Inflation Impact
Target Sales Dip Predicted, But Investors See Rebound On Horizon
consumer News

Target Sales Dip Predicted, But Investors See Rebound On Horizon

Target, a mass-merchandise retailer, is likely to post lower Christmas quarter same-store sales, its third straight quarterly loss, on Tuesday. However, investors believe the store, which sells anything from USD 5 cami tops and USD 25 shorts to USD 100 coffee makers, will be able to increase sales and profits in 2024 as inflation eases, giving buyers more motivation […]

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Inflation Woes Hit Rural Demand, Bajaj Electricals Q3 Profit Slides By 40%
Brands Companies Electronics Finance News

Inflation Woes Hit Rural Demand, Bajaj Electricals Q3 Profit Slides By 40%

India’s Bajaj Electricals reported its third straight quarterly profit decline on Monday, as rising inflation impacted seasonal spending and rural demand remained weak. Consolidated net profit fell nearly 40 per cent to 373.6 million rupees ($4.5 million) in the three months ending 31 December, after falling 56 per cent and 14 per cent in the previous two quarters. In India, […]

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