Tag: Target

November 18, 2020

Target on Wednesday reported fiscal third-quarter earnings that easily outpaced analysts’ estimates as the discount retailer won market share by turning shoppers’ pandemic habits into lasting gains. The company said it grabbed market share across all of its core categories, […]

November 12, 2020

A Target store near its Minneapolis headquarters gained national attention in May when it was looted after the videotaped death of George Floyd drew national attention to excessive force by law enforcement officers in Black communities and racial inequality across […]

November 11, 2020

Wow, suddenly everybody is running Black Friday ads. All that advance advertising is a sure way to kill a good idea. Remember when Bloomingdale’s invited you to a Friends and Family event? You felt honored to be included and shopped […]

November 11, 2020

Target TGT +0.7% and Ulta Beauty’s strategic partnership, which was announced simultaneously by both companies in a joint press release, will benefit each company significantly. The agreement, which did not specify a length of time for the partnership, will include […]

October 26, 2020

The core fundamentals of assuring a positive curbside and in-store pickup experience are: having a designated pickup location, easy online account creation, providing contactless order pickup and having orders ready when promised, according to a study from Ipsos. The study, […]

October 22, 2020

As the coronavirus pandemic and holiday season collide, Target said Thursday is is rolling out new measures over the next few weeks to put shoppers at ease. It will double the number of parking spots dedicated to curbside pickup. Customers […]

September 25, 2020

In a holiday season defined by the continued spread of COVID-19, Target clearly anticipates customers will keep leaning on same-day options as they try to minimize time spent in indoor public spaces. During the second quarter, Target’s same-day services (Pick […]

September 22, 2020

This year’s holiday season spending could be similar to last year’s, with 60% of consumers saying they will “spend about the same,” according to BlackFriday.com’s findings. That result falls in line with a recent Deloitte report estimating that retail holiday […]

September 11, 2020

The year 2020 has been great for Target from a sales standpoint. It has not, however, been a banner year for the retailer’s Minneapolis hometown, which found itself at the center of a national movement for racial equality and police […]

August 24, 2020

This coming holiday season is expected to see the earliest promotions ever, although many of the reasons are tied to the pandemic rather than getting a jump on the competition. Target plans to start holiday promotions in October to support […]

August 24, 2020

One of the more jaw-dropping retail statistics of the past few months is the more than 400% increase in Walmart shopping app downloads. Target and other big box stores experienced triple-digit jumps as well. Meanwhile, Amazon has had several pains […]

August 20, 2020

Toys R Us is now using Amazon to power its ecommerce operations as it quietly ends its partnership with rival Target. Ahead of the holiday season last year, the recently resurrected Toys R Us announced a new partnership with Target […]

August 20, 2020

Target was focused on becoming the easiest place to shop for Americans well before the novel coronavirus pandemic changed so much of how they live their lives. When COVID-19 hit, Target used its same-day services and local fulfillment options to […]

July 22, 2020

America has a plastic bag waste problem. Less than 10 percent of the estimated 100 billion plastic bags used in the country are recycled. What’s left is often found on the sides of roads, in waterways and in landfills. The […]

July 17, 2020

Over the last few days, numerous retail companies have made it mandatory for their shoppers to wear masks. Walmart, Target, Best Buy, Starbucks and countless others have all made some declaration in one way, shape, or form. Political leanings aside, […]

July 2, 2020

As consumers have navigated their way through stay-at-home and social distancing restrictions during the pandemic, a new study says Amazon’s web traffic has soared, but other retailers are up even more. Traffic to the sites of some of the biggest […]

June 19, 2020

With millions of Americans having filed for unemployment since March, it’s hard to say that the tight job market that favored workers just a few months ago will come back any time soon. Even with the odds seemingly favoring employers […]

June 17, 2020

Target said Wednesday it is raising its minimum wage to $15 per hour and will give all hourly employees a one-time bonus of $200. The $2 per hour raise will apply to employees at stores and distribution centers, beginning July […]

May 22, 2020

When Instagram debuted its in-app checkout feature in March 2019, it enlisted more than 20 brands, including Adidas, Nike, Zara and Warby Parker. The feature went on to be a pivotal channel for brands to directly capitalize on their followership. […]

May 22, 2020

The coronavirus pandemic (COVID-19) will haunt management of Walmart and Target TGT forever. Both companies cancelled their earnings guidance since nobody knows how long the scourge will keep us rooted to our homes. The situation created an extraordinary opportunity for […]