Target’s same-store sales are still falling, while Walmart has found a formula that keeps them increasing. Meanwhile, tariffs and persistent inflation are causing consumers to be more disciplined about how and where they spend their money.

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

Tech, Powell, and retail. Markets are eagerly awaiting Fed Chair Jerome Powell’s Jackson Hole speech on Friday, while keeping a watch on hot tech stocks, which have had a limp week. Retail investor darling Palantir (PLTR) has notched six straight losing sessions going into Thursday,

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

Target's stock is down, and Walmart's stock is up. Do you buy the stock performance winner or the loser of this matchup?

It didn’t have to be this way. At the start of his tenure, Cornell, who the company announced yesterday will step down as CEO on February 1, was an outsider unafraid to move fast and break things. He had been CEO of a big PepsiCo unit, Michaels Stores, and Sam’s Club before that.

Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock below key technical support levels.

Fiddelke acknowledged many of these problems on Wednesday, saying Target was “urgently adjusting” to tariffs and changing consumer needs, embracing technology to automate manual work, and working to mend problems like slow decision-making, siloed internal goals, and a lack of access to quality data that would drive better inventory planning.

Walmart's Q2 earnings missed Wall Street profit forecasts with adjusted EPS of $0.68, but sales surged to $177.4bn as e-commerce, memberships, and advertising drove growth.