Target Corp. Archives - Just Food
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Target Corp.

Comment: Wal-Mart fails to capitalise on Target weakness

Comment: Wal-Mart fails to capitalise on Target weakness

News Wal-Mart has lowered its full-year earnings forecast reflects more than the drag of store closures as it adjusts its international portfolio. The US retail giant is struggling to grow its top-line at home and lower fourth-quarter comparable domestic sales suggest it failed to capitalise on the data breach scandal that hit key competitor Target Corp., Katy Askew suggests.

US: Target lowers Q4 guidance amid data breach

Target Corp has warned of larger losses than expected in its fourth-quarter as it revealed a data breach in December may now have affected 70m customers. In a trading update,…

US: Target trims FY outlook as earnings slide

US retailer Target Corp. has trimmed its full-year earnings forecast after revealing a drop in third-quarter profits and slower-than-expected sales growth. In the three months ended 2 November, earnings dropped…

US: Canadian costs hit Target profits

US retailer Target Corp. has booked lower half-year profits on the back the cost of entering Canada, while competition in that market has also affected margins. Target also said it…

US: Lindt launches Hello brand in US

Lindt & Sprungli is rolling out its premium Hello chocolate collection in the US. The line will be available exclusively at Target Corp. stores, with select products also available at…