Latest Articles
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Target Q3 Earnings: Tax Benefit Helps Meet Expectations As Both Sales And Margins Disappoint
Target ( NYSE:TGT ) just announced its earnings for the quarter ended October. With an earnings per share of $0.86 that met the consensus forecast, at the outset, it seemed like the retailer did well during the August-October period. However, its...
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Target Q3 Earnings Preview: Store Initiatives And Product Launches Likely Drove Another Impressive Quarter
Target ( NYSE:TGT ) is scheduled to release its earnings for the third quarter on November 18th. (Fiscal years end with January.) Continuing its streak of better-than-expected earnings in 2014, the company has had a great run this fiscal year. T...
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Three Ways Brick-and-Mortar Stores Are Closing In On Online Retailers
The last few years have seen great shifts in the retailers’ business models, mainly brick-and-mortar retailers. In the wake of increasing dominance of e-commerce giants, big-box stores had to find ways to get back to winning customers. Pric...
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Price War For Holiday Sales Heats Up As Target Raises Ante With New Price-Match Policy
Making up nearly 20% of the industry’s annual sales and 30% for a typical retailer, the two-month period of November and December is an important one for both retailers and bargain-seeking consumers. The 2014 season clocked an year-over-year grow...
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Target Betting Big on Digital Transformation, Likely To Yield These Benefits
Target (NYSE:TGT) has had an impressive first half in the current fiscal, marked by growing sales despite a challenging environment for retailers. It has also undertaken a massive cost reduction program, aiming to save up to $2 billion by the end...
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Earnings Review: Target Continues To Impress, Increases Guidance Again
Target (NYSE:TGT) released results for Q2 fiscal 2015 on August 19. The company reported impressive results for the second quarter in a row, even as the retail environment remains challenging, especially in the U.S. Adjusted earnings per share fo...
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Target Axing Employees At Headquarters To Reduce Expenses
In an effort to lower expenses, Target (NYSE:TGT) is proactively downsizing its corporate workforce. The company began employee layoffs in February and cut 140 jobs at its headquarters in the latest round. In a financial community meeting held i...
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Target Seeking Higher Traffic & Business Consolidation With CVS Deal
In an interesting turn of events, Target (NYSE:TGT) has signed a definitive agreement to sell its pharmacy and clinic business to the drugstore chain CVS Health (NYSE:CVS) in a $1.9 billion deal. Under the terms of the agreement, CVS will rebrand...
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Target Seeking Fashion To Gain Growth Momentum
Affordable fashionable merchandise are what helped Target make a name for itself in the U.S. retail market, before it decided to go aggressive on groceries that severely impacted its growth. However, it has once again resorted to its “known...
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Target On-Target In The First Quarter
Target (NYSE:TGT) reported positive results for its Q1 fiscal 2015, beating market expectations. Backed by strong growth in online sales, a good customer response to its fashion categories, and arise in number of transactions, the retailer̵...
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Target’s Earnings May Feel The Impact Of Traffic Decline And Wage Hike
Target (NYSE:TGT) is scheduled to release its Q1 fiscal 2015 earnings on May 20th, and we expect its growth to remain under pressure on account of an industry wide decline in foot traffic. Although the retailer had posted better-than-expected rev...
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Lily Pulitzer Collection Indicates A Probable Target Comeback
Just a month after he was appointed, Target ‘s (NYSE:TGT) CEO Brian Cornell had 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 ...
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Retail Week In Review: Wal-Mart and Target
The past week was stable for retail behemoths – Wal-Mart (NYSE:WMT) and Target (NYSE:TGT), as stock for both companies did not move much. Wal-Mart faced some issues with its fired employees after it closed some stores, citing plumbing issu...
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Target’s Plans To Protect Its Bottomline May Get Hindered By Probable Wage Hike
Target ‘s (NYSE:TGT) shares have rallied over the past couple of months, following the closure of its loss making Canadian business and better-than-expected revenue growth in the U.S. for the fourth quarter. The company ended its operations...
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Target Beats On Revenues But Reports Significant Losses Due To Canada
For the second quarter in a row, cheap chic retailer Target (NYSE:TGT) reported positive growth in its U.S. comparable sales. The company said that its Q4 sales in stores open for over a year increased 3.8%, following 1.2% growth registered in Q...
