March 25, 2024 by MMR
fiscal 2023, growth, Target
2024, Issue 03-25-2024
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
March 6, 2024 by MMR
Brian Cornell, Target, Target chairman and CEO Brian Cornell, Target Circle
Featured Articles, Leading Headlines, Retail News
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
March 5, 2024 by MMR
Brian Cornell, fourth quarter, Q4, Target, Target chairman and CEO Brian Cornell
Featured Articles, Leading Headlines, Money, Retail News
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
February 26, 2024 by MMR
dealworthy, Target
2024, Issue 02-26-2024
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
February 21, 2024 by MMR
Diane von Furstenberg, Jill Sando, Target
Leading Headlines, Retail News
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
February 15, 2024 by MMR
dealworthy, owned brand, Rick Gomez, Target
Featured Articles, Leading Headlines, Retail News
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
January 24, 2024 by MMR
Target, wellness products
Featured Articles, Leading Headlines, Retail News, Supplier News
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
January 18, 2024 by smeyer
Christina Hennington, Don Liu, Jill Sando, Michael Fiddelke, Rick Gomez, Target
Leading Headlines, People, Retail News
MINNEAPOLIS — Target Corp. announced Thursday that Michael Fiddelke, who has served as the retailer’s chief financial officer since Nov. 1, 2019, has been named chief operating officer, effective Feb. 4, 2024. Until his replacement is named, Fiddelke will continue to serve as chief financial officer for the company. As chief operating officer, Fiddelke will oversee the retailer’s nearly
November 27, 2023 by MMR
Target, third quarter
Issue 11-27-2023
MINNEAPOLIS — Target Corp. posted better-than-expected earnings for its fiscal third quarter despite another decline in comparable-store sales. Shoppers remain cautious, the company said, but did spend for necessities like food, school supplies and beauty aids. Comparable sales were down 4.9% in the three months to October 28. In-store comps declined 4.6% while digital comps
October 9, 2023 by MMR
organized retail theft, Target
Issue 10-09-2023
MINNEAPOLIS — Target Corp. is closing nine stores in four states later this month, saying theft and organized retail crime are making the locations unsustainable and threatening the safety of employees and customers. Target set October 21 as the closing date for one store in Manhattan, two in Seattle, three in the Bay Area and
September 19, 2023 by MMR
holiday, Target
Leading Headlines, Retail News, Uncategorized
MINNEAPOLIS — Target plans to woo holiday shoppers with special deals, unique merchandise and an easy shopping experience, the retailer said Tuesday. “This is a time the Target team shines, and we’re ready to deliver affordability, inspiration and convenience to help our guests celebrate holiday traditions with loved ones,” says Christina Hennington, chief growth officer, Target.
August 10, 2023 by MMR
Jack Carlson, Jill Sando, Rowing Blazers, Rowing Blazers x Target, Target
Leading Headlines, Retail News
MINNEAPOLIS — Target Corp. has teamed with Rowing Blazers, a brand known for its contemporary interpretation of classic American style, on a collection of products for fall that includes apparel, accessories, home goods, outdoor play items, and even pet products. The collection is described as a fusion of trendy designs and timeless influences, reflecting Rowing