QUOTE AND NEWS
newratings.com  May 18  Comment 
MINNEAPOLIS (dpa-AFX) - Shares of Target (TGT) have come under pressure during trading on Wednesday, with the retailer tumbling by 7.2 percent. With the drop, Target has fallen to its lowest intraday level in well over a year. The steep loss by...
Benzinga  May 18  Comment 
Target Corporation (NYSE: TGT) reported first quarter results in which the company exceeded Wall Street's expectations in terms of earnings, but fell short on the revenue side. Target also issued a downbeat forecast for its second quarter,...
Forbes  May 18  Comment 
In early trading on Wednesday, shares of Micron Technology (MU) topped the list of the day's best performing components of the S&P 500 index, trading up 5.7%. Year to date, Micron Technology has lost about 27.8% of its value.
Benzinga  May 18  Comment 
Target Corporation (NYSE: TGT) provided a downbeat guidance for the second quarter by dragging its stock down more than 7 percent in the pre-market trading. The company's earnings for the first quarter topped the Street expectations while revenue...
Clusterstock  May 18  Comment 
Target shares fell 7% in pre-market trading Wednesday after the company reported a forecast for second-quarter sales that was weaker than analysts had expected.  Target said it expects comparable-store sales — at locations open for at least...
Benzinga  May 17  Comment 
In late April, Target Corporation (NYSE: TGT) stirred up a lot of controversy by announcing a new gender-neutral restroom and fitting room policy. In the weeks that have followed, the public has responded passionately both in favor of and in...
MarketWatch  May 17  Comment 
Target Corp. recalled about 2,600 Hanukkah menorahs sold from October 2015 through December 2015 for about $20, because of a fire hazard, according to the U.S. Consumer Products Safety Commission. The clear acrylic menorahs, in a pyramid design...
MarketWatch  May 17  Comment 
Infant bicycle helmets imported by Wisconsin-based Pacific Cycle Inc., and sold exclusively in China, are being recalled because of choking and magnet ingestion hazards, according to U.S. Consumer Product Safety Commission. The China-made helmets,...
Reuters  May 17  Comment 
Big-box retailer Target Corp appointed Nordstrom Inc executive Mark Tritton its chief merchandising officer, nearly a year after Kathryn Tesija left the position.




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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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