Target’sTGT fourth quarter was not as strong as Brian Cornell and company would have liked, but the retailer did post its twenty-third straight quarterly same-store sales gains. The retailer needed di...
Tag: Brian Cornell
Much Anticipated Quarterly Reporting For Target, Walmart
Target and Walmart report Q2 2022 results August 16th and 17th respectively, and the Street is ready … [+] for the heat. Getty Images Investors and retail industry watchers are anticipating next...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Retailers Are Drowning In Inventory
A man passes in front of a Target Corp. store on Black Friday in Dallas, Texas. Photographer: Laura … [+] Buckman/Bloomberg © 2017 Bloomberg Finance LP TargetTGT is the latest retailer to reveal...
The Great Retail Reset Hits The Bullseye: Getting Back On Target
This week Target became the canary in the coal mine, as it lost nearly 25% of its value. Many viewed … [+] this as a market over correction. Getty Images The market “shock and awe” that took pla...
Walmart and Target Miss Quarterly Earnings Estimates, Dramatically
Quarterly quandary: Long on sales, short on profits Getty Images These are “Strange days indeed,” to quote John Lennon. Inflation rates are at a 40-year high yet based on the most recent April spendin...
A Bullseye For Target Delivering $106 Billion In Annual Sales
Target plans to open 30 more stores in 2022 ranging from small to mid-size formats and plans to … [+] remodel 200 of its existing stores. Courtesy of Target Target TGT has done it! The company h...