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As of December 2025, UK and US retailers report mixed financial results amid subdued consumer confidence and economic uncertainty. Watches of Switzerland sees robust US demand and tariff relief, while Frasers Group faces UK sales declines despite international growth. Walmart raises forecasts on strong e-commerce and affluent shoppers. Target and home improvement chains report sales challenges, prompting investments and cautious outlooks.
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Several major retailers released financial updates, revealing resilience in some sectors and challenges in others. Walmart benefits from strong holiday sales, while Kingfisher and AO World raise profit forecasts amid cautious outlooks. Advertising firms face profit downgrades due to economic headwinds. The stories reflect ongoing shifts in consumer behavior and economic pressures.
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As of late October 2025, Target announced plans to cut about 8% of its global corporate workforce, roughly 1,800 jobs, mainly at its Minneapolis headquarters. The restructuring aims to simplify management layers and accelerate decision-making amid stagnant sales and competitive pressures. The cuts exclude store employees and come as Target prepares for a leadership transition in February 2026.