QUOTE AND NEWS
Motley Fool  Apr 22  Comment 
The big-box retailer is keeping up with a tight labor market.
Yahoo  Apr 18  Comment 
Discount retailer Target Corp has started raising employee wages to a minimum of $10 an hour, its second hike in a year, pressured by a competitive job market and labor groups calling for higher wages at retail chains, sources said. Target...
MarketWatch  Apr 18  Comment 
Target Corp. held its annual designer sale Sunday, but this year’s collaboration with Finland’s Marimekko failed to spark the excitement of previous collections when frenzied shoppers cleaned out stores and crashed Target’s website.
Benzinga  Apr 15  Comment 
Shares of Target Corporation (NYSE: TGT) are up 12.8 percent year-to-date. BofA Merrill Lynch’s Robert F. Ohmes maintained a Buy rating for the company, with a price objective of $95. Analyst Robert Ohmes believes that Target is poised for...
Benzinga  Mar 31  Comment 
Given the significant pressures from e-commerce being faced by Target Corporation (NYSE: TGT) in its general merchandise category, the company’s margin expansion and comp store sales growth targets could prove too optimistic. Barclays’...
Clusterstock  Mar 29  Comment 
By Nandita Bose CHICAGO (Reuters) - Target Corp has been accused in a lawsuit of failing to pay overtime to workers with low-level management responsibilities at its warehouses in New York state. The lawsuit, which seeks class action status,...
newratings.com  Mar 23  Comment 
MINNEAPOLIS (dpa-AFX) - Online retailer Amazon.com Inc. (AMZN) has filed a lawsuit against its former logistics and supply-chain executive, recently hired by discount store operator Target Corp. (TGT), to prevent him from disclosing the...
Reuters  Mar 22  Comment 
Amazon.com Inc has sued a former executive hired by Target Corp as its chief supply chain and logistics officer to prevent him from revealing trade secrets.
Forbes  Mar 10  Comment 
American Tower Corporation (AMT) has declared its quarterly cash distribution of $0.51 per share on shares of the Company's common stock. The distribution is payable on April 28, 2016 to such stockholders of record at the close of business on...
newratings.com  Mar 3  Comment 
MINNEAPOLIS (dpa-AFX) - Discount-store operator Target, Inc. (TGT) on Wednesday said it will cut the number of sizes, flavors and some brands on its shelves to help resolve out-of-stock issues. The company plans to invest $2 billion to $2.5...




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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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