-
A modest upswing in domestic expansion
An announcement last week that Target plans to open 21 stores in the coming fiscal year was interesting on a number of levels.
For starters, the disclosure was rather uncharacteristic for a company that in years past would publicly release its stores openings a week or two in advance of the actual openings. In this case, the company shared its full list of openings for the entire year two weeks before its new fiscal year even begins.
-
S&P Equity Research sees consumer spending up 3% in 2011
New York City -- Consumer spending will rise 3% this year, according to retail analysts at S&P Equity Research. While the majority of publicly traded retailers were able to capture share in 2010 from smaller competitors or those that were forced to declare bankruptcy, and also increase profit margins, the S&P retail analysts see 2011 as another good year.
