1. Walmart Boosts Sales Forecast 📈

Walmart has increased its annual sales forecast following a strong second-quarter performance, driven by robust grocery sales and growth in online shopping. The retailer reported a 6.4% increase in comparable sales and a 24% rise in e-commerce sales.

2. Amazon Expands Grocery Delivery Service 🚚

Amazon has announced the expansion of its grocery delivery service, Amazon Fresh, to several new cities. This move aims to capitalize on the growing demand for convenient and fast delivery options. The company also reported a 15% year-over-year increase in its online grocery sales.

3. Target's Profit Margins Under Pressure 📉

Target's latest financial report revealed a squeeze in profit margins due to increased labor costs and supply chain disruptions. Despite this, the retailer managed to post a 3.5% increase in same-store sales, driven by strong performance in its apparel and home goods categories.

4. Best Buy Reports Strong Online Sales Growth 💻