QUOTE AND NEWS
MarketWatch  May 19  Comment 
Target Corp. held discussions to buy New York-based mattress startup Casper Sleep for $1 billion, but Target gave up after a deal couldn't be worked out, according to a Recode report, which citing "multiple sources." Instead, the report said...
Forbes  May 18  Comment 
Target (NYSE: TGT) announced better-than-expected first quarter results, as both its revenue and earnings per share came in ahead of market expectations. As a result, the company’s stock rose slightly after the first quarter earnings announcement.
Benzinga  May 17  Comment 
Target Corporation (NYSE: TGT) shares are trading higher by $1.14 (3.3 percent) at $55.67 in Wednesday's session. That is a far cry from its pre-market high of $59.19, which was made after its Q1 report was released. For the quarter, the company...
Clusterstock  May 17  Comment 
Target Corp.'s stock rose by 7.4% to $58.55 a share after the company reported a smaller-than-expected drop in quarterly comparable sales on Wednesday. Sales at stores open at least one year fell by 1.3%, better than the 3.6% drop expected by...
Clusterstock  May 17  Comment 
Here's what you need to know: President Donald Trump in February asked James Comey to shut down the investigation into former national security adviser Michael Flynn, The New York Times reports. "The president has never asked Mr. Comey or anyone...
Channel News Asia  May 17  Comment 
Target Corp reported a smaller-than-expected drop in quarterly comparable sales on Wednesday, as sales picked up in March after a slow start to the quarter.
Motley Fool  May 15  Comment 
Target is hoping its big-city dreams will pave the way for a turnaround. But will the strategy work?
MarketWatch  May 10  Comment 
Target Corp. confirmed with MarketWatch on Wednesday that it is raising the free shipping minimum order threshold to $35 from $25. Orders placed using the Target credit or debit card will continue to ship for free. The card also provides a 5%...
Channel News Asia  May 9  Comment 
Target Corp plans to test a next-day home delivery service called Target Restock in the Minneapolis area, the company said in a blog post on Monday.




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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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