Reported 5 months ago
The article discusses how Target seems to be losing market share on everyday items compared to competitors like Walmart. Target's same-store sales have declined while Walmart's have increased, indicating a shift in consumer behavior towards big-box retailers. The article also touches on the state of the freight market and how extreme weather is impacting the retail and CPG industries, with examples such as flooding in Brazil and a Sriracha shortage. Retailers are concerned about the potential impact of tariffs on costs and inventory management.
Source: YAHOO