs for minorities.
Read More Walmart Reduces DEI Programs, Pulls LGBTQ Items From Website
Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
Read More Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Read More Target Reports Largest Earnings Miss In 2 Years
Following complaints regarding how an inappropriate, “accidental” misspelling on their new doll packaging directed young consumers to a pornographic website, toy manufacturer Mattel has apologized for the misprint. The doll was inspired by the new 2024 “Wicked” movie.
Read More Mattel: Company Deeply Regrets ‘Wicked’ Doll Packaging Misprint That Directed Children To Porn Site
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the dockworkers at those trade hubs will go on strike if their union leader does not land a new contract with employers.
Read More US shippers avoid East Coast ports on risk of second strike
Target is slashing prices on over 2,000 items across different categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.
Read More Target Slashing Prices On At Least 2K Items As Holiday Season Approaches