Target Corp on Wednesday forecast a grim second quarter as the retailer struggles with consumers shunning non-essentials such as electronics and home goods in the face of persistently high prices, but maintained its full-year profit expectations.
Shares of Avenue Supermarts Ltd , which operates the DMart retail chain, fell 4.7% on Monday after the company's fourth-quarter profit missed estimates and core profit margin contracted as consumers curbed discretionary spending.
Squishmallows joined Warren Buffett's business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok.
British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s.