Can Target's New Circle Deal Days Spark a Turnaround for the Retail Stock
Target (TGT +1.35%) has been one of the biggest flops in the retail sector since the pandemic ended.Over the last five years, the stock is down 30%, and is off more than 50% from its all-time peak around the same time.The company has struggled with theft, inflation, stiff competition from Walmart, Costco, and Amazon, a shifting political stance that has alienated its customers, and a deteriorating in-store experience that have contributed to a decline in comparable store sales.Now, a new CEO has breathed ne ...