MINNEAPOLIS — Last May Cara Sylvester was appointed to the new position of chief guest experience officer for Target, a post that carries a staggering range of responsibilities. Her portfolio includes marketing; media and creative strategy; Target’s loyalty program, Target Circle; its in-house media company, Roundel; and e-commerce. If that were not enough, she also
NEW YORK — National retailers and local mom-and-pop shops across Denver, Colo. and Tucson, Ariz. are participating in the new ‘Bring Your Own Bag’ Pilot, a first-of-its-kind initiative launched by the Consortium to Reinvent the Retail Bag, managed by Closed Loop Partners. Many national brands in the U.S., including Consortium partners CVS Health; Target; DICK’S
WARREN, N.J. — The shared values of Haleon and Target Corp. have led to the launch of their second annual All for Wellness campaign advancing equitable health care. The 360° omnichannel initiative educates shoppers on disparities in the system, while delivering care to underserved communities through a partnership with the nonprofit Remote Area Medical (RAM).
MINNEAPOLIS — Target Corp. will spend up to $5 billion this year to secure its long-term growth potential. The investment will focus on helping the retailer deliver “affordable joy” to customers and renewing its focus on deal-conscious shoppers, the company said last month during its annual get-together with the financial community in New York. “Investments
MINNEAPOLIS — Target Corp. on Tuesday posted fourth quarter sales and earnings growth that topped Wall Street’s expectations, the first time it has done so in a year. But the retailer was also cautious about the coming year, with a same-store sales growth forecast ranging from a slight decline to a small increase. “We’re pleased
MINNEAPOLIS — Target plans to invest $100 million to expand its next-day delivery infrastructure, including by adding new sortation centers that make its store-as-hub delivery model more efficient. “The stores-as-hub model is really centered around this assumption that we can use the store in a guest’s local community to fill all their needs,” explains Sara
MINNEAPOLIS — Target Corp.’s shares fell in early trading on Wednesday, after the company reported softening sales and a drop in earnings for its fiscal third quarter. Target reported that its comparable sales increased 2.7% in the quarter, on top of 12.7% growth in last year’s quarter. That performance was led by growth in such
MINNEAPOLIS – Target Corp. today unveiled a new prototype for its larger-format stores that offers a more open layout for shoppers while adding a dramatically larger backroom fulfillment space to support online delivery and pickup orders. Stores with the new design will measure nearly 150,000 square feet, or more than 20,000 square feet larger than
MINNEAPOLIS — Target is teaming up with FAO Schwarz to raise its game in the toy category ahead of the holiday season. Target said Monday that, beginning in mid-October, FAO Schwarz toys will be available exclusively at Target stores, Target.com and FAO Schwarz stores. Target also announced that its 10th annual Bullseye’s Top Toys list
MINNEAPOLIS — Brian Cornell has committed to stay on as chairman and chief executive officer at Target for about three more years, beyond the retailer’s traditional retirement age of 65, the company said on Wednesday. But Arthur Valdez, executive vice president and chief supply chain and logistics officer, does plan to retire from Target. He
MINNEAPOLIS — Target Corp. is adding three new sortation centers in the next year to speed deliveries for shoppers in the greater Chicago and Denver metro areas. The centers (two in Chicago, one in Denver) will also allow employees to work more efficiently and lower shipping costs, according to a post on the company’s website.
MINNEAPOLIS — Target Corp. recently completed its 1,000th store remodel, a milestone that represents the halfway point in a strategy announced five years ago to reimagine the ways it serves guests through innovative store design and renovations. In commemorating the milestone, Target noted in a post last month on its “Bullseye View” blog that stores