QUOTE AND NEWS
Wall Street Journal  4 hrs ago  Comment 
Target Corp. Chief Executive Brian Cornell said the retailer has “no intention” of becoming a full-service grocery store, even as it looks for new ways to draw in shoppers amid declining sales.
newratings.com  Sep 13  Comment 
MINNEAPOLIS (dpa-AFX) - Target Corp. (TGT) is reportedly hiring 70,000 seasonal workers to work in its stores nationwide for the holiday season, which is the busiest time of year. The seasonal store employees hired this holiday season is same as...
Motley Fool  Sep 13  Comment 
An analyst shifts gears on the two leading discounters.
Benzinga  Sep 8  Comment 
Target Corporation (NYSE: TGT) witnessed a worse-than-expected deceleration in its Q2 comps, driven by fewer transactions as well as lower units per transactions. The company’s store traffic would likely continue to be challenging, Argus’s...
MarketWatch  Aug 25  Comment 
Target Corp. said Thursday that it will offer an extra 10% discount on Sunday both in stores and online, a first for the retailer. Coupons will be available in the Sunday weekly ad. Or, starting Friday, shoppers can text the word "Run" to...
The Times of India  Aug 25  Comment 
Welspun India's scrip witnessed severe drubbing for the fourth day in a row, falling over 8 per cent on Thursday amid a host of negative news following US-based Target Corp's decision to terminate its contract with the company for alleged lapses...
The Economic Times  Aug 25  Comment 
Lenders to linen maker Welspun India told the company to come clean regarding the dispute over raw material used for bedsheets supplied to Target Corp.
The Economic Times  Aug 23  Comment 
Target accounts for 10% of Welspun India’s total revenue and the product under concern constitutes about 10% of the total business from the US firm.
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...
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.




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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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