Thursday, January 19, 2017

Weak Sales Numbers From Target (NYSE:TGT)

Weak sales numbers from Target (NYSE:TGT) caused its stock to fall and took along Macy's (NYSE:M) and Wal-Mart (NYSE:WMT). While Target (NYSE:TGT) has a strong e-commerce presence its retail stores are facing declining traffic.


Target (NYSE:TGT), 6-month chart (Courtesy of StockCharts.com)