Target Under Pressure: Activist Investor Steps In After Major Sales Decline
US retail giant Target faces activist investor pressure from Toms Capital as shares drop 64% from pandemic highs amid 12 consecutive quarters of weak sales growth.
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Roth Capital Downgrades Costco to Sell Amid Slowing Metrics
Roth Capital cuts Costco to Sell, citing slower membership growth, declining traffic, and rising competition from Sam’s Club and BJ’s Wholesale.
TrumpRx Expands: Drugmakers, Pharmacies, and GoodRx Join the Discount Site
The Trump administration is working on "TrumpRx," a new site connecting consumers to drugmakers, pharmacies, and discount programs like GoodRx to help lower prescription costs.
Amazon is Doubling Down on Groceries with a New Private-Label Collection
Amazon launched Amazon Grocery, a new private-label food brand (1000+ items) replacing Fresh/Happy Belly. Most items are under $5. Rivals slipped.