Target seen hitting $95 billion in sales by 2010
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Target Corp.'s  sales will  nearly double to $95 billion by 2010, but it may need to look  beyond its traditional big-city base and possibly overseas to  sustain growth, consultants Retail Forward said.
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December sales and sales for the fiscal year to date reported by leading retailers.
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Target Corp. TGT.N, the No. 2 U.S.  discount retailer, on Thursday posted a higher quarterly profit  on stronger sales and gains from selling its Mervyn's  department store chain, and forecast 2004 would end well.
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Target Corp.  on Thursday said  July sales rose 3.1 percent at its stores open at least a year,  around the low end of its forecast.
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Target Corp  warned on Monday  that its December same-store sales were below expectations and  said it now expects sales at stores open at least a year in the  range of down 1 percent to up 1 percent, adjusted for a  calendar shift.
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China&#39;s consumer electronics market will grow by almost 90 percent to $94 billion by 2007 as manufacturers shift to high-end digital products and away from more basic items like toys and watches, an industry publication forecasts.
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, 12/6/2004. Samsung plans to invest $25 billion (25 trillion won) between now and 2010 with the aim of achieving sales of $200 billion (200 trillion won).
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Global retail sales of Walt Disney  Co. consumer products are expected to rise 13 percent to a  record $26 billion in fiscal 2007 and the company plans to  nearly double that figure within seven years, Disney Consumer  Product Chairman Andy Mooney told Reuters.
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Investor's Business Daily - The National Retail Federation said 33.4% of shoppers plan to spend less this year than last year while only 16.4% plan to spend more. The NRF has forecast the smallest sales gain in 5 years as falling home prices, higher food and energy costs and the credit crunch sap spending. Holiday sales account for 25% to 40% of retailers' annual revenue.
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The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analystsâ forecasts.
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Passenger vehicle sales should strengthen nearly 20 percent by the end of the decade to about 70 million vehicles annually, spurred by growth not only in developing markets
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Wal-Mart Stores Inc , the world's largest retailer, said it plans capital expenditures for its current fiscal year of $14.7 billion to $15.4 billion, lower than its previous forecast.
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American Eagle Outfitters Inc.   on Wednesday said May sales at stores open at least a year rose  5 percent, slightly missing Wall Street targets, but the teen  clothing retailer reiterated its second-quarter earnings  forecast.
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Toyota plans to sell 10.4 million vehicles globally in 2009, it said Friday, a sales target that would put the Japanese automaker ahead of a record hit by world leader General Motors 30 years ago.
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TOKYO -- Toyota plans to sell 10.4 million vehicles globally in 2009, it said Friday, a sales target that would put the Japanese automaker ahead of a record set by world leader General Motors 30 years ago.
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Forrester Research Inc. of Cambridge has put a value on the fast-growing online retail market in the United States, saying American firms will sell $316 billion in goods and services via the Web by 2010.
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Analyst firms Jupiter Research and Forrester, in separate reports,  said they expect online retail sales to soar to $215 billion to $335 billion by 2012.