Target Corp. said Monday that its "Deal Days" sales event for Oct. 6 to Oct. 8, to kick off the holiday shopping season. The discount retailer's event comes about a week before Amazon.com Inc.'s "Prime Ealy Access Sale" holiday shopping event, which is set for Oct. 11 and Oct. 12. Target's stock rose 0.7% in premarket trading while Amazon shares were down less than 0.1%. "Following investments to optimize inventory ahead of the holidays, Target is stocked with seasonally relevant items guests wi Read More...
Reuters
Bonduelle’s profits fall as droughts, supply crunch weigh
(Reuters) -French plant-based food company Bonduelle reported lower annual profits on Monday, hit by the COVID-19 crisis, bad crops, supply chain disruption and rising inflation. The war between Russia and Ukraine has sent food and energy prices soaring, while drought in key agricultural regions such as France shrunk grain harvests and cut inventories. Bonduelle’s ready-to-eat fresh activities in North America declined in what it called a less dynamic market, after it raised prices to preserve margins and ceased sales of non-contributing ranges to some clients.
