Eagle Eye Opener

Target’s Stocking Gets a Lump of Coal

Target’s Stocking Gets a Lump of Coal (Yahoo Finance)

With the holiday season upon us, retailers typically drink in revenues and watch their share prices soar. While that might be the case with Wal-Mart and Costco, Target’s being left behind. In the last 10 days alone, its share price has lost 4 percent. So what’s wrong with Target? While peers such as Wal-Mart and Costco have seen their shares appreciate, Target’s shares have fallen 4 percent — most of it in the last 10 days. Part of the problem is simply scale: Wal-Mart has six times the revenue of the nation’s second-leading retailer. And in the ecommerce world, Target can’t hold a candle to Amazon. In both cases, the larger competitor is crushing Target in attracting customers. If you currently hold Target (TGT) stock, too bad you can’t return it like an unwanted gift…

Sign Up
DISQUS COMMENTS

FACEBOOK COMMENTS

Comment with Facebook