Foot Locker faces a number of challenges in the wake of the coronavirus pandemic, including a focus on shoes and store locations in malls, analysts say.

In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Emily Flippen and Ron Gross about the latest news from Wall Street. They talk about the work-from-home culture and the changes it brings.

CVS Health Corp said on Thursday it would open more COVID-19 testing sites at some of its pharmacy drive-thru locations, completing the last leg of the drugstore chain's planned 1,000 sites across more than 30 U.S. states. Health authorities have been emphasizing the need to expand testing capacity as the United States attempts to recover from the respiratory illness that has killed over 100,000 people in the country, according to a Reuters tally. CVS and other U.S. retailers including Walgreens Boots Alliance, Walmart Inc and Target Corp have pledged to provide space at their parking lots for such drive-through sites to help ramp up testing.

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]

Aaron's could benefit from the pandemic Continue reading...

Target Chairman and CEO Brian Cornell weighs in on the state of the retailer amidst the coronavirus pandemic in a Yahoo Finance interview.

Hormel reported a rise in sales as consumers snapped up products like Spam and Skippy during coronavirus lockdowns.

Don't expect safety measures will fall by the wayside at Target once life gets back to some form of normal after the COVID-19 pandemic. Here's what Target's chairman and CEO Brian Cornell told Yahoo Finance.

Q1 2020 Target Corp Earnings Call

In the first-quarter, Target posted a beat on both its top and bottom line. The retail giant also saw a spike in digital comparable sales up 141%. Yahoo Finance's Brian Sozzi and Alexis Christoforous speak to Brian Cornell, Target chairman & CEO about the current state of the business and the future outlook of the store, including the importance of safety.

Post coronavirus it's all about location. Location, Location.

When it comes to where millionaires live in America, the rich keep getting richer.Market research firm Phoenix Marketing International notes that although the total number of millionaire households rose for the 11th straight year in 2019, the gains were disproportionately seen in states that already had more than their fair share of millionaires."While the total number of high-net-worth households grew, these increases were largely seen in the wealthiest states, reinforcing the broader ongoing wealth-gap issues the country faces," says Carl Uttaro, VP of financial services research at Phoenix MI. How Many Millionaires Are in the U.S.?Phoenix MI is tracking the effects of the coronavirus pandemic, which could make for a very different landscape going forward. But last year, at least, the good times continued to roll. Indeed, a record 6.71% (or 8,386,508 out of 125,018,808 total U.S. households) can now claim millionaire status. That's up from 6.21% in 2018 and just 5.81% in 2017.Note well that to be considered a millionaire by the standards of wealth research, a household must have investable assets of $1 million or more, excluding the value of real estate, employer-sponsored retirement plans and business partnerships, among other select assets.Although California and New York have a great deal of millionaires in terms of raw numbers, they don't have the highest concentrations of rich households. It turns out there are numerous states with higher percentages of well-off households, several of which probably will surprise you.And don't forget that between living costs and taxes, a million dollars goes much further in some states than others.Here's a look at the millionaire rankings for all 50 states (plus the District of Columbia), based on the percentage of millionaire households in each. Just for good measure, we're also providing important tax and cost-of-living information. SEE ALSO: The Berkshire Hathaway Portfolio: Latest Buffett Stock Rankings

If you just looked at Target's (NYSE: TGT) operating income and margin during the first quarter, you might be worried about how the retailer will fare in the next stages of the coronavirus crisis and beyond. Target's operating income slid 59% and its gross margin rate fell to about 25% from more than 29% a year earlier. Digital growth is no stranger to Target.

Moody's Investors Service ("Moody's") affirmed Cox Enterprises, Inc.'s ("CEI") and Cox Communications, Inc.'s ("CCI") Baa2 senior unsecured long-term debt ratings and CEI's short-term P-2 commercial paper rating. The affirmation follows the company's proposed capital structure change in which in CCI, a wholly-owned subsidiary of CEI, and CEI executed new cross guarantees between the two companies in a move to try to simplify and balance the credit structure.

Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he's more worried than ever. The Boca Raton, Florida importer sells toys to retailers like Walmart Inc, Target Corp, Amazon.com Inc , TJX Cos Inc and J.C. Penney Co Inc, many of which were forced to temporarily shutter their stores because of the pandemic-induced lockdown. J.C. Penney filed for bankruptcy protection on May 15, with plans https://www.reuters.com/article/us-jc-penney-bankruptcy-exclusive/jc-penney-to-file-for-bankruptcy-as-soon-as-next-week-sources-say-idUSKBN22K20F to permanently close about a quarter of its roughly 850 stores.

Target stock was on a strong momentum run-up ahead of the report, indicating that good earnings news was priced into the rally.

When it comes to the discussion of major retailers, Target (NYSE: TGT) sometimes becomes an afterthought. Particularly with regard to the COVID-19 pandemic, retail analysts have tended to focus on Target's principal competitors, Walmart, Costco, and Amazon. This probably helped Target stock over the past few months as a run on consumer staples helped to drive revenue increases.

Americans began the lockdown by hoarding toilet paper, sweat pants, and puzzles. Now, with Memorial Day around the corner, it’s bicycles, boats, and inflatable pools.

After a brutal few months of the stock market’s wild swings, Memorial Day 2020 is finally here. Some international exchanges are open today. Here are the hours.

These are the consumer staples stocks with the best value, fastest growth, and most momentum for June.