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Financials: Latest Results
Top 50 rank: 19
Rank in General Merchandisers: 2 (Previous rank: 2*) Overall score: 6.90 Why it's admired Target wins points for offering great design for less, but shoppers see Wal-Mart as cheapest, despite a new ad campaign emphasizing value. That puts Target at a big disadvantage in this rough retail environment; its stock has slumped more than 50% since Sept. 2008.The mega-retailer is reducing costs to better compete, slicing 1,100 jobs, and cutting back on plans for new stores. Credit card defaults cost Target $135 million in the fourth quarter and more are expected, but analysts are still hopeful about the company's long-term prospects. And strong corporate responsibility programs - it gives 5% of income, or $3 million a week back to the community - help maintain the company's positive image. -L.D. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: General Merchandisers
Most Admired
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Top 50 Headquarters ...What Readers Say
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| Apple | 2 |
| Walt Disney | 1 |
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| Goldman Sachs Group | 1 |
| Marriott International | 1 |
| Walt Disney | 1 |
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| Exxon Mobil | 1 |
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| Berkshire Hathaway | 1 |