Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month.
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Target’s Net Income Jumps Over 40% as Customer Spending Improves
Target’s stock surged after reporting a 3% sales increase for its fiscal second quarter and exceeding earnings expectations.
Target to Stop Taking Personal Checks for Payment Starting Next Week — Here's Why
Target will stop accepting personal checks as payment starting next week. Target will stop accepting personal checks as payment starting next week due to their declining popularity in recent years.
Target Introduces Stricter Rules to Tackle Retail Theft, Lowers Threshold for Employee Intervention
Target has adjusted its theft prevention strategy by lowering the threshold for when employees can intervene to stop shoplifters, aiming to enhance safety and minimize financial losses attributed to retail theft.
Target Joins Forces With Shopify to Expand Its Online Marketplace
Target is partnering with Shopify to expand its third-party marketplace platform to better compete with Walmart and Amazon.
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Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.
The program called Target Circle 360 is priced at $99 per year, with early sign-up discounts, offering perks like free same-day delivery for orders over $35.
Target CEO Brian Cornell has asserted that customers are expressing unexpected gratitude for the retail giant's unconventional strategy of locking up everyday merchandise.
Retail giant Home Depot offers a ray of hope to investors and consumers by asserting that the worst inflationary storm is behind us despite declining sales.
The RF had already received a recommendation of hold. The average target price for a year is now $11.44
Tesla announced parts shortage as the factor that caused the company to miss its initial sales target for the first quarter of 2016. The company, however, retains its guideline for the full year as it already solved the root of the problem accordingly.
Wendy's, the famous fast-food chain is the latest victim of credit card data breach. The company's banking sources detected unusual patterns on customer credit cards right after they were used at a Wendy's outlet, and informed the company right-away. It immediately hired a cybersecurity firm to investigate the fraudulent activities that seem to have been tracked to Midwest and, lately, the East Coast. The investigation is currently ongoing and Wendy's did not provide any clear information on the findings.
Walmart and Macy’s have announced shutting hundreds of stores on Friday and thus lingers the list with other retailing giants like Sears and Target. Surprising growth of ecommerce has reduced growth of the departmental stores and shopping malls. With the announcement of the World’s largest retailer, traditional stores have been started to witness the blink of extinction.
The prospect of the retail will be unveiled during this festive season. Target is all set to launch a retail store that will comprise partly a pop art display and partly a magical toy store. This initiative is said to be located in the Downtown Manhattan.
