Analysts: Target's (NYSE:TGT) Ad Push Will Only Go So Far

TipRanks13:33 ET · Ratings

Target's (TGT) Holiday Ad Spend Fails to Close Gap With Walmart and Costco

Quiver Quantitative13:05 ET

Investors: Target's holiday advertising promotion can only go so far.

In one of the most competitive holiday seasons in years, major USA retailers Target and Walmart are increasing their advertising investments to reach shoppers through the Short Video app TikTok and streaming platforms. However, investors indicate that, while recent USA credit and debit card data shows that Target has seen a slight gain, with shoppers spending slightly more in early December compared to a year ago, the Minneapolis-based chain has been nearly unable to reverse the trend that puts it at a disadvantage this year. Target has over 1,950 stores across the USA, primarily operating in non-essential goods, and as sales decline, its market share has dropped. This year,

Global market broadcast.Dec 24 10:39 ET

Forget Target, Invest in These 4 Promising Retail Stocks

Zacks Dec 24 08:35 ET

Filling Christmas Stockings With Amazon, Walmart, And Target Stocks Instead Of Trinkets From These Stores Could Be A Smarter Move: Let Me Explain Why

BenzingaDec 24 07:45 ET

How E-commerce Is Disrupting Traditional Seasonal Work in Retail

CNBCDec 24 07:00 ET