Retailers bet that consumers could keep up their goods shopping spree and lost. Plus, a boost for American solar manufacturers and online schooling’s staying power.
MIAMI, FLORIDA - MAY 18: A customer shops in a Target store on May 18, 2022 in Miami, Florida. The retail store reported a 52% drop in profit for the first quarter, missing Wall Street's forecasts. The company blamed higher expenses due to continued supply chain disruptions as well as the high inflation rate.