Target Corp Announces Partnership Termination and Halloween Offerings
Target Corp has reported a decline in its stock price over the past few days, with shares trading at a lower value compared to their 52-week high.
The company has announced that it will end its partnership with Ulta Beauty in August 2026, which had brought Ulta mini-shops to over 600 Target stores. This decision is expected to have a significant impact on the company’s operations.
Key details of the partnership termination:
- Date of termination: August 2026
- Affected stores: Over 600 Target stores with Ulta mini-shops
In a separate announcement, Target has positioned itself as a one-stop shop for customers looking for seasonal products, highlighting its Halloween offerings.
Key details of the Halloween offerings:
- Availability: In-store and online
- Product range: Seasonal decorations, costumes, and accessories
Additionally, Target has offered an exclusive dividend to its shareholders, providing a financial incentive to investors.
Key details of the dividend:
- Eligibility: Target shareholders
- Terms: To be announced by the company