• TGT
• WMT

Target to lower prices on 2,000 items ahead of holiday season

Target is reducing prices on over 2,000 items to attract budget-conscious shoppers during the holiday season, following consumer trends and competitor strategies.

• 9984
• AMZN
• ULVR
• WMT

Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto

India's retail distributors request an antitrust investigation into Zomato's Blinkit, Swiggy, and Zepto for alleged predatory pricing practices impacting traditional retailers.

• AMZN
• GOOGL
• META
• MSFT
• WMT

Amazon AWS CEO: Quit if you don't want to return to office

Matt Garman defends Amazon's new 5-day in-office policy, stating most employees support it while emphasizing collaboration and productivity issues with remote work.

• AMZN
• WMT

India's high food prices curtail spending in early festive season, retailers say

Rising grocery prices ahead of India's festive season are impacting consumer spending, leading to slower electronics sales despite optimistic projections for overall economic growth.

• AMZN
• TGT
• WMT

US holiday sales to grow up to 3.5% in 2024, NRF forecasts

U.S. holiday sales are forecasted to grow by 3.5%, the slowest in six years, due to consumers being frugal and seeking discounts amid high interest rates and inflation.

• AMZN
• MAT
• WMT

Mattel recalls Fisher-Price Snuga infant swings on suffocation risks after five deaths

Mattel recalls Fisher-Price Snuga infant swings after five suffocation-related deaths; Consumers advised to remove headrests and inserts, with partial refunds offered.

• AMZN
• BLK
• WMT

Indigenous groups in Brazil: We were not consulted on carbon credits

Indigenous organizations in Brazil's Para criticize a carbon credit deal for lacking consultation, asserting the need for Indigenous input as they face threats to their lands.

• WMT

Mexico's Walmex expects final ruling from antitrust watchdog soon

Walmex expects a ruling from Mexico's antitrust body regarding alleged anti-competitive practices, while company executives maintain they have acted legally.

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• BTI
• MO
• PM
• WMT

Analysis-Dominating US cigarette sales, a combined 7-Eleven, Circle K would face risk from vapes, cheap smokes

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• BK
• HSY
• IXIC
• JPM
• PFE
• US10YT=X
• US500
• WFC
• WMT

Stock market today: S&P 500 closes lower as spike in Treasury yields weigh

The S&P 500 fell amid rising Treasury yields and mixed corporate earnings outlooks, while major companies like Google and Pfizer faced market changes due to legal and investment activities.