Target’s in Trouble. How it Could Turn Business Around.
Target third-quarter report was bad. So bad, in fact, that the stock had its worst day in years, dropping a little over…
Read articleTarget third-quarter report was bad. So bad, in fact, that the stock had its worst day in years, dropping a little over…
Read articleRetailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by…
Read articleTarget stock was on track for its largest decrease in nearly two years Wednesday, after the retailer’s fiscal first-quarter earnings missed…
Read articleTarget garnered national attention last week when it said it would close stores in four major cities, citing rising problems with theft and violent crime. But while such moves make it clear that the retail industry is struggling with a theft problem, it’s surprisingly hard to get concrete picture of just how big that problem…
Read articleMany retail stocks have been ravaged amid a tempestuous earnings season.
Read articleTarget Corp (TGT.N) on Tuesday forecast muted profit growth in 2023 and warned of the need for more discounts to woo shoppers cutting their discretionary spending due to surging inflation. The retailer’s discounting strategy powered its sales and profit in the holiday quarter to exceed market expectations for the first time in a year, lifting…
Read articleTarget Corp (TGT.N) reported a bigger-than-expected 90% fall in quarterly earnings on Wednesday and missed estimates for comparable sales as it struggled to lure inflation-hit shoppers with steep discounts on apparel, electronics and home goods. A host of U.S. retailers have issued profit warnings in recent weeks as consumers squeezed by higher prices for everything…
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