Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · That consumer sentiment wasn’t aligned in Target’s favor. Groceries account for about 60% of Walmart’s U.S. business, according to the Arkansas-based company’s most recent annual report. Target is more reliant on discretionary items like clothing and accessories because less than a quarter of its sales come from food and beverages. “All these things undermine the …
Target sounds the alarm bell on holiday shopping - CNN
Nov 20, 2024 · Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry.
A tale of two retailers: Target reports sluggish spending while …
Nov 20, 2024 · NEW YORK (AP) — Target on Wednesday reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non ...
Target Reveals Store Hours for Black Friday, Announces Extended ...
Nov 12, 2024 · Most Target stores open early at 6 a.m. local time on Black Friday, offering "Taylor Swift | The Eras Tour Book," plus "The Tortured Poets Department: The Anthology" on CD and vinyl, exclusively at Target, and other must-have deals, with the added ease of the retailer's convenient same-day delivery services; The retailer also announced extended holiday …
Target’s sales fell for the first time in 7 years | CNN Business
Mar 5, 2024 · Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices and a...
Target Corporate: News & Features
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
Target Corporation Reports Second Quarter Earnings
Aug 21, 2024 · Target Corporation (NYSE: TGT) today announced its second quarter 2024 financial results, which reflected a return to topline growth and strong profit performance. The Company reported second quarter GAAP and Adjusted earnings per share 1 (EPS) of $2.57 , compared with $1.80 in 2023.
Target launches new paid membership program in ... - Associated Press News
Mar 5, 2024 · NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day shipping.
Target closes stores ahead of third quarter earnings report
Nov 13, 2023 · Target is gearing up for the holiday season, after dealing with slowing sales, backlash to its Pride collection and losses from theft.