New Target Membership Plan Will Offer Free Same-Day Delivery
Target Corp. is launching a new paid membership program, moving to catch up with rivals whose own subscription plans are well established.
Target Sales Ebb on Inflation, Pride Month Shopper Backlash
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.
Target Stands By Its Annual Outlook
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.
Target Tempers Strong Q4 With Cautious Forecast
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.
Target to Invest $100 Million in Sorting Centers for Order Deliveries
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.
Walmart, Target Begin Holiday Early to Ease Inflation Sting
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.
Target Takes a Hit After Heavy Discounts to Clear Inventory
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.
Target to Open Hubs in Chicago, Denver
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.
Target Plummets Most Since 1987 as Inflation Saps Margins
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.
Walmart, Target Unveil Own Versions of Amazon Prime Day
Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.