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Target to Extend 'Bonus Black Friday' Sales This Month

Target Corp. (TGT) said it was extending its summer online-only "Bonus Black Friday" sale to two full days and will hold its first-ever "Summer Cyber Week" sale. The big-box retailer's move comes as many retailers are searching for ways to boost sales amid the lagging economy. Several stores have started back-to-school sales and introduced fall lines early, while some--like Target--have pushed "Christmas in July" sales to expand the spending season beyond the November and December deluge. The summer Black Friday sale, which Target started two years ago, is scheduled for Friday and Saturday, and the Cyber Week sale will go on all next week. The retailer said customers will find "Black Friday-like" deals on more than 2,000 items on Target.com, including toys, movies and apparel. Like its larger rival Wal-Mart Stores Inc. (WMT), Target is still contending with a slow recovery in the U.S. economy that has left many of its core lower-income shoppers extremely cautious with spending. In May, Target said its fiscal first-quarter earnings edged up, helped by a stronger-than-expected top line. Shares closed down 45 cents at $61.50. The stock is up 20% so far this year. Write to Ben Fox Rubin at ben.rubin@dowjones.com

Stock News for Target (TGT)
DateTimeHeadline
07/28/201613:50:00Walgreens to Shut Down Walgreens to Shut Down Walgreens to Shut...
07/26/201606:50:00National Retail Federation Raises Annual Sales Forecast
07/25/201617:28:17Current Report Filing (8-k)
07/20/201616:53:00Target Hires Supply Chain Executive From Apple
07/18/201616:08:00Amended Statement of Changes in Beneficial Ownership (4/a)
07/18/201608:11:00Kids Keep Running the Show as Target Helps Families Gear Up for...
07/15/201622:07:00TARGET 72 HOUR DEADLINE ALERT: APPROXIMATELY 72 HOURS REMAIN;...
07/15/201614:44:00The Law Offices of Howard G. Smith Announces the Filing of a...
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07/14/201609:00:00Target Names Don Liu as Executive Vice President, Chief Legal...
07/13/201610:30:00Glancy Prongay & Murray Announces the Filing of a Securities...
07/12/201622:09:00SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class...
07/12/201611:24:00Correction to Mall Owners Article
07/12/201610:12:16INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of...
07/12/201608:30:00CEO Dimon: J.P. Morgan to Raise Pay for Employees
07/11/201610:00:00Staples Taps New President of North American Retail Operations
07/11/201603:03:00Malls Push Out Department Stores -- WSJ
07/11/201603:03:00CIOs Gain Stature in Digital Era -- WSJ
07/10/201622:35:00Mall Owners Push Out Department Stores
07/10/201608:00:00SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses...

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