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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: Target

Target stories: 42 news summaries

21 - 40 of 42 Stories | << Prev 1 2 3 Next >>

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 Holiday Sales Surge 
 on Deep Discounts 

But retailers worry huge bargains may cut deeply into their profits

Dec 1, 08 7:19 AM CST
(Newser) - Desperate retailers received a jolt of good news this weekend as shoppers poured into stores and spent 7% more—an average $372.57 each—than they did a year ago, reports the New York Times. But Black Friday glee may be replaced with gloom as retailers tote up the slim... More »

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Target • holiday shopping • Black Friday • National Retail Federation • financial crisis

 Cash Makes a Comeback 

But cash isn't king for retailers, who'll likely see bigger drop in sales

Nov 24, 08 2:15 AM CST
(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be... More »

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consumer spending • credit card • Target • Wal-Mart • Great Depression • budgets • cash • consumers • J.C. Penney • CreditRatings.com

MARKETS

 Dow Off 223 on Japan, 
 Retail Woes 

Manufacturing rises, but it's likely a mirage

Nov 17, 08 3:15 PM CST
(Newser) - Stocks seesawed to losses today as investors absorbed bad retailer reports and news that Japan’s economy had entered a recession, MarketWatch reports. The Dow fell 223.73 to close at 8,273.58. The Nasdaq lost 34.80, closing at 1,482.05, while the S&P 500 shed... More »

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Japan • Dow Jones • recession • Nasdaq • manufacturing • Target • S&P 500 • manufacturing index • financial crisis

MARKET Open

 Stocks Drop on Citi,
 Retail Woes 


Nov 17, 08 8:49 AM CST
(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to... More »

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stock market • NASDAQ • Citigroup • Dow Jones • earnings reports • Lowe's • third quarter earnings • Target • S&P 500

Wal-Mart Launches $10 Toys, Stores Vow 'This 'R' War'

Rivals match Wal-Mart price cuts as retailers target cash-strapped shoppers

Oct 9, 08 5:39 AM CDT
(Newser) - Toy retailers have commenced a fierce price war as a particularly tough holiday season bears down upon them, the Wall Street Journal reports. Wal-Mart cut prices to $10 on key toys including Barbie and Hot Wheels last week, a move quickly mirrored by rivals KB Toys and Target. Toys 'R'... More »

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toys • price war • Toys 'R' Us • retail sales • Target • holiday shopping • Wal-Mart

 Reusable Bags: 
 A Tricky Shade 
 of Green  

Thicker plastic requires more energy to produce, decomposes slower

Sep 27, 08 5:54 AM CDT
(Newser) - Reusable shopping bags are this year's “it” giveaway, but they may not be as green as their feel-good slogans—like “Save the world” and "I used to be a plastic bag"—claim. The problem is that old habits die hard—many people simply forget to reuse... More »

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environment • Google • plastic bags • environmentalism • Target • green • Wal-Mart • retailers

 Mad Men Invades Your Closet 

Designers and labels copy, coordinate with hit show

Aug 5, 08 4:27 PM CDT
(Newser) - Mad Men isn’t just one of the best shows on TV—it’s also a fashion trendsetter, Advertising Age reports. Bloomingdale’s features Mad Men-themed displays and clothing, GQ recently published a 6-page spread with a cast member, and the show’s network has started a Target-sponsored fashion blog.... More »

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television • fashion • Target • GQ • Mad Men • Michael Kors • Bloomingdale's

 As Digital Gains,
 Album Sales
 Plunge 11% 

Music biz turmoil as CDs plummet

Jul 3, 08 6:35 AM CDT
(Newser) - CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the last 12 months and total... More »

MORE ABOUT:
music industry • Universal Music Group • CDs • EMI • digital music • Warner Music • Madonna • Target • Best Buy • Lil Wayne • Coldplay • Virgin Records • Usher • Mariah Carey • album sales • Nielsen SoundScan • Leona Lewis • Danity Kane • Lenny Kravitz • Jack Johnson

MARKETS

 Stocks Sink on Weak 
 Earnings, Soaring Oil 

Texas Instruments, UnitedHealth tumble, along with many others

Apr 22, 08 3:48 PM CDT
(Newser) - Stocks fell today as oil prices soared and the flow of disappointing earning reports continued. Texas Instruments and UnitedHealth were both hit hard. "We're likely to see stocks continuing to be under pressure," one researcher told Bloomberg. The Dow was down 104.79 to 12,720.23, the... More »

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stock market • Texas Instruments • Target • UnitedHealth

 March Retail Sales Fall Flat 

Easter partly to blame as chains fall short of expectations

Apr 10, 08 11:29 AM CDT
(Newser) - Retailers’ same-store sales were flat in March, due in part to an early Easter, the Wall Street Journal reports. The Thomson Financial Same Store Sales Index, projected to sink 0.1%, fell 1.1%, excluding Wal-Mart. Shoppers weren’t ready to buy for spring on the heels of winter, store... More »

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Costco • Easter • gas prices • retail sales • Target • Wal-Mart • same-store sales • Thomson Financial Same Store Sales Index • Gap

 Gibson Sues Over Guitar Hero 

It wants retailers to stop selling game, claims patent infringement

Mar 21, 08 1:00 PM CDT
(Newser) - Gibson Guitar has sued Guitar Hero retailers, saying the Activision video games infringe on a patent it holds for a virtual-reality concert. The federal suit seeks to stop Wal-Mart, Target, Kmart, Amazon, GameStop, and Toys "R" Us from selling the games, reports AP. But Activision is fighting back—earlier... More »

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lawsuit • Toys 'R' Us • Target • Guitar Hero • Activision • Gibson • patent • patent infringement • Wal-Mart • Amazon.com • video games

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

Mar 6, 08 10:47 AM CST
(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating... More »

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retail • Costco • JCPenney • Sam's Club • Macy's • consumer spending • Home Depot • retail sales • Target • Victoria's Secret • Sears • National Retail Federation • Wal-Mart • Abercrombie & Fitch • American Eagle • BJ's Wholesale Club • Thomson Financial Same Store Sales Index • Kohl's • Saks • Gap • Banana Republic • Limited • Buckle • Pacific Sunwear • Wet Seal • Aeropostale

CEO Reveals Victoria's Secret: It's 'Too Sexy'

Brand hopes to regain its stylish, sophisticated image

Feb 28, 08 4:09 PM CST
(Newser) - Victoria’s Secret has become “too sexy,” the chain’s CEO said today, explaining that she wants to bring higher-quality and sophisticated products back to the stores, the Wall Street Journal reports. "We use the word 'sexy' a lot and have gotten off 'ultra-feminine,'" she... More »

MORE ABOUT:
fashion • marketing • retail sales • Target • Victoria's Secret • lingerie • retail shopping • college student • American Eagle

UPDATED

Chicago Cops Seek Killer of 5

Alleged killer fled after robbing Lane Bryant store

Feb 2, 08 2:00 PM CST
(Newser) - Police are searching for a stocky black man who reportedly shot five women dead in a Chicago mall burglary this morning, the Chicago Sun-Times reports. Police surrounded the Tinley Park mall after shots were reported at a Lane Bryant store just before 11 a.m. “There is no question... More »

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Chicago • police • Target • mall shooting • shooting • hostage

Fashion Lovers Grow Weary
of Waif Look

Internet, reality TV
spark use of real
people as models

Jan 27, 08 7:16 PM CST
(Newser) - Fashion blogs, "Ugly Betty", and other pop staples are nudging the fashion industry to use more real people as models, Newsweek reports. So are YouTube, reality TV, and a slew of designers who make affordable lines for Target and H&M. "People would like to see somebody up... More »

MORE ABOUT:
fashion • weight • model • blog • Fashion Week • Target • fashion designer

Target CEO to Step Down

With sales lagging, retiring Ulrich will give way to president Steinhafel

Jan 9, 08 5:32 PM CST
(Newser) - Target CEO Bob Ulrich, 65, will retire May 1, to be replaced by the president Gregg Steinhafel, the Wall Street Journal reports. Though Target almost tripled sales during Ulrich's 13-year tenure, it's recently had a run of weak sales. "Our board and I have great confidence in Gregg as... More »

MORE ABOUT:
Target • Bob Ulrich • Gregg Steinhafel

Retailers
Put Brakes
on Expansion

As economy lags,
big chains open
fewer stores

Dec 7, 07 2:15 PM CST
(Newser) - America's biggest retailers are beginning to ease up on the construction of new stores, reversing the if-we-build-it-they-will-come trend of recent years, CNNMoney reports. Faced with decreasing sales in a slowing economy, chains such as Wal-Mart, Target, Starbucks, McDonald's, and Walgreen either have cut back on new stores or are considering... More »

MORE ABOUT:
Target • expansion • profit growth • retail stores • Wal-Mart

MARKETS

Retail Leads Black Friday Rally

Wal-Mart, Target, JC Penney all gain; Citigroup rebounds

Nov 23, 07 2:34 PM CST
(Newser) - Stocks rose in an abbreviated session today, cutting losses for the week as early-bird Christmas shopping gave reason for optimism. "The fact that Black Friday is not a disaster and is off to a modest but healthy start is just a relief,'' one analyst told Bloomberg. The Dow... More »

MORE ABOUT:
stock market • NASDAQ • JCPenney • Dow Jones • Standard and Poor • Target • holiday shopping • Black Friday • Wal-Mart

Dow Sheds 223, Flirts With 13K

Retail hit hard as well

Nov 9, 07 3:44 PM CST
(Newser) - The Dow dove 223.55 today to 13,042.74, its lowest close in 2 months, as investors reacted to rough news about tech and retail stocks. The S&P 500 wrapped up its its worst 3-day fall since January 2003, losing 21.07 to close at 1,453.70,... More »

MORE ABOUT:
Google • Dow Jones • Apple • earnings reports • Macy's • Nasdaq • Target • tech sector • Qualcomm • S&P 500

Popular Toy Recalled Over Toxic Beads

Aqua Dots, made
in China, replicate date-rape drug

Nov 7, 07 6:00 PM CST
(Newser) - A popular arts-and-crafts toy made in China is being yanked from stores worldwide after it was found to include a chemical that replicates the effects of date-rape drugs, the Wall Street Journal reported today. At least three children were hospitalized recently in Australia after swallowing beads from the toy, sold... More »

MORE ABOUT:
China • Australia • product recall • Target • factories • date rape drugs • Bindeez • Aquadots • Aqua Dots • Wal-Mart

21 - 40 of 42 Stories | << Prev 1 2 3 Next >>


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