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More stores in store as Target demonstrates (again) the value of striking the omni-channel balance in retail

Target expects a more profitable 2021 after quarterly sales soar

U.S. stocks mixed, yields rise on Fed minutes U.S. Fed will leave the punch bowl out for investors to get tipsy : Invesco strategist Stan Wong s Top Picks: May 19, 2021 Cathie Wood buys more Tesla amid Musk Bitcoin spat, Burry shorts Squarespace shares given US$50 reference price for NYSE debut Bitcoin whipsaws investors with same-day plunge, rally of 30% Burry of Big Short fame places big bet against Musk, Tesla Fund managers say long Bitcoin is the most crowded trade in the world Ares gets US$500M from Ontario Pension for credit deals Bitcoin chartists see rout worsening with $40,000 in focus

Echoing Amazon: Walmart, Target try local package delivery

Article content LOS ANGELES Walmart and Target are testing their own home package delivery services in the United States – stealing a page from Amazon’s play book – as e-commerce demand strains traditional carriers like United Parcel Service, FedEx and the U.S. Postal Service. The move is just the latest example of how Walmart Inc and Target Corp are working to close the gap with Amazon.com Inc, the No. 1 online retailer. Amazon has recruited armies of small businesses to provide delivery services from vans emblazoned with the company’s logo – an effort that has helped it control customer wait times and costs.

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