The big-box retailer Target is at risk of slower sales as consumers spend less on discretionary merchandise.

Caution Grips Tuesday's Closing Bell

07:00pm, Tuesday, 16'th May 2023
Homebuilding had a decent day following a surprisingly strong Homebuilder Confidence Survey. This offers further proof that the housing market continues to show signs of improvement.
Quarterly reports from big retailers will highlight this week's earnings lineup with Target (TGT) and Walmart (WMT) set to report their first-quarter results on May 17 and 18 respectively.

7 Best Retail Stocks to Invest in

01:00pm, Tuesday, 16'th May 2023
Consumer spending is the lifeblood of the economy. It's easy to look around and see the numerous brands, products and services circulating in your household.

Retail Sales Fail to Meet Expectations in April

12:57pm, Tuesday, 16'th May 2023
Retail Sales Fail to Meet Expectations in April.

What to expect from Walmart and Target Earnings

11:49am, Tuesday, 16'th May 2023
"We are starting to go through a discretionary recession across retail." - Chuck Grom, Senior Retail Analyst at Gordon Haskett https://bloom.bg/41EV7PG About "Bloomberg Surveillance" Tom Keene, Jonath
Target wants to stand out on grocery quality and price, after gaining grocery shoppers during the pandemic.
We expect Target's stock to likely trade higher past Q1 results due to revenues and earnings marginally beating expectations.
Target is expected to report a year-over-year drop in profit and a modest increase in revenue when it posts its first quarter 2023 results before the market opens on Wednesday, May 17. Higher costs am
Big-box retailers like Wal-Mart (WMT), Home Depot (HD), Lowe's (LOW) and Target (TGT), as well as store channels like Nordstrom (JWN) and Kohls (KSS) are expected to report this week and the next.
Gerald Storch, Storch Advisors CEO and former Target vice chairman, joins 'Squawk on the Street' to discuss the overall story in retail, if there are big swings in cyclical buying patterns, and much m

Big Week for Retail, Housing, Fed Members

12:09pm, Monday, 15'th May 2023
Today's Empire State Index is the lowest print since January's -32.9, and lower for the fourth month out of the first five this year.
Target's (TGT) first-quarter results are likely to reflect margin pressure due to markdowns and increased merchandise costs.

Retail Earnings in Focus

12:09pm, Monday, 15'th May 2023
Retail Earnings in Focus.
In Monday morning trading, the Dow Jones industrials were down 0.22%, the S&P 500 down 0.15% and the Nasdaq was 0.07% lower.
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