|Bid||60.360 x 200|
|Ask||60.390 x 200|
|Day's Range||60.110 - 60.540|
|52 Week Range||48.560 - 79.330|
|PE Ratio (TTM)||12.23|
|Dividend & Yield||2.48 (4.20%)|
|1y Target Est||N/A|
LOS ANGELES/NEW YORK (Reuters) - Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much Amazon.com's $13.7 billion purchase of Whole Foods will shake up the supermarket business. Shares in Kroger Co, the largest U.S. supermarket operator, have tumbled 40 percent from this year's highs on worries that the newly merged company will be quick to siphon business from traditional food sellers. Seventy-five percent of online shoppers said they rarely or never buy groceries online, according to the survey of nearly 8,600 adults from Aug. 12 to Sept. 1. Even among frequent online shoppers who make internet purchases at least weekly, almost 60 percent said they never buy groceries online or do so just a few times a year, according to the poll.
Target Corp. opened its newest small-format store in Minneapolis' Uptown neighborhood on Tuesday. The new store, focused on young professionals and families who live in the area, has a curated selection for Uptown residents: Home items aimed for smaller-space living, apparel (including Target's Goodfellow & Co, A New Day and Joy Lab brands), fresh produce, baby items and a small tech section. The Uptown Target won't offer the new curbside order pickup service, but it will have Target mobile in-store pickup.
Target Corp. said Tuesday it was voluntarily recalling 7,500 Room Essentials black leather pouf ottomans, made in China, for a choking hazard. There were no incidents of injuries reported. The ottomans ...
Kroger Co (NYSE:KR) has generally been a source of stable returns for investors. Kroger stock price was already feeling the pressure before the deal. In other words, is the company vulnerable to disruption?
“It’s all inside” at JC Penney Company Inc (NYSE:JCP), and for JCP stock investors that has been less than good news for a very long time. It has been an awful few years for JCP stock. The way consumers shop is largely owned by Amazon.com, Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc (NYSE:WMT) and Target Corporation (NYSE:TGT).
There is a chill in the air, and even though Halloween is several weeks away, Americans are starting to think about holiday shopping, as retailers complete their hiring plans.
Target’s price investment and higher costs associated with online orders are hurting its margins, which restricts the stock’s upside potential.
Target (TGT) announced that it's expanding its offering through Google Express nationwide. Shoppers will also be able to place voice-based orders.
Target's initiatives such as the development of omni-channel capacities, diversification and localization of assortments along with emphasis on flexible format stores bode well.
U.S. retail sales rebound sharply in September, after a pullback in the month of August, on sturdy auto sales and rising gasoline prices.
Americans increased their spending at retailers last month by the most in two and a half years, driven by strong auto sales as residents of hurricane-ravaged areas replaced destroyed cars. Retail sales ...
New Jersey is trying to entice Amazon to move in. Governor Chris Christie announced up to $7B in state and city tax incentives if the e-commerce giant builds its second headquarters in Newark. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer figure out if New Jersey can persuade Amazon.