Tag Archives: Target

Why landlords must help save Target

Why landlords must help save Target

ChanticleerThe eternally struggling discount department chain is losing more money amid the COVID-19 crisis. Wesfarmers boss Rob Scott needs to perform radical surgery on rents to save it.It's become clear over the past few months that the coronavirus is most dangerous to patients with underlying health conditions.It's also pretty clear that the same holds true…

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Target shares fall on mixed fourth-quarter results, but company touts same-day e-commerce growth

Target shares fall on mixed fourth-quarter results, but company touts same-day e-commerce growth

A Target store in Culver City, California.Mark Ralston | AFP | Getty ImagesTarget on Tuesday outpaced fourth-quarter earnings expectations, but revenue fell short because of weak sales of toys, electronics and home goods over the holidays.Shares were up fractionally in premarket trading.Here's what Target reported compared with what analysts were expecting, based on a survey of…

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