What you need to know today—top news and stories in retail:
- Target cuts holiday sales forecast
- Coors Light nail polish changes color at ideal beer temperature
- Amazon to lay off 10,000
- Kroger not passing along increased turkey costs
- And more!
Target’s profits tumble again, casting a shadow over the holidays
Dive Brief: Target managed comparable sales growth of 2.7% in the third quarter, on top of 12.7% growth last year and a
Target cuts sales forecast for holiday season
MINNEAPOLIS — Target Corp.’s shares fell in early trading on Wednesday, after the company reported softening sales and a drop
Coors Light’s nail polish changes color at ideal beer-drinking temperature
Coors Light, owned by Molson Coors, released Chill Polish, a branded, color-changing nail polish, the company said in a press release.
Walmart CEO: E-commerce plus ads biz creates ‘mutually reinforcing’ ecosystem
Dive Brief: Walmart Connect, the U.S. advertising division of the big-box store, grew 40% year-on-year in the company’s fiscal third
Kraft Heinz enlists diners to urge restaurants to offer its ketchup
Kraft Heinz’s new “Tip for Heinz” program urges restaurants to carry Heinz Ketchup, per details shared with Marketing Dive. The
Amazon: Increasing concern around holiday sales, Fresh 2023 B&M store halt, layoffs, Black Friday & Cyber Monday Deals
From CRC LiveCast: brands anticipating negative holiday sales Y-Y:In our latest LiveCast webinar, we polled the audience and found that
Kroger not passing on increased turkey costs
Holiday campaign offers Thanksgiving meal for as low as $5 per person View Original Article Editor’s Choice Kroger Pricing &
Amazon To Layoff 10,000 Employees
In the largest layoffs in Amazon’s almost three decades of doing business, the company said yesterday it plans to cut
