TARGET POSTS BETTER-THAN-EXPECTED FIRST QUARTER
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TARGET TO ADJUST BUSINESS MODEL AFTER DISAPPOINTING EARNINGS
Fourth quarter 2016 sales decreased 4.3 percent to $20.7 billion from $21.6 billion last year, reflecting a 1.5 percent decline in comparable sales combined with the removal of pharmacy and clinic sales from this year’s results.
Read MoreTARGET SIGNS ONLINE SUIT AND TUXEDO RENTAL COMPANY MENGUIN TO BE ...
The partnership provides Target’s wedding registry couples with exclusive offers and benefits to Menguin’s rental service and suits.
Read MoreTARGET PROMOTES RICK GOMEZ TO CHIEF MARKETING OFFICER
In this role, Gomez will be responsible for furthering Target’s brand positioning and leading the integration of all marketing programs.
Read MoreTARGET UNVEILS 2016 HOLIDAY STRATEGY
Popular promotions from 2015 will return, including 10 Days of Deals, which will feature a distinct offer each day for 10 days.
Read MoreTARGET TO REPURCHASE ADDITIONAL $5 BILLION IN STOCK
The new repurchasing program will take place upon completion of the current $10 billion repurchase program, which is expected before the end of fiscal 2016.
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