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Stock impact report

Target just revealed a completely new way to give gifts in time for holiday shopping (TGT) [The Business Insider]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Target just revealed a completely new way to give gifts in time for holiday shopping Instant gratification is all the rage now, and Target is giving in. Just in time for the holiday season, Target is giving customers a new way to gift. Instead of mailing a gift directly to its recipient, Target will now let givers use a new feature called "Gift Now." Here's how it works: The service allows givers to send via email. The recipient "opens" the gift virtually in the email, and must then enter their mailing address for delivery. If they're not a fan of your particular choice, they can exchange for something of the same dollar value, or a gift card. The service is run by Loop Commerce , and is already featured with department stores like Neiman Marcus, Macy's, Saks Fifth Avenue. Target is the first discount store chain to incorporate it. The new service is just one part of Target's plan to capture a bigger share of holiday shoppers this season. The chain is hoping to avoid the 1.3% decline Show less Read more
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