Target Corporation

Target Corp said on Thursday it would double its staff for contactless services and hire more seasonal employees for distribution centers this holiday season, as consumers shop more online to avoid crowds during the COVID-19 pandemic.

Target Corp said on Thursday it would double its staff for contactless services and hire more seasonal employees for distribution centers this holiday season, as consumers shop more online to avoid crowds during the COVID-19 pandemic.

* For interactive graphic on sales click https://tmsnrt.rs/3aBz0kt (Updates share price)

U.S. stocks opened slightly higher on Wednesday following positive results from retailers Target and Lowe's, a day after the S&P 500 completed its fastest recovery from a bear market in history.

Target Corp on Wednesday reported its best quarterly comparable sales growth and online revenue that nearly tripled as shoppers lapped up videogames, kitchenware and clothes during the pandemic using the retailer's same-day delivery services.

Target Corp will shutter stores across the United States on Thanksgiving this year to ensure public health during the coronavirus pandemic, the retailer said on Monday.

Target Corp, CVS Health Corp and Walgreens Boots Alliance Inc said on Thursday they would require customers wear face coverings while shopping at their U.S. stores, adopting a widely accepted way to curb the spread of the coronavirus. The move by consumer-facing companies...

The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to buy everything from video games to sewing machines even as the country struggles with record job losses.

* Q1 cost of sales up ~19%, SG&A expenses rise 11% (Adds details from conference call, analyst quote)

Target Corp reported a 64% plunge in quarterly profit on Wednesday, pummeled by costs to tackle the coronavirus outbreak, even as panic-buying during the crisis lifted the big-box retailer's online and store sales.

Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter profit and margins, even as it recorded robust online sales during March and April. The big box retailer said...

A surge in online sales for Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profit from higher costs, the retailer said on Thursday.

A surge in digital sales for U.S. retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer along with profitability from the costs of adjusting, it said on Thursday. The big box...

Target Corp on Wednesday withdrew its financial outlook and said it would scale back on planned investments to focus on meeting surging demand as Americans stock up on essentials and stay home to slow the spread of the coronavirus outbreak.

Target Corp said on Tuesday it would reduce store hours for cleaning and restocking, as more consumers shop at its outlets for essentials amid the coronavirus outbreak.

Target Corp on Tuesday forecast full-year earnings below analysts' estimates and missed lowered expectations for holiday-quarter revenue, as the retailer wrestled with falling demand for toys and electronics as well as slowing online growth.

Target Corp forecast annual earnings largely below analysts' estimates on Tuesday, indicating that the retailer's lackluster holiday season performance was spilling over into 2020.

* Says underpaid Target staff by A$9 mln (Updates shares, adds Factbox)

Target Corp on Wednesday missed its own expectations for 2019 holiday season sales, blaming weakness in toys and electronics sales for growth of just 1.4% that sent shares in the retailer sharply lower.