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Tag Archive: target

May
20

Target CEO Leaves the Building

Originally published May 5th 2014 Target (TGT) announced its CEO will head for the exit after 35 years with the company. The reality is someone’s head had to roll for the company’s less-than-stellar handling of a data breach during the all-important holiday season. But the delayed and poor response to the customer data breach was just …

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Mar
05

ANF/TGT: Guidance Reality Check

published feb 26 Today, Target (TGT) and Abercrombie & Fitch (ANF) reported earnings that fell into the “could have been worse” category. That was enough to send both stocks rallying in the high-single digits on a percentage basis. While both retailers issued guidance that was in the ballpark of the Street’s expectations, should we believe the guidance? …

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Jan
10

TGT: New Ailment but Don’t Forget Pre Existing Condition

published 12/30/2013 Oh, Tar-jay, you really have blundered this one. After the hacking incident that compromised 40 million Target (TGT) customers’ payment data, between Nov. 27 and Dec. 15, management took its sweet old time and waited till Dec. 20 before announcing it. To add a little salt to the wound, Target confirmed Friday that personal …

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May
07

Lauryn Hill Has to Pay Tax and So Do Internet Retailers

amzn

Just when you thought showrooming was here to stay, the Senate throws brick-and-mortar retailers a lifeline. For many physical retailers including Best Buy, a national Internet sales tax may signal the early arrival of Christmas. The potential collapse of the pricing advantage for online-only retailers may help brick-and-mortar models avoid a Circuit City fate. It …

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Apr
17

Retail Sales;Let the Blame Game Begin

Published 4/12/2013 March retail sales came in at a disappointing -0.4%, the slowest level in nine months. There are so many places to point a finger, it is hard to choose any one. Thursday, we were reminded (by the few retailers still reporting monthly sales) that the Easter calendar shift was one culprit. The holiday …

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