Target
Target reported a 3.7 percent increase in second quarter net earnings to $704 million, or $1.03 per share, beating the consensus projection of 97 cents per share among analysts.
With the changing economy, mega-retailer Walmart faces a price competition from higher -- and lower-priced stores A Walmart store. (ROBYN BECK/AFP/) JEREMY HOBSON: We'll get quarterly earning reports this morning from Target and Abercrombie and Fitch -- and maybe they'll say something that'll lighten the mood in the retail sector after Walmart said yesterday that its US sales were down for the 9th straight quarter. So what's the matter with the world's largest retailer? Here's Marketplace's Eve Troeh. Eve Troeh: Walmart has always sold itself as a low-price leader. And customers bought that, until the last few
The big relaunch of Target’s digital platform isn’t due until later this fall, but that didn’t deter the company from offering plenty of ways to interact electronically with the brand for back-to-school shopping.
InterACT! Virtual Conference & Expo, produced by Target Marketing and Printing Impressions, proudly announces the opening keynote titled Get Bold! Creating a Social Business Agenda, to be presented by Sandy Carter, vice president, social business evangelism and sales at IBM Corporation.
New York City -- Warehouse club operators Costco and BJ’s Wholesale Club continue to benefit from high fuel prices and bargain-seeking consumers, with both chain reporting solid results. Costco reported a 10% rise in same-store sales In July, beating Wall Street's expectations for an 8.6% increase. The company’s strongest performance was overseas, with international same-stores sales jumping 22%. Its U.S. sales increased 6%. Removing gas price inflation and stronger foreign currencies, same-store sales gained 5% for the month. Costco said that total revenue for the four weeks ended July 31 rose 15% to $6.74 billion. The warehouse club
Deep discounts and the warmest July weather in decades brought U.S. shoppers to malls, helping many retail chains report healthy monthly sales increases at established stores. July figures provide an early read on consumer demand in the U.S. economy at the start of the back-to-school season, the second-biggest selling period of the year after Christmas. Warehouse club Costco and teen apparel chain Hot Topic posted some of the biggest gains so far. Costco Wholesale Corp reported a 10 percent rise in total July sales at stores open at least a year, beating the analysts' average estimate of an
Think back to the last time you were in the market for a new printer, camera or sofa. If you used a search engine like Google or Bing, chances are you were served up a mess of things from videos to news results to images. That mess probably included ads that were pretty far off the mark.
Broader economic warning signs — including a persistently high unemployment rate — have yet to slow down the recovery in retail sales. As a result, demand for retail space continues to grow and new concepts, of which there were few to be found at the depths of the recession, have re-emerged.
Hasbro will unveil its exclusive My Little Pony retail program at U.S. Target stores July 31. The program features an out-of-aisle premium My Little Pony Canterlot space in the toy department. Inspired by "My Little Pony Friendship is Magic," the Hasbro Studios TV show airing on The Hub, products in the Canterlot section will include bedding, costumes, books, t-shirts, arts and crafts, activity sets and exclusive toys based on characters Princess Celestia, her sister Princess Luna and Twilight Sparkle. Canterlot at Target is a showcase example of how Hasbro reinvents our brands and works with retailers and licensees to
One of the biggest challenges for retailers today is obtaining customer loyalty. How do you retain the customers you already have, while at the same time attracting new ones? Gone are the days when retailers exclusively owned a person’s loyalty. In today’s competitive environment most retailers and brands are actively trying to figure out ways to grab that customer and divert their attention away from the competitive landscape.