Target Corporation
TGT
NYSE
Last Updated: 9/28/2023 8:02:13 PM
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About Target Corporation
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.Target Corporation Company Details
CEO: Mr. Brian C. Cornell
Country: US
Industry: Discount Stores
Website: https://corporate.target.com
Exchange: New York Stock Exchange
IPO\Launch Date: 1973-02-21
Target Corporation Company Executive Details
Ms. A. Christina Hennington
Executive Vice President & Chief Growth Officer
Mr. Brett R. Craig
Executive Vice President & Chief Information Officer
Mr. John J. Mulligan
Executive Vice President & Chief Operating Officer
Mr. Matthew A. Liegel
Senior Vice President, Chief Accounting Officer & Controller
Mr. John Hulbert
Vice President of Investor Relations
Target Corporation Latest News
How Target's $1 billion crime losses could crash TGT stock
Over the last few quarters, retailers have called out shrink as one of the main reasons for a drain on profits and mostly blamed theft for those losses. Shrink is what inventory losses are called in the retail industry, accounted for by the costs of items that left a store or warehouse without being paid for.
Published on: 2023-09-28 12:38:03
Impact on Symbol / Company: TGT
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VinFast Auto EV sales falling far short of 2023 target
VinFast Auto Ltd (NASDAQ:VFS)'s plans to deliver 40,000 to 50,000 electric vehicles (EV) in 2023 looks to be in jeopardy as the Vietnamese EV maker has reached just 23% of that target thus far this year. The company revealed that it delivered only 11,315 vehicles in the first half of 2023, of which 7,100 were sold to Vietnamese taxi company Green and Smart Mobility that is controlled by its parent firm Vingroup.
Published on: 2023-09-28 12:31:16
Impact on Symbol / Company: TGT
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As Target, Best Buy and Walmart sales loom, foot traffic data indicates pent-up demand
Foot-traffic data points to pent-up demand ahead of October sales at Target Corp., Best Buy Co. Inc. and Walmart Inc., according to analytics company Placer.ai.
Published on: 2023-09-28 10:17:00
Impact on Symbol / Company: TGT
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Business community speaks out after Target blames crime for store closures
Business leaders are expressing alarm after Target became the latest retailer to blame crime for pulling the plug on stores.
Published on: 2023-09-28 08:54:40
Impact on Symbol / Company: TGT
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Down 27% to 58%, These Monster Dividend Stocks Could Be Picking Up Steam
Target's dividend yield has expanded to 3.9% as the stock has drifted lower. Home Depot is facing slower demand as the housing market has taken a breather.
Published on: 2023-09-28 08:15:00
Impact on Symbol / Company: TGT
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Target (TGT) Plans to Close Nine Stores & Boost Store Security
Target (TGT) plans to close nine stores in four states owing to increased theft and organized retail crimes. It continues to invest in securing the safety of its stores and workers.
Published on: 2023-09-28 05:16:04
Impact on Symbol / Company: TGT
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VinFast aims to sell up to 50,000 EVs in 2023 — but it has only hit 23% of its target so far
Vietnamese electric vehicle maker VinFast's ambitious plan to sell as many as 50,000 vehicles this year is "unrealistic," according to one analyst.
Published on: 2023-09-28 03:03:02
Impact on Symbol / Company: TGT
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Ticking Time Bombs: 3 E-Commerce Stocks to Dump Before the Damage Is Done
Inflation has been a recurring theme of the economy, but it's gotten extra hot in recent years. Reckless money printing is the primary catalyst for higher prices and higher interest rates, and the return of student loan payments doesn't make matters any better.
Published on: 2023-09-27 18:46:31
Impact on Symbol / Company: TGT
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Target's NYC store closure should be ‘wakeup call' — as plans for nearby outpost delayed: sources
Target's decision to shutter its first Manhattan location amid rampant shoplifting should serve as a "wakeup call to city officials," an industry expert said.
Published on: 2023-09-27 17:47:24
Impact on Symbol / Company: TGT
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Tesla's stock price target gets cut by Deutsche Bank as the EV maker faces 'considerable downside risk' to 2024 earnings
Deutsche Bank cut its 12-month Tesla's stock price target on Wednesday. The bank's analysts warned that the EV maker faces headwinds to earnings growth in 2024.
Published on: 2023-09-27 15:24:55
Impact on Symbol / Company: TGT
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Target citing crime for closing stores shows retailers are fighting an uphill battle
Target's decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations is the latest signal that retailers may be struggling in their battle to contain a growing and dangerous problem.
Published on: 2023-09-27 14:41:37
Impact on Symbol / Company: TGT
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Government shutdown concerns grow, Target closes stores amid thefts: September 27, 2023
Goldman Sachs is putting the odds of a government shutdown at about 90 percent. Target (TGT) is closing nine stores due to rising retail crime.
Published on: 2023-09-27 10:43:23
Impact on Symbol / Company: TGT
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