October 28, 2019 by MMR
Target Corp., Toys ‘R’ Us
2019, Issue 10-28-2019, Issues
MINNEAPOLIS — Former rivals Target Corp. and Toys ‘R’ Us are partnering this holiday season, part of the toy retailer’s bid for a comeback under new owners after going bankrupt in 2017 and closing its stores. Under terms of the deal, visitors to a newly launched toysrus.com website who want to buy something will click
August 26, 2019 by MMR
Target Corp., Walt Disney
Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. will create Disney-themed sections in 25 of its stores in October — with 40 more slated for next year — offering merchandise from Walt Disney Co. franchises including Pixel, Marvel and Star Wars. In addition, Target will open a new store near the entrance of Walt Disney World in Orlando, Fla.,
August 21, 2019 by MMR
Target Corp., Target Corp. Brian Cornell
Leading Headlines, Money, Retail News
MINNEAPOLIS — Target Corp. released its second-quarter earnings report on Wednesday, showing strong growth in all areas. For the quarter, Target saw its comparable sales increase by 3.4%, which it said was driven by a 2.4% growth in traffic. Its comparable sales have continued to be up about 10 percent over the last two years.
August 19, 2019 by MMR
Good & Gather, owned brand, owned brands, Target Corp.
Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. on Monday announced the introduction of a new owned food and beverage brand called Good & Gather. The new line will be available in stores and online on Target.com for same-day delivery beginning September 15. “Our guests are incredibly busy and want great-tasting food they can feel good about feeding their
August 1, 2019 by MMR
Anniversary Collection, Mark Tritton, Target, Target Corp., Target.com
Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. plans to celebrate the 20th anniversary of its first designer partnership this fall by bringing back past customer favorites for a limited time. The retailer said Thursday that it will bring back nearly 300 original items from 20 past designer partnerships. The limited-edition collection spans apparel, accessories, home décor and kitchen
July 22, 2019 by MMR
college campuses, small-format stores, Target Corp.
2019, Issue 07-22-2019, Issues
MINNEAPOLIS — Target Corp. is making it easier for many college students to shop and get everything they need with the small-format stores the company is opening on college campuses across the country. Last year, Target opened 10 new small-format stores on or near college campuses, bringing the total to nearly two dozen campus stores
July 15, 2019 by MMR
Facebook, Hari Govind, Microsoft, Mike McNamara, Target chief information officer Mike McNamara, Target Corp.
Leading Headlines, People, Retail News
MINNEAPOLIS — Target Corp. has named Hari Govind senior vice president of infrastructure and operations for the company’s technology team. Govind’s responsibilities will include overseeing cloud-and-compute capabilities, network connectivity and operations for the technology that powers Target’s stores, digital channels, distribution centers and office locations. He will report to Mike McNamara, Target’s executive vice president
May 9, 2019 by MMR
Albertsons Cos., Bartell Drug, Bob Miller, CEO Brian Cornell, CVS Health, Dollar General, Jeff Owen, Joe Hartsig, Larry Merlo, Retailer of the Year, Target Corp., Walgreens
Featured Articles, Leading Headlines, Retail News, Slideshows
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work
March 25, 2019 by MMR
Bill Smith, Kelly Caruso, Shipt, Target Corp.
2019, Issue 3-25-2019, Issues
MINNEAPOLIS — Target Corp. has tapped Kelly Caruso to serve as chief executive officer of Shipt, the same-day delivery company Target acquired in 2017. She succeeds Bill Smith, Shipt’s founder, who is leaving his post to pursue other opportunities but will continue to serve as an adviser to the company. Caruso most recently served as
March 5, 2019 by MMR
fourth quarter, Target Corp.
Featured Articles, Leading Headlines, Money
MINNEAPOLIS — Target Corp. said a strong performance in the holiday period capped off its best year for comparable sales growth in a decade. Fourth quarter same-store sales rose 5.3% on traffic growth of 4.5%, the company said Tuesday in releasing fourth quarter and full-year financial results. Full-year same-store sales grew 5%, its strongest performance
January 28, 2019 by MMR
Big Show, National Retail Federation, Target Corp.
2019, Issue 1-28-2019, Issues
NEW YORK — The past year was a good one for the retail industry, and a really good one for Target Corp. Speaking at the National Retail Federation’s recent Big Show convention here, Target chairman and chief executive officer Brian Cornell noted that during the recent holiday season his company posted its best sales in
January 14, 2019 by MMR
Brian Cornell, MMR, Retailer of the Year, Target Corp.
2019, Featured Articles, Issue 01-14-2019, Issues, Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. is hitting the bullseye. Target headed into the 2018 holiday season bolstered by a strong third quarter performance that included a 5.1% increase in comparable sales, a 49% gain in digital channel sales and a 5.3% increase in customer traffic. Total revenue for the three months ended November 3 was $17.8