QUOTE AND NEWS
Jutia Group  Feb 4  Comment 
[Business Wire] - Target Corporation will webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time. Investors and others are invited to access the presentations and Q&A session online on the...
TheStreet.com  Feb 3  Comment 
NEW YORK (TheStreet) -- Target shares are up 2.11% to $75.82 in trading on Tuesday after the big box retailer named former Tesco  executive Mike McNamara as its new executive vice president and chief information officer. McNamara replaces...
Wall Street Journal  Feb 3  Comment 
Target Corp. has named Mike McNamara chief information officer, replacing the data-security veteran brought in last May to guide the company after a disastrous data breach in 2013.
Jutia Group  Feb 3  Comment 
[Business Wire] - Target Corporation today announced that Mike McNamara will assume the role of executive vice president and chief information officer. As the company’s top technology leader, McNama Read more on this. Target Corp. (TGT),...
MarketWatch  Feb 2  Comment 
Target Corp. said on Monday that it plans to open 15 stores this year, including eight of its smaller-format TargetExpress stores and one CityTarget. The company said the openings include one TargetExpress in Washington, D.C. and one in Chicago,...
Market Intelligence Center  Jan 26  Comment 
Target Corp (TGT) traded between $74.65 and $75.93 before closing at $75.29 Friday and presents some attractive trading opportunities today. MarketIntelligenceCenter.com’s algorithms have picked a Mar. '15 $77.50 covered call for a net debit of...
TheStreet.com  Jan 20  Comment 
NEW YORK (TheStreet) -- BMO Capital Markets raised its price target for Target to $82 from $75 on Tuesday, reiterating its "outperform" rating. The analyst firm raised its 2014 and 2015 EPS estimates for the retailer to $3.46 and $4.67 a...
Canada.com  Jan 19  Comment 
"All of these competitive pressures should drop a notch once the liquidation of Target stores is complete"
Reuters  Jan 16  Comment 
Target Corp was scrambling for ways to fix its failing Canadian expansion and considering closing just the weakest locations, but a pre-holiday visit to several stores by CEO Brian Cornell helped seal the decision for a full retreat.
TheStreet.com  Jan 16  Comment 
NEW YORK (TheStreet) -- Shares of Target Corp.  were lower in early morning trading, down 2.04% to $74.13 today, despite higher estimates by Credit Suisse following Target's shift in focus to its U.S. business. Target announced yesterday...




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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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