by Mike Duff | May 18, 2022 | Featured News, Retail Articles
Inflation, changing consumer preference and supply chain issues pressured Target’s first-quarter earnings even as comparable sales gained and overall revenues did better than Wall Street anticipated. Net earnings were $1.01 billion in the quarter, or $2.16 per...
by Mike Duff | May 5, 2022 | Retail Articles
In what the retailer characterized as a reorganization that would help it differentiate the customer experience, Target Corp. announced changes to its leadership team, including appointing Cara Sylvester executive vice president and chief guest experience officer to a...
by Mike Duff | Mar 1, 2022 | Retail Articles
The fourth quarter saw Target Corp. post earnings that beat a Wall Street estimate although revenues fell short despite strong comparable sales. For the quarter, net earnings were $1.54 billion, or $3.21 per diluted share, versus, $1.38 billion, or $2.73 per diluted...
by Mike Duff | Dec 13, 2021 | Featured News, Retail Articles
In a letter to Congressional leadership, 20 CEOs of leading retailers expressed urgent concern over the growing impact of organized retail crime on retail employees and communities across the United States, according to a statement from the Retail Industry Leaders...
by Mike Duff | Nov 17, 2021 | Featured News, Retail Articles
After beating Wall Street estimates on sales and earnings, Target Corp. stated in a conference call that, despite inflationary pressures and supply chain bottlenecks, the company is prepared for the upcoming holiday season with a solid inventory position. The company...