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Walmart and Target are seeing a curious phenomenon in earnings this week—and their stock is feeling the impact

Fast Company 21 May 2026 14h ago
Walmart and Target are seeing a curious phenomenon in earnings this week—and their stock is feeling the impact
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Earnings are in for two of the largest retailers, and they paint two very different pictures. Walmart , which has seen success in an economy where consumers are cutting back on spending and turning to budget retailers, now seems to be in a downturn, having just announced layoffs as its stock price falls. Meanwhile, Target —which was struggling a year ago amid a cost-of-living crisis and rising tar
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