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What Slowdown? Target Just Signaled This Holiday Season Will Be Huge

Adam Levy, The Motley Fool
·3 min read
What Slowdown? Target Just Signaled This Holiday Season Will Be Huge

October is right around the corner, and that means holiday shopping season is already gearing up. Target (NYSE: TGT) is launching its first holiday shopping event Oct. 6, and it plans to hire a lot of new employees to get it through the extended holiday season. The aggressive push adds more risk to Target's third- and fourth-quarter results, after profits took a massive hit from stores clearing out stale inventory in the second quarter.

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