Latest Articles
-
What Is Target Canada Doing To Address Its Inventory Issues?
A couple of months back, Target (NYSE:TGT) Canada CEO, Mark Schindele, outlined certain turnaround efforts for the company’s botched up Canadian expansion. He said that a team was reviewing the performance of each Canadian store to identif...
-
Retail Week In Review: Wal-Mart, Target & Costco
Last week, National Retail Federation (NRF) released an optimistic sales growth forecast for the upcoming holiday season. It predicts retail sales during November and December 2014 (excluding gas, autos and restaurant sales) to increase by 4.1%, ...
-
Target Plans Conservatively For The Holiday Season Despite A Promising Industry Forecast
Target (NYSE:TGT), one of the largest retailers in the U.S., has reported disappointing results in the last several quarters due to low consumer spending and the impact of last year’s data breach. Although the company has taken certain meas...
-
Retail Week In Review: Wal-Mart, Target And Costco
The past week in the U.S. retail industry was mainly about major retailers, Wal-Mart (NYSE:WMT) and Target (NYSE:TGT), unveiling their plans for holiday hiring. While the retail giant decided to increase its hiring as compared to 2013 for the bu...
-
Target To Go Aggressive On Its “Known For” Categories
Just a month into his job, Target ‘s (NYSE:TGT) new CEO, Brian Cornell, announced that he is planning to aggressively expand certain categories that once provided Target an edge over other retailers. He said that the company will almost do...
-
Week In Review: Wal-Mart, Costco And Target
Nothing significant happened in the U.S. retail market this week as Wal-Mart (NYSE:WMT) persisted with its lack of interest in Family Dollar, even as Dollar General and Dollar Tree entered a bidding war for the same. Cheap Chic retailer, Target ...
-
Target To Focus On Growth And Salvage Its Canadian Expansion
Target ‘s (NYSE:TGT) Q2 fiscal 2014 earnings fell by a staggering 62% as Canadian losses and aggressive discounting weighed heavily on its profits. The company lowered its guidance for the second time this year, citing a traffic decline and...
-
Data Breach Repercussions And Falling Traffic To Subdue Target’s Results
‘Cheap chick’ retailer Target (NYSE:TGT) is scheduled to release its Q2 fiscal 2014 earnings on August 20. In a recent press release, the company slashed its second quarter earnings per share guidance from $0.85-$1.00 to $0.78, citing...
-
Can Target’s New CEO Help Turn Around The Company?
Earlier this year, Target (NYSE:TGT) CEO, President and Chairman Gregg Steinhafel resigned from all his positions following the massive data breach last December and the troubled launch of its entry into Canadian markets. Immediately after his ...
-
Target May Find It Hard To Promote Its REDcard With The Data Breach Repercussions
Last year, Target (NYSE:TGT) was hit by one of the biggest data breaches in the history of U.S., in which personal information of close to 70 million shoppers was stolen. Following the breach, the retailer’s sales declined meaningfully as ...
-
Target’s Grocery Business Growth Is Slow Despite Its Efforts
Target (NYSE:TGT) is one of the biggest retailers in the U.S. and offers a variety of products across hardlines, apparel & accessories, household essentials, home furnishing and pet supplies. However, it still trails its competitors in grocer...
-
A Closer Look At Target’s Domestic Expansion Approach
One of the largest retailers in the U.S., Target (NYSE:TGT), operates close to 1,800 stores in the country, spread across 50 states and District of Columbia. The retailer’s store fleet consists of four different formats: SuperTarget stores...
-
Retail Stock Divergence Unfolding in 2014
Submitted by Wall St. Daily as part of our contributors program Retail Stock Divergence Unfolding in 2014 The list of warning signs for investors continues to grow longer and longer. The credit markets are acting as if the credit cr...
-
Target Earnings: Continued Struggle In The U.S. And Canada Calls For Proactive Actions
Cheap chic retailer Target (NYSE:TGT) recently released its Q1 fiscal 2014 results with 2.1% growth in overall revenues, in line with market expectations. However, the retailer’s profits stumbled by almost 16% due to heavy losses in Canada...
-
Target Earnings Preview: Better Marcoeconomic Environment In The U.S. Might Help
One of the biggest retailers in the U.S., Target (NYSE:TGT), has been in the news lately for its botched up Canadian expansion, the massive data breach and changes in top level management structure. The retailer will be in focus once again when i...
