Julie Smith’s Blog

PR class related blog

Top challenge facing Target (including the financial market) December 1, 2008

Filed under: Public Relations,Target — Julie Smith @ 1:49 am
Tags: , , , ,

Target hasn’t necessarily taken a huge hit comparatively speaking to other companies during our

countries financial crisis. Although the Target Corporation sales are down about 0.7%.

 

“Sales for the month of October were very disappointing, with continued 

volatility in daily results,” said Gregg Steinhafel, president and chief executive

officer of Target Corporation. “We expect the recent challenging sales

environment to continue into the holiday season and beyond as a result of

the economic factors currently affecting consumer spending.”

 

Hulbert, J. (2008, Nov. 06). Message posted to

           http://investors.target.com/phoenix.zhtml?c=65828&p=irolnewsArticle&ID=1223142&highlight

 

Advertisements
 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s