Target is set to report its Q2 results on Wednesday, August 21st. With Walmart exceeding expectations in its recent Q2 report, investors are hoping for a similar performance from Target. Analysts expect sales growth and a significant increase in earnings per share, but can Target meet these projections and secure a post-earnings rally?
Analysts predict that Target and Ross Stores will report strong second-quarter earnings, driven by continued consumer spending despite macroeconomic uncertainties. Target is expected to benefit from its value-focused offerings, while Ross Stores’ strong performance across the past five quarters indicates its ability to navigate challenges.
Prepare your home for summer entertaining with this curated selection of 25 essential home goods from Target. From stylish outdoor furniture to practical kitchenware, this list has everything you need to host memorable gatherings all season long.
Target has implemented a new policy at its DC USA location in Columbia Heights, Washington DC, requiring all shoppers under 18 to be accompanied by an adult during in-store visits. This rule appears to be enforced by the mall itself, which also has signs stipulating the age restriction outside its multi-story development. Target has not yet responded to requests for comment on the new policy.
Target has teamed up with Oura to enhance its in-store retail experience for the Oura Ring wearable. Customers can now try out the Oura Ring at Target locations, eliminating the need for at-home sizing kits and reducing the waiting period before receiving their ring. Additionally, Target offers a $10 gift card with the purchase of an Oura sizing kit, applicable to future purchases at Target or Target.com.
Oura Ring, a popular fitness tracker, is now available at select Target stores and the company’s online store. The expansion into physical stores will allow customers to try on the ring and get a precise size before purchasing. Oura Ring is also prioritizing women’s health with its advanced cycle tracking toolkit.
Target, a major American retailer, has announced plans to discontinue in-store sales of DVDs and Blu-rays by 2025. This decision aligns with the increasing popularity of streaming services and the decreasing demand for physical media formats. Target will continue to offer DVDs and Blu-rays at specific times of the year and for limited releases.
Shoppers at a Kroger store in North Little Rock, Arkansas, have expressed outrage over long lines and closed self-checkout kiosks. The store’s customers have taken to social media to vent their frustrations, sharing pictures of crowded checkouts and closed self-checkout machines. Kroger has apologized for the lines and stated that they are working to improve the checkout experience. However, similar complaints have been raised by shoppers at Walmart and Target stores, indicating a broader issue in the retail industry. Walmart has implemented a new policy limiting self-checkout items to 10 or fewer, while Target has trialled express self-checkout lanes with the same item limit. Despite these efforts, some shoppers have argued that these measures have only worsened checkout times.
Target’s 400-thread count cotton performance sheets are now available for 30% off. These sheets are made of 100% cotton and have a brushed sateen finish that is designed to resist wrinkling, pilling, and shrinkage. They are available in a variety of colors and sizes, and come with a fitted sheet, flat sheet, and two pillowcases. Over 3,000 reviewers have given these sheets a 5-star rating, and they have been praised for their softness, comfort, and durability.
Target will be phasing out physical media sales in their stores, following a trend among major retailers. The retailer will only stock DVDs during select times, such as Black Friday sales and new releases for major films. The website will continue to sell DVDs. This move comes as streaming services become more popular and consumers become more aware of the licensing restrictions associated with digital media purchases.
