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Target Another Retail Victim This Holiday Season
Wednesday, January 18, 2017 - 9:54am | 366Shares of Target Corporation (NYSE: TGT) fell more than 4 percent Wednesday after the department store's November and December sales guidance disappointed the Street. Target said its comparable sales during the Holiday season fell 1.3 percent and total sales fell 4.9 percent, although this...
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These 4 Charts Reveal 2 Big Trends In The Department Store Space
Tuesday, January 6, 2015 - 11:15am | 405The graphs below were produced by Capital Market Labs. Strong economic headwinds are reshaping the department store sector, so let's look at sales trends in this troubled segment. Most striking, of course, is the rapid and un-ending decline in sales for Sears Holdings Corp (NASDAQ...