Your Daily Brief For November 17th

Your Daily Brief For November 17th

over 1 year ago1 min

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Your Brief Summary

In today’s Daily Brief, after Walmart's impressive results, we'll be looking at why Target couldn't follow suit.

"Target's third-quarter earnings were well wide of the mark as heavy discounting of its less staple-like merchandise crushed profits and led to the firm offering a bleak holiday season outlook"

Key takeaways:

  • Target sees further discounting as shoppers hone in on grocery bargains and shun discretionary items
  • The UK's inflation hasn't peaked yet, and its finance chief has only one option on the table


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