|Bid||86.75 x 800|
|Ask||0.00 x 1000|
|Day's Range||87.06 - 88.65|
|52 Week Range||54.04 - 90.39|
|PE Ratio (TTM)||15.29|
|Earnings Date||Nov 13, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||2.56 (2.91%)|
|1y Target Est||89.06|
As wages grow and inflation remains tame, this could give the retail sector the boost investors have been waiting for. Names like Target (NYSE:TGT), TJX Companies (NYSE:TJX), Home Depot (NYSE:HD) and others have helped to push the SPDR Retail ETF (NYSEARCA:XRT) higher. As for the ETF, it’s move above $51 resistance was important, as this level has become a key level of support going into the all-important second half.
Target is among the hundreds of retailers and other companies pushing back against the new tariffs. U.S. Trade Representative Robert Lighthizer has received almost 6,200 comment letters on the tariffs so far. A coalition of roughly 300 retailers — including Kohl's, L.L. Bean, the Gap, Macy's and Under Armour — signed on to a letter strongly opposing the tariffs.
Walmart has the lead—but Target has some advantages, too, according to a Friday note from Cowen & Co. analyst Oliver Chen. “Both retailers have demonstrated strong abilities to creatively innovate and leverage their infrastructure to drive digital growth and compete versus Amazon,” Chen wrote. • Walmart’s priorities in the coming years, according to Chen, should include growing its grocery business, partnering with more brands, and offering free delivery for more items.
Target's (TGT) launch of same-day delivery of groceries, electronics, toys and other product assortments, in Central California, through Shipt, is likely to generate higher revenues.
Amazon’s Prime membership program has emerged as a very popular scheme that saw great levels of adoption among the online shoppers. It includes fast, free two-day shipping with flexible delivery options on over 100 million items including two-hour or one-hour delivery in select locations for household items, access to stream or download Prime media content covering thousands of popular songs, movies and TV shows, games and audio programs, shopping benefits and rewards including 5% back for members with Amazon Prime Rewards Visa Card, Alexa-assisted shopping, and early access to exclusive brands and deals, free subscription to thousands of top Kindle books and magazines, and early access to next month's new releases before the official publication date, and free, unlimited storage for photos.
Target Corp. regularly discounts product prices, but not all at once. But that's what it's doing this week, although you have to be a loyal shopper — and maybe a sharp-eyed one, too — to take advantage of it.
A look at the shareholders of Target Corporation (NYSE:TGT) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to seeRead More...
Amazon (NASDAQ:AMZN) got to a trillion dollar valuation because of its online services. Bloomberg shook the markets on Wednesday when it reported that Amazon is planning on opening 3,000 cashier-less AmazonGo convenience stores by 2021. To put that number in perspective, there are less than 10 AmazonGo stores open today, and convenience store giant 7-Eleven has less than 10,000 stores in the U.S.
Same-day delivery will also include beer and wine from participating Target stores. Shipt’s growth to the Central Coast gives close to two million households across the seven metro areas access to products delivered by Shipt in as little as one hour.
Store discounts, higher wages and drawings are some ways retailers hope to attract store associates to work over the holiday season.
North Korean Denculearization Continues to Tantalize While South Korean President Moon Jae-In has been working diligently to bridge the gaps between the two Koreas, US President Donald Trump seems to have thawed somewhat in his relationship with the world’s communist hermit since talks between Trump and Kim began. Trump is now saying that the US […] The post Market Morning: Korean Denuclearization, Ma Hates Trade War, Fox Comcast Battle Royale, Amazon Wants 3,000 Stores appeared first on Market Exclusive.