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“Target slashing prices, warns of plummeting shares” Target has a boatload of merchandise it can’t sell, the company said on Tuesday. Just three weeks after reporting disappointing first quarter earnings, the big box retailer warned investors that its profits would drop for the rest of the year as it slashes prices on a variety of…
“Target, Dollar Tree stop selling glue traps for rodents” Target and Dollar Tree have quietly stopped selling glue traps for rodents, which animal-rights activists have long condemned as unnecessarily cruel, The Post has learned. The two mega-retailers, which together operate more than 17,000 stores across the US, are following other major retailers in dropping the…
“Expert shopper shows how to use Target bags effectively” For shopping fans, there’s nothing quite like perusing through the aisles of Target, however, a major haul doesn’t make for easy transportation. Thankfully, there’s a simple solution built right into Target bags that makes shopping hassle-free. A Target superfan named Jamie shared her genius trick to…
“Dow drops 1,000 points after Target reports weak earnings” The Dow plunged by more than 1,100 points, suffering it worst day since 2020, as big retailers reported their profits are getting crushed by inflationary pressures. The S&P 500 fell by 4% on Wednesday and the Nasdaq shed nearly 5% as investors reacted to a weak…
“Target shares headed for worst day since crash of 1987” Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe selloff since the Black Monday market crash of 1987. Profits for major retailers has come under pressure from both surging inflation and stubborn clogs…
“Clorox, P&G, Kraft boost defenses against generic brands” The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals like Walmart’s Great Value products as shoppers’ budgets start to show signs of strain due to persistent inflation. Executives at Clorox said they have seen private-label rivals make…
“Florida Target shooting kills one person, injures three others in Kissimmee” A man was killed and three people were injured after a police-involved shooting outside a Target in Florida on Wednesday night, according to local reports. Two Osceola County deputies opened fire in the shooting near the Kissimmee big box store, Osceola County Sheriff Marcos…
“NYC Target eyed by shoplifters, but store slow to call NYPD” Thieves are targeting an Upper West Side store — but an NYPD official said the retailer doesn’t seem to care. The Target at Columbus Avenue and 98th Street was the location for a quarter of all shoplifting complaints — 69 of the 272 —…
“Target testing first net-zero emissions store in California” VISTA, Calif. – Target has announced its most sustainable store to date that will generate more renewable energy than it will need annually and will test other innovations to reduce the building’s emissions. The initiative at the Vista, California, store is part of the company’s Target Forward effort to achieve net-zero greenhouse…
“#Target CEO predicts inflation will limit driving, shopping” American consumers are likely to dial back on trips to stores and restaurants this year as soaring inflation makes shopping more expensive, according to Target CEO Brian Cornell. Cornell addressed the retail landscape during a Sunday appearance at a National Retail Federation event. He noted the rising…