Target Profit Tumbles on Weak Sales
Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.
Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.
Americans spent more during the early spring months in the latest sign that they're encouraged by the economic recovery.
Target is rolling out a program to let shoppers use their Facebook accounts to redeem special offers on in-store purchases, another brick-and-mortar response to 'showrooming'.
The Senate is expected to pass legislation Monday that would allow states to collect sales taxes for Internet purchases, but the bill faces opposition in the House.
Monday is Earth Day, and retailers including Kiehl's, Amazon and Target are celebrating with freebies and deals this weekend and beyond.
Retailers report a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation and economic worries.
J.C. Penney pins its hopes on former CEO Mike Ullman to revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales declines.
Stocks are closing sharply higher for a second day as evidence mounts that the housing market is making a comeback. The Dow Jones industrial average jumped 175 points to 14,075, its highest close of the year. It's up nearly 300 points over the past two days, putting it within 100 points of its record high reached in October 2007.
U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.
Target is promoting its grocery offerings with a new series of TV ads featuring, among other oddities, exploding boxes of cake mix, and a sexy female matador dueling with various packaged meats.
Target announced a bold new price-match program Tuesday, promising to give customers the same deals they find on online retailers such as Amazon and Walmart.com. The new policy is similar to the one Target tried during the 2012 holiday shopping season.
Experts discuss where and when to get the best deals on holiday gifts.
Every Friday, we scan the weekly ads, deal sites and retailer marketing emails to find the best deals available for the coming week. Here are a few of the best freebies and limited-time offers we found.
The battle for your holiday spending dollars is well under way, and it's not too soon to start handicapping 2012's likely winners. Some may be obvious (like Amazon), but others may surprise you. Here's how the holiday shopping season is shaking out across the retail landscape.
DailyFinance's Matt Brownell is covering the Black Friday holiday shopping kickoff, starting Thursday evening. This article will be updated periodically with fresh details from across the country. And if you've got pictures or stories of your own shopping experiences, pass them along for us to share.













