Latest Articles
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How Target Is Looking To Develop A Competitive Edge In Apparel
Target (NYSE:TGT) recently began a revamp of its apparel merchandise, phasing out certain old brands and introducing several new private labels. This new line of curated clothing is aimed towards attracting customers to its stores by providing at...
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Why We Expect Target’s Revenue Per Square Foot To Rebound
Target (NYSE: TGT) has seen declines in its revenue per square foot (RPSF) at its stores, from $308 in 2015 to below $290 now. We expect the retailer’s revenue per square foot to decline to $284 this year, due to declining foot traffic at ...
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Why Target Is Consolidating Its Mobile Apps
Target (NYSE: TGT) recently announced that it plans to consolidate its two discrete apps, the Target app and savings app Cartwheel, into one app later this summer. Target also plans to significantly upgrade the Target app with an indoor map that...
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How Target’s E-Commerce Initiatives Will Impact Its Financials
Target (NYSE: TGT) continues to look to keep pace with Wal-Mart (NYSE:WMT) in the e-commerce space, no easy feat given Wal-Mart’s acquisition of Jet.com, which transformed the company’s online operations and brought in a new team o...
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Why Target Is Investing In Mattress Startup Casper
Reports suggest that Target (NYSE:TGT) is investing $75 million in bedding startup Casper in order to help boost its e-commerce presence. This investment comes after Target announced a partnership with Casper, making its products available on Tar...
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Digital Sales Offsetting Comparable Sales Declines For Target
Target (NYSE: TGT) announced better-than-expected first quarter results, as both its revenue and earnings per share (EPS) came in ahead of market expectations. As a result, the company’s stock rose slightly after the first quarter earnings...
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What To Expect From Target’s Q1 Earnings
Target (NYSE: TGT) is scheduled to announce its fiscal first quarter results on Wednesday, May 17. The company reported somewhat disappointing results in the fourth quarter, as both its revenues and earnings per share missed market expectations....
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A Closer Look At Target’s Grocery Focus
After disappointing sales in the holiday season and missing consensus estimates for both EPS and revenues in Q4 2016, Target (NYSE:TGT) has been working on several initiatives to drive sales in recent months. Increasing its focus on its grocery s...
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A Closer Look At Target’s Store Makeover
As it struggles to grow revenues, Target (NYSE:TGT) is investing significantly in redesigning its stores to make them more customer-friendly and efficient. The company piloted its first such “next generation” outlet in Richmond, Texas and is inve...
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Target’s Stock Plunges After Disappointing Q4 Results
Target (NYSE: TGT) posted disappointing fourth quarter results, with both revenues and EPS missing market expectations. The company earlier reported a 5% decline in sales during the holiday season (November and December) and its impact was visib...
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Target Q4 Earnings Preview: Holiday Season Decline Likely To Drive Mixed Results
Target (NYSE: TGT) is scheduled to announce its fourth quarter results on Tuesday, February 28. The company reported better than expected results in the third quarter, as both its revenues and earnings per share came in ahead of expectations. Ho...
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Is Target Changing Its Strategy By Cutting Down Innovation Initiatives?
Reports suggest that Target (NYSE:TGT) is cutting down on its innovation initiatives and the company is no longer pursuing “Goldfish”, its secretive e-commerce start-up. Target has also reportedly shelved a prototype of a robot infused store of t...
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Here’s Why Target Is Using Soccer To Promote Its Products
Recently, Target (NYSE:TGT) announced a series of initiatives that will make it one of the largest supporters of soccer in the U.S. The company is now the official partner of Major League Soccer (MLS) after it signed a multi-year deal that inclu...
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How Is Target’s Store Operating Efficiency Trending?
Target ‘s (NYSE: TGT) operating costs have declined notably over the past two years. However, we expect them to remain stagnant over the next two years owing to the company’s cost control measures. Moreover, Target’s running cos...
