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Target
Business

Target Sales Ebb on Inflation, Pride Month Shopper Backlash

Target store

NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.

Anne D’Innocenzio | Associated Press
August 16, 2023
Business

Target Stands By Its Annual Outlook

A Target store in Chicago

Target Corp. stood by its annual outlook after posting higher-than-expected profit in the first quarter, even as “softening sales trends” threaten to crimp short-term results.

Brendan Case | Bloomberg News
May 17, 2023
Business, Logistics

Target Tempers Strong Q4 With Cautious Forecast

Signage outside a Target store in Hyattsville, Md.

Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.

Brendan Case | Bloomberg News
February 28, 2023
Business, Logistics, TCA

Target to Invest $100 Million in Sorting Centers for Order Deliveries

Carts are brought into a Target store

MINNEAPOLIS — The next Target online order that ends up at your door might come from a new type of shipping facility aimed at making deliveries cheaper and faster.

Nicole Norfleet | Star Tribune
February 22, 2023
Business, Logistics

Walmart, Target Begin Holiday Early to Ease Inflation Sting

Target

NEW YORK — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping.

Anne D’Innocenzio | Associated Press
September 22, 2022
Business

Target Takes a Hit After Heavy Discounts to Clear Inventory

Image

NEW YORK — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics.

Anne D’Innocenzio | Associated Press
August 17, 2022
Business, Technology, Logistics

Target to Open Hubs in Chicago, Denver

Image

Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.

Brendan Case | Bloomberg News
July 25, 2022
Business

Target Plummets Most Since 1987 as Inflation Saps Margins

Image

Target Corp. plunged the most since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.

Brendan Case | Bloomberg News
May 18, 2022
Business, Technology, Logistics, TCA

Walmart, Target Unveil Own Versions of Amazon Prime Day

Image

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.

Deb Kiner | pennlive.com
June 8, 2021
Business, Technology, Logistics

Target Handles Q1 Surge in Digital Volume

Image

During its first-quarter earnings call May 20, Target Corp. said its stores helped fulfill an unexpected surge in online orders.

Roger Gilroy | Senior Reporter
May 26, 2020

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