Target Corp
With Black Friday deals and flashy displays, retailers try to convince reluctant shoppers to spend
Target hosted a free “Winter Wonderland” event in New York City to show off the holiday season’s hottest toys. It’s an example of the extra effort that retailers are putting in to motivate shoppers. Melissa Repko | CNBC NEW YORK CITY — On a recent weekend in downtown Manhattan, a long line of families with […]
Read More
Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
A person walks past a sales advertisement at Saks Off 5th Department Store ahead of the Thanksgiving holiday sales in Washington, DC, November 21, 2023. Saul Loeb | AFP | Getty Images There’s a dark cloud hanging over Black Friday. A slew of retailers have issued tepid, cautious or downright disappointing fourth-quarter outlooks over the […]
Read More
This key aspect of ESG investing could drive actual adjust at corporations and raise returns
A pedestrian passes a Wall Avenue subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money professionals betting on a sustained world-wide rebound will be left sorely upset in the next 50 % of this crushing yr as a protracted bear market looms, even if inflation […]
Read More
Black Friday came early this year, signaling worries about holiday demand
Barbie dolls (R) are displayed for sale ahead of Black Friday at a Walmart Supercenter on November 14, 2023 in Burbank, California. Mario Tama | Getty Images News | Getty Images Early Black Friday discounts were far higher this October compared to prior years, signaling retailers are concerned that demand could be tepid during the […]
Read More
Deflation could be coming this holiday season, Walmart CEO says
Shoppers may get an early present this holiday season: falling prices in many gift-giving categories. On Thursday, Walmart CEO Doug McMillon said deflation could be coming as general merchandise and key grocery items, such as eggs, chicken and seafood get cheaper. He said the retailer expects some of the stickier higher prices, such as the […]
Read More
Walmart will report earnings before the bell. Here’s what to expect
Walmart store with gardening products for sale in Atchison, Kansas. Ucg | Universal Images Group | Getty Images Walmart will report quarterly earnings Thursday as the discounter generally outperforms its rivals. Here’s what Wall Street expects from the retailer, according to consensus estimates from LSEG, formerly known as Refinitiv: Earnings per share: $1.52 expected Revenue: […]
Read More
Target’s new favorite buzzword is ‘value’
A customer shops the holiday section at a Target store in Clifton, N.J. Adam Jeffery | CNBC Target‘s goal this holiday season: Be more like Walmart. The retailer’s leaders said customers will see thousands of gift ideas under $25, store displays that highlight affordability and low-priced Thanksgiving ingredients. But the discounter will do it with […]
Read More
Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise
As Target tries to fight theft at its stores, it has left customers frustrated to find many everyday items locked up. Still, the retailer’s CEO Brian Cornell claimed many shoppers are actually grateful to see their body wash, toothpaste and deodorant behind a glass panel. On a media call with reporters discussing Target’s third-quarter earnings, […]
Read More
TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals
A Marshalls store in New York Scott Mlyn | CNBC TJX Companies on Wednesday raised its full-year guidance and said it expects a strong holiday season after inflation-weary consumers drove another quarter of sales gains. The off-price giant, which runs T.J. Maxx, Marshall’s and HomeGoods, beat Wall Street’s estimates on the top and bottom lines […]
Read More
Target will report earnings before the bell. Here’s what to expect
A Target department store in North Miami Beach, Florida, on May 17, 2023. Joe Raedle | Getty Images Target will report fiscal third-quarter earnings on Wednesday, as the company tries to claw its way back from a string of disappointing results and high-profile setbacks. Investors will listen for any signs that the retailer’s sales are […]
Read More