|Bid||58.35 x 400|
|Ask||58.36 x 200|
|Day's Range||58.00 - 59.15|
|52 Week Range||48.56 - 79.33|
|PE Ratio (TTM)||11.80|
|Dividend & Yield||2.48 (4.18%)|
|1y Target Est||N/A|
Target Corp. is rolling out locator technology on its smartphone app to help customers find items in its stores. The technology, which is built around in-store Bluetooth links that connect with smartphone receivers, shows a user’s location on a store map as they move through the aisles. “It’s a bit like driving your car with GPS," Target's Chief Digital and Information Officer Mike McNamara said in a company video.
With Amazon now looming as an increasingly major threat in the grocery sector, competitors such as Target are rushing to do what they can to stay in the game. Toward that end, Target said today it is rolling out the Target Restock program in Chicago and six other United States markets starting today. The program — which was tested in Minneapolis, Denver and Dallas this summer — allows customers to order online a grocery cart (about 45 pounds) of essentials ranging from paper towels to cereal and personal care items by 2 p.m. and then arrange to have them delivered the next day for a flat rate of $4.99.
Target Corp. said Thursday that its Target Restock offering is expanding to eight new markets: Atlanta, Chicago, New York, Philadelphia, Los Angeles, St. Louis, San Francisco, and the Washington D.C./Baltimore ...