In a surprising move, Ulta Beauty and Target announced the end of their partnership that brought Ulta shops to Target stores by 2026. This decision has led to a drop in Target's stock as the retailer struggles with sales and market share.
McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.