Walmart blew past Street expectations and raised its full-year outlook for the second consecutive quarter as it continued to win over shoppers —both in-store and online.
Target Corp. reported better-than-expected second-quarter earnings but its sales fell short as consumers continue to pull back on nonessential spending.
Amazon is once again hosting a fall version of its Prime Day sales extravganza, and retailers should pay close attention to what this means for the state of the industry.