Latest Articles
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
