61.76 0.00 (0.00%)
After hours: 4:57PM EDT
|Bid||61.71 x 100|
|Ask||61.74 x 600|
|Day's Range||60.54 - 61.80|
|52 Week Range||48.56 - 79.33|
|PE Ratio (TTM)||12.48|
|Forward Dividend & Yield||2.48 (4.20%)|
|1y Target Est||N/A|
Walmart is close to a deal to partner with Lord & Taylor, according to the Wall Street Journal. If it goes through, the department store would be able to sell items on Walmart.com. Yahoo Finance’s Alexis Christoforous, Ethan Wolff-Mann and Dan Roberts figure out if this is a smart business strategy.
The retailer said it will be remodeling a total of about 1,000 of its 1,800 stores over the coming three years. Target executives initially said that the company would be revamping about 600 stores by 2019, amounting to one-third of its locations. The retailer than added that it would be remodeling another 325 stores or so, plus it has already complete the initial 70 or so remodels this year, according to CEO Brian Cornell.
While many other retailers keep shrinking their brick-and-mortar footprints, Target (NYSE: TGT) keeps going in the other direction. The chain has been adding new stores and remodeling some existing locations ...
Some 40,000 pedestrians pass through New York City's Herald Square daily. Now, Target is counting on its reputation for style and price to lure them in with its brand-new store.
Target Corp. said it would expand plans to remodel its existing supercenters and open smaller stores in cities, as the retailer seeks to win back shoppers in the competitive retail environment.
It's one of three small format stores opening in and or near New York City, and one of 12 Target stores opening nationwide this week.
There have been some negative reactions. One man "screamed repeatedly while shaking his head."
Target’s new Herald Square store in the Big Apple is one of its 50 smaller units, with 300 planned by 2019. The retailer is remodeling 1,000 stores by 2020, up from plans to revamp 600.
Target sees its new smaller stores in mainly urban areas as a symbol of its future, hoping that shoppers will step away from online buying for trips to stores tailored to the neighborhood. The two-level ...
Target Corporation at first considered buying Casper Sleep, but backed off and opted for a minority partnership and a plan selling the bedding products in Target stores.