Big box retailer Target, much like Walmart, is suffering big blows from high costs and inventory issues. The company saw its shares sink 25% on Wednesday to a new 52-week low after the company said its quarterly profits for Q1 got hit by supply chain troubles, higher fuel costs and lower than expected sales of … Continue reading “Shares of Target Plummet as Company Announces High Costs and Inventory Problems Hitting Profits”
Tag: target
Virginia Store Target Employees File for Union Election
Amid a broader labor push happening at big companies like Amazon and Starbucks, Target is…
May 11, 2022
Hot Stocks
Target Will Test New Curbside Options for Returns and Starbucks Pickups
Retail giant Target will be doing something that may elate customers. Starting this fall at…
February 23, 2022
Featured
Target Shares Fall Despite Company Beating on Earnings Estimates
Shares of Target were falling on Wednesday after reporting fiscal third quarter financial results that…
November 17, 2021
Hot Stocks
Target to Offer Employees an Extra $2 an Hour Who Work Peak Days During Holiday Season
Big box retailer Target has laid on a great incentive for its employees to continue…
October 5, 2021
Company News
Target Will Now Pay 100% of College Tuition and Textbooks for Employees
In a bid to attract more workers, retail giant Target has laid out a very…
August 4, 2021
Hot Stocks
Chipotle, Shopify, and Target Are Using TikTok to Find New Employees
Companies are struggling to find employees after a long pandemic year. Chipotle, Target and Shopify…
July 21, 2021
Featured
These are Some of the Retailers Easing Mask Mandates After the CDC Update
The Centers for Disease Control and Prevention announced last week that fully vaccinated people would…
May 18, 2021
This is Why Target Shares Plummeted Today
Big box retailer Target saw its shares take a nose dive on Tuesday after the…
March 2, 2021
Company News
Target’s Activewear Brand Makes $1B in Sales
All in Motion, Target's activewear line, has made $1 billion in sales annually. The brand…
February 9, 2021
Hot Stocks
A New Line of Special Barbie Dolls to Hit Shelves Ahead of the Holidays from Mattel
Toy maker Mattel has launched a new line of Barbie dolls this week that will…
November 17, 2020
Company News
Target Sees Profits Jump 80% in Blow Out Second Quarter
Big box retailer Target reported second quarter financial results this week revealing profits that jumped…
August 21, 2020
Target Beats Q1 Expectations with Strong E-commerce Growth
This week big-box retailer Target beat first-quarter earnings and revenue expectations with help from its…
May 22, 2020
Coronavirus Helps Curbside Pickup at Retail Stores Explode
With the coronavirus pandemic, many people are opting for curbside pick up to pick up…
April 27, 2020