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   Retail Stocks Set The Stage For Strong 2021, And Maybe This Leveraged ETF  2021/03/29 12:23:35 Benzinga
If the past year has illustrated anything about the U.S. economy, it’s that most Americans are still willing and eager to spend their money on necessary or luxury items, even in times of great uncertainty and stress. According to consumer spending data from the U.S. Bureau of Economic Analysis, personal consumer outlays on goods and services dipped substantially in the second quarter of 2020 as the COVID-19 pandemic shook the world, only to recover to about 2019 levels in the second half of the year. While initial spending data from 2021 has been mixed, with strong January sales mitigated by a pullback in February, analysts remain optimistic consumers will continue to spend as they look forward to a gradual reopening of the economy and continue to work through the two stimulus checks many received in the past three months. This is not, of course, a wholesale indication of the strength of the economy. It is, however, a signal that the retail sector is well situated for a potentially record-setting year as consumers return to some semblance of normalcy with the confidence that a few hundred dollars tend to instill in most people.
   Analyst Perspective: Walmart Vs. Target Vs. Amazon In Grocery Wars  2021/03/20 12:32:19 Benzinga
What happens when two of the largest U.S. retailers take on the behemoth of the e-commerce universe in a battle for American grocery shoppers, with investors placing their bets on the sidelines? According to a new Bank of America Securities report, the three-way showdown between Walmart (NYSE: WMT ), Target Corporation (NYSE: TGT ) and Amazon.com, Inc. (NASDAQ: AMZN ) offers a distinctive view into pandemic-era retailing and the challenges that will arise when the health crisis is finally in the rearview mirror. Market Shares: The report acknowledged Amazon's dominance in e-commerce, with a 44% share of the U.S. market. Trailing far behind are Walmart with a 7% share and Target at 2%. Looking forward this year, BofA estimated Amazon's share will expand to 47% in 2021, with Walmart growing to 8% and Target to 3%. In the grocery sector, Walmart has roughly one-quarter of the total market share, which has solidified over the past 12 months via its contactless fulfillments. However, Amazon has been trying to make inroads over the past two years and its efforts look like they are beginning to pay off. "We expect AMZN to continue investing in the space as it looks to drive greater frequency/customer stickiness, …
   Medtronic (MDT) Gets FDA Nod for Revised Neuromodulation Labeling | Investing.com  2021/03/18 15:20:06 Investing.com
Stocks Analysis by Zacks Investment Research covering: Hologic Inc, Medtronic PLC, Target Corporation, Abbott Laboratories. Read Zacks Investment Research's latest article on Investing.com
   Will Target's New Private-Label Grocery Brand Be A Hit?  2021/03/09 22:42:18 Benzinga
Target Corporation (NYSE: TGT ) has announced the launch of Favorite Day, a new private-label grocery brand. What Happened: Favorite Day will feature more than 700 products divided between two lines: Favorite Day Bakery, offering baked goods including cupcakes and breads, and Favorite Day Gourmet, a collection ice cream, sweets and snacks. The Favorite Day products will arrive in stores and online on April 5. This is Target’s second private … Full story available on Benzinga.com
   In The Future, Every Company Will Be A Financial Services Company  2021/03/09 14:26:50 Benzinga
The idea of non-banks encroaching into financial services is not new. Beginning in the 20th century, many consumer-facing companies created divisions to offer financial services to customers—mostly in the form of lending. Ally Financial was founded as the General Motors Acceptance Corporation by General Motors Company (NYSE: GM ) in 1919 to provide car loans. GE Capital, the financial services arm of General Electric Company (NYSE: GE ), was founded in the 1930s to provide commercial lending and leasing, as well as a range of other financial services. Eventually, companies like Target Corporation (NYSE: TGT ) expanded into credit services (creating the Target National Bank in the 1980s) and Walmart famously tried and failed to start its own bank in the 2000s. In 2003, Alibaba Founder Jack Ma launched Alipay for the sole purpose of helping Alibaba Group Holding (NYSE: BABA ) sellers and customers send and receive payments online. Perhaps these were all signs. Over the last two decades, but especially in the last couple of years, the steady drip of non-banks offering banking-like services has evolved into an all-out flood—with tech companies leading the wave.
   Why Karen Finerman Is A Buyer Of Walmart And Target  2021/03/04 13:33:14 Benzinga
Karen Finerman said on CNBC's "Fast Money" she stepped in both Walmart Inc (NYSE: WMT ) and Target Corporation (NYSE: TGT ). They're trading at about the market multiple and the disappointment about them spending capital on their business doesn't make sense to her because both companies have proven to be good stewards of capital. Their return on invested capital has been good, … Full story available on Benzinga.com
   Target Hits The Bull's Eye With Q4 Earnings Results  2021/03/03 16:12:21 Benzinga
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. Earnings topped estimates as sales rose 21%, boosted by a surge of post-holiday shoppers that cashed in stimulus checks during an unusually strong period for the industry as a government report revealed sales increased 5.3% in January. As of Monday's close, Target shares have risen nearly 81% over the past year, bringing the company's market value to $93.19 billion. Q4 For the fiscal fourth-quarter ending on January 30 th , revenue rose 21% to $28.34 billion from $23.4 billion last year, higher than analysts' expectations of $27.48 billion. Comparable sales, a key metric that tracks sales at stores open at least 13 months and online, went up 20.5% c ompared to the prior year as digital comparable sales rose by 118% YoY.
   Larangan Masker Dicabut, Toyota dan GM Prokes Tetap Berlaku  2021/03/03 10:24:45 Republika.co.id
REPUBLIKA.CO.ID, TEXAS--Tak mau ambil resiko, Karyawan di General Motors, Toyota Motor, Target Corp, dan Macy's Inc di Texas akan tetap menggunakan masker di tempat kerja, meskipun negara bagian AS…
   Target Corp (TGT) Q4 2020 Earnings Call Transcript  2021/03/03 00:17:13 AlphaStreet
Target Corp (NYSE: TGT) Q4 2020 earnings call dated Mar. 02, 2021 Corporate Participants: John Hulbert — Vice President, Investor Relations Brian Cornell — Board Chairman and Chief Executive Officer Christina Hennington — Executive Vice President […] The post Target Corp (TGT) Q4 2020 Earnings Call Transcript first appeared on AlphaStreet .
   Target to spend US$4 billion a year to speed up delivery as pandemic spurs online gains  2021/03/02 18:35:25 Channel NewsAsia
Target Corp will invest US$4 billion annually over the next several years to open new stores and cut delivery times for online orders, hoping to cement gains made during the pandemic that helped more than double holiday quarter digital sales.
   Federal charges for three Twin Cities men in connection to arson at Target HQ - Alpha News  2020/12/11 18:02:51 Alpha News
Three Twin Cities men are facing federal charges for their role in the arson at Target Corporation headquarters in downtown Minneapolis.
   'Trading Nation' Traders Like Nike, Target And More  2020/12/04 12:35:43 Benzinga
On CNBC's "Trading Nation," Delano Saporu of New Street Advisors shared his stock picks in the current market environment. He likes Target Corporation (NYSE: TGT ) because it has some upside potential and it also provides some yield and cash flow to investors. Target's yield of 1.5% is at a lower end, but the company is managing to pay dividends … Full story available on Benzinga.com
   Amid pandemic, Black Friday takes new shape  2020/11/27 13:41:23 Economic Times India
NEW YORK: From Walmart Inc to Best Buy, retailers have overhauled Black Friday shopping, assigning clerks in orange vests to serve as traffic cops, taking shoppers' temperatures and offering "grab-and-go" merchandise, including toys, bikes and kitchen appliances to discourage lingering in store aisles. Most major retailers closed on Thanksgiving Day this year in a nod to the stress endured by their workers during a global health pandemic. Walmart opened stores at 5 a.m. on Friday, directing shoppers to turn right upon entering and proceed along main aisles to shop deals before paying at registers surrounded by plastic barriers. Best Buy opened at 5 a.m. and Target, which introduced contactless self-checkout and doubled the number of parking spots for its contactless "Drive Up" pick-up service this holiday season opened at 7 a.m. Traditionally, Black Friday, the day after Thanksgiving, has launched the holiday shopping season in the United States, with retailers offering steep discounts and turning a significant profit.
   Target's Cyber Week Features Largest-Ever Lineup of Digital Deals  2020/11/27 12:00:00 PR Newswire
MINNEAPOLIS, Nov. 27, 2020 /PRNewswire/ -- As Target Corporation (NYSE: TGT) wraps up its month-long "Black Friday Now" sale, the retailer today announced plans for Cyber Monday and its largest-ever Cyber Week event. Target's Cyber Week will kick off Sunday, Nov. 29, and run through…
   Global Supermarkets and Hypermarkets Market 2020-2027: Market to Reach US$7.4 Trillion - Key Players are Aldi, Carrefour Group, Target Corp, Tesco, & Wal-Mart - ResearchAndMarkets.com  2020/11/23 16:06:00 Business Wire
DUBLIN--(BUSINESS WIRE)--The "Supermarkets and Hypermarkets - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Supermarkets and Hypermarkets Market to Reach US$7.4 Trillion by the Year 2027 Amid the COVID-19 crisis, the global market for Supermarkets and Hypermarkets estimated at US$5.6 Trillion in the year 2020, is projected to reach a revised size of US$7.4 Trillion by 2027, growing at a CAGR of 4% over the period 2020-2027. Supermar

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