Latest Articles
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Apple Cracks the Sky With $600 Shares
Submitted by Wall St. Daily as part of our contributors program Apple Cracks the Sky With $600 Shares The services sector has expanded at its fastest pace in eight months, bumping stocks a little higher. The escalating violence in ...
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Target’s CEO Steps Down Following The Massive Data Breach And Canadian Debacle
In an interesting turn of events, Target (NYSE:TGT) CEO, President and Chairman Gregg Steinhafel resigned from all his positions after extensive discussions with the board. The company stated that Steinhafel and board members have mutually decid...
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Can Target’s Canadian Operations Recover From The Initial Setback?
Cheap chic retailer Target (NYSE:TGT) opened its first stores in Canada last year, marking the beginning of its international expansion. While the company had high hopes from the region, poor customer response, lack of a proper supply chain syst...
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Growing REDcard Penetration, Improving Online Sales And Smaller Stores Likely To Drive Target’s Revenue Per Square Feet
More than other factors, Target ‘s (NYSE:TGT) revenue per square feet (RPSF) (a measure of the retailer’s store productivity) has been influenced by the economic environment in the U.S. During the economic downturn of 2008-2009, the ...
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Bleak Holiday Season, Data Breach And Canadian Losses Dampen Target’s Q4 Results, But Outlook Is Better
One of the biggest retailers in the U.S. Target (NYSE:TGT) recently reported its Q4 and fiscal 2013 results. The company recorded a decline of 2.5% in its comparable store sales on account of weak holiday sales and the nation-wide data breach. D...
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Target’s Results Will Be Weighed Down By Traffic Decline, Small Online Channel And Data Breach
Target (NYSE:TGT) is scheduled to release its Q4 fiscal 2013 results on February 26. While the company struggled to grow during the first three quarters of fiscal 2013, we expect Q4 to be worse. In addition to the weak consumer sentiment in the U...
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Target Slashes Its Q4 Outlook And Unveils Plans To Close Eight Stores
Target (NYSE:TGT) recently lowered its EPS guidance for the fourth quarter from $1.50-$1.60 to $1.20-$1.30 on account of weaker-than-expected sales. Due to a significant decline in U.S. store traffic, several retailers (including Target) struggl...
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What’s Driving Target’s U.S. Revenue Per Square Foot?
Revenue per square foot (RPSF) is the measure of a retailer’s store productivity, and growth in this metric is a good indicator of comparable store sales growth. More than any other factors, Target ‘s (NYSE:TGT) RPSF has been influenced by...
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Where Can Target Expand After Facing Disappointment In Canada?
Target (NYSE:TGT) initiated international expansion at the beginning of fiscal 2013 as it opened its first store in Canada. Although the company has expanded aggressively since then, it has yet to see good results in the region. High pre-opening...
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How Is Target Developing Its E-Commerce Business
Target (NYSE:TGT) has been struggling with its growth for some time now due to the edgy retail environment in the U.S. The retailer has reported disappointing results for the past several quarters with its comparable store sales growth barely to...
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Target Results Disappoint; Cuts Profit Outlook For The Year
Target (NYSE:TGT) recently reported disappointing Q3 results as its sales growth was weighed down by the weak retail environment in the U.S. The company’s comparable store sales increased by just 0.9% while the market was expecting it to b...
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Target Earnings Preview: Soft Back-To-School Season Can Hamper Growth
Target (NYSE:TGT), one of the biggest retailers in the U.S., has been struggling for growth over the past few quarters due to prevailing economic weakness in the U.S. Since the start of the year, the U.S. retail market growth had been sluggish, a...
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Target’s Rough Ride In Canada Will Persist In The Near Term
One of the biggest retailers in the U.S., Target (NYSE:TGT), initiated its international expansion earlier this year when it opened its first store in Canada in March. The retailer has since expanded aggressively in the region and is on track to ...
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Target Plans To Reduce Holiday Hiring In Anticipation Of A Weak Season
Target (NYSE:TGT), the second largest retailer in the U.S., reported disappointing results in the last few quarters due to the prevailing economic weakness. Moreover, the company is going through a dismal back-to-school season and might not find ...
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How Is Target’s Groceries Business Evolving?
Target (NYSE:TGT) is one of the biggest retailers in the U.S. and offers a variety of products such as hardlines, apparel & accessories, household essentials, home furnishing, and foot & pet supplies. However, it still trails its competit...
