by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles
After experiencing an inventory glut as the year began, Target decided to quickly address the merchandise excess. Although it believes doing so positioned the company for better margins in the back end of the year, the determination pressured second-quarter...
by Mike Duff | Jun 21, 2022 | Featured News, Retail Articles
Although it lately has been more recognized for smaller urban locations in its store expansion initiatives, Target Corp. hasn’t given up on opportunistic expansion in larger retail developments. Mall operator Macerich has announced it will host a new Target store at...
by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles
As it revised financial guidance, Target Corp. announced it is acting to “right-size” its inventory for the balance of the year and create additional flexibility to focus on serving guests in a rapidly changing environment. Target stated that it intends to...
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...
