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ZacksTime to Buy Shopify or Target's Stock After Partnership Announcement?
In a bid to bolster its online sales and further compete with fellow omnichannel giant Walmart (WMT) and Amazon (AMZN), Target (TGT) announced a partnership with Shopify (SHOP) on Monday to enhance its e-commerce marketplace.
BenzingaWhat's Going On With Walmart And Target Corp Stock On Tuesday?
Walmart Inc. (NYSE:WMT) and Target Corp. (NYSE:TGT) stocks are trading lower Tuesday after they announced their respective summer sale bonanzas to rival Amazon.Com Inc. (NASDAQ:AMZN). Walmart is launching its largest savings event, “Walmart Deals,” from Monday, July 8, to July 11. Customers can shop thousands of deals on popular items, including electronics, home goods, toys, and travel essentials, perfect for the back-to-school season. Walmart+ members will enjoy early access to the season’s be
Barrons.comTarget Stock Slips After Company Lowers Prices
Target stock is dropping after the company said it is cutting prices on more items, as retailers respond to consumers’ ongoing focus on value. On Tuesday, Target announced the return of its Target Circle Week in July, a sale that coincides with similar deal days from Amazon.com and Walmart Along with the sale, which will span items from toys to home goods, Target noted that it plans to reduce prices on some 3,500 products throughout the summer, as part of its early pledge to do so. Target already said in May that it would lower prices on 5,000 popular products, 1,500 of which have already been reduced; Walmart made a similar announcement.
