Target Corp.

In a recent development, several employees at Target Corp. have reportedly been let go for allegedly violating an unwritten rule that mandates a 15-minute waiting period before employees can purchase merchandise. What Happened: The unwritten rule requires that merchandise be available for customers...

Target Corporation (NYSE: TGT) is blaming inventory shrinkage, or organized theft, for the $400 million hit the retail giant took on its 2022 gross profit margin. "There's a handful of things that can drive shrink in our business and theft is certainly a key driver," Target CFO...

So much for “spillover.” Last week’s late recovery didn’t extend into Monday’s early hours, with overnight trading showing red. Caution, seen pretty clearly a week ago, appears to remain a factor, with bonds getting a slight lift and the 10-year Treasury yield slipping...

Some of its biggest peers such as Macy's Inc (NYSE: M) and Best Buy Co Inc (NYSE: BBY) came out with improved fourth-quarter sales and profit outlook as a tiny bit of normalcy begins to return to consumer spending, but now it's Target Corporation's (NYSE: TGT) turn in the spotlight....

Zoom Video Communications Inc (NASDAQ: ZM) will open the week on Monday after market close whereas big-box retailers highlight the week's other big releases, led by Target Corporation (NYSE: TGT) on Tuesday and Costco Wholesale Corporation (NYSE: COST) on Thursday. Zoom Video...

As a new month dawns it looks like investors are getting back to work in stocks. Worries about higher interest rates seem to be waning—for now, anyway—as the yield on the 10-year Treasury pulls back, allowing stocks to rally on vaccine and stimulus optimism.   The latest good...

Let’s take a minute to get ahead of what could move markets this week. First, interest rates: I think this week you’re going to be hearing a lot about rates, which continue to spike. The TYX reached just shy of 2.5%, and the TNX moved up and through 1.5%. In the past, we’ve...

After an icy February, March begins soon with hints of spring in the air. And hints of stimulus. Heading into the new month, focus turns to Capitol Hill, where Congress is expected to deliver another $1.9 trillion in stimulus (give or take a hundred billion) before the first regular season baseball...

Retail week keeps rolling along with a mixed shopping cart of earnings this morning. Despite that, stocks look ready to resume their rally thanks in part to more optimism surrounding vaccines and finally some good news for the country’s biggest airplane builder. Target Corporation (NYSE...

At least three law firms on Wednesday announced investigations into any possible federal securities law violations by Bed Bath & Beyond Inc.'s (NASDAQ: BBBY) management. What Happened The Law Offices of Frank R. Cruz, Howard G. Smith, and Gibbs Law Group all said that the home goods...

Gap Inc.'s (NYSE: GPS) shares surged in after-hours trading as the company announced it longer plans to make Old Navy a separate standalone company. What Happened "The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands," Gap's CEO...

Target Corporation (NYSE: TGT)’s recent pullback is more on the mark for Morgan Stanley, which upgraded the stock. The Analyst Morgan Stanley’s Simeon Gutman upgraded Target from Underweight to Equal-weight with a $67 price target. The Thesis Morgan Stanley sees less downside...

The question of the day is, can the win streak reach five? That might be a struggle, judging from how things look early on. All of that optimism about the China talks seems to be ebbing a little, and there’s no timetable for a next round. Meanwhile, In corporate news, shares of Macy’s...

If you ask eBay (NASDAQ: EBAY) CEO John Donahoe, the proposed Marketplace Fairness Act legislation is anything but. To make his point, he began emailing at least 40 million eBay users Sunday, according to Reuters. Brian Bieron, senior director of global public policy at eBay, said, "It's the...