Tag: Target

MARKET BUZZ: Dali Foods At Record Highs; Daiwa Initiates At Buy | Nikkei Asian Review

MARKET BUZZ: Dali Foods At Record Highs; Daiwa Initiates At Buy | Nikkei Asian Review

Daiwa Capital Market says company’s business model stands out with focus on developing fast growing snacks and beverage segment in China. Starts coverage with Buy rating and target price of HK$7.10. House notes Dali’s pricing strategy of more wholesale discounts and lower retail prices attractive to consumers and distributors, helping it capture market share “We […]

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

  Target (NYSE:TGT) has few options other than to engage in a broad price-cutting strategy. Long under pressure from Wal-Mart and Amazon.com to remain competitive, the mass-merchandising retailer has often responded with select promotional deals to keep customers coming back. And though chains such as Kroger, Supervalu, and even Costco felt the heat from deep-discounting […]

Target cuts prices on groceries and other consumables | Food Dive

Target cuts prices on groceries and other consumables | Food Dive

Target’s announcement came the same day Kroger reported a 7% drop in profit thanks to its own sweeping price cuts. As with the Cincinnati-based grocer, Wall Street dinged Target for the measure, which is sure to eat into the retailer’s gross margins, but stands to boost its market share. Many analysts view sweeping price cuts […]

Target to slash prices on thousands of items, sending shares tumbling | CNBC

Target to slash prices on thousands of items, sending shares tumbling | CNBC

The cuts will be on items including cereal, paper towels, baby formula, razors and bath tissue, Target said. And the news comes just days after Amazon started cutting prices at Whole Foods’ stores across America. Target shares were trading around 3 percent lower Friday afternoon on the announcement. “We want our guests to feel a […]

Target’s Back-to-Basic Approach Works for Now | Bloomberg Quint

Target’s Back-to-Basic Approach Works for Now | Bloomberg Quint

The irony is that what seems to be working for Target isn’t a besting of Amazon at its own digital game, but rather a refocusing on retailing staples such as pricing, store remodeling and the launch of exclusive brands. In the press release announcing the boosted guidance, there isn’t one mention of “digital,” “online” or […]

Target shares dive on earnings outlook, price cut plans | Reuters

Target shares dive on earnings outlook, price cut plans | Reuters

Target Corp (TGT.N) said on Tuesday it will rely more on low prices to compete with rivals like Wal-Mart and Amazon, admitted many of its stores needed freshening up, and told Wall Street its sales and profit estimates for 2017 are too high. Shares of the retailer plunged to 2-1/2-year lows in heavy trading. Many […]

Walmart Says Alleged “Pricing Conspiracy” Is Just A Simple Mistake | Rajasthan Patrika TV

Walmart Says Alleged “Pricing Conspiracy” Is Just A Simple Mistake | Rajasthan Patrika TV

In the past we’ve reported on Target’s fuzzy math, retailers failing to understand what “clearance” means, and department stores being sued for allegedly inflating the original price of items in order make discounts look more attractive. These issues appear to have combined at Walmart, where one shopper says the company is running a “clearance conspiracy”: […]

Behind Target’s traffic jam, a tougher line on pricing | Minneapolis / St. Paul Business Journal

Behind Target’s traffic jam, a tougher line on pricing | Minneapolis / St. Paul Business Journal

Target Corp. has started off the holiday season aggressively, with deeper-than-usual price cuts that have pressured Target’s rivals and, possibly, contributed to the retailer’s tech problems on Cyber Monday. Bloomberg reports on Target’s pricing strategy so far, which it says is broader and tougher than in previous years. Among other moves, Target (NYSE: TGT) cut […]

Pricing News Daily > 3/2/15

Pricing News Daily > 3/2/15

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, data analytics, […]

Target undercuts Amazon on free shipping | Mashable

Target undercuts Amazon on free shipping | Mashable

Target is trying to hit Amazon where it hurts. The retail chain announced Monday that customers can qualify for free shipping on all orders of $25 or more placed through Target’s website “with virtually no exclusions,” down from a $50 minimum previously. … Target has previously attempted to compete with Amazon through holiday free shipping […]