Target Corp
NYSE: TGT
$149.79
-$1.12 (-0.7%)
Closing Price on November 8, 2024
TGT Articles
Kohl's is scheduled to report its fiscal third-quarter financial results before the markets open on Thursday.
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Is Target Corp. (NYSE: TGT) ready to leave Wal-Mart Stores Inc. (NYSE: WMT) in the dust? That is the question investors might be wondering on Monday.
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Monday's top analyst upgrades, downgrades and initiations include Bankrate, FireEye, First Data, Pier 1, Regions Financial, Stratasys, Target, Wal-Mart and ZS Pharma.
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Sears Holdings' shares have fallen 7% in the past month and are down 45% over the past year. Among the major concerns about the company is its competition.
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Target management must believe that holiday season sales will not lift the prospects of all its stores equally. It will close 13 of them.
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Target has almost no footprint overseas. Management has a plan that it believes can make that shortcoming disappear.
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Wal-Mart's growth in both revenue and earnings has ended, and management can hold back the tide briefly, but only briefly.
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GameStop will add 28,000 holiday workers for 2015, evidence that its business model is thriving.
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It is too early to see if together all major retailers will add the 600,000 that would signal a season in which sales are flat.
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Macy's said Monday that the company plans to hire about 85,000 seasonal employees this year.
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Troubled Toys R Us continues to bleed. The company's management claims it has a brighter future, a position hard to defend, given its competition.
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The strength of retail sales in the fourth quarter of each year is a benchmark for how well the U.S. consumer economy is doing.
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Any troubled retailer has to have stores that do not make money. And at the top of that list are J.C. Penney and Sears.
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With Wal-Mart's thin margins, some of its stores probably lose money. At the bottom end of the Wal-Mart network, financially, some locations are not worth keeping open.
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ThinkstockAmid soaring corporate profits and stagnating worker wages in the past decade, growing numbers of low-wage workers are demanding higher pay. In the wake of intensifying debates over income...
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