target
Target, the US mammoth retailer, raised its fiscal 2024 earnings outlook on Wednesday and issued its third-quarter forecast after reporting second quarter earnings that beat market estimates. The company now projects annual comparable sales at lower half of outlook range. In pre-market activity on the NYSE, Target shares were climbing around 15.1% to trade at $164.88. For the third quarter, the Company expects earnings, on a reported and adjusted basis, of $2.10 to $2.40 per share with a 0% to 2% increase in its comparable sales. For fiscal 2024, Target now expects earnings, on a reported and ...
DPA Breaking News
Ever get accused of spending TOO much time shopping at Walmart or Target? A recent report has revealed how much time the average shopper spends wandering the aisles of some of the biggest names in retail. Average Time People Spend In Some Stores DecreasingIf you feel like you’re spending less time filling your cart in some stores, you’re not alone. According to research published by Placer.ai, some, but not all retail stores are seeing a decline in the amount of time shoppers are hanging around. Most notably, the report shows Walmart and Target as having a downturn in what it calls customers’ ...
The Boot
Sorry, fans of Target. The chain has just announced that it is going to stop accepting a certain form of payment this year. Scripps News reports that the stores will no longer be accepting personal checks as a form of payment. The transition away from personal checks began on July 15. A statement released by the company shared that the reason for the move away from personal checks is “extremely low volumes” of them being used anymore. Retail analyst at GlobalData Neil Saunders spoke to CNN about the transition. “It’s hardly surprising Target has decided to stop accepting them. That said, there...
The Boot
Sorry, fans of Target. The chain has just announced that it is going to stop accepting a certain form of payment this year. Scripps News reports that the stores will no longer be accepting personal checks as a form of payment. The transition away from personal checks began on July 15. A statement released by the company shared that the reason for the move away from personal checks is “extremely low volumes” of them being used anymore. Retail analyst at GlobalData Neil Saunders spoke to CNN about the transition. “It’s hardly surprising Target has decided to stop accepting them. That said, there...
PopCrush
Be prepared for yet another update made to the checkout process if you’re headed to Target in the coming days. Checkout Changes At TargetIt’s been a period of change for customers and employees when it comes to the checkout lane at Target. Shoppers initially saw Target join other retail stores in relying more heavily on self-checkout lanes. By the end of 2023, the chain reversed course and started to pullback from the self-checkout effort. READ MORE: Avoid Shopping At Target This Day Of The Week At All CostsInstead of shutting self-checkout lanes down, Target instituted a 10-item limit. The re...
The Boot
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