Target sales surge as customers flock to low-cost retailers
Target’s profit and sales beat Wall Street expectations, in the latest sign that shoppers are flocking to discount chains as inflation keeps prices high. The “cheap chic” retailer on Wednesday raised its full-year profit outlook and reported its first quarterly comparable sales increase in more than a year as price cuts drew more shoppers to […]
Wall Street brokers flock to Four Twenty Five in NYC for ‘power hour’ after markets close
Celebrity chef Jean-Georges von Grichten’s new Park Avenue restaurant has become the epicenter of the “power hour,” a new post-pandemic phenomenon for Wall Street powerhouses, Side Dish has learned. As soon as the closing bell rang, traders, investors and executives flocked to Four Twenty Five, a Norman Foster-designed skyscraper that opened in December at 425 […]