QUOTE AND NEWS
Benzinga  Aug 18  Comment 
Target Corporation (NYSE: TGT) still seems to be struggling with a slowdown in traffic, and top-line challenges. Goldman Sachs’ Matthew J. Fassler maintained a Neutral rating on the company, while reducing the price target from $75 to...
Clusterstock  Aug 17  Comment 
Target struggled to sell electronics in the second quarter, especially Apple products. The retailer on Wednesday reported earnings that were stronger than expected. But it lowered its outlook for the rest of the year as it plans for a...
Clusterstock  Aug 17  Comment 
Via Dave Lutz, head of ETFs at JonesTrading, here's a quick guide to what traders are talking about right now: Good Morning!   US futures are retreating small as WTI retreats into inventory data and earnings weighs on TGT and LOW.   Over in...
Yahoo  Aug 17  Comment 
These are the stocks posting the largest moves before the bell.
newratings.com  Aug 17  Comment 
MINNEAPOLIS (dpa-AFX) - Target Corp. (TGT) reported a profit for second quarter 2016 that declined 9.7 percent from the prior year, while revenue dropped 7.2 percent. Quarterly comparable sales decreased 1.1 percent. The company cut its profit...
New York Times  Aug 17  Comment 
Target Corp. cut its profit forecast and a key sales outlook Wednesday as it saw fewer customers in its stores and acknowledged it didn't push the second part of its "Expect More, Pay Less" slogan.
MarketWatch  Aug 17  Comment 
Target shares down over 2% premarket after cutting full-year EPS view
Forbes  Aug 16  Comment 
On a conference call last quarter, Target Chief Executive Brian Cornell warned analysts and investors that the big-box retailer was suffering from “some trip erosion” in the grocery aisles. What measures has TGT taken to stem the erosion?
MarketWatch  Aug 14  Comment 
Target Corp. has a problem in its grocery aisles: Shoppers aren’t visiting often enough to buy the retailer’s fresh meat, fruits and vegetables before they spoil.




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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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