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Tag: Target


Retail Types, Stores

Target shares plunge as holiday sales miss estimates on weakness in toys and electronics

January 15, 2020

Via: CNBC

Target had been expected to be a standout among retailers for holiday sales, but the big box retailer reported disappointing results Wednesday. Its shares tumbled 7% on the news. Walmart, which hasn’t reported holiday results, also traded lower, down 1.8%. […]


Others, Tech

Target leans on data science to solve ‘extremely large’ retail problems

December 18, 2019

Via: Retail Dive

Winners in the retail market are putting data to work. In the case of a national chain the size of Target, that means keeping tabs on an inventory of around 1 million products, then using data to ensure their availability. […]


Retail Types, Stores

Target deepens NYC presence with Times Square store plans

December 6, 2019

Via: Retail Dive

Target’s Time Square store represents a deepening into a market and format that hold a major opportunity for the retailer. The small store has created an inroad for Target into dense, urban markets, which largely remain a frontier for fellow […]


Customer Engagement, Customer Experience, Retail Trends

A roundup of retail holiday deals

November 18, 2019

Via: Retail Dive

Fourth quarter of 2019 is a make it or break it time for many retailers. This has been a record year for store closures. Credit Suisse recently said 7,600 stores have shut their doors — the highest in the index’s […]


Customer Experience, Loyalty Programs

Learning From Target’s New Loyalty Program

November 5, 2019

Via: Independent Retailer

Target recently announced plans to rolled out a new nationwide loyalty program, Target Circle, on October 6 for all consumers shopping at the retail giant. The program’s benefits include earning one percent on every Target purchase to redeem later, being […]


Retail Trends

Welcome back, Toys R Us. Your market is tougher than ever

October 28, 2019

Via: Retail Dive

What happens to a retail category when its largest retail specialist disappears? Toys offers perhaps the clearest answer to that question. This year’s holiday sales season marks the second without the big box version of Toys R Us. It could […]


Retail Trends

6 ways retailers can win the holidays

October 14, 2019

Via: Retail Dive

Even though it’s October, the holiday season is already in full swing. The importance of retail’s performance in the coming months can determine a company’s trajectory in a year where the industry has taken some big punches. Retailers have closed […]


Retail Trends

Retailers spent 6% less on holiday ads in 2018

October 11, 2019

Via: Retail Dive

It’s easy to see why retailers are spending more of their money on digital and social media ads. After all, a recent PwC report found that more than half of holiday shoppers will make their purchases online for the holidays. […]


FMCG products, Retail Types

Target looks to Good & Gather to define its grocery business

September 16, 2019

Via: Retail Dive

LAS VEGAS — When Target entered the grocery space just over a decade ago, the company saw incredible potential for growth and quickly turned it into a $15 billion business. But the rapid expansion into fresh food and beverage left […]


Suppliers

Target to suppliers: Keep tariffs to yourself

September 5, 2019

Via: Retail Dive

The U.S.-China trade war is starting to create a stark contrast between which suppliers and retailers have the power to shift the burden away from their own balance sheets and which do not. Target, which has an assortment dependent on […]