Tag: Target

February 8, 2024

Target could soon be following in the footsteps of competitors Amazon, Walmart and Kroger by introducing a paid membership program, according to reporting by Bloomberg and other media outlets quoting people familiar with the matter. Titled “Project Trident” internally, the […]

January 19, 2024

Shipt has launched an innovation lab focused on “big thinking to centralize delivery and product experiments across the country,” according to a statement from the company, which is an independently operated subsidiary of Target. The lab will explore the potential […]

December 6, 2023

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by […]

November 29, 2023

Target has started testing 10-items-or-less checkout lanes at a handful of its stores. According to The Street, Target had generally not specified a limit to its self-checkout stations, unlike most grocery stores. Now, certain locations are “testing the limits” in […]

November 20, 2023

Consumer spending was top of mind as Target and Walmart released their third-quarter earnings, causing both retail giants to strike a cautious tone concerning inventory and the upcoming holiday season. Target While combating industry challenges like inflation and inventory shrink, […]

October 16, 2023

Target is expanding its Roundel retail media network on several fronts, a move that arrives as advertisers are in the thick of their holiday planning. Roundel is broadening its capabilities with the introduction of a self-service buying tool along with […]

October 4, 2023

The opening keynote session of this week’s Council of Supply Chain Management Professionals (CSCMP) EDGE conference in Orlando provided an inside look at the supply chain of Minneapolis-based Target, one of the world’s largest retailers. In a fireside chat with […]

September 27, 2023

Retail theft news has flooded headlines this year, quickly becoming a top concern for enterprises who are looking to keep consumers safe and products safeguarded from pilfering. Amongst the companies being impacted are popular hypermarkets, with Target being the latest […]

August 25, 2023

Every few decades, retail brands discover a new way to connect with consumers. The early 2000s saw the beginning of an online media push that brought standardized content from one brand to many consumers. Mobile-targeted direct-to-consumer brands (D2C) brands reigned […]

August 22, 2023

Same-store sales at Walmart’s U.S. stores climbed 6.4% in the second quarter while rival Target’s declined 5.4%, although both discounters warned that consumer spending remains challenged. Doug McMillon, CEO of Walmart, said on a call with analysts, “Jobs, wages, and […]

May 25, 2023

Target on Wednesday said it is pulling some items designed for Pride Month, following incidents in stores that put store workers at risk. The mass merchant said that for more than a decade it has offered an assortment of products […]

February 13, 2023

Through a special arrangement, what follows is a summary of an article from WayfinD, a quarterly e-magazine filled with insights, trends and predictions from the retail and foodservice experts at WD Partners. Last year, a WD Partners’ study, “Retail Supernova,” […]

November 17, 2022

Target’s same-store sales have been trending in the wrong direction. The retailer, which posted a 2.7 percent third quarter gain in its comps, saw its store traffic increase 1.4 percent on top of a gain of nearly 13 percent in […]

November 16, 2022

Inflation continued to loom in Q3 2022 and it has proven to be the defining force for many retailers. Walmart’s comparable sales rose 8.2% as shoppers flocked to the retail giant for inexpensive groceries, while Target’s comparable sales rose 2.7% […]

November 10, 2022

And now for something completely different. Target today said that it plans to open new larger-format stores with new reimagined open layouts designed to better meet the needs of the chain’s guests (AKA customers). The new stores, which will measure […]

November 10, 2022

Target has introduced a larger-format store concept — nearly 150,000 square feet compared to the chain average of 130,000 square feet — that will become the retailer’s focus for new stores in the next few years. The new design, which […]

October 11, 2022

New research forecasts that imports to American ports will fall to the lowest level in nearly two years by the end of 2022. The National Retail Federation and Hackett Associates last week released their monthly Global Port Tracker, which found […]

June 14, 2022

Sam’s Club will start charging most members a $4 curbside-pickup fee after June 28. Free curbside pickup was traditionally reserved for Plus members, but the fee was waived “for a limited time” for Standard members in June 2020 in light […]

June 1, 2022

Amazon.com is slamming federal legislation that would bar the company from giving preference to its products over items sold by other sellers on its site. Brian Huseman, Amazon vice president of public policy, writes on a company blog that two […]

May 2, 2022

Anyone considering robbing a CVS pharmacy in Nevada might want to think twice, thanks to new technology implemented across the state to reduce retail crime. As part of an ongoing commitment to support law enforcement and help build safer communities, […]