Walmart's eggless Easter, Old Navy's AI bet, and Target cuts bonuses: Retail news roundup
Walmart (WMT) is skipping the eggs this Easter to cut costs. Target (TGT) will cut bonuses for salaried employees in response to weaker consumer spending and inflationary pressures. Just as consumers anticipated a break in egg prices, proposed port fees may make bananas the next price casualty. Meanwhile, McDonald’s (M…