Tag: Target

May 18, 2020

The retail sector’s roller-coaster ride continues. A slew of major U.S. retailers is scheduled to report earnings this week after a worse-than-expected drop in domestic sales in April. Investors looking to capitalize on any earnings moves might want to consider […]

May 8, 2020

In the race against Amazon and Walmart, Target is stepping up its same-day delivery tech to explore new ways to quickly deliver packages while lowering shipping costs. The big box retailer, which has remained open during the coronavirus pandemic, has […]

May 1, 2020

A Target worker in Virginia wearing his own mask, gloves and safety glasses said he felt helpless recently when customers swarmed him as he organized a clearance area. Another Target worker, a cashier in North Carolina, said he welcomed the […]

April 13, 2020

Retailers are starting to open drive-thru COVID-19 testing sites to the public for the first time. Are they ready? On March 13, the CEOs of Walmart, Target, CVS and Walgreens joined President Donald Trump in the Rose Garden to reveal […]

March 23, 2020

Walmart, Target and CVS are building on their worker relief efforts and keeping key positions staffed by offering associates higher pay. Walmart fulfillment center employees will see a temporary $2 bump to their hourly pay alongside bonuses for new hires, […]

March 10, 2020

A few years ago, Target launched a store specifically to showcase its connected home offerings. Now, it has converted the IoT-focused Target Open House into a new concept store specifically for techies of a different type — the next generation […]

March 4, 2020

Target’s March 3rd investor call recapping last year’s performance was almost as much about what the company said as it was about what was not said. Full-year revenue grew by 3.7% over last year and when compared to the general […]

January 15, 2020

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%. […]

December 18, 2019

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. […]

December 6, 2019

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 […]

November 18, 2019

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 […]

November 5, 2019

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 […]

October 28, 2019

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 […]

October 14, 2019

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 […]

October 11, 2019

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. […]

September 16, 2019

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 […]

September 5, 2019

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 […]

September 4, 2019

Coresight’s survey findings echo previous research indicating that consumers will continue shopping in-stores. A 2019 Shopkick survey found that 55% of Gen Z shoppers will do most of their shopping in-store, and 54% of Boomers will do the same. For […]

August 26, 2019

The Walt Disney Company and Target are collaborating to bring the Disney retail experience to Target stores and the website. The collaboration encompasses experiential retail and merchandising – including the launch of 25 Disney stores within select Target stores nationwide […]

August 23, 2019

Target is beginning to see the impact of its same-day digital fulfillment services. The retailer’s same-day services consist of in-store pickup; drive-up, now at more than 1,550 stores; and same-day delivery through Shipt. The three combined accounted for more than […]