Target | featured news

Target profit slipped in winter holiday quarter

Target Corp posted lower quarterly profit on Wednesday, as sales of food and value-priced items only partially mitigated some weakness it saw when holiday shoppers held back from discretionary spending in an uncertain economy.


Retailers to launch mobile app for payments

A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.


Target, Macy's Sales Below Estimates

Target (TGT) and Macy’s (M) announced that June same store sales were below analyst estimates. Sales at Target increased by 2.1 percent, below expectations of a 2.8 percent gain. Macy’s reported a 1.2 percent increase in same-store sales, well below the estimate of 2.3 percent.


Target April sales rise, but miss analysts' view

Target Store

Target Corp. said Thursday a key sales figure rose 1.1 percent in April, but it fell short of analysts' expectations. Analysts expected the discount retailer to post a 2.8 percent increase in stores opened at least one year, according to Thomson Reuters. That metric is a key gauge of a retailer's health because it excludes results from stores recently opened or closed.


Target's 4Q profit declines 5.2 percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.


Retail sales weather Hurricane Irene, stock market storm

Retail sales at major chain stores beat analysts' expectations, rising 4.4% year-over-year in August, according to Thomson Reuters' tally of 23 retailers. Discounters, including Target Corp. and Costco Wholesale Corp., did well as East Coasters stocked up before Hurricane Irene.


Target stores to sell Facebook gift cards

Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site.

Senh: What a waste of money. I still don't understand why anyone would pay for virtual items. I don't think they'll do too well.


Profit Up 17%, Target Comes In As Forecast

Target meets analyst expectations with its fiscal second quarter earnings.


Man kills woman, self at Target store

A man walked into a North Carolina Target store on Sunday and shot an employee he had had a previous relationship with before turning the gun on himself, police said.


Woman arrested after four stabbed in a West Hollywood Target store

Woman arrested after four stabbed in a West Hollywood Target store

An off-duty L.A. County sheriff's deputy arrested a woman Monday on suspicion of stabbing four people in a Target store in West Hollywood.


Subscribe to this RSS topic: Syndicate content