What Future Does Target (NYSE: TGT) have?
Coronavirus threatens Target because US e-commerce sales grew by 20.5% in April, Digital Commerce 360 estimates.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Coronavirus threatens Target because US e-commerce sales grew by 20.5% in April, Digital Commerce 360 estimates.
Read MoreSignificantly, Target is generating less cash. In particular, Target’s free cash flow fell from $1.755 billion on 3 August 2019 to $357 million on 2 November 2019. However, Target’s free cash flow rose from -$327 million on 4 May 2019.
Read MoreOne of the few ways, Target can fight Amazon is to recruit allies. Predictably, Target is partnering with Disney (NYSE: DIS) for an anti-Amazon offensive.
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