News & Features - Target Corporate
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
Target tumbles 22% after its sales and earnings fall short ... - CBS News
Nov 20, 2024 · Shares of Target plunged $34.27 to $121.78 in Wednesday afternoon trading. The retail chain said its third-quarter sales rose 1.1% to $25.7 billion, while net income dropped 12% to $854 million...
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target may have reflected the financial circumstances and mood of U.S. consumers in …
Target sounds the alarm bell on holiday shopping - CNN
Nov 20, 2024 · Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry.
Which Target Stores are Closing? Full List & Shut Down Dates Due …
Sep 27, 2023 · Because of increased shoplifting, Target expects to lose a jaw-dropping $500 million this year. What has been said about the closures so far? Sadly, these stores which will be closing were ...
Target launches new paid membership program in ... - Associated Press News
Mar 5, 2024 · NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day shipping.
Target raises 2024 profit forecast as price cuts draw shoppers
Aug 21, 2024 · Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year, driven by price cuts that attracted more shoppers to its...
Target’s sales fell for the first time in 7 years | CNN Business
Mar 5, 2024 · Target, a barometer of the American consumer, said its sales last year fell for the first time since 2016. Now it’s predicting a sluggish 2024 as shoppers are weighed down by higher prices and a...
Target Falls Below Expectations After Dockworker Strike
Nov 20, 2024 · Target's 2024 third-quarter profit is down from $971 million ($2.10 per share) seen in the third quarter of 2023. Meanwhile, sales climbed to $25.67 billion, which is up from $25.4 billion last year.