Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024Target News Updates
Value-Seekers Drove 2024's Retail Trends and Dead Ends
New Target Membership Plan Will Offer Free Same-Day Delivery
Target Corp. is launching a new paid membership program, moving to catch up with rivals whose own subscription plans are well established.
March 5, 2024Target Sales Ebb on Inflation, Pride Month Shopper Backlash
NEW YORK Targets second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
August 16, 2023Target Stands By Its Annual Outlook
Target Corp. stood by its annual outlook after posting higher-than-expected profit in the first quarter, even as softening sales trends threaten to crimp short-term results.
May 17, 2023Target Tempers Strong Q4 With Cautious Forecast
Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.
February 28, 2023Target to Invest $100 Million in Sorting Centers for Order Deliveries
MINNEAPOLIS The next Target online order that ends up at your door might come from a new type of shipping facility aimed at making deliveries cheaper and faster.
February 22, 2023Walmart, Target Begin Holiday Early to Ease Inflation Sting
NEW YORK Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping.
September 22, 2022Target Takes a Hit After Heavy Discounts to Clear Inventory
NEW YORK Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clothing, home goods and electronics.
August 17, 2022Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year two in greater Chicago and one in the Denver area to further its strategy of using stores to handle online orders.
July 25, 2022Target Plummets Most Since 1987 as Inflation Saps Margins
Target Corp. plunged the most since 1987s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.
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