Heard on Target's (TGT) earnings call: 1) The first 24 stores in Canada will open in April and...

|About: Target Corporation (TGT)|By:, SA News Editor

Heard on Target's (TGT) earnings call: 1) The first 24 stores in Canada will open in April and 128 stores will be opened before Christmas. 2) Execs say they have a "tempered" view on near-term consumer spending with the U.S. growing "painfully slow," but think the company is well-positioned with stores remodels in place to highlight food assortment and online channels performing well. 3) On Q4 sales: Home and apparel categories held up, while digital channels saw strong sales. Electronics continues to be a challenge due to the "irrational behavior" of rivals. 4) Mobile purchases make up 7% of digital sales with participation in Apple's Passbook app contributing to the surge. (webcast)