by Mike Duff | May 22, 2024 | Retail Articles
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
by Mike Duff | Mar 6, 2024 | Retail Articles
Target announced at its financial community meeting this week updates to its loyalty program and own-brand assortment. The own-brand move follows the launch of the Dealworthy everyday essentials label. Meanwhile, as initially discussed at the financial community...
by Mike Duff | Mar 5, 2024 | Featured News, Retail Articles
Fourth-quarter results signal gains ahead for Target, despite lower-than-expected sales for the period, Target Chairman and CEO Brian Cornell told participants in the company’s annual investment community event. Net earnings for the 14-week fourth quarter were $1.38...
by Mike Duff | Jan 18, 2024 | Retail Articles
In an executive suite shakeup, Target Corp. announced that Michael Fiddelke is shifting from the CFO to the COO role and that the company is making changes in its merchandising and legal leadership. Target, in what it characterized as recognition of the size, scale...
by Mike Duff | Nov 15, 2023 | Featured News, Retail Articles
Although revenues slipped from a year earlier, Target posted a significant gain in third-quarter profits and will tackle sales going forward, including efforts to drive holiday gains with sharp prices on gifts and promoting them conspicuously. Net earnings for...