Target Conservative in Holiday Season Expectations
Target Corp. ( TGT ) is conservative in its expectations of holiday spending this year. Target's CEO Gregg Steinhafel said that sluggish consumer spending an ailing economy may weaken holiday purchases, Reuters reported. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv=''; Consumer spending has strengthened several times, only to fall back again later, Steinhafel said. "It's like a game of whack-a-mole," Steinhafel said. Still, Target... Continue reading Target Conservative in Holiday Season Expectations Target Conservative in Holiday Season Expectations originally appeared on DailyFinance on Fri, 24 Sep 2010 08:25:00. Filed Under: Company News , Target Corp , Retail Permalink | Tweet this! | Comments
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