Target’s Pre-Father’s Day Register Outage Cost the Retailer $50 Million, Analyst Says

Target said an "internal technology issue" caused the outage, which prevented registers at its 1,850 US stores from completing purchases......»»

Britain's biggest retailer Tesco has estimated that the lockdown will cost the firm up to 925 million pounds, the equivalent of 1.1 billion U.S. dollars. Joe Davies reports......»»

Cannabis retailer Green Thumb Industries Inc. (OTC: GTBIF) posted $75.8 million in fourth quarter revenue — a 265% year-over-year spike. The Chicago-based company released its finan.....»»

Abercrombie & Fitch expects coronavirus could cost it $60 to $80 million in net sales this year. The New Albany-based apparel retailer (NYSE: ANF) is one of the first to quantify the potential impacts of the virus on its financial performance – .....»»

French retailer Carrefour says profits are on the up and a turnaround in progress after it hit a target of $1.1 billion in cost savings. Tom Scally reports......»»

Ryanair may have to push back its long-term target of flying 200 million passengers per year by as much as two years due to delays in the delivery of Boeing's 737 MAX jet, Europe's largest low-cost carrier said on Monday......»»

JetBlue Airways Corp said on Thursday it had shaved $314 million from its cost base over the past three years, delivering on a cost-cutting drive designed to enable budget-friendly airfares over the next decade......»»

AP Photo/Rick Bowmer Costco's website crashed for several hours on Thanksgiving Day, which meant that customers were unable to shop its deals online and on i.....»»

Pascal Le Segretain/Getty Tesla and SpaceX CEO Elon Musk currently .....»»

Curaleaf Holdings Inc. late Tuesday reported a narrower-than-expected loss but revenue that fell short of consensus estimates. The cannabis retailer reported a third-quarter net loss of $6.8 million, or a penny a share, versus .....»»

The big-box retailer earned $714 million, or an adjusted $1.36 a share......»»

Curaleaf Holdings Inc. late Tuesday reported a narrower-than-expected loss but revenue that fell short of consensus estimates. The cannabis retailer reported a third-quarter net loss of $6.8 million, or a penny a share, versus .....»»

Has Nike decided Target is a better fit than Amazon? Minneapolis-based Target Corp. (NYSE: TGT) will release third-quarter earnings on Wednesday, and one analyst thinks the retailer may drop some news about a team-up with Beaverton, Ore.-based Nike I.....»»

Dividend Channel.....»»

As a financial analyst, Michelle Buonincontri now works to help people achieve equitable divorce settlements......»»

The pop star filed a lawsuit that claims the retailer “stole” her likeness to sell clothes......»»

A home built by the man who founded the retailer which would become known as KMart built a 20,000 square foot house in Detroit in 1914. It is currently for sale for $3.25 million, which is 85 times........»»

Target Corp. cash registers seemed to be up and running again Monday after two days of technical glitches, and analysts said it was unlikely that the retailer would suffer much in the way of long-term fallout from customers — assuming the company puts.....»»

Target easily could have lost as much as $100 million in sales over the weekend when the r.....»»

Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according to Apex Marketing......»»