Target ( NYSE:TGT) recently reported impressive Q1 results with about 6% increase in sales as compared to Q1 2011. The early warm weather and appealing spring fashions drove traffic and sales in Q1. The management has raised earnings guidance for fiscal 2012. Discount programs like 5% Rewards, REDcard Free Shipping and Pharmacy Rewards programs are proving very effective in driving incremental sales for Target. Target mainly competes with Wal Mart ( NYSE:WMT) and other retailers like Best Buy ( NYSE:BBY), Macy's ( NYSE:M), Sears ( NASDAQ:SHLD), and Costco ( NASDAQ:COST). 
Share:  Target ( <span class="company">NYSE:TGT</span>) recently reported impressive Q1 results with about 6% increase in sales as compared to Q1 2011. The early warm weather and appealing spring fashions drove traffic and sales in Q1. The management has raised earnings guidance for fiscal 2012. Discount programs like 5% Rewards, REDcard Free Shipping and Pharmacy Rewards programs are proving very effective in driving incremental sales for Target. Target mainly competes with Wal Mart ( NYSE:WMT) and other retailers like Best Buy ( NYSE:BBY), Macy's ( NYSE:M), Sears ( NASDAQ:SHLD), and Costco ( NASDAQ:COST). Tweet this   read full story

Goldman Sachs raises its price target on Target Corporation ( NYSE: TGT) from $63 to $64 while it reiterates a Buy rating on shares. 
Share:  <span class="sent">Goldman Sachs raises its price target on Target Corporation ( NYSE: TGT) from $63 to $64 while it reiterates a Buy rating on shares.</span> Tweet this   read full story

After a bumpy time last fall, Target is looking to strengthen its online and mobile platforms with the intention of improving the online consumer experience. Target Corporation chairman and CEO Gregg Steinhafel told investors on the quarterly conference call on Wednesday that the mega retailer has a vision to "create a unique seamless integration of our stores, online mobile platforms and social media, providing our guests the same great experience regardless of the channel they choose.". The idea here is to simplify shopping on Target.com across multiple platforms. 
Share:  After a bumpy time last fall, <span class="company">Target</span> is looking to strengthen its online and mobile platforms with the intention of improving the online consumer experience. <span class="company">Target</span> Corporation chairman and CEO Gregg Steinhafel told investors on the quarterly conference call on Wednesday that the mega retailer has a vision to "create a unique seamless integration of our stores, online mobile platforms and social media, providing our guests the same great experience regardless of the channel they choose.". The idea here is to simplify shopping on <span class="company">Target</span>.com across multiple platforms. Tweet this   read full story

Target has found some success with drawing customers in with a larger selection of foods and a program it started in 2010 that offers a 5 percent discount for those who pay with Target branded credit and debit cards. "We're very pleased with our first quarter earnings, which benefited from better than expected sales," said Gregg Steinhafel, Target's chairman, president and CEO in a statement. "While our outlook for the remainder of the 2012 reflects continued economic uncertainty, we are confident in our strategy.". The retailer earned $697 million, or $1.04 per share, in the quarter ended April 28. 
Share:  <span class="company">Target</span> has found some success with drawing customers in with a larger selection of foods and a program it started in 2010 that offers a 5 percent discount for those who pay with <span class="company">Target</span> branded credit and debit cards. <span class="sent">"We're very pleased with our first quarter earnings, which benefited from better than expected sales," said <span class="analyst">Gregg Steinhafel</span>, <span class="company">Target</span>'s chairman, president and CEO in a statement.</span> "While our outlook for the remainder of the 2012 reflects continued economic uncertainty, we are confident in our strategy.". The retailer earned $697 million, or $1.04 per share, in the quarter ended April 28. Tweet this   read full story

Target Picks Up Incremental Market Share. "We feel 230 is the appropriate number [to convert] in 2012," Steinhafel said earlier this year. Up until now, the company has been expanding grocery offerings in the U. S by converting high volume stores in urban and suburban locations, he said, "and we believe this [slower] cadence is more appropriate as we go forward into some of our mid and lower volume stores.". 
Share:  <span class="company">Target</span> Picks Up Incremental Market Share. <span class="sent">"We feel 230 is the appropriate number [to convert] in 2012," <span class="analyst">Steinhafel</span> said earlier this year.</span> Up until now, the company has been expanding grocery offerings in the U. S by converting high volume stores in urban and suburban locations, he said, "and we believe this [slower] cadence is more appropriate as we go forward into some of our mid and lower volume stores.". Tweet this   read full story