US EditionWalmart's strong Q3 results contrast Target's struggles
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Walmart's strong Q3 results contrast Target's struggles
Walmart reported strong sales in the third quarter, with U.S. stores seeing a 5.3% increase, indicating confident customers and a robust economy. In contrast, Target had a disappointing quarter, suggesting consumers are pulling back after struggling with years of inflation. The Minneapolis-based retailer expects sales to remain flat in the fourth quarter. Online shopping is growing in importance for both companies. Walmart’s U.S. e-commerce busi…
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