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Wolfe Expects More Spending at Target (TGT) as Activist Pressure Builds
Yahoo Finance· 2026-01-07 20:56
Target Corporation (NYSE:TGT) is included among the 14 Best Dividend Growth Stocks to Buy and Hold in 2026. Wolfe Expects More Spending at Target (TGT) as Activist Pressure Builds Ken Wolter / Shutterstock.com On December 30, Wolfe Research analyst Spencer Hanus reiterated an Underperform rating on Target Corporation (NYSE:TGT) with an $81 price target after the Financial Times reported that activist investor Toms Capital is building a stake in the retailer. An activist presence could help reset the nar ...
Target sees shift in consumer behavior
Yahoo Finance· 2026-01-06 21:23
To me, there's always been a huge difference between going to a store like Target versus Walmart. Walmart is the store you go to when you need budget groceries or socks. Target is the store you go to when you need a cute lamp for your new apartment, or a creative gift for your best friend's daughter's birthday party. In fact, I've never really thought of Target as a money-saving destination. To me, the appeal has always centered on a wide selection of cool inventory, and less so on affordability. Just ...
Can OpenAI-led Conversational Commerce Drive TGT's Next Growth Wave?
ZACKS· 2025-12-29 18:21
Key Takeaways Target is using OpenAI-powered chat to enhance digital shopping and support its next growth phase.TGT enables natural-language product discovery, checkout and same-day services within one interface.Fulfillment strength backs the strategy, with a broad two-day delivery reach and better item availability.OpenAI is emerging as a key strength in Target Corporation’s (TGT) next phase of digital transformation, as the retailer leans heavily on conversational commerce to reaccelerate growth. In third ...
How Non-Tech Companies Are Thinking About AI : The Good Investors %
The Good Investors· 2025-12-29 03:54
It has been three years or so since artificial intelligence (or AI) leapt into the zeitgeist with the public introduction of DALL-E2 and ChatGPT. As AI technology develops, I have been tracking how companies are thinking about and using it. The latest earnings season for the US stock market – for the third quarter of 2025 – recently ended and there were a number of companies that I follow or have a vested interest in, where the management teams discussed the topic of AI and how the technology could impact t ...
Activist Investor TCIM Makes ‘Significant' Investment in Target
PYMNTS.com· 2025-12-27 01:17
Investment Activity - Toms Capital Investment Management (TCIM), an activist hedge fund, has made a significant investment in Target [1] - The size of TCIM's stake in Target is currently unknown [2] Company Performance - Target has experienced 12 consecutive quarters of negative or negligible sales growth, with its share price falling 60% from its pandemic peak [2] - In the third quarter, Target reported net sales that were 1.5% lower than the previous year, and comparable sales decreased by 2.7% [4] Strategic Focus - Target's primary goal is to return to growth, focusing on three strategic priorities: merchandising authority, enhanced shopping experience, and technology leverage [3] - The company is undergoing leadership changes, with Brian Cornell stepping down as CEO on February 1, to be succeeded by COO Michael Fiddelke, who is expected to drive the company's growth strategy [5][6] Restructuring Efforts - Target announced a significant restructuring plan, eliminating 1,800 corporate roles, which accounts for 8% of its headquarters workforce [7]
Target Settles NJ Warehouse Pay Claims Over Off-the-Clock Work
Yahoo Finance· 2025-12-26 17:23
Target has agreed to pay $4.6 million to resolve a class action lawsuit claiming it failed to fully compensate employees for time worked at its three New Jersey distribution centers. The settlement benefits individuals who worked for Target at facilities in Burlington, Perth Amboy and Logan Township since Aug. 6, 2019. Roughly 13,700 current and former employees are expected to qualify for the settlement. More from Sourcing Journal According to the civil suit, Sadler v. Target Corp., the retailer failed ...
Walmart's Ad Sales Jump 53%: Is Advertising Becoming a Profit Engine?
ZACKS· 2025-12-23 16:16
Key Takeaways Advertising revenues jumped 53% in Q3, signaling a bigger role for WMT's retail media business.U.S. growth came from Walmart Connect, while Flipkart led international gains as seller and brand demand rose.Ads and membership made about one-third of consolidated adjusted operating income for Walmart in the quarter.Walmart Inc.’s (WMT) third-quarter fiscal 2026 performance highlighted a sharp acceleration in its global advertising business, raising an important question about whether ads are beco ...
Is This Soon-to-Be $1 Trillion Stock a Buy Now?
Yahoo Finance· 2025-12-23 00:30
This mega-cap giant, once recognized for stability rather than speed, is gradually rewriting its growth story. Walmart (WMT) is one of the world's largest retailers, with a broad network of physical stores and digital platforms that provide everyday necessities, groceries, general products, electronics, clothing, and household goods. Valued at $915 billion, Walmart is on the verge of joining the $1 trillion market cap club. With e-commerce gaining traction and a tech-powered operating model taking hold, ...
A Walmart ‘robocall scam’ sweeping the nation, warns FCC. How fake employees will try to get you to give up your info
Yahoo Finance· 2025-12-22 20:15
Consumers across the country need to be careful of who’s calling. A nationwide robocall scam involving fake Walmart employees is pressuring Americans to share sensitive information, according to federal regulators and telecom security experts. Must Read The automated calls, explains a press release (1) from the Federal Communications Commission (FCC), claim that a Walmart account has been charged for a purchase the victim didn’t authorize. Victims are then urged to quickly act to “cancel” the order by ...
Target's Fun-Forward Hardlines Strategy Creates a New Category Winner
ZACKS· 2025-12-16 17:31
Key Takeaways Target's Fun 101 repositions Hardlines as fun-forward, culture-driven destinations.TGT delivered nearly 10% toy comp growth and double-digit gains in music and games.Target uses AI trend tools to speed assortments and scale Fun 101 nationwide.Target Corporation’s (TGT) fun-forward Hardlines transformation is emerging as one of the company’s most effective discretionary growth levers, repositioning a historically functional category into a culturally relevant traffic driver. Rebranded as Fun 10 ...