QUOTE AND NEWS
Benzinga  Mar 5  Comment 
Sterne Agee issued a report on Target Corporation (NYSE: TGT) saying that the firm was encouraged by Target focusing on its digital platform and merchant culture. Furthermore, Target has over $2 billion of potential cost savings to fund...
Wall Street Journal  Mar 4  Comment 
Target Corp. plans to lay off several thousand employees at its Minneapolis headquarters and elsewhere as CEO Brian Cornell looks to get the retailer back on track and shoppers back in its stores.
Reuters  Mar 3  Comment 
U.S. retailer Target Corp , which has been battling back after a massive data breach and sluggish performance, on Tuesday said it will eliminate several thousand jobs, mainly from headquarters locations in the United States and India, as it aims...
TheStreet.com  Mar 3  Comment 
NEW YORK (TheStreet) -- Shares of Target Corp.  closed up 0.41% at $78 after the company forecast profit for the current year that topped most analysts' estimates, as CEO Brian Cornell laid out plans to improve the retailer's merchandise and...
Clusterstock  Mar 3  Comment 
(Reuters) - U.S. retailer Target Corp on Tuesday forecast a rise in profit and sales this fiscal year and said it would have the capacity to buy back $2 billion worth of its shares this year. Target said it expected adjusted earnings per share,...
Benzinga  Mar 1  Comment 
Target Corporation (NYSE: TGT) shares have seen a strong rally in the past few months, fueled by expectations that new CEO Brian Cornell will lead a turnaround. But what exactly is Target's comeback strategy? Craig Johnson, president of...
TheStreet.com  Feb 28  Comment 
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Here are some of the hot stocks Jim Cramer talked about on Friday's Mad Money on CNBC: TGT data by YCharts...
Benzinga  Feb 26  Comment 
In a report published Thursday, Wolfe Research maintained an Outperform rating on Target Corp (NYSE: TGT), with a price target of $85. The company reported its fourth quarter adj EPS at $1.50, higher than the estimate. Its EBIT beat was driven...




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Target Corporation (NYSE: TGT) is one of the top ten largest retailers in the U.S. by sales. Target generated revenue through sales of apparel, electronics, housewares and other product categories through both online operations and the Target stores in the U.S.[1] Target has carved out a niche for itself as a "cheap chic" retailer.

In January 2011, Target took its first step in expanding outside of the US with the purchase of 220 Zellers stores in Canada. Target plans to convert 100 to 150 of these stores by 2013 or 2014, with revenues similar to those of its US counterparts.[2] Target also started REDcard promotions with its credit card program, which could increase its revenues. However, rising commodity prices may offset these gains.

Company Overview

News

  • Target is planning to expand operations into Canada by 2013. Target has acquired the rights to 220 Zellers store Leases from the Hudson's Bay Co. and has already announced plans for 105 of these leases. [3]

References

  1. Target Q4 and 2009 Earnings Data
  2. http://seekingalpha.com/article/246791-target-s-expansion-into-canada-is-on-solid-ground
  3. http://news.morningstar.com/all/ViewNews.aspx?article=/DJ/201107111404DOWJONESDJONLINE000267_univ.xml

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