Target cautions shareholders on TRC Capital’s mini-tender offer
The offer is set to expire on October 6.
The offer is set to expire on October 6.
Target is betting that combining store-based fulfillment with faster delivery options will help it regain momentum after four years of sluggish sales and heightened competition.
Deals kick off early with Target Circle Week, Oct. 5-11, offering savings on everyday essentials, fall style picks and holiday gifts.
New stores opening on Oct. 12 and 19 will feature shop-in-shops with Apple, CVS, Disney, Starbucks, Target Optical, and expanded fresh food sections.
The choice of Target veteran Michael Fiddelke disappointed Wall Street, as some investors favored an outside candidate for new perspectives.
Shares dropped despite strong profits, as investors reacted to weak traffic and CEO Brian Cornell's plan to step down for executive Michael Fiddelke.
Cornell to serve as executive chair of Target's board of directors.
The move comes as Target faces softer demand, with shoppers reducing their discretionary spending.
The assortment spans décor, costumes, candy and party supplies, available now on Target.com and in stores beginning September.
The openings are part of Target’s plan to add 300 stores nationwide over the next decade.
“Getting ready for a new school year should be an exciting time for families.”
The new locations, opening in July and August, reflect Target’s focus on both large-format stores and localized customer convenience.
Target’s trademark activity underscores the retailer’s strategic investment in owned brands.
The company is actively testing the tool now.
The July event features some of Target's best deals of the season.
“Our team members across the country are inspired by the determination and spirit of these athletes."