PLEASANT PRAIRIE, Wis. — The Blue Guard Eye Health supplement from Quest Products is now available at Target.com and in the eye care section at all Target stores nationwide. “With people spending more and more of their time looking at glowing screens on digital devices, we knew it was time for a product that protected
MINNEAPOLIS — Target Corp. has purchased online same-day delivery platform Shipt Inc. for $550 million. The discounter will leverage its store network and Shipt’s proprietary technology platform and community of shoppers to provide same-day delivery across the country. The acquisition will accelerate Target’s digital fulfillment efforts, bringing same-day delivery services to approximately half of its
MINNEAPOLIS — Target Corp. announced Wednesday that it has agreed to acquire the same-day delivery company Shipt Inc. for $550 million in cash. The retailer said Shipt’s technology platform and its community of professional shoppers, together with Target’s own network of stores, will allow it to quickly and efficiently phase in same-day delivery throughout the
MINNEAPOLIS — Target Corp.’s third quarter sales and earnings beat expectations, and the company said it is upbeat about its prospects for the holiday season. But the company’s fourth quarter profit outlook disappointed Wall Street, sending its shares down in early trading on Wednesday. Target forecast adjusted earnings of $1.05 to $1.25 per share for
MINNEAPOLIS — Target says its ability to use its store network to get online orders faster, together with the compelling new brands it has on offer, should translate into a strong sales in the upcoming holiday season. The retailer pointed out in a blog post Monday that it offers online shoppers a number of ways
MINNEAPOLIS — Target Corp. has long prided itself on having a merchandise offering that sets it apart from its peers and has won it the loyalty of millions of American shoppers. Curating that collection of products, both for Target’s different-sized stores and its digital platforms, is the responsibility of Mark Tritton, and it is one
New York — Target Corp. held a ribbon cutting ceremony Thursday night for a new small-format store located directly across the street from the flagship Macy’s department store in Midtown Manhattan. The new Herald Square store, which officially opens to the public on Friday morning, is one of 11 small-format stores Target is opening across
HUNTSVILLE, Ala. — The Mane Choice is introducing its Heavenly Halo collection of hair care products specifically formulated to promote hydration. The six-product line will be available exclusively at Target. According to Mane Choice founder Courtney Adeleye, the products are “physician-formulated with biotin, vitamins and essential nutrients. Plus, they’re highly beneficial for all hair types.”
MINNEAPOLIS — Target Corp. has tapped Minsok Pak to serve as executive vice president and chief strategy and innovation officer. In that post Pak will oversee Target’s enterprise strategy development and retail innovation. “Minsok brings deep business acumen and proven leadership capabilities to Target,” commented Target chairman and chief executive officer Brian Cornell. “Throughout his
NEW YORK —Target on Monday announced plans to open a 43,000-square-foot small-format store in Manhattan’s Herald Square, across the street from Macy’s flagship store and just one block from the commuter hub at Penn Station. The new store is set to open in October, and will be one of 30 stores Target plans to open
Walmart appears to be recovering from the doldrums that surrounded it for the past two years. New, younger, revitalized management, a course correction that successfully abandoned a set of policies and procedures that never captured the hearts and minds of Walmart shoppers, and a return to the basics that had long guided Walmart customers have
NEW YORK — Target executives have announced plans to invest $7 billion over the next three years in an effort to win back the hearts of consumers after a disappointing 2016 that saw sales and net earnings fall. In its meeting with the financial community Tuesday, the retailer’s leaders said Target will “reimagine” about 600