Target CEO Brian Cornell will meet with the Rev. Al Sharpton as the company contends with a slump in foot traffic after walking back some DEI initiatives.
Printemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.
Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.
The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.
President-elect Donald Trump's proposed tariffs on China, Mexico and Canada threaten to raise prices for toys, cars, shoes, French fries, furniture and beer.