MINNEAPOLIS – Target has has enlisted actress Kristen Wiig to reprise her role as the iconic Target Lady in a national advertising campaign to support its Target Circle Week promotion. Scheduled for April 7-13, the promotion promises twice the amount of savings compared to its fall iteration, according to the retailer, which says that this
MINNEAPOLIS — Target Corp. achieved stunning profit growth in fiscal 2023 despite continued soft sales that ameliorated somewhat over the second half. Looking to the future, management expects to reignite growth by reinforcing, refining and enhancing the strengths that have driven top- and bottom-line expansion for the retailer over the past decade. No strategic reset
MINNEAPOLIS — Kiera Fernandez was promoted to executive vice president and chief community impact and equity officer of Target last October. Her new role gives her oversight of external stakeholder engagement as well as the retailer’s diversity, equity and inclusion strategy and corporate philanthropy efforts, including the Target Foundation. Fernandez, who reports to Matt Zabel,
MINNEAPOLIS — Christina Hennington was named Target’s chief growth officer in February 2021, capping an impressive career with the retailer that began in 2003 as a buyer and that has seen her rise through a succession of merchandising leadership roles. In her current position, Hennington leads the merchant teams responsible for Target’s five key merchandising
MINNEAPOLIS — In the last several years, Target has reshuffled the top echelon of its merchandising leadership, shifting responsibility for different segments of the retailer’s offerings to its most gifted executives as its business has rapidly evolved. The most recent reorganization occurred in January, with Jill Sando, who had been named chief merchandising officer for
MINNEAPOLIS — Like her colleague Christina Hennington, Cara Sylvester brought a highly impressive resumé when she joined Target in 2007. Like Hennington, she had earned an MBA degree from the prestigious Kellogg School of Management at Northwestern University, and she joined Target from the consulting world, having worked at Deloitte Consulting in Chicago for six
MINNEAPOLIS—As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360. The program, set to launch on April 7, includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day shipping, access
MINNEAPOLIS — Target reported fourth-quarter sales and earnings that beat analyst expectations, boosting its shares in pre-market trading. But total sales for the year declined, the company said. Target reported that GAAP and adjusted earnings per share of $2.98 was 57.6% higher than last year, and well-above the high end of the expected range of
MINNEAPOLIS — Target this month introduced Dealworthy, a private label line of everyday essentials with prices starting at $1. The original lineup will be supplemented over the coming months and ultimately will include nearly 400 items spanning four categories: apparel and accessories; essentials and beauty; electronics; and home products. Most items will be priced under
MINNEAPOLIS — Target is launching a limited-time-only collection with Diane von Furstenberg. The line, which spans apparel and home fashions, will be available in Target stores and on Target.com beginning on March 23. The Diane von Furstenberg for Target collection is a collaboration between the iconic fashion designer and her granddaughter, Talita von Furstenberg, and will
MINNEAPOLIS — Target Corp. today introduced a new low-price owned brand, dealworthy, that promises “incredible value” on nearly 400 everyday basic items. The new line allows the retailer to offer its shoppers more affordable options, with prices starting at less than $1, while strengthening its portfolio of owned brands. “With the introduction of our newest
MINNEAPOLIS — Target Corp. is introducing more than 1,000 new wellness-related products starting at just $1.99 to support shoppers without stretching their budgets. From apparel and accessories to supplements, vitamins and the latest tech, Target is offering its guests one-stop-shopping. “Wellness has been redefined to encompass a more holistic way of living — and it’s