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Prat Vemana, the chief information and product officer for Target, this week experienced something brand new as a shopper. He bought sleepwear through the retailer’s app in OpenAI’s ChatGPT. The C-suite executive’s new shopping behavior reflects a seismic shift happening for retailers as they head into Black Friday and a holiday season that’s projected to … Read more
Shares of Target Corporation (NYSE: TGT) jumped 5% on Friday. The stock has dropped 11% in the past three months. The retail giant delivered a muted performance in the third quarter of 2025 against a backdrop of soft consumer demand, tough competition, and macroeconomic uncertainty. The company is implementing various measures to transform its business and … Read more
Key Takeaways Bealls Inc. is now accepting cryptocurrency payments in all 660 US stores through a partnership with Flexa. Customers can pay using Bitcoin, Ethereum, stablecoins, meme tokens, and more via their digital wallets. Share this article Bealls Inc., a US retailer, has partnered with Flexa, a digital asset payments platform, to accept crypto payments … Read more
As counterintuitive as it might seem, being trendy can be a curse for a clothing brand. Abercrombie & Fitch for years was a trendy tastemaker that told customers what was cool, not the other way around, and it worked. Until it didn’t. A decade ago, the ‘it’ brand of the 2000s and early 2010s crashed. … Read more
Shares of GameStop, the video game retailer that recently pivoted to Bitcoin investment, plummeted on Thursday after the company announced plans to raise $1.75 billion in debt financing from investors, it’s second such plan in the past few months. GameStop shares have tumbled 20% since the announcement, falling from $28.50 to $23. While the company … Read more
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images GameStop said Wednesday it has officially bought 4,710 bitcoins, worth more than half a billion dollars, as the video game retailer began its crypto purchasing plan in a similar move … Read more
Shares of Target Corporation (NYSE: TGT) stayed red on Friday. The stock has dropped 23% over the past three months. The company faced a challenging environment in the first quarter of 2025, as it tackled new and existing headwinds, which hurt its top and bottom line performance. The retailer does not expect these headwinds to … Read more
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason … Read more
The drama at Kohl’s continues. Just days after CEO Ashley Buchanan was fired over striking a “highly unusual” deal with a vendor he had a personal relationship with, a board member has resigned. Christine Day, who previously served as CEO of athletic wear company Lululemon, filed her resignation letter on May 5, just four days after … Read more
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