Target Corp. said it will be open on Thanksgiving Day, from 6 p.m. to midnight, then will reopen at 6 a.m. on Black Friday. The discount retailer said that some of the deep discounts it will be offering on Black Friday will be available online on Wednesday at Target.com for REDcard holders. Shoppers who spend $50 on Friday, Nov. 24, will receive a coupon for 20% off a future shopping trip. A Black Friday preview sale will be available Monday, Nov. 6, online, until 11:59 p.m. PST. The stock slipped 0.7% in morning trade, while the S&P S&P Retail ETF eased 0.1%. Over the past three months, Target’s stock has gained 2.6% while the retail ETF has lost 3.1% and the S&P 500 has climbed 4.5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News