Target opens new small-format stores (TGT) [The Business Insider]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: The Business Insider
Target opens new small-format stores This story was delivered to BI Intelligence " E-Commerce Briefing " subscribers. To learn more and subscribe, please click here . Last week, Target opened 11 small-format stores across the US as part of its ongoing readjustment to its brick-and-mortar strategy. The format aims to create a streamlined shopping experience with square footages that range from 12,000 to 80,000, significantly smaller than the 145,000-square-foot average for a standard Target store. The new stores seem meant to serve densely populated urban and suburban areas, where consumers are likely far from a full-sized Target. Target’s small-format stores feature inventory and an atmosphere curated for each location. Employing tools like data and focus groups, Target is trying to tailor each store’s product assortment to the needs and interests of local consumers. For example, the new location in Herald Square in New York City features trinkets for tourists who frequent t
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News
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- Macy's, Inc. (NYSE: M) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $21.00 price target on the stock.MarketBeat
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- M's page on the SEC website