Target Corp
NYSE: TGT
$153.57
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The desperate situation of retailers is about to become worse. Holiday shoppers intend to spend 47% of their money online, according to a new survey.
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According to the Consumer Product Safety Commission, Target has recalled 127,000 Halloween light products. The lights were made in China.
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Target has started to build smaller stores, to move into cities, but Wall Street does not buy the company's overall management. The stock trades near its 52-week low.
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These are 14 companies in the S&P 500 Index that have at least a 25 year history of dividend hikes and that seem likely to keep increasing their dividends in the coming years.
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Kohl's announced Monday morning that it plans to hire more than 69,000 seasonal employees for the 2016 holiday shopping season.
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All these companies have faced issues. However, investors that bought and held shares over time did very well on a total return basis.
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Short interest in Target rose by more than 5 million shares in the period that ended August 15. Judging by that and its share price, investors are nervous.
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The trouble is relentless across the brick-and-mortar retail world. Malls are closing or downsizing. At least six large retailers will have to merge, almost certainly in some combination with one...
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Target reported mixed second-quarter fiscal 2016 results and lowered its guidance before markets opened Wednesday morning.
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Target is scheduled to report its fiscal second-quarter financial results before the markets open on Wednesday.
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Wall St. has put together a preview of Wal-Mart, Cisco and some of the other most anticipated quarterly reports scheduled for this week.
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24/7 Wall St. has provided 13 tips for back-to-school savings with very specific ways to save money specific to the year 2016. We have also included eight specific companies for savings.
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Beginning Monday, Wal-Mart is removing the $50 minimum purchase amount and offering free shipping on all online orders for five days.
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Google sites were the most visited in May, based on desktop and mobile results together, according to research firm comScore.
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Target announced Wednesday morning that its board has raised the retailer's quarterly dividend by about 7% to $0.60.
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