Retail News Timeline
Target
Target Corporation is one of America’s leading retailers, operating stores nationwide and offering a curated mix of quality products at accessible prices. This comprehensive archive documents RetailWire’s coverage of Target from 2004-2025, including news articles, strategic initiatives, and community discussions.
844
Total Articles
22 Years
Coverage Span
2004-2025
Date Range
Coverage Timeline Visualizer
58
2004
29
2005
44
2006
29
2007
35
2008
45
2009
60
2010
60
2011
67
2012
62
2013
68
2014
54
2015
21
2016
6
2017
4
2018
6
2019
21
2020
46
2021
29
2022
27
2023
29
2024
35
2025
Peak coverage: 2014 (68 articles) | Click any bar to jump to that year
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2025
35 articles
June 9, 2025
Target DEI Fallout Was ‘Manufactured Outrage,’ According to New Report
The so-called Target DEI fallout was, according to a new report, a technological gimmick.
June 5, 2025
Target Offers Gamers Exclusive Nintendo Switch 2 Launch Experiences
Target is offering gamers exclusive in-store Nintendo Switch 2 experiences as the console officially launches.
May 30, 2025
Target Fires 2 Executives Who Supported DEI Causes, Further Adding to Sales Woes
Target continues to make clear that DEI is not a priority.
May 21, 2025
Target Warns of Potential Price Hikes After First-Quarter Sales Decline
Target may need to increase prices as it tries to absorb tariff costs.
May 16, 2025
Target Says ‘Hello Summer’ With 10,000 New Wallet-Friendly Essentials — Starting at Just $1
Target welcomes summer with the debut of thousands of low-cost seasonal essentials.
May 9, 2025
Target’s Newest Viral Tote Bag Is a Bogg Bag Dupe, Perfect for Mother’s Day Gifting
Target’s Sun Squad branded bag looks just like its pricier Bogg Bag cousin.
May 8, 2025
What’s Happening to Target’s Self-Checkout? Here’s the Truth
Are Target’s self-checkout lines set to be a thing of the past? The retailer has released an update to its plans for the self-service kiosks.
May 7, 2025
Mother’s Day Just Got Better With Target’s Can’t-Miss Deals
Target has everything shoppers need to spoil Mom on Mother’s Day.
May 2, 2025
Target’s Beloved Pet Brand Boots & Barkley Gets Tail-Wagging Relaunch
Target has relaunched its beloved pet brand Boots and Barkley with a new look and more than 150 new items.
April 27, 2025
Target Boycott Continues as Metro Atlanta Town Hall Calls for Full-Scale Shutdown of Retailer
The Target boycott continues unabated.
April 25, 2025
Target and Parachute Unveil Chic, Affordable Home Must-Haves
Target has partnered with beloved home brand Parachute for an affordable home collection featuring luxurious bedding and bath essentials.
April 23, 2025
Target Debuts New Fresh Flower Brand Good Little Garden
Good Little Garden, Target’s new fresh floral brand, is making its in-store debut.
April 21, 2025
Target CEO Meets With Rev. Al Sharpton Amid Mounting Pressure After DEI Pullback
Target is scrambling to stop the proverbial bleeding.
April 17, 2025
Target Baby Food Recall: Over 25,000 Tubs of Popular Baby Food Recalled for Lead Contamination
Target is under fire again.
April 15, 2025
7-Eleven To Open 1,300 New Stores in North America by 2030, Still on Target for 2026 IPO
7-Eleven is set for a number of store openings and a continued refocus on food offerings.
April 14, 2025
Target Foot Traffic Down for the 10th Consecutive Week Amidst DEI Fallout. Here Are the Details
Target continues to feel the consumer heat.
April 11, 2025
Target Expands Grocery Offerings Through ButcherBox Collaboration
Target partnered with ButcherBox so customers can try the product without a subscription.
April 8, 2025
Target Throws It Way Back to 1977 With New Spring Campaign
Target features a fun throwback song as the cornerstone of its spring campaign.
April 2, 2025
Target Drops Kate Spade Collaboration: Largest Limited-Time Collections to Date
Target and Kate Spade have launched a limited collaboration beginning April 12.
March 28, 2025
Target DEI Rollback Results in Financial Fallout for Employees
The Target boycott is starting to have a financial effect.
March 21, 2025
Target Expands Baby Selection With Over 2,000 New Products
Looking for all your baby essentials? Target has your back.
March 5, 2025
Target Elevates Home Dining With Good & Gather Chef Collaborations
Ann Kim is featured in the first collaboration of Target’s Good & Gather chef-inspired meals.
March 4, 2025
Target and Best Buy Warn Customers of Incoming High Prices Over Trump Tariffs
Best Buy and Target are warning of imminent and perhaps prolonged price hikes as a result of President Trump’s tariffs.
February 28, 2025
Target and Warby Parker Team up for In-Store Eyewear Shops
Target is teaming up with the leading eyeglass retailer to deliver affordable eyewear to customers.
February 27, 2025
Target and Champion Launch 500-Piece Collaboration
Target and Champion united for an exclusive collaboration to arrive in store and online in August.
February 23, 2025
Target Continues To Experience DEI Rollback Fallout. Here’s the Latest Group To Call for a Boycott
Target’s decision to roll back DEI has proven costly for them.
February 21, 2025
Target Faces DEI Lawsuit From State of Florida, AG Claims Retailer ‘Knowingly Misled and Defrauded’ Investors
Target is now facing another lawsuit over DEI concerns related to its Pride Month collection of 2023.
February 17, 2025
Target Just Dropped 2,000 New Beauty Finds at Wallet-Friendly Prices
Target fans will find even more beauty bargains with wallet-friendly prices after this new drop.
February 5, 2025
Target Faces Class Action Lawsuit for Its DEI Policy’s Risks as Investors Claim They Were Deceived
Target is continuing to feel the fallout of its diversity rollback.
January 25, 2025
Target Rolls Back Its DEI Initiatives
Target is the latest company to roll back DEI following a Trump executive order.
January 16, 2025
Target Triumphs With Unexpected Holiday Sales Surge but Struggles To Boost Profits
Target predicts decent sales gains for the fourth quarter.
January 14, 2025
Ice Cream Recall: Popular Brand Sold at Target, Wegmans, More Recalled for Undeclared Allergen
A nationwide ice cream recall is in effect.
January 10, 2025
Target Shoppers Looking for More Organic Produce Items
Target shoppers are looking for more organic produce options than ever.
January 9, 2025
Target Adds Over 2,000 Wellness Products, More Than Half Priced at Under $10
Target is lining up for a serious push in the wellness category.
January 1, 2025
Target Under Fire for Valentine’s Day Decorations Despite 2024 Not Being Over
Target started selling Valentine’s Day mugs almost immediately after Christmas.
2024
29 articles
December 25, 2024
Blake Lively’s Target Hair Care Line Tanked in Sales by 78% After a Smear Campaign, Lawsuit Alleges
Blake Lively’s Target hair care line reportedly took a hit in sales.
December 17, 2024
True Classic Partners With Target, Selling T-Shirts in 460 Stores
True Classic is expanding its retail reach by partnering with Target.
December 11, 2024
Target Debuts New Bullseye Gift Finder, an AI Product Recommendation Tool
Target’s new Bullseye Gift Finder can make the customer experience even easier.
December 9, 2024
Target Revealed the First-Week Taylor Swift Book Numbers, and They’re Quite Impressive
Target and Taylor Swift paired for a unique collaboration.
November 26, 2024
Target Adds Exclusive Bogg Tote Bags to Its Lineup of Must-Have Holiday Items
The limited-edition Bogg Bag sports Target’s Bullseye logo.
November 20, 2024
Target Takes a Hit: Retail Giant’s Q3 Earnings Fall Short
Target’s poor results for Q3 2024 were likely caused by extra supply chain costs and restrained consumer spending.
November 18, 2024
Target Extends Store Hours for the Holiday Season
Target is extending its store hours for the holidays, giving customers more time to shop.
November 15, 2024
Target’s New ‘Hot’ Santa, Kris, Debuts in Cheeky Holiday Ads
New Target ads feature a hot, modernized take on Santa Claus.
October 31, 2024
Target Kicks Off Black Friday Sales Earlier Than Ever Before
It’s time for holiday shopping, and Target is making gift-giving more affordable than ever.
October 29, 2024
Target’s Thanksgiving Meal Is $5 Cheaper Than 2023
Target is helping families get their Thanksgiving meals on the table faster, cheaper, and with less stress.
October 22, 2024
Target Cuts Prices on 2,000 Items Just in Time for the Holidays
By the end of the year, Target will have slashed prices on over 10,000 products.
October 18, 2024
Target Drops 2 Taylor Swift Black Friday Exclusives
These releases continue a longstanding relationship between Taylor Swift and Target.
October 14, 2024
‘Wicked’ Stanley Cups Sell Out at Target
The Target cups representing the lead characters of the film are already sold out online.
October 5, 2024
Target Circle Week Launches October 6. Here’s What You Need to Know
Target Circle Week takes place every year.
September 17, 2024
Target Hiring 100K Seasonal Staff Members for Holidays
The application process begins Sept. 25, 2024.
August 26, 2024
Target’s 4-Word Core Strategy Aims To Win Over Customers From Walmart
It comes down to a four-word strategy that the brand is implementing to woo customers from Walmart.
August 21, 2024
Target Sees Increased Profit and Customer Traffic in Q2 After Reducing Prices
Retail giant Target adjusted its annual profit forecast higher after a strong second quarter.
August 14, 2024
Blake Lively Debuts Hair Care Line at Target: Is it a Hit or Miss?
Superstar Blake Lively has branched out into the hair care sphere.
August 5, 2024
‘Shark Tank’ Alum Wins Big at Target With Sustainable Diaper Brand Kudos
A new mother found success with an idea for a better diaper in a market saturated with plastic items.
July 8, 2024
Target Circle Week Deals: What We Know
Target Circle Week is one of the most popular shopping weeks of the year.
May 2, 2024
Amazon, Target, and Others Pull Weighted Baby Sleep Blankets From Shelves
These baby products raise safety concerns.
April 9, 2024
Target Circle Week Promises Two Times the Savings to Shoppers, and Kristen Wiig Too
Target Circle week promises to deliver two times the savings to shoppers.
April 1, 2024
Parents Cash in on Target’s Generous Returns Policy for Cat & Jack Kids Clothes
Some parents have been taking advantage of Target’s generous returns policy on its Cat & Jack kids’ items to save money.
March 15, 2024
Missing 12-Year-Old Boy Spent the Night Alone in an Ohio Target
A 12-year-old boy was found alone in a Target store in Blacklick, Ohio, before it opened for business on March 11.
February 16, 2024
Target Creates Low-Cost Brand, dealworthy
A new low-cost Target brand has been introduced, some with a price point of less than $1.
February 14, 2024
Target Reducing Self-Checkout Hours in Certain Stores To Fight Missing Inventory
Challenges with Target’s self-checkout lanes continue as the retailer is cutting down the hours of operation at some of its stores.
February 5, 2024
Target Withdraws Black History Item for Misidentifying Civil Rights Leaders
High school history teacher from Las Vegas makes a viral TikTok video about an item misidentifying Black leaders.
January 23, 2024
Target Workers Terminated for Buying Popular Stanley Cups
A limited-edition Stanley Quencher cup was briefly on sale at Target for $50, but some employees are paying a bigger price for them.
January 22, 2024
Russian Hackers Target Microsoft Senior Leadership Emails
Microsoft has revealed that some of its corporate email accounts were breached, and the data was stolen by a Russian state-sponsored hacking group known as Midnight Blizzard.
2023
27 articles
October 10, 2023
Target Cites Retail Theft for Store Closures, But Crime Stats Paint a Complex Picture
Target’s recent announcement of store closures attributed to theft raises questions, as crime data doesn’t fully support this claim. While incidents of nonviolent shoplifting or violent robberies are not distinctly higher in closing stores compared to those staying open, the company maintains that theft has led to a significant increase in missing inventory. This move highlights growing concerns about the safety of shoppers and employees in retail spaces.
October 3, 2023
As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft
H&M is ramping up security measures in its U.S. stores due to the increasing issue of shoplifting, a problem affecting the entire industry. The fast-fashion retailer is focusing on developing fresh strategies to tackle the rising problem. This move comes as other major retailers like Target, Walmart, and Home Depot have also been grappling with significant losses due to retail theft, with Target announcing the closure of nine stores due to unsafe working conditions for employees and an “unsustainable” business environment.
September 26, 2023
Target Says It’s Closing 9 Stores Because of Surging Retail Thefts
Retail giant Target has announced the closure of nine stores across four states due to a surge in theft and organized retail crime, which has compromised the safety of employees and customers. The affected stores — three in San Francisco, three in Portland, two in Seattle, and one in New York City — will cease operations on Oct. 21. Target had previously implemented security measures, including hiring additional guards, in an effort to curb theft, but the challenges persisted, prompting the decision to shut down these locations.
September 14, 2023
Target Strikes Deal With Jeweler Kendra Scott as It Gets Ready for Holiday Season
Target has announced a long-term strategic partnership with jewelry designer Kendra Scott, introducing exclusive collections of earrings, bracelets, and more in preparation for the holiday season. The colorful jewelry, with most items priced below $40, will be available online and in around 150 Target stores starting on October 22. This move is part of Target’s efforts to rejuvenate sales amid challenges like slower apparel sales and public backlash over its Pride merchandise collection.
September 12, 2023
Instacart to Target Valuation of up to $9.3 Billion in IPO, Source Says
Instacart, the grocery delivery service, is aiming for an initial public offering (IPO) valuation between $8.6 billion and $9.3 billion, a significant drop from its 2021 valuation of $39 billion. The new figures will be disclosed in an updated IPO filing. This move comes as part of a broader trend of high-profile companies, including Arm Holdings and Klaviyo, testing the market’s appetite for new listings.
August 29, 2023
Target Employees Like the Company’s Higher Wages and Benefits, but Some Say It’s One of the Most Stressful Retail Jobs
While Target is known for offering competitive wages and benefits, current and former employees have highlighted some challenges and drawbacks of working at the retail giant. Many workers feel that the demands and expectations of the job go beyond what’s typically expected in a retail role, often involving multitasking and adapting to various tasks due to a lean-staffing model. Additionally, employees have mentioned challenges in accessing benefits and education programs, as well as dealing with difficult customers who may not treat employees with respect. Despite these challenges, the camaraderie among team members is often cited as a positive aspect of […]
August 28, 2023
Businesses Are Pressuring Target To Force Its Employees To Return to the Office — And It’s More Evidence That Companies Can’t Win in the Remote Work Wars
Target is maintaining a flexible hybrid work schedule for employees at its headquarters, allowing for a “flex your day” approach where workers can follow a hybrid schedule instead of a fixed office presence. This policy has drawn criticism from local businesses in downtown Minneapolis, Target’s hometown, as they experience reduced foot traffic due to remote work. Unlike companies like Amazon and Meta that are enforcing stricter return-to-office mandates, Target’s approach is seen as more lenient, but it has also led to concerns about its impact on local businesses and workforce diversity.
August 17, 2023
Shoppers Are Spending Big at T.J. Maxx, HomeGoods as Target Sales Slide
TJX Cos., the parent company of T.J. Maxx, Marshalls, and HomeGoods, reported a 7.7% year-over-year increase in sales and a 23% rise in profits for the fiscal second quarter. The company benefited from strong customer traffic and the availability of premium merchandise obtained from higher-end retailers looking to reduce their bloated inventories. In contrast, Target reported a pullback in spending on discretionary items like clothing and home decor, and it lowered its full-year forecast due to consumer pressures from high inflation in food, beverages, and household essentials.
August 17, 2023
Target Pride Backlash Adds to Sales Woes as Culture Wars Rage in Corporate America
Target CEO Brian Cornell revealed that the backlash to the retailer’s Pride merchandise contributed to the company’s disappointing quarterly results. The negative reaction, which included customer intimidation and damage to merchandise, led Target to remove some items from the Pride collection. Cornell defended the company’s decision to celebrate Pride month but acknowledged the challenges companies face in navigating diversity and inclusion efforts in the face of conservative backlash.
August 15, 2023
Target Set to Post First Quarterly Revenue Drop In Six Years as Consumers Cut Spending
Target is expected to report its first quarterly drop in revenue in about six years due to a shift in consumer spending away from discretionary goods to services, such as travel and entertainment. This change has led to reduced spending on nonessential purchases like clothing and home goods, impacting Target’s business model. The company’s focus on discretionary items like clothes, electronics, and beauty products, along with recent controversies like backlash over its Pride collection, is anticipated to affect its second-quarter sales.
August 10, 2023
Target Will Now Let You Add Starbucks to Your Curbside Delivery Order, but There’s a Catch — You Have To Buy Something From Target
Target is introducing an option for customers to order Starbucks food and beverages for curbside delivery through its Drive Up service. This feature is being rolled out nationwide after a year of testing in select stores. Customers ordering Starbucks items for curbside pickup will also need to purchase a Target product, which appears to be a strategy to manage Starbucks order volumes and potentially boost overall sales for the retailer.
August 3, 2023
DoorDash Lifts Core Profit Target for Second Time on Higher Orders
DoorDash has raised its annual core profit forecast for the second time and reported upbeat quarterly revenue due to increased demand for groceries and food orders. The delivery firm’s revenue reached its highest level since its IPO in December 2020, as people continue to buy from home even after the pandemic, attracted by promotions, deals, and free deliveries offered by DoorDash and its competitors. DoorDash’s total orders rose 25% to 532 million from a year earlier, indicating the continued preference for convenience over price among consumers.
July 17, 2023
Target workers can wear shorts now, and they’re thrilled about it
Target has updated its dress code to allow most store employees to wear shorts to work. Previously, only cart attendants and drive-up fulfillment workers were allowed to wear shorts. The change comes after the U.S. experienced triple-digit heat waves and record-high global temperatures. Employees are still required to wear a full-length shirt with sleeves, preferably in red, and the company provides red vests to wear during a shift.
July 12, 2023
Student-loan holders will soon have $300 less to spend each month. That could be bad news for Target and Dick’s.
The resumption of student loan payments in October is expected to impact consumer spending, with economists anticipating a slowdown as borrowers adjust their budgets. According to Morgan Stanley analysts, retailers with high exposure to student loan holders in discretionary categories, such as Target and Dick’s Sporting Goods, may face greater risks, while retailers like Walmart and dollar stores may be more insulated. Shoppers are likely to prioritize essential purchases like groceries and car maintenance, potentially leading to reduced spending on nonessential items like home goods and clothing.
June 21, 2023
Target testing extension center to expand next-day deliveries
Target is testing an expansion facility in Smyrna, GA, to make next-day deliveries to customers in communities farther from its stores. More than 90 percent of Target’s online and app orders are filled in stores. Target Delivery Driver Expansion Currently, being a Target delivery driver entails a contracted position similar to Instacart or Uber. These drivers work for Shipt, which is a Target-owned delivery service. With Shipt, consumers are required to sign up for a monthly or yearly membership plan and can place same-day orders for groceries and goods from locations nearby. Target wants to help get more deliveries to consumers […]
June 9, 2023
Amazon delivery delays and Target pick up trapped due to polluted air
Amazon.com cut delivery routes and provided N-95 masks to drivers working as smoke from Canada’s wildfires covered the Northeast this week. Target switched Drive Up orders to in-store pickup to protect associates bringing purchases to cars. Amazon Delivery Delays With the fires in Canada affecting air quality as far as the United States’ east coast, resulting in New York having the worst air quality in the world at the time of the added smoke pollution. In response, Amazon cut routes short in many of the affected areas, provided N-95 masks to their delivery drivers, and told employees to return to […]
May 31, 2023
Designer says Target showed its true colors after removing LGBTQ merchandise
Erik Carnell, a transgender designer whose products were pulled from some Target stores after conservatives falsely claimed they were targeted at children, says the retailer is engaging in “rainbow capitalism” where it seeks to profit from Pride month but isn’t ready to stand up for the LGBTQ community. “If you’re going to take a stance and say that you care about the LGBT community, you need to stand by that regardless,” said Mr. Carnell.
May 24, 2023
Target removes some Pride skus to protect threatened associates
Target will remove some of its LGBTQ+ Pride Month collection merchandise from stores after homophobic and anti-trans individuals and groups spread misinformation about the products including them being tied to Satanists. Some of the retailer’s employees have come under threat from those who side with the lies being spread about the retailer. “Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior,” Target said in a statement.
May 22, 2023
Target recalls 4.9 million candles after jars crack and break
Target has issued a recall of 4.9 million Threshold candles after receiving 137 reports of the glass jars cracking and breaking, which led to six injuries, including cuts and burns. “Target is committed to providing high quality and safe products to our guests,” said company spokesperson Joe Unger. Target is offering a full refund on all the returned candles.
May 17, 2023
Target posts modest 1Q sales gain, warns 2Q will be softer
Target reported a 0.7 percent increase in same-store sales as its customers concentrated on lower-margin non-discretionary purchases. The chain, which posted a 5.8 percent decline in profits in the first quarter, warned that sales would likely soften in the second quarter as consumers look to stretch their dollars in an inflationary environment.
May 16, 2023
Target seeks to establish grocery cred
Americans are reducing discretionary purchases to focus on everyday staples. Target is looking to capture a greater share of those purchases with an increased emphasis on its grocery business, including developing its own unique private-label items. Groceries account for 21 percent of Target’s sales, compared to rival Walmart’s 60 percent.
May 2, 2023
Excess inventory hit Target CEO Cornell right in his wallet
Excess inventory led Target to discount goods in 2022, cutting the retailer’s profitability. It also took a toll on CEO Brian Cornell’s compensation, which fell to $17.7 million last year, down from $19.8 million in 2021.
May 1, 2023
Social media scams target young adults
Social media shopping fraud grew to more than $1.2 billion last year, according to the Federal Trade Commission. Consumers between 18 and 29 are the biggest victims of these scams. “Gen Z has grown up with a phone or iPad in their hands,” said Christine Halvorsen, a managing director at Protiviti. “They’re very comfortable buying things online, and they’re very trusting of that.”
April 26, 2023
Target begins rollout of Drive Up returns
Target customers in about a quarter of the chain’s locations can return purchases to stores using the retailer’s Drive Up lanes. “Any time we remove friction from our guest experience, it benefits the guests and benefits Target because they deepen their relationship with us,” said Mark Schindele, Target’s chief stores officer. “We’ve shown that with Drive Up overall. Guests try that service, they love it and then they shop our stores more often.”
March 1, 2023
Target to launch new private labels and expand others
Target plans to launch or expand more than ten private brands, with most items priced between $3 and $15. The chain said it had seen a significant shift away from higher price discretionary items as consumers focus on everyday staples.
February 28, 2023
Target beats Wall Street’s 4Q expectations, offers cautious outlook
Target posted a 0.7 percent gain in same-store sales, above the 1.74 percent drop expected by Wall Street. Food and beverage, beauty and household essentials revenues offset weakness in discretionary categories. CEO Brian Cornell said Target would continue to invest for its long-term growth but was “planning our business cautiously in the near term to ensure we remain agile and responsive to the current operating environment.”
February 2, 2023
Gunman carrying AR-15-style rifle shot by police inside a Target store
A man carrying an AR-15-style rifle and 13 loaded ammunition magazines was fatally shot by police after he entered a Target in Omaha, NE. Police said they encountered the man in the store after responding to dozens of 911 calls. The unidentified man fired multiple shots as he entered the store. It is not clear if those shots were directed at any individuals.
2022
29 articles
December 23, 2022
Target recalls Pillowfort weighted blankets following children’s deaths
Target is cooperating with the Consumer Products Safety Commission (CPSC) in the recall of about 204,000 Pillowfort Weighted Blankets and asking consumers who have the product to stop using them and contact Target for a refund. According to the CPSC release, young children “can become entrapped by unzipping and entering the blanket, posing a risk of death by asphyxiation. … A 4-year-old girl and a 6-year-old girl reportedly became entrapped in the cover of the weighted blanket and died due to asphyxia at Camp Lejeune, North Carolina in April 2022. Target has received four reports of children becoming entrapped in these […]
December 21, 2022
Target is ‘shouting’ value for the holidays with bold in-store merchandising
Big box chains, from Kohl’s to Bed, Bath and Beyond, have a lot on the line this holiday season but, based on its sheer size and market influence, Target may represent the biggest case of a retailer that desperately needs a win. Target isn’t pulling any punches when it comes to its in-store merchandising and displays. Shoppers are seeing low-priced gift recommendations displayed every few yards throughout the store, topped with bigger price signs. Chief Merchandising Officer Jill Sando told CNBC, “We want to celebrate value. … We’re not whispering it. We’re shouting it.”
December 15, 2022
MAGA pol and pundit decry sales of adult products at CVS and Target
Rep. Marjorie Taylor Greene last weekend took issue with CVS and Target selling sexual health products for adults. Tucker Carlson was none too happy about the development either and devoted a segment on Fox News to the topic.
November 16, 2022
Target takes an earnings hit as customers shop for deals
Target’s third quarter same-store sales increased 2.7 percent, better than the 2.51 percent gain expected by analysts, but its operating margin of 3.9 percent was well below the 5.35 percent that investors were looking for. Brian Cornell, Target CEO, said the chain saw “a significant change in consumer shopping patterns as we ended October and moved into the month of November. So clearly, it’s an environment where consumers have been stressed. We know they’re spending more dollars on food and beverage and household essentials. They’re looking for promotions and are looking for that great deal. And I would expect that […]
October 18, 2022
DTC cookware brand Caraway makes brick & mortar presence felt in Target
Caraway, the online direct-to-consumer cookware brand, is making its biggest brick-and-mortar push to date, displaying its products in 350 Target stores. The brand currently sells its pots and pans in 80 Crate & Barrel and Bed Bath & Beyond stores as well as in 20 Nordstrom outlets. Caraway’s products are also sold online on Amazon.com, Crate & Barrel, Target and West Elm.
October 17, 2022
Target CEO recommends proper nutrition, rest and exercise for peak job performance
Target CEO Brian Cornell said that he learned that taking care of himself led to better results in his career. Mr. Cornell said that he had found himself getting too little sleep, drinking too much coffee and not leaving time for exercise and relaxation at an earlier point in his career and discovered that more effort didn’t translate into results.
October 4, 2022
Target partners with Tupperware
Tupperware is typically sold directly to consumers through its own website or “Tupperware parties.” Now, it can also be purchased in Target’s stores and websites. The retailer will offer container bundles ranging from $7.99 to $79.99. Tupperware, which has tested sales through retailers including Target previously, also sells its storage containers on Amazon.com.
September 22, 2022
Target to hire 100K workers and run Christmas promos before Halloween
Target plans to start marking down merchandise for the Christmas selling season on October 6. The retailer also plans to hire 100,000 seasonal workers to help it keep up with demand.
September 7, 2022
Target ends age rule to let Brian Cornell remain as CEO after he turns 65
Target is scrapping its retirement rules to allow Brian Cornell, 63, to stay on as the company’s chief executive officer past his 65th birthday. Mr. Cornell has committed to leading the retailer for at least three more years.
August 17, 2022
Target sells off excess inventory and profits drop
Target moved aggressively to sell off excess inventory in the second quarter, leading to lower profits. The chain posted net income of 39 cents a share, down from $3.65 a year earlier. “While these inventory actions put significant pressure on our near-term profitability, we’re confident this was the right long-term decision in support of our guests, our team and our business,” CEO Brian Cornell said.
July 25, 2022
Target opening sortation centers to cut delivery time and costs
Target is opening sortation hubs around the country where packages will be sorted and grouped together to increase efficiency and cut costs. The retailer, which now has nine of these hubs, said it is still analyzing its cost benefits.
July 7, 2022
Target back-to-school promos focus on students and teachers
Target has gone public with its plans for the back-to-school season. The retailer will provide discounts of up to 20 percent for college students and 15 percent for teachers. “We know the back-to-school season signals an important milestone for millions of families across the country — and we’re here to help by introducing even more ways for guests to save and find everything they need all in one convenient location,” said Jill Sando, Target’s executive vice president and chief merchandising officer.
June 30, 2022
Target moves closer to latest small store opening
Target will open a new 22,000 square-foot store in downtown Pittsburgh on a site that formally housed a Kaufmann’s department store. The new store is scheduled for a July 17 grand opening.
June 24, 2022
Target CEO said chain had to rip the inventory bandage off
Target CEO Brian Cornell said that historic “inventory levels” required the company to take fast action to set the situation right instead of “letting it linger quarter after quarter for three or four quarters.”
June 24, 2022
Target remodeling store to deal with ‘disruptive’ activities
Target is remodeling the entrance of its store in downtown Minneapolis and adding security measures after seeing a rise in “disruptive activity” around the store in recent years. The store will remain open while construction is underway.
June 9, 2022
Target raises its dividend after lowering its forecast
Target said it will raise its quarterly dividend by 20 percent to $1.08 a share. The retailer made the decision following a first quarter that fell below expectations and forced the company to lower its annual sales and earnings forecast.
June 8, 2022
Target’s inventory reduction plan could set off price war
Target isn’t alone in having to clear a high level of excess inventory from its system. The likely result will be a summer of aggressive discounting on the part of retailers and deals for consumers smarting from rising inflation.
May 25, 2022
Ocado cuts retail sales growth target in half
Ocado Group is citing inflation as the reason it has cut its retail sales growth to the low single digits, down from its previous guidance of up 10 percent. The company has a joint venture with Marks & Spencer in the UK.
May 6, 2022
Target announces c-suite appointments
Target’s chief marketer, Cara Sylvester, is adding a new responsibility to her role after being named the retailer’s chief guest experience officer. Ms. Sylvester will focus on customer personalization and driving more customers to Target’s stores and app. Brett Craig has been named as chief information officer from senior vice president of digital. He will succeed Mike McNamara who is retiring.
April 7, 2022
Target store loses $93K over four days in gift card scam
A Target in Genesee County lost $93,000 over four days in February as it fell victim to a gift card scam. The scammers created fake credit cards and identified inexperienced cashiers during high traffic periods to get them to process gift card transactions.
April 6, 2022
Target opens Times Square store
Target has opened a 30,000-square-foot store in New York’s Times Square. The store, which builds on Target’s smaller store strategy for urban areas and college towns, is tailored to serve the local community.
April 1, 2022
Target to accept EBT payments online
Food stamp recipients will soon be able to purchase groceries on Target.com using their electronic benefits transfer (EBT) card. The retailer follows rivals Walmart and Amazon in accepting EBT payments.
March 17, 2022
Target seeks to harness sun’s power in store parking lot
A Target in Vista, CA, has large carports with solar panels on top that meet the store’s entire electricity needs. The store is the first net zero location operated by Target and may be a model for future retrofits and new store locations. Target is looking to get 100 percent of its electricity from renewable sources by 2030.
March 1, 2022
Target expanding Ulta Beauty shops
Target plans to open an additional 250+ Ulta Beauty shops inside its stores in 2022. Over time, the retailer has committed to hosting at least 800 Ulta shops.
February 28, 2022
Target starting wages could go as high as $24 an hour
Target is upping starting wages at some stores and distribution centers to $24 an hour. The chain is taking this action in areas like New York where labor is in short supply and the cost of living is high. Target’s current starting wage is $15 an hour. “The market has changed,” said Target CEO Brian Cornell. ”We want to continue to have an industry-leading position.”
February 16, 2022
Wayfair names Nike and Target vet as chief global supply chain officer
Wayfair has hired Sean Halligan as its chief global supply chain officer. Mr. Halligan will oversee the expansion of the retailer’s fulfillment and delivery network and other initiatives aimed at optimizing its supply chain performance. He has worked for over two decades in supply chain positions for Cardinal Health, Nike and Target.
February 2, 2022
Target exec named as Shipt’s new CEO
Kamau Witherspoon, Target’s senior Vice President of operations since 2018, has been named as the new chief executive officer at Shipt, effective March 1. Ms. Witherspoon replaces Kelly Caruso, who has led Shipt since 2019. Ms. Caruso will remain with the company in an advisory role through April 1.
January 10, 2022
Target CEO Brian Cornell credits customer-focused team for chain’s success
Brian Cornell, CEO of Target, said the human touch has been the key to his company’s performance in recent years. “I think it starts with a team that’s very externally focused, that’s been listening to the consumer, listening to our guests, looking around corners and trying to anticipate the future and building a strategy and a set of capabilities to bring that strategy and vision to life,” he said. “The team has had both the vision and the courage to listen to the consumer. Listen to the guest. Make bold choices that at the time weren’t always popular.”
January 6, 2022
Target saw holiday foot traffic jump
Target got what it wanted for Christmas. The retailer’s foot traffic increased 6.2 percent during the holiday season compared to 2019, according to Placer.ai. Shopper visits to Walmart fell 0.1 percent on a two-year basis and those at Best Buy fell 11.5 percent.
2021
46 articles
December 3, 2021
Target adds store hours ahead of Christmas
Target will open stores at 7 a.m. and close them at midnight beginning on Sunday and running through Dec. 23. Mark Schindele, chief stores officer at Target, said the retailer is making the move as part of its plans to make it “as easy as possible for guests to get all their holiday needs, on their terms.”
November 22, 2021
Target to close for Thanksgiving from here on in
Target will no longer open its doors on Thanksgiving. “What started as a temporary measure driven by the pandemic is now our new standard — one that recognizes our ability to deliver on our guests’ holiday wishes both within and well beyond store hours,” Target CEO Brian Cornell wrote in a note to employees.
November 17, 2021
Target posts big same-store gain and raises forecast
Target posted a 12.7 percent gain in same-store sales for the third quarter, well above the 8.3 percent expected by analysts. The retailer, which saw its profit margins take a hit during the quarter, raised its annual forecast with a bullish outlook heading into the holiday season. “With a strong inventory position heading into the peak of the holiday season, our team and our business are ready to serve our guests and poised to deliver continued, strong growth, through the holiday season and beyond,” said Target CEO Brian Cornell.
October 27, 2021
Target and Barnes & Noble delist Holocaust denial books
Target and Barnes & Noble announced yesterday that they are no longer selling four books that deny the Holocaust took place. The retailers did so following letters of protest from the Simon Wiesenthal Center (SWC). “We assume these large online booksellers do not mass-market books promoting terrorism or pedophilia,” said Rabbi Abraham Cooper, associate dDean and global social action director at SWC. “At a time of surging antisemitic hate crimes here in the U.S., it is beyond the pale that a book would be marketed by someone who insults the memory of six million Jewish victims of the Nazi genocide.”
October 26, 2021
Target CEO expects strong holidays despite supply chain issues
Target CEO Brian Cornell expects the retailer to put up strong numbers for the holiday selling season even if he doesn’t see a short term resolution for the current supply chain issues affecting retailers everywhere.
October 26, 2021
Target building new smaller store in Detroit
Target plans to open a 32,000-square-foot store in Midtown Detroit in a mixed-use complex that includes 350 apartments in three connected buildings. Street level space will house Target, a bank and restaurant and cafe with outdoor seating.
October 20, 2021
Target is expanding Apple in-store shops ahead of the holidays
Target will raise the number of its in-store Apple shops from 17 to 36 ahead of the holidays. “The strength of our assortment of national and owned brands, the expertise of our team members and the incredible value we offer make Target an unmatched destination for electronics and accessories,” said Nikhil Nayar, Target’s senior vice president for hardlines. “With the expanded Apple at Target shop-in-shop experiences, we’re elevating this even further.”
October 8, 2021
Target is latest retailer to add ‘buy now, pay later’ option
Target has introduced its new buy now, pay later option that gives shoppers a way to pay for purchases in installments. The program will apply to purchases of $100 or more.
October 5, 2021
Target to pay associates $2 an hour more during peak holiday sales days
Target announced it will pay an extra $2 an hour to associates working in its stores on the Saturdays and Sundays between Nov. 20 and Dec. 19 as well as on Christmas Eve and the day after Christmas. The retailer pays a minimum wage of $15 an hour.
September 23, 2021
Target giving more hours to current associates, reducing seasonal hires for the holidays
Target said it plans to focus on providing five million more hours to its current employees throughout the holiday season and reduce the number of new hires it brings on. “We have worked to provide our team members with more consistent schedules, which means more consistent paychecks and a more consistent way to manage their life,” said Melissa Kremer, Target’s chief human resources officer. “Additionally, we are offering more hours to team members who want them and continuing our important investment in training and development. When we invest in and care for our team we know that guest service improves, […]
September 9, 2021
Target’s Shipt service announces biggest expansion in three years
The Shipt grocery delivery service plans to add nearly 1,000 more store locations as it expands its reach in markets around Atlanta, Charlotte, Los Angeles and Seattle. “This is the first time Shipt has expanded this way,” said Bridget Fruit, chief operating officer for Target-owned Shipt. “Over the years, Shipt has launched one city at a time or rolled out a new retail partner nationwide, but this exciting coast to coast expansion is unlike anything we’ve done before.”
August 23, 2021
Target opening 100 Disney shops ahead of Christmas
Target said it will grow the number of locations that house Disney shops from 53 at present to 160 by the end of the year. The retailer is also releasing its Bullseye’s Top Toys list with 50 toys and games, including 22 that are exclusive to the chain.
August 18, 2021
Stores drive big same-store gain for Target
Target reported an 8.7 percent increase in same-store sales during the second quarter on top of last year’s 10.9 percent gain. The retailer’s online sales rose 10 percent during the period. Management expects to continue posting high single-digit same-store gains in the last two quarters.
August 10, 2021
Reminder that Target will be closed on Thanksgiving
Customers wondering if Target will be open on Thanksgiving were actually given the answer to that question back in January when the retailer said that the decision to close last year was received so positively that it planned to do the same in 2021.
August 5, 2021
Target to pay employees’ college tuition and book costs
Target announced that it will offer a free college education to its 340,000 full- and part-time employees. The program, which will kick off in the fall, provides employees a means to pursue “debt-free undergraduate degrees, certificates, certifications, free textbooks and more with no out-of-pocket costs.” Target’s plan covers 250 business-oriented programs offered through more than 40 educational institutions.
July 30, 2021
Target giving frontline workers a $200 bonus
Target announced that it will offer bonuses to eligible full- and part-time associates at its stores as well as staff that support its customer and employee contact centers. “Our team members continue to deliver each and every day for our guests and one another,” said Melissa Kremer, Target’s chief human resources officer, in a statement. “Our culture, strategy and success would not be possible without our incredible team at the center of it all.”
July 21, 2021
Ulta Beauty shops to open in Target next month
Target and Ulta Beauty have announced that the two companies will open in-store beauty products shops inside the mass merchandiser’s stores beginning next month. Ulta Beauty at Target will launch in more than 100 Target stores and on target.com with plans to roll the concept out to 800 locations in the coming years. Target associates working in the in-store shops will be trained by the beauty retailer.
July 19, 2021
Target opens its second Denver small box store
Target is opening a new store in Denver in the former location of a Stein Mart. The 40,000-square-foot store is part of the retailer’s plan to open smaller format locations in urban areas and sites near universities where space is at a premium. Target has plans to open a third small box store in Denver at an unspecified date in the future.
June 22, 2021
Target makes new sustainability pledge
Target has said that it has set a goal of eliminating plastic waste in its private label goods and reaching net-zero emissions across its operations and supply chain by 2040. “It’s a new era of sustainability for our company,” said Amanda Nusz, senior vice president of corporate responsibility at Target. “Although it’s not new work, we are aiming to co-create an equitable and regenerative future with our guests, our partners and community.”
June 1, 2021
Target reopening fitting rooms in stores
Target has begun to reopen fitting rooms, closed due to the novel coronavirus pandemic for more than a year.
May 24, 2021
Target debuts new branding campaign
Target has unveiled a new branding campaign, the first under Cara Sylvester, who was named the retailer’s chief marketing officer in February. The campaign, which includes the introduction of a new tagline, is part of Target’s goal of communicating and engaging in “meaningful, authentic connections” with its customers. The retailer is unveiling new messaging tomorrow — “What we value most shouldn’t cost more” — when the campaign kicks off.
May 19, 2021
Target’s same-store sales jump 23 percent
Target posted a 23 percent gain in same-store sales during the first quarter driven, in large part, by a 50 percent jump in online sales. The chain’s profits for the period came in at $2.1 billion compared to $284 million last year. “I think consumer confidence is on the rise as we think about the strength in the economy, certainly the federal aid that’s been distributed and vaccine distribution,” said Target CEO Brian Cornell.
May 13, 2021
Analyst says Shipt gives Target a competitive edge
Goldman Sachs retail analyst Kate McShane thinks that Target’s ownership of Shipt, the same-day delivery service, provides it a competitive edge over retail rivals that rely on third-party providers. “Target’s ownership of Shipt reduces some of the cost disadvantages of using third parties and minimizes the barrier on data sharing,” said Ms. McShane.
May 13, 2021
Target is pulling trading cards from stores to avert violence
Target is following Walmart in ending sales of trading cards in its store as of May 14. The retailer is pulling the cards from stores but will continue to sell them online. The decision is tied, in part, to a customer pulling a gun in a Target parking lot after a dispute with the store over purchase limits. The chain said it was taking the step “out of an abundance of caution.”
May 11, 2021
Target launches plant-based private label line
Target is rolling out Good & Gather Plant Based, an extension to its grocery private label, targeted to consumers looking for alternatives to products made from animal sources. Good & Gather is one of 10 Target own brands that generated at least $1 billion in annual sales.
May 6, 2021
Target giving coupon to customers who get vaccines at it stores
Target is offering a $5 coupon on purchases of $5 or more to customers who visit CVS pharmacies inside its stores to get a COVID-19 vaccine. “Since the onset of the pandemic, the safety of Target team members and guests is our top priority,” the company said in a statement.
April 28, 2021
Target CEO says George Floyd’s murder spurred him to action
The murder of George Floyd while in the custody of Minneapolis police last year hit close to home for Target CEO Brian Cornell. The murder took place just a few blocks from the retailer’s headquarters and awakened Mr. Cornell to the idea that Mr. Floyd could just as easily have been one of Target’s associates. “I recognize that it’s time to take it to another level, and that as CEOs, we have to be the company’s head of diversity and inclusion,” he said. “We have to be the role models that drive change and our voice is important. And we’ve […]
April 27, 2021
Salary of Target CEO’s compensation package hits $77.5M following record year
Brian Cornell, CEO of Target, saw his compensation package grow to $77.5 million last year following the retailer’s record year that saw it post a $15 billion increase in sales. Most of Mr. Cornell’s compensation comes in the form of long-term rewards. The base salary of target CEO was $1.4 million, unchanged from the year before. Salary of Target CEO Breakdown in 2020 With incentive goals achieved, Target CEO Cornell claimed rewards for sales and operating income and maximum Team Scorecard payments totaling two annual bonuses equaling $5.6 million. His long-term equity rewards were attained over the course […]
April 20, 2021
Target opening new small store concept in downtown Pittsburgh
The site in downtown Pittsburgh where Kaufmann’s, a local institution later acquired by Macy’s, operated its department store, has been closed since 2015. That is about to change, at least in part, as Target opens one of its small format stores in a portion of the 1.2 million square-foot building.
April 15, 2021
Target tests new approach to home deliveries
Target is testing a new method to deliver online orders in Minneapolis that begins with associates picking orders in stores and then moving them to the backroom and transferring them to a sortation center multiple times throughout the day. Target then uses technology from two companies it has acquired — Grand Junction and Deliv — to group packages for the most efficient delivery to local neighborhoods using Shipt, the same-day service acquired by the retailer in 2017.
April 7, 2021
Target CIO talks cloud strategy
Target made the decision to stop using Amazon Web Services after Amazon acquired Whole Foods. The retailer, under the leadership of CIO Mike McNamara, chose a multi-pronged approach to the cloud that included using Google Cloud as its primary source, supported by Microsoft Azure, and Target’s own data centers for particular uses. Target employed open-source programming throughout so that it could run its e-com and store ops on different platforms as needed.
April 7, 2021
Target commits to expanding selection of Black-owned brands
Target has announced it will carry products from more than 500 Black-owned brands by the end of 2025. The announcement is part of the retailer’s goal of spending $2 billion to source more products from Black-owned businesses over five years. Target currently carries 65-plus Black-owned brands.
April 6, 2021
Target reimagines Portland store
Target has been occupying three of the five stories in Portland’s downtown Galleria building. The retailer announced it would reduce its footprint to just the ground floor. “We’ve reimagined hundreds of stores over the past several years,” Target spokesperson Aryn Ridge said in an email. “Our Portland Galleria store is undergoing a remodel that will update the store experience to make shopping even easier, safer and more inspiring for our guests. This includes moving to the building’s first floor to a new space that will offer easy, street-level access to products and services that meet the needs of local guests.”
April 1, 2021
Target will close two SF Bay Area stores
Target has been on a tear in the past year, growing revenue by $15 billion in 2020, so its decision to close two of its stores in the San Francisco area — Ocean Avenue in San Francisco and Stevens Creek Boulevard in Cupertino — has the locals puzzled. The company made the decision after “a rigorous annual process to evaluate the performance of every store in the portfolio and maintain the overall health of the business,” Target told Fox Business.
March 15, 2021
Target does arts and crafts with newest private label
Mondo Llama is Target’s new private arts and crafts brand. Target will make the new line, which covers a wide variety of arts and crafts segments, available in its stores, on its website and through its app beginning later this month.
March 12, 2021
Target sees benefits from letting employees work from home
Target has reduced the amount of permanent office space it uses in downtown Minneapolis. The retailer has chosen to go to a more flexible arrangement for work space as it allows employees to do their jobs, at least part of the time, from home. “This change is driven by Target’s longer-term headquarters environment that will include a hybrid model of remote and on-site work, allowing for flexibility and collaboration and ultimately, requiring less space,” the company said yesterday.
March 9, 2021
Target eyes prime real estate on Chicago’s Magnificent Mile
Target is in talks to take part of the space that used to be filled by Macy’s at Water Tower Place in Chicago, owned by Brookfield Property Partners. Cook County Treasurer Maria Pappas, who lives in the neighborhood near the vertical mall, has expressed her opposition to Target moving into the space. Ms. Pappas, in an interview with WGN Radio, said a Target in the location would damage the reputation of Michigan Avenue and Oak Street, which are known as destinations for high-end retailers.
March 9, 2021
Target launches indulgent line of snack products
Target has launched a new grocery owned brand, Favorite Day, comprised of more than 700 products, including bakery items, premium ice cream and salted snacks. “Right now, more than ever, people need that little bit of reward, a little bit of indulgence, a little bit of joy in their every day,” said Rick Gomez, chief food and beverage officer at Target.
March 2, 2021
Target has record-setting quarter to end record-setting year
Target reported that sales grew 21 percent year-over-year during the fourth quarter and that earnings were up 66 percent. Same-store sales at Target improved 6.9 percent over the previous year as customer traffic rose online and in stores. The retailer, citing the impact of the novel coronavirus, chose not to provide guidance for the upcoming year.
February 25, 2021
Target HQ employees to keep working from home
Target, which had planned to have workers at its headquarters return to their offices in June, has told those employees that it is pushing that plan back to the fall. “Our priority continues to be the safety and well-being of our team,” Target said in a statement. “We’ve safely returned a very small portion of our team whose work is most dependent on our headquarters facilities, and we will evaluate and adjust if needed, continuing to fully cooperate with applicable local regulations.” Target employs around 8,500 people at its Minneapolis headquarters.
February 25, 2021
Target adding Apple shops to its stores and website
Target is getting ready to double the amount of space it gives to Apple products in 17 stores, featuring a “dedicated shopping experience” and offering a wide variety of the brand’s technology and accessories. The retailer also plans to add a “dedicated Apple experience” to target.com. Target customers will receive an extra five percent discount when buying Apple products using the retailer’s REDcard.
February 17, 2021
Target promotes Rick Gomez to lead food and beverage, names new CMO
Target’s chief marketing, digital and strategy officer Rick Gomez has been promoted to EVP and chief food and beverage office at the retailer. Cara Sylvester, a 14-year Target veteran, was named as the retailer’s new chief marketing and digital officer.
February 8, 2021
Target’s All in Motion activewear brand hits $1B in sales
Target has another $1 billion brand in its All in Motion activewear line. All in Motion, which has gotten a boost as Target’s customers have spent more time at home during the novel coronavirus pandemic, is the latest success in Target’s exclusive brand strategy.
January 27, 2021
Target’s newest limited-edition designer collab is with Levi’s
Target, which in recent years has expanded its selection of Levi Strauss jeans in its stores and online, has announced the launch of a limited-edition collection with the iconic denim brand. The line, which will go on sale on February 28 until supplies are exhausted, will be made up of 100 items, including dog beds, pajamas and a trucker jacket.
January 26, 2021
Target hands out bonuses following record holiday performance
Target has said that eligible hourly workers in its stores and distribution centers will receive $500 bonuses following a record performance during the holiday season. The retailer, which posted a 17 percent increase in same-store sales over the last two months of 2020, also said it will pay bonuses ranging between $1,000 and $2,000 to store directors, executive team leaders and salaried management at its distribution centers. The new bonuses will bring the total amount paid by the company in the past year to about $1 billion.
January 13, 2021
Target rocked the holidays
Target reported that same-store sales grew 17.2 percent as the chain’s online sales more than doubled in November and December. The retailer reported that customers gravitated toward its Drive Up curbside service and Shipt home deliveries with the two services posting gains above 500 and 300 percent during the last two months of 2020.
2020
21 articles
December 8, 2020
Target joins class action suit against chicken suppliers
Target has joined other retailers in a suit accusing Perdue Farms, Pilgrim’s Pride, Sanderson Farms and Tyson Foods of fixing chicken prices. “We expect our vendors and partners to act with integrity and are committed to providing our guests with everyday low prices on the products we sell,” said Jenna Reck, a Target spokesperson. “Like several other retailers, we’re aware of the anti-competitive actions that certain poultry companies took to illegally inflate prices for retailers and consumers. We filed a lawsuit against these suppliers to recoup the unfair costs that Target was charged for nearly a decade and protect guests […]
October 22, 2020
Target taking steps to keep holiday shoppers safe
Target CEO Brian Cornell said the chain is “doubling down on safety” heading into the holidays. The retailer announced it will double the number of Drive-Up parking spots and enable customers to use their mobile phones to self-checkout. More associates will also carry devices to check customers out across the store.
October 14, 2020
Sam’s, Target and Tractor Supply focus on fashion
Mass merchandisers have been capturing share of the apparel and accessories market at a time when many specialty clothing chains and department stores are seeing sales go in the wrong direction. Partnerships such as Target has with Levi Strauss for its value-price Denizen line as well as its premium Red Tag jeans are helping to raise the fashion profile of big-box retailers.
October 12, 2020
Target building a bigger presence in NYC area
Target has signed a lease to open a 130,000-square-foot store in Yonkers and has smaller locations in the works on East 86th Street and West 125th Street in Manhattan.
October 7, 2020
Target adding Red Tab Levi’s to more stores
Target has sold Levi’s lower-priced Denizen jeans for years. Last year, the retailer began testing the brand’s Red Tab line in about 50 stores and online before adding 90 other locations. Following a strong start, Target is now expanding the line to 500 stores.
September 29, 2020
Target’s Deal Days to go head-to-head with Amazon’s Prime Day
Target has announced that it will run its Deal Days promotion on October 13 and 14, the same days that Amazon.com will run its annual Prime Day event. The retailer also announced that it will expand its Black Friday promotions to run the entire month of November as part of a concerted effort to get consumers shopping for Christmas earlier and to spread out shopping visits to its stores and website as COVID-19 continues to hang over the retail industry. “By kicking off our holiday deals earlier than ever … we’re letting guests know they don’t need to wait or […]
September 25, 2020
Target adding 130K workers for the holidays
Target plans to add 130,000 workers as it prepares to handle the holiday rush. The retailer will dedicate twice as many associates to same-day curbside and in-store pickup as part of its greater focus on fulfilling online orders.
September 17, 2020
Maskless Trump supporters harass Target store shoppers
A group of people wearing MAGA merchandise walked through a Target in Florida, yelling at customers and staff in the store to remove their face masks. A YouTube video of the “flash mob” verbally harassing others was captured by an individual identified as Chris Nelson, a COVID-19 denier. More than 198,000 people have died in the U.S. after being infected by the virus since its outbreak earlier this year. Nearly 13,000 Floridians have died.
September 10, 2020
Target says it will increase Black employee numbers by 20 percent
Target has publicly committed to increasing its number of Black employees by 20 percent over the next three years. “Inclusivity is a deeply rooted value at Target and we’ve had an ambitious diversity and inclusion strategy for many years for our guests and team,” chief human resources officer Melissa Kremer said in a news release. “We know that having a diverse workforce and inclusive environment not only creates a stronger team, but also provides the perspectives we need to create the products, services, experiences and messages our guests expect.”
September 2, 2020
Target expands product lineup for its Good & Gather grocery brand
Target is adding 600 new items to its Good & Gather grocery private label line, including frozen wood-fire pizza, jalapeno avocado hummus, honey vanilla butter and meatless burgers. The retailer first launched the brand last year as part of its effort to grow its grocery business. “Food and beverage continue to play a very important role in the Target experience,” said Stephanie Lundquist, president of food and beverage at Target. “Families right now, more than ever, are looking for a little inspiration and the ability to create some delicious dishes at home.”
August 24, 2020
Super Soaker water guns sold at Target are recalled
More than 52,000 Hasbro Super Soaker XP 20 & 30 water guns sold by Target are being recalled over concerns that the stickers on the toy exceed the government’s limit on lead content. Consumers are being told to keep kids away from the water guns and return them for a full refund.
August 19, 2020
Target posts record quarterly results
Target posted a 24.3 percent gain in same-store sales as digital comps skyrocketed 195 percent and physical locations posted a 10.9 percent gain. Sales of same-day services, including Shipt deliveries and in-store and drive up pickup, grew 273 percent. “I think one of the biggest changes we saw from [quarter one to quarter two] is the return to guest shopping in our physical stores and the exceptional growth we saw in in-store shopping in an environment where many Americans were turning to digital to fulfill their needs,” said CEO Brian Cornell.
August 11, 2020
Target is one of the big winners in pandemic era
Target’s digital sales have reached levels that the company did not expect to achieve for three years as five million customers shopped on its website for the first time in the three months ending May 2. Barclays analyst Karen Short expects the chain’s business to continue to make gains. Sales per square foot have risen to $341 compared to $510 for Walmart.
July 17, 2020
CVS and Target join list of retailers requiring masks in stores
CVS and Target are joining Best Buy, Costco, Kohl’s, Kroger, Sam’s Club, Starbucks and Walmart in refusing to allow shoppers to enter stores without a face covering. CVS’s new policy goes into effect next Monday while Target will put its plan in place on Aug. 1.
July 13, 2020
Target and others block ads on sites running Black Lives Matters stories
Target has directed “a leading online news publisher not to run its ads in stories related to the Black Lives Matter movement,” reports The Wall Street Journal. The story says the practice known as blocklisting is used when marketers want to avoid having their ads associated with controversial stories. Paul Wallace, Vice Media’s vice president for global revenue products and services, said that coverage of Black Lives Matter stories was the most popular news in June, but that ad prices were 57 percent lower for that content because so many companies avoided running ads. “The most frustrating part of all […]
June 19, 2020
Best Buy, J.C. Penney, Nike and Target celebrate Juneteenth
Ongoing protests against racial inequality across the U.S. have raised the nation’s consciousness about the significance of June 19 (Juneteenth), which marks the end of slavery in the U.S. Companies including Best Buy, J.C. Penney, Nike and Target are observing the day as a paid corporate holiday or paying overtime wages for hourly associates working in stores and warehouses.
June 18, 2020
Target makes $15/hour wage permanent
Target announced Wednesday that it will make permanent its $15 hourly minimum wage, raising the standard from $12, effective July 5. The retailer is also dishing out one-time $200 “recognition bonuses” to frontline and DC workers for their extra efforts during the pandemic. Said chairman and CEO Brian Cornell, “Everything we aspire to do and be as a company builds on the central role our team members play in our strategy, their dedication to our purpose and the connection they create with our guests and communities.”
May 29, 2020
Target closes 24 stores in Twin Cities as protests continue
Target has closed 24 of its stores in the Minneapolis/St. Paul area after protests broke out in reaction to the death of George Floyd, an unarmed African-American man, who died while in police custody. An online video of a police officer with his knee on the back of Mr. Floyd’s neck, shortly before his death, has sparked outrage in the community. “We are heartbroken by the death of George Floyd and the pain it is causing our community,” Target said in a statement. “At this time, we have made the decision to close a number of our stores until further […]
May 18, 2020
Target extends frontline’s hazard pay raise for through July 4
Target announced that it will continue to pay hourly workers an additional $2 an hour and offer double-pay for overtime hours through July 4 in appreciation for their efforts during the coronavirus outbreak. “At the outset of the pandemic, we knew there was a long road ahead, that we would have to pace ourselves,” wrote CEO Brian Cornell in an email to employees. “These pay and benefits extensions are intended to help you and your family do just that as we all continue to support each other and move forward.”
January 1, 2020
In total
according to the proxy and used in the CEO pay ratio
2019
6 articles
December 26, 2019
Clues emerge that ‘The Target Gang’ had inside knowledge
New information has emerged from FBI affidavits about armed robberies perpetrated at three Target stores in the Charlotte, NC area last fall. The thieves reportedly kidnapped employees and made off with tens of thousands of dollars. During a recent traffic stop, police found clues pointing to the likelihood that one of the robbers was a Target employee and presumable knowledgeable of the stores’ layouts and security systems.
August 27, 2019
Target’s Disney merch on a different level than JCPenney’s
Apparently all Disney-themed merchandise is not created equally. Disney traditionally has reserved the top-echelon products for its own stores — the latest, top-sellers. Disney has promised to provide some of that level of merchandise to Target for the 25 new shops it is installing in the discounter’s stores. JCPenney, which has been running over 600 Disney shops in its department stores since 2013, however, gets second-tier toys, collectibles and apparel that Disney designs exclusively for those locations.
June 26, 2019
Target to challenge Prime Day hour-per-hour
Target is emphasizing in its marketing that customers can participate in its “Deal Days” promotion — running for the same 48-hour period as Prime Day — without membership, as is the case with Amazon’s promotion. “This year, we’re giving guests more discounts across even more of our assortment with two days to save on hundreds of thousands of items,” said Mark Tritton, Target’s executive vice president and chief merchandising officer, “and offering the best options in retail for delivery and pick up on their terms, including same-day.”
February 6, 2019
Target is expanding its revamped loyalty program
Target Circle is the retailer’s latest free loyalty program initiative that it first introduced in the Dallas market in April of last year. Circle replaces Cartwheel Perks, which the company discontinued in 2017. Following a successful test in Dallas, Target will now roll out Circle to the Charlotte, Denver, Indianapolis, Kansas City and Phoenix markets. As with Target’s Redcard program, Circle offers members 1 percent back on every purchase, free next-day delivery on household essentials and a 50 percent off discount on the first year of membership for Shipt, Target’s fee-based, same-day delivery service.
2018
4 articles
December 19, 2018
Target will greatly expand breadth of Shipt same-day offerings
Shoppers can now order about 55,000 SKUs in grocery and select other categories such as electronics and toys via Target’s newly acquired Shipt delivery service. Target plans to expand those capabilities to “all major product categories” next year. Shipt is seen as Target’s biggest play for matching the last-mile logistics capabilities of Amazon and Walmart.
August 31, 2018
In-N-Out target of boycott for GOP donations
In America’s bifurcated ideological society, it seems more and more likely that businesses will suffer consequences for showing deference to one side or the other. Eric Bauman, chairman of the California Democratic Party, took to Twitter on Wednesday to chastise the In-N-Out burger chain for making a $25,000 donation to the state’s Republican Party. “Et tu In-N-Out?,” read the tweet, “Tens of thousands of dollars donated to the California Republican Party… it’s time to #BoycottInNOut.”
June 7, 2018
Target rolls out new 750-item home goods brand
A Target spokesperson said the company expects Made by Design to become a $1 billion brand. The lineup of affordable, everyday items is the fourth private label brand released by Target in the past year. Made by Design will include an array of products, from cookware to bath accessories and towels, designed to be highly-functional and “hyper relevant” to home-starting Millennials.
March 6, 2018
Target posts a strong Q4 on improved store traffic
Target’s hard work updating stores, investments in employee pay and training and other initiatives over the past year may be reaping rewards. The retailer reported a 3.6 percent increase in same-store sales in its most recent quarter, driven by a 3.2 percent bump in traffic to physical and online stores. The company credited the newly-enacted corporate tax breaks with helping to boost its 4th quarter profits to $1.1 billion, a 35 percent jump from $817 million in the same period last year.
2017
6 articles
December 5, 2017
Not all believe Kohl’s is a likely target for Amazon
Columnist Lawrence Meyers disputes the logic put forward by his colleague, James Brumly, that Kohl’s would be a logical purchase for Amazon to follow up its takeover of Whole Foods. Mr. Meyer believes Amazon has the wherewithal to create and sell apparel brands on its own and doesn’t see a stock purchase of Kohl’s as being financially responsible.
August 29, 2017
Target moves forward with integration of its mobile apps
Target is looking to simplify its mobile strategy and eventually will do away with its Cartwheel digital coupon app all together. For present, the company has merged Cartwheel with its main app. As a result, Target’s one app can now offer customers support for both online and in-store shopping, shopping lists, delivery and pickup options, as well as digital coupons.
March 21, 2017
Target reveals plans for revamped stores
At the Shoptalk convention in Las Vegas yesterday, Target CEO Brian Cornell detailed the company’s plan to redesign stores to be more in keeping with today’s shopper behaviors. The retailer will begin with a prototype in Houston next fall that will include a separate entrance and parking area designated for quick pickups of online orders. Another “inspiration” entrance will lead shoppers by displays of brand name seasonal fashion and then by beauty, jewelry and accessories department. Target expects to roll the design out to 40 other locations by October of this year.
March 21, 2017
Target hires grocery expertise away from Kroger
Target has long seen grocery as a necessary segment for encouraging repeat store traffic, and yet the retailer has struggled to gain a footing in food categories. Yesterday, in an obvious move to improve its position in grocery, fresh food and beverages, Target announced the hiring of Jeff Burt, a 30-year grocery veteran most recently employed as the president of Kroger’s Fred Meyer chain.
March 20, 2017
Macy’s Herald Square to have new Gimbels across the street by the name of Target
Macy’s, which has pointed to off-price retail as one of its biggest challenges, isn’t getting any sympathy from Target. The discount chain is opening a 43,000-foot-store on 34th Street in Manhattan, directly across from one of Macy’s Herald Square entrances. The Target location will anchor a 92,000-square-foot retail complex that will also see Sephora, Foot Locker and Swatch as tenants.
February 28, 2017
Target lowering prices, launching new brands to boost sales
Target, which reported a 1.5 percent decline in same-store sales during the fourth quarter, has said it will invest in lowering prices while launching more than a dozen new and exclusive brands in 2017. One bright spot for the retailer was online revenue, which increased 34 percent in the most recent quarter.
2016
21 articles
December 30, 2016
Best Buy, Dick’s, Target and others see New Year’s as a selling opportunity
Most think of New Year’s Eve and January 1st as occasions for partying or kicking back to watch football, but retailers are increasingly seeing an extended holiday selling opportunity. Major chains, including Toys”R”Us, Kohl’s, Target, Dick’s Sporting Goods and Best Buy, have publicized extended hours. Target, for example, will be open from 8:00 a.m. to 10:00 p.m. on New Year’s Eve, New Year’s Day and January 2nd.
December 21, 2016
Products by Coke, Nestle and others targeted by Greek anarchists
“Green Nemesis,” a Greek anarchist group, posted images on the internet on Monday showing bottles of Coca Cola Light, Nestle’s Nestea, sauces made by Unilever and other products being injected with chlorine and hydrochloric acid. The group claimed its goal is to inflict financial damage on the multinational brands. The Greek food safety agency is taking action to remove the products from stores.
August 29, 2016
Target attempts to extend the Pokemon craze
The number of daily active Pokemon GO users has dropped since the peak earlier this summer, perhaps prompting Target to stimulate renewed interest by painting the signature round bollards outside its stores to resemble Poke balls. The chain stocks a wide selection of Pokemon products and paraphernalia.
April 27, 2016
Target boosts Hispanic marketing budget 20 percent
Target will air four commercials during the Billboard Latin Music Awards tomorrow night as part of its “Lúcete A Tu Manera” (“Show off your way”) campaign.
April 22, 2016
Conservative group to boycott Target over bath and fitting room policy
The American Family Association has joined other conservative groups in calling for a boycott of Target after the chain announced transgender employees and customers could use restrooms or fitting rooms that matched their gender identity.
April 20, 2016
Target says transgender people can use bathrooms that match their identities
Target is not creating a new policy but reinforcing an existing one in light of anti-transgender legislation passed in states such as North Carolina and being debated in others.
April 19, 2016
Target ups its minimum wage to $10
Target is increasing its minimum wage for hourly employees to keep pace with Walmart and other retailers who have upped pay for workers.
April 18, 2016
Marimekko line sales are good, not great, for Target
Initial sales of the new Marimekko for Target line have been strong, just not as strong as previous collaborations the chain has had with designers such as Lily Pulitzer.
April 13, 2016
Target opens beer cave in Mile High City
Target remodeled a unit in Denver to move its alcohol department closer to the front of the store. The location features Target’s first and only walk-in beer cave concept.
April 4, 2016
Retailers text target customers
Retailers trying to avoid drowning in a sea of emails sent to consumers are turning to texting.
April 1, 2016
Express no longer being targeted for a takeover
A large sale of Express stock by Sycamore Partners means the private equity firm has abandoned its plan to acquire the retail business.
March 23, 2016
Amazon sues logistics exec who joined Target
Amazon.com claims that Arthur Valdez violated a non-compete clause in his employment contract when he agreed to work for Target.
March 21, 2016
CVS moves into Target’s North Texas stores
CVS is already the pharmacy market share leader in North Texas. Now, it’s in the process of converting 42 Target pharmacies to the CVS banner.
March 3, 2016
Target promises big changes coming
Target is going through a major overhaul that promises a seamless shopping experience between online and in-store and much more.
March 1, 2016
Amazon exec charged with improving Target’s supply chain
Arthur Valdez, vice president of operations at Amazon.com, has been named executive vice president of supply chain and logistics at Target.
February 26, 2016
Will female superheroes champion Target’s toy biz?
Supergirl, Wonder Woman and other female heroes from the DC Comics universe are coming to the shelves of Target.
February 24, 2016
Target trends in positive direction
Store traffic has improved for five straight quarters at Target, which saw same-store sales improve 1.9 percent in the fourth quarter. The retailer’s online sales increased 34 percent during the period, driven in part by its offer of free shipping on all orders.
February 16, 2016
Target and Gwen Stefani go to the Grammies
Gwen Stefani appeared at the Grammies in the first music video performed live wearing costumes available at Target.
February 9, 2016
Target debuts gender neutral kids furniture line
Target’s new Pillowfort home decor brand includes over 1,200 items that are not designed for boys or girls. The new line is for kids.
February 3, 2016
CVS takes over pharmacies inside of Target
CVS agreed to pay Target $1.9 billion to acquire its pharmacies and the transition to the new banner has begun in Charlotte, NC.
January 5, 2016
Target names new chief stores officer
Janna Potts, a longtime executive with Target, is replacing Tina Tyler, who has been the chain’s chief stores officer since 2011.
2015
54 articles
December 29, 2015
Nearly all of Target’s new stores will be small format
Target’s newly released list of projected store openings for 2016 and 2017 are nearly all in the 19,000 to 45,000 square feet range and designated for urban locales.
December 8, 2015
Target to open ‘Wonderland’ in Manhattan
Target is back to make another Big Apple holiday splash. This time, the chain is introducing a 16,000-square foot pop-up with 10 tech-enabled displays including a life-sized version of the Lego pirate ship used in commercials and more.
December 3, 2015
Target to pay $39 million to settle data breach suit with banks
The latest payout to banks is just part of the settlements the retailer is reaching in connection with its 2013 data breach.
December 3, 2015
Freshii brings health-casual concept to Chicagoland Targets
The fast-casual chain, which specializes in healthy fare, will open inside an eighth Target location as part of a test between the two companies in the Chicago area.
November 18, 2015
Shoppers return to Target
Target reported that customer counts at its stores improved for the fourth straight quarter. The chain raised its earnings outlook after posting a 1.9 percent increase in same-store sales for the latest quarter.
November 10, 2015
Target sweater puts some in bad mood and not in the holiday spirit
A Target sweater says OCD stands for Obsessive Christmas Disorder. Mental health advocates say the garment is offensive.
November 9, 2015
Target worked behind the scenes on workers’ rights ordinance
Target executives got together with supporters of a workers’ rights ordinance to reach a compromise that was less severe than a proposal by the Minneapolis City Council, which would have forced it to notify employees of their work schedules 28 days in advance.
November 5, 2015
Target may look to wholesaler(s) to manage grocery supply chain
The retailer is not looking to invest in building distribution centers all over the country as it revamps its grocery business, which raises the question of who it will choose to handle the logistics end of the business.
October 27, 2015
Target goes small in LA
Target plans to open a 22,000-square-foot location and a 25,000-square-foot store in Los Angeles in the next couple of years.
October 27, 2015
Target site helps kids find the best places to go trick or treating
Target’s site is called Treatster and it identifies the most popular places to find candy on a map.
October 19, 2015
Target’s startup venture focuses on retail tech
Startup companies chosen to participate in Target’s and Techstar’s accelerator program will work at the retail chain’s headquarters.
October 12, 2015
Target rediscovers North Texas
Target has opened its first new store in North Texas since 2009. The new location is in Fort Worth and is one of the chain’s first to feature a home department.
October 5, 2015
Target finds remaking grocery a slow go
Target initially planned to have the major elements of its grocery department revamp completed by next year. Now, it looks as though it may be 2017.
September 30, 2015
Target expands price-matching program
Target used to match the prices of five online competitors. Now, it has expanded the list to 29 rivals.
September 18, 2015
Target checkouts to get a healthy makeover
The retailer plans to replace candy with granola bars and other health snacks.
September 18, 2015
Target seeks retail tech stars
Target is partnering with Techstars to create a retail accelerator that will launch next year in Minneapolis, but be open to talent from around the world.
September 16, 2015
Target goes local in Boston
Target’s new store in Boston has quite a bit of local flavor. That’s something the chain plans to do in stores across the country in an effort to improve sales.
September 15, 2015
Target tests grocery home delivery
The retailer is working with Instacart to deliver groceries in the Minneapolis area. Both parties expect the initial pilot to be expanded to markets across the country.
August 26, 2015
Target says SEC won’t take action over data breach
The Securities and Exchange Commission doesn’t plan to penalize Target after concluding its investigation of the massive data breach that hit the company in 2013.
August 25, 2015
Target to pay $2.8 million to settle discrimination suit
Target will pay $2.8 million to thousands of candidates for upper-level jobs who were rejected because of company tests that screened out applicants based on their color, ethnicity and gender.
August 19, 2015
Target exceeds expectations
The chain has raised its full-year outlook after a stronger than expected second quarter. Target’s same-store sales improved 2.4 percent in the latest period.
August 19, 2015
Target reaches deal with Visa over breach
Target has agreed to pay $67 million to settle legal claims brought against it by Visa and card issuers over the chain’s 2013 data breach.
August 5, 2015
Target to test beacons
Target’s beacon test will involve 50 stores in markets including Chicago, Denver, San Francisco and Seattle, plus 15 others in the Twin Cities area.
August 5, 2015
Target to rename CityTarget and Express stores in Chicago
Regardless of the store size or format, all of Target’s locations in Chicago will be simply called Target.
August 3, 2015
Big brands target gamers
Companies including HTC and Procter & Gamble are using video games and electronic sports to connect with Millennials.
July 9, 2015
Target’s ‘Open House’ focuses on IoT opportunity
Target is opening an experimental 3,500 square-foot store in San Francisco this week with products designed for connected homes.
July 9, 2015
Marketers target influencers
Eight-four percent of marketing pros expect to run at least one campaign seeking to influence influencers over the next year, according to a May 2015 study by Schlesinger Associates for Augure.
June 26, 2015
Target’s top merchandiser is out
Kathee Tesija, who was once seen as the likely successor to former Target CEO Gregg Steinhafel, will move to an advisory role as Brian Cornell continues to put his stamp on the retailer.
June 16, 2015
Target/CVS deal harbinger of many retail mergers to come
Worldwide, 53 percent of retail and CPG companies will look for acquisitions in the next 12 months, according to the bi-annually released Global Capital Confidence Barometer from EY.
June 10, 2015
Target to end pre-paid wireless service
Current Target Brightspot customers have been notified the service will no longer be available beginning next year.
June 4, 2015
Target to go plaid for fall
Target is going “mad for plaid” with a promotion beginning in August that will go beyond fashion to include other categories such as grocery.
June 2, 2015
Target CEO discusses turnaround plan
Brian Cornell said the chain has more planned collaborations with big name designers on the way.
May 26, 2015
Lowe’s looks to gain from Target’s loss in Canada
Target’s exit from the Canadian market means 13 new stores for the home improvement chain.
May 20, 2015
The Target turnaround is underway
Target’s same-store sales improved 2.3 percent in the first quarter while profits jumped 52 percent.
May 20, 2015
Pep Boys may be a takeover target
Golden Gate Capital is among a list of investment firms looking at a possible acquisition of the auto parts retailer, according to a Wall Street Journal report.
May 14, 2015
Target to add smart home displays to stores
The chain plans to add eight-foot displays featuring products for connected homes in its stores later this month.
April 20, 2015
Target scores again with Lilly Pulitzer’s line
Reminiscent of Target’s experience with a run on Missoni product’s in 2011, a line of 250 items by hot designer Lilly Pulitzer sold out in hours yesterday in the chain’s stores.
April 15, 2015
Target looks to settle data breach dispute with MasterCard
Target, should a deal be reached, will pay $20 million to reimburse banks for costs incurred as a result of the data breach that struck the retailer in 2013.
April 14, 2015
Former Safeway and PetSmart exec to lead Target’s grocery biz
Anne Dament has been charged with fixing Target’s grocery operations in her new role as senior vice president of merchandising.
March 31, 2015
Target getting out of Canada earlier than planned
Target now plans to have all its stores in Canada closed by mid-April, roughly a month ahead of schedule.
March 19, 2015
Target to give its workers a raise
Target plans to up its minimum wage for all workers to $9 an hour to match Walmart and others.
March 13, 2015
TargetExpress built with college kids in mind
The new TargetExpress in College Park, MD will open before students at the University of Maryland return for the fall semester.
March 11, 2015
Target axe comes down hard on HQ employees
Target fired 1,700 people and decided to leave another 1,400 jobs open as part of CEO Brian Cornell’s plan to cut $500 million in costs.
February 25, 2015
Target posts loss on pullout from Canada
Same-store sales at Target increased 3.8 percent in the latest quarter, but the debacle that was Canada meant the retailer lost money.
February 17, 2015
Suppliers to take hit as Target Canada goes out of business
Vendors to the company’s Canadian operations are hoping for the best but expecting the worst from the bankruptcy proceedings.
February 12, 2015
Target cutting HQ jobs as Canadian operations end
Target is cutting 550 positions, many of them connected to the company’s failed attempt to expand into the Canadian market.
February 9, 2015
Target rocks an ad block on Grammy telecast
Target bought four consecutive minutes of air time to let the band Imagine Dragons perform their new single “Shots” while promoting the chain’s #MoreMusic campaign.
February 5, 2015
Target begins liquidation sale in Canada
Target is offering discounts to clear its 133 Canadian stores of merchandise beginning today.
February 4, 2015
Target finds new CIO at Tesco
Mike McNamara, a former executive at Tesco, has been named as Target’s new chief information officer. Mr. McNamara will replace Bob DeRodes, who is retiring, and report directly to CEO Brian Cornell.
January 19, 2015
Sony following on heels of Target’s retreat from Canada
Sony will close all of its stores in Canada, a total of 14, within the next 6 to 8 weeks. Customers are being directed to third-party retailers in the country or to the company’s website and call centers.
January 16, 2015
Target not the only U.S. chain to have struggled in Canada
Walmart closed Sam’s Club in Canada in 2009 while Best Buy and Big Lots have also closed stores after failing to connect with Canadian consumers.
January 15, 2015
Target bails on Canada
Target has lost $1.6 billion since entering the Canadian market. Now, the company has decided it’s time to call it quits.
January 5, 2015
Will Target bail on Canada?
The answer to that question may be coming soon as Target analyzes whether its aggressive push for the holidays paid off.
January 5, 2015
Retailers make good LBO targets
PetSmart’s acquisition by BC Partners has led to speculation about what retail chain may be the next to be taken over. A Bloomberg article suggests that Bed Bath & Beyond, Dick’s Sporting Goods, GameStop and Pier 1 Imports are attractive targets.
2014
68 articles
December 3, 2014
Target works with Google to gamify its mobile marketing
Target is participating in Google’s Art Copy & Code program to create a set of six mobile games. While available for all, customers visiting stores will find three-digit codes that unlock hidden game features.
November 19, 2014
Target’s progress is ahead of Wall Street’s expectations
Target’s comp-store sales were up 1.2 percent during the third quarter and store traffic is nearly back to its pre-breach levels.
November 17, 2014
Target’s new mobile app helps shoppers navigate stores
Target’s new app will link products with maps of its stores.
November 10, 2014
Holiday season critical for Target Canada
The holidays will show just how far Target has come in its Canadian turnaround.
November 5, 2014
Target announces store closings
Target will close 11 underperforming stores in Georgia, Illinois, Indiana, Iowa, Kansas, Michigan and Texas. The stores will close by Feb. 1 of next year.
November 5, 2014
Target to sell 3-D printed jewelry and ornaments
Target will sell customizable jewelry and ornaments in partnership with Shapeways, a 3-D printing service.
November 4, 2014
#AlexFromTarget is a social media hit
A teenager who works at Target has more than 400,000 followers on Twitter.
October 23, 2014
Analyst speculates on Target’s future in Canada
Perry Caicco at CIBC World Markets wrote a report in which he suggests Target may wind up selling its stores to Walmart or another buyer if it doesn’t turn around its business in Canada by the end of next year.
October 22, 2014
Target plays Santa with free shipping offer
Target will offer free shipping on all orders placed during the holiday season regardless of price.
October 9, 2014
Target CEO says every store in Canada needs to do better
Brian Cornell, CEO of Target, is preaching a back to retailing basics approach for what ails the company in Canada.
September 12, 2014
Home Depot hackers not the same as Target’s
The malware used to breach the security of the two chains was different, which could mean the thefts were carried out by different sets of criminals.
September 4, 2014
Kohl’s, Target commercials among most popular for BTS
Five of the top 10 most popular commercials for back-to-school were from retailers, according to Ace Metrix.
September 4, 2014
Target to open Express stores in SF Bay area
Target plans to open an Express store in San Francisco’s Financial District and another in Berkeley next March.
August 29, 2014
Nordstrom, Target use Like2Buy to turn Instagram looks into buys
Retailers have done well attracting followers on Instagram but until now have been frustrated in converting views into click-thrus to their e-commerce pages.
August 21, 2014
Target lowers forecast, again
The retailer’s problems in Canada and the U.S. are bigger than previously thought.
August 18, 2014
Target starts longer holiday hours in August
Reportedly to get in step for the coming holiday season, Target will extend its hours this month to accommodate late night shopping in over half its stores.
August 14, 2014
Target has new plan for Canada
Target is focused on keeping shelves stocked while adding more products that Canadian consumers like.
August 6, 2014
Target comes out in support of gay marriage
Target has signed a legal brief in a pending court case involving cases in Indiana and Wisconsin that are scheduled to go before the Seventh U.S. Circuit Court of Appeals later this month.
August 6, 2014
Target IDs location for second Express store
Target will open its second Express store next summer in the Highland Park area of St. Paul.
August 5, 2014
Target opens Silicon Valley hub
Target opened a new tech office employing 15 people in Sunnyvale, CA this week. The retailer previously opened its Technology Innovation Center in San Francisco in 2012.
July 28, 2014
Patent trolls target retailers
Retail is the industry most often targeted by patent trolls for lawsuits, according to a new study from Patent Freedom.
July 23, 2014
First TargetExpress opens for business
Target is opening a 20,000-square-foot TargetExpress store near the University of Minnesota campus in Dinkytown today.
July 9, 2014
Target brings in outside talent to fill e-comm and IT spots
Target has hired executives with experience at Shopigniter, First Data Corp and BCGB Max Azria for key positions within its e-commerce and IT organization.
July 9, 2014
Target hopes helping kids will help sales
Target is looking to donate one of its Up & Up private label school-supply products to the Kids in Need Foundation for each one it sells between July 13 and August 2.
July 3, 2014
Target asks customers to leave their rifles at home
Target is asking “open carry” activists to make their political statements somewhere other than in its stores.
June 24, 2014
Target’s problems predated data breach
Target was made successful with a corporate culture that embraced taking chances. That all stopped, according to the columnists, when Gregg Steinhafel looked to minimize risks during the nation’s economic downturn.
June 23, 2014
Test store points to Target’s future
When Target wants to test new ideas, it takes them to a store in northeast Minneapolis.
June 17, 2014
Target testing college registry
Target has launched a beta test of a registry where family and friends can find items that students will need as they head off to college. Target currently operates baby and wedding registries.
June 16, 2014
Glitch hits Target’s checkouts
A yet to be fully explained “glitch” caused delays at checkout counters in some Target stores yesterday. The company said the problem has been fixed.
June 13, 2014
Will Sam’s Club CEO take over at Target?
Rosalind Brewer may be on the short list of candidates to run Target, according to Brian Sozzi, CEO of Belus Capital Advisors.
June 13, 2014
Facebook to take new approach to target ads
Facebook plans to run ads based on the sites that its members visit when they’re not on the social media site.
June 12, 2014
Moms group takes on Target’s open carry gun policy
A group called Moms Demand Action for Gun Sense in America, formed following the Newtown, Connecticut tragedy, is staging “stroller jam” demonstrations and leading a petition signing campaign to pressure Target to change its policy allowing the open carrying of firearms.
June 11, 2014
Target in test to sell liquor in Minnesota
Target sells beer, wine and spirits in 1,300 of its 1,800 stores across the country but has until now held off in Minnesota due to regulations that require separate entrances and other complications to operations.
June 10, 2014
Target CEO ditching committees
Target’s interim CEO John Mulligan is looking for fewer committee meetings and more action from the executives that make of the company’s leadership team.
June 6, 2014
Target seeks connection with Millennials
Baby Boomers may think Target is cool, but Gen Y has a different feeling altogether.
June 6, 2014
Loaded handgun left in Target toy department
Police are trying to find the person or persons who left a loaded 9mm handgun in the toy department of a Target in Myrtle Beach, SC.
June 4, 2014
Target takes heat for open-carry policy
The group, Moms Demand Action for Gun Sense in America, has taken to Twitter to criticize Target for allowing members of groups such as Open Carry Texas to walk around its stores with rifles slung over their shoulders.
May 29, 2014
Target to test same-day delivery
Target plans to test same-day delivery in Boston, Miami and Minnesota beginning next month.
May 29, 2014
ISS: Target shareholders should dump board members
Holders of Target shares should vote to replace seven of the 10 members on the company’s board for their failure to prevent last year’s massive data breach, according to Institutional Shareholder Services Inc.
May 28, 2014
Target to get into e-book business
The retailer is partnering with Librify, an e-book subscription service, to offer its “guests” an online platform for buying and discussing their favorite literary works.
May 22, 2014
Target in need of some innovation
Target watchers believe the chain is being defined by its problems and is in danger of losing its cheap chic cache.
May 21, 2014
Target bringing in-store clinics to Lone Star State
Target will open clinics in eight of its stores in Texas this year. The company currently has about 70 clinics operating in Florida, Illinois, Maryland, Minnesota, North Carolina and Virginia.
May 20, 2014
Tony Fisher, Target’s head of Canadian operations, is out
Tony Fisher, 38, president of Target’s Canadian operations, is being replaced by 15-year U.S. company veteran Mark Schindele, 45.
May 20, 2014
Former Target CEO’s severance package lower than expected
Gregg Steinhafel’s $21.3 million severance deal is not nearly as high as many of the more outrageous departing packages reaped by top executives leaving companies in recent years.
May 16, 2014
Target campaign focuses on chain’s good deeds
Target put its “Around for Good” ad campaign on hold after news of its data breach was made public.
May 7, 2014
Target’s new chair to be scrutinized as retailer seeks CEO
A so-called succession gap at Target has increased the attention being paid to Roxanne Austin, a 12-year member of the retailer’s board, who was named as the new interim chair for the company.
May 6, 2014
Who will be Target’s next CEO?
HSN CEO Mindy Grossman, Bon-Ton Stores’ Brendan Hoffman, Gap’s Glenn Murphy and Victoria’s Secret’s Sharen Turney are among those who might have the right combination of talent and experience to lead Target.
April 29, 2014
Target names new CIO
Bob DeRodes, who has held positions with the Department of Homeland Security, the Department of Defense and the Department of Justice, will take over as Target’s new chief information officer on May 5.
April 18, 2014
Secret Service says it may take years to catch Target’s hackers
The parties responsible for the massive data breach at Target are likely located outside the U.S.
April 3, 2014
Data breach tied to lower shopper satisfaction at Target
Shopper satisfaction scores for Target fell in Cowen & Co.’s latest quarterly Consumer Tracking Survey.
March 25, 2014
Target CFO goes to Washington
John Mulligan, Target’s CFO, will testify before the Senate Commerce Committee regarding the retailer’s plans to protect its data from future breaches.
March 18, 2014
Target to sell products via sitcom
Target will place dozens of products on a new episode of the TBS comedy series “Cougar Town.” In a new twist, consumers will be encouraged to buy the featured items when they appear on their TV screens.
March 14, 2014
Target missed early warnings of data breach
Alerts to Target’s data breach were sounded in November, but the company’s IT security teams in India and the U.S. failed to take appropriate action.
March 12, 2014
Data breach cost Target customers
The percentage of American households shopping in Target stores and on Target.com dropped significantly following the news that the company’s security had been breached.
March 12, 2014
Target takes heat for clumsy use of Photoshop
The chain is being criticized for amateurish photo editing including thigh gaps and missing body parts on Target.com.
March 10, 2014
Target keeps marketing foot to the floor post breach
The retailer will launch its new “Target Run” campaign on March 30.
February 24, 2014
Target focused on fixing Canadian operations
Target has not gotten off to the start it was hoping for when it opened its first stores north of the border. Now, the company is looking for the right approach to connect with Canadian consumers in a meaningful way.
February 6, 2014
Target says chip and PIN adoption ahead of schedule
Target expects to adopt chip and PIN technology six months ahead of the October 2015 deadline set by Visa and MasterCard.
January 30, 2014
Target says hackers gained entry through vendor’s account
Forensic evidence suggests that the criminals who breached Target’s security may have done so using a vendor’s credentials.
January 23, 2014
Target cutting jobs, eiminating other positions
Target laid off 475 corporate employees and eliminated 700 open positions, which combined represents about eight percent of the retailer’s corporate headcount.
January 22, 2014
Target says part-timers will do better on Obamacare
Target says it is dropping healthcare for employees working fewer than 30 hours a week (below 10 percent of its workforce) since new state and federal marketplace options offer better plans at a lower cost when government subsidies are factored in.
January 21, 2014
Are arrests in Texas linked to Target’s data breach?
Local police think they’ve arrested individuals tied to the Target breach while federal officials disagree.
January 14, 2014
Neiman and others, besides Target, also breached
The media is reporting that, according to unnamed sources, Neiman Marcus and at least three other major retailers suffered credit card data breaches over the holidays.
January 14, 2014
Target to invest in security education, credit monitoring
Target said yesterday that the company will spend $5 million on general cybersecurity education for consumers, and will offer a year of free credit monitoring services to its customers, provided by Experian.
January 13, 2014
Target’s Steinhafel pledges to ‘get to the bottom of this’
In an interview with CNBC, Target chief executive Gregg Steinhafel admitted accountability for the data breach that they discovered is worse than originally thought. “We’re responsible but we’re going to come out at the end of this a better company and we’re going to make significant changes,” he said.
January 6, 2014
Target’s Data Breach Gets Industry’s Attention
Retailers big and small are trying to make sure that what happened to Target doesn’t happen to them.
January 3, 2014
Analyst: Target Shrugs Off Data Breach For Strong Holiday
Piper Jaffray & Co. expects Target to post relatively strong numbers for the holiday season when it issues its next earnings report.
January 2, 2014
Target Admits to Gift Card Snafu
As if a data breach affecting tens of millions wasn’t enough, Target announced that a small percentage of gift cards sold during the holiday season weren’t fully activated. The chain has promised to make things right for those customers affected.
2013
62 articles
December 23, 2013
The Aftermath: Target Takes a 3 to 4 Percent Hit
As reported by the Wall Street Journal, Target’s transaction count for the last weekend before Christmas fell 3 – 4 percent vs. the same period last year.
December 20, 2013
The Finger Pointing Phase Begins in Target Breach Case
Information is still sketchy as to the point(s) of weakness in Target’s security that allowed for the theft of data from nearly 40 million credit and cash cards, but credit card processors have been quick to claim innocence.
December 20, 2013
And the Lawsuits Against Target Begin
Hours after Target announced the breach in its credit card data security, the company was slapped with a lawsuit in California by Jennifer Kirk, a customer whose aim is to elevate the case to class action status.
December 19, 2013
Target Hacked, Data From 40 Million Cards Compromised
In the second biggest data breach of a retailer on record, Target revealed that information from about 40 million credit and debit cards was stolen between November 27 and December 15. Sources report that nearly all Target locations were hacked as thieves somehow gained access to data via point-of-sale software.
December 16, 2013
Reports of Product Shortages Irk Target Management
Target denies widespread out-of-stock issues despite consumer complaints of gaps in grocery and toy department shelves.
December 5, 2013
Target Tweets Engage Guests
Target has nearly one million followers on Twitter.
November 22, 2013
Target Gets Its Act Together in Canada
Target has had inventory problems and trouble driving sales in Canada, but the company maintains that it is seeing improvement and will achieve success.
November 21, 2013
Target Sees Steep Drop in Earnings
The discount chain is blaming its poor earnings on its Canadian venture and “constrained” spending by U.S. consumers.
November 12, 2013
Target Copies Amazon
Amazon does online retailing better than anyone else and Target seems to believe it can get ahead by following the example of the online leader.
November 11, 2013
Target Latest to Announce Thanksgiving Opening
Target will open stores at 8:00 on Thanksgiving night.
November 8, 2013
Target Takes Social Hits Over iPad Trade-In Offer
A lack of staff and long wait times were among the complaints lodged by consumers who took Target up on its $200 gift card offer for people trading in their older iPads for the newest models.
October 29, 2013
Target Canada Announces More Store Openings
Target will open 33 more stores across Canada by the end of this month including its first stores in the provinces of New Brunswick, Prince Edward Island and Newfoundland.
October 28, 2013
Target Announces Sustainable Product Standard
The chain is working with GoodGuide to measure baby, household, and beauty care product suppliers across a variety of sustainability standards.
October 23, 2013
Is Safeway On Takeover Target List?
Cerberus Capital Management is reportedly looking at making a bid for all or part of the second largest traditional grocery store operator in the U.S.
October 21, 2013
Target Unveils Hot Toy List
Target is following Toys “R” Us and Walmart in publishing a list of toys the company expects to be hot sellers this holiday season.
October 18, 2013
Target Emulates Apple Store in CE Test
Target is testing remodeled consumer electronics departments that allow guests to try out products before they buy.
October 9, 2013
Target Works With Vendors to Promote Sustainability
The Target Sustainable Product Standard was developed to establish a common approach to addressing sustainability issues.
October 3, 2013
Target Launching Pre-Paid Mobile Service
Target guests will be able to get Brightspot, the retailer’s new prepaid mobile service using the T-Mobile network, beginning this Sunday.
September 30, 2013
Mark’s Gets Manly in Competition With Target Canada
Mark’s, a division of Canadian Tire, is going back to its roots. Previously known as Mark’s Work Wearhouse, the chain is refocusing efforts on its male customers in an effort to separate itself from its newest rival, Target.
September 20, 2013
Target’s Seasonal Hires to Work More Hours
To meet the needs of its guests, Target plans to hire fewer workers this holiday season while giving them more hours.
September 18, 2013
Target Raises Canadian Store Count to 82
With the recent opening of 14 more outlets in Canada, Target is moving quickly towards its goal of 124 in the country by year’s end.
August 19, 2013
Canadians Unimpressed With Target Experience
Out-of-stocks and higher than expected prices are two reasons that Canadians have been disappointed with Target so far.
August 5, 2013
Target Focused on Tech Innovation
The retailer has made daily innovation part of employees’ job descriptions.
July 24, 2013
Target Looks to Connect with Shoppers in Stores
Target is using in-store signage and an online video to expand the number of consumers using its mobile app.
July 12, 2013
Target Optimistic About Back-to-School
An increased selection of products for kids going to college has the discount chain feeling good about its prospects during the second biggest selling season behind Christmas.
July 11, 2013
Target Producing YouTube Reality Show
Target is launching a YouTube campaign that lets online shoppers interact with people living in dorm rooms laid out with the chain’s merchandise.
July 8, 2013
Target’s Founder Passes Away
Douglas Dayton, the first president at Target, passed away last Friday after losing a battle to cancer.
July 1, 2013
Target Goes Slow But Confidently With Cartwheel
The beta test of Cartwheel by Target has led to more than 200,000 users redeeming more than $275,000 in digital coupons, and growth expectations are optimistic.
June 12, 2013
REDcard is Target’s Not So Secret Weapon
A five percent discount off of already low prices shows that you really can buy loyalty.
June 10, 2013
Target Debuts Organic/Natural Private Label Brand
Simply Balanced is a 250-item line of organic and natural shelf stable, refrigerated and frozen grocery products from Target.
June 5, 2013
Target Stores Losing Sales to Target Canada
Target Canada is giving Canadians a reason to shop closer to home. That’s hurt the sales of Target stores in the U.S. that are near the Canadian border.
June 4, 2013
Target Seems Likely to Get Canadian Bump
Target is off to a good start and it appears as though its stores in Canada are likely to sell a greater percentage of high margin apparel and home goods than here in the U.S.
May 31, 2013
‘Target Effect’ Helps Keep Lid on Canada’s Inflation Rate
Retail pricing has become more competitive in Canada since Target entered the market and that may be having some effect on the rate of inflation, according to the Organization for Economic Co-operation and Development.
May 29, 2013
Target Adding In-Store Beauty Consultants
Target is expanding its beauty-services concierge to 200 stores this year.
May 23, 2013
Target Encouraged By Quick Start in Canada
Target’s overall numbers came in lower than expected, but the chain is off to a better than expected start in Canada.
May 17, 2013
Target Testing Streaming Video Service
The beta of Target Ticket will allow users, currently only employees of the retail chain, to stream or download videos.
May 10, 2013
Sobey’s and Target Best of ‘Frenemies’ in Canada
Sobey’s is Target’s grocery wholesaler in Canada while it competes with the American import at retail.
May 8, 2013
Shoppers Turning Cartwheels to Target Stores
Target is testing Cartwheel, a service that offers in-store deals to Facebook users.
May 7, 2013
Target Builds Dollhouse of Big Apple Proportions
The retailer constructed a life-sized dollhouse inside of New York’s Grand Central Station to bring attention to its new Threshold home décor line.
April 29, 2013
CMO Has Pushed Target Into Digital Age
Jeff Jones, Target’s CMO, has focused on collapsing corporate silos to execute more effectively across channels.
April 29, 2013
Is Rue21 a Takeover Target?
Rue21, the fast-growing seller of graphic t-shirts for teens, has little debt on its books. That makes it a prime candidate for a leveraged buyout offer.
April 29, 2013
Target and Wired Team Up on Gadgets
Target plans to sell gadgets from Wired brand kiosks located on end-caps in its 1,800 plus stores in the U.S. as well as on target.com.
April 25, 2013
Target Adding Groceries in Florida
Target is adding expanded grocery sections to its discount stores in the Sunshine State.
April 5, 2013
Target Apologizes to Plus-Size Female Guests
Target labeled the color of a plus-size dress “manatee gray” while the same item in a smaller size was called “dark heather gray.”
March 28, 2013
Target Expands P-Fresh Initiative in San Antonio
Soon all of Target’s stores in the San Antonio market will include fresh foods.
March 27, 2013
Target’s Presence Will Benefit Canadian Consumers
Tony Fisher, president of Target Canada, believes his company’s entrance into the Canadian market will force retailers in the country to improve their service levels and pricing.
March 25, 2013
Target Pumps Up Mobile Coupon Marketing Efforts
Target’s new mobile ad campaign makes use of mobile ads and SMS to drive awareness and increase adoption of its mobile coupon offers.
March 21, 2013
Ho Hum: Not All Canadians Impressed by Target
Empty shelves, a lack of unique products and the perception that Walmart has lower prices are among the complaints being lodged by consumers against Target as it opens for business in Canada.
March 19, 2013
Target Sees Shelves Empty as Canadians Storm Stores
Target may face a consumer backlash in Canada if it doesn’t keep up with demand.
March 18, 2013
Qatari Investment Firm Plans to Target Marks & Spencer
The Qatar Investment Authority is reportedly looking to bring together private equity investors to make an £8 billion offer for the British retailer.
March 15, 2013
Target Buys Two Kitchenware Businesses
Target is creating a new subsidiary named TCC Cooking Co. after acquiring Cooking.com and Chefs Catalog.
March 15, 2013
Target Opening In-Store Clinics in Chicagoland
The retailer plans to open in-store clinics in three locations in the Chicago area.
March 13, 2013
Target Partners with FEED USA for Charitable Collection
FEED USA + Target is a limited-time, American-themed collection that will benefit Feeding America. The line includes home items, sporting goods, stationery, apparel and accessories.
March 7, 2013
Target and Fast Company Announce Mobile App Contest
Target Corporation and Fast Company have launched a contest to award $75,000 to a developer who creates the best new mobile app or mobile website for the chain.
March 5, 2013
Target Canada Opens Doors For First Time
Target is launching three pilot stores in Ontario today with plans to open more later in the month.
February 28, 2013
Target’s Canada Push to Pinch Bottom Line in Short Term
Target’s most recent numbers came in below expectations as costs for its move into Canada provided a drag on profits.
February 25, 2013
Target Promises Faster Checkouts in Canada
With its first commercials in Canada, Target wants consumers there to know they can expect something Walmart can’t promise — “a short line…every time.”
February 20, 2013
Target’s Grand Canadian Opening Draws Near
Target is hoping to start a romance with Canadian consumers that will last forever when it opens its first stores over the next few weeks.
February 7, 2013
Cyber Criminals Target Bashas
The grocery chain operator based in Arizona said it has removed sophisticated malware from its system.
January 21, 2013
Target Kicks Off Snack Bowl Promotion
Target has chosen to develop a mobile game rather than spend millions on commercials during the Super Bowl.
January 17, 2013
Target Debuts Online-Only Brands
Target.com is featuring six new fashion and home brands that are not being sold in the chain’s stores.
January 7, 2013
Target Ties Fashion Heritage to Food initiative
Target’s “Everyday Collection” campaign promotes its selection of popular grocery items at low prices.
2012
67 articles
December 7, 2012
Target Benefits From Ad Sales
Target features ads on its site that enable brands to retarget consumers.
November 26, 2012
Neighborhood Markets Target Traditional Grocers
Walmart is turning up the heat on grocery competitors in Colorado with the addition of Neighborhood Markets to the Supercenters it already operates in the state.
November 21, 2012
Amazon, Target Are Favored to Win Black Friday
The two retailers are perceived as offering the greatest value, according to YouGov BrandIndex.
November 19, 2012
Target Drives Customer Engagement with REDcard
There’s nothing like five percent off on every order as well as free shipping for items purchased online to get consumers signing up for a retailer branded credit or debit card.
November 13, 2012
Target Debuts Duet Spots for Black Friday
Seeing may not mean believing as Target’s “Deal Duet” commercials are more off the wall than out of the box.
November 12, 2012
Target, Toys ‘R’ Us Latest to Announce Thanksgiving Hours
How long will it be before chains open their doors before the Macy’s Thanksgiving parade?
November 9, 2012
Target Exacts Its ‘Revenge’
Not only is Target buying all the ad time on an episode of ABC’s “Revenge” this Sunday, it is using the show’s actors in its commercials.
November 8, 2012
Target Intros CNET Gadget Reviews In-Aisle
In addition to appearing on Target’s website, CNET Editors’ Picks will now be displayed on screens in Target stores.
November 2, 2012
Target CEO Feels Good About Holiday Prospects
Target CEO Gregg Steinhafel believes the retailer has the right marketing and merchandising plan in place to drive the chain’s business higher during the holiday selling season.
October 23, 2012
Target to Sell Credit Card Portfolio to TD Bank
Target announced that it has reached an agreement to sell its entire consumer credit card portfolio to TD Bank Group. The two companies entered into a seven-year deal under which TD Bank will underwrite, fund and own future Target Credit Card and Target Visa receivables in the U.S.
October 18, 2012
Target and Neiman Marcus Debut Designer Collection
Target and Neiman Marcus debuted their holiday collection of 50 limited-edition gift items, priced from $7.99 to $499.99, that will be available Dec. 1 in both companies’ stores and websites.
October 16, 2012
Target Gets Early Start on the Holidays
Halloween is still two weeks away and Target has already aired its first commercial for the Christmas season.
October 11, 2012
It’s All About ‘We’ for Target CEO
Target CEO Gregg Steinhafel has been able to successful infuse teamwork and collaboration across a massive organization.
October 11, 2012
Retailers Tout Canadian Roots Ahead of Target’s Entry
A wide range of retailers including Canadian Tire, Holt Renfrew & Co., Sears Canada and Shoppers Drug Mart are promoting heavily ahead of Target’s planned store openings in 2013.
October 9, 2012
Mamils (Middle-Aged Men in Lycra) New Target Market in U.K.
Middle-aged men have taken up biking in the U.K. following the success of Bradley Wiggins in the Olympics and they are spending thousands on bikes and other gear.
October 5, 2012
Target to End Monthly Reports
Target is the latest retailer to go to quarterly reports. The company said it would stop monthly same-store reports beginning with its new fiscal year.
October 3, 2012
Target Promoting Exclusive Toys to Drive Christmas Volume
Target will offer hundreds of exclusive toys during the holiday as a means to differentiate itself from the competition.
October 2, 2012
Target Debuts Film Written by ‘Madmen’ Alum
Target is debuting a film on its website that stars Kristen Bell (Forgetting Sarah Marshall), is written by Semi Chellas (Madmen) and directed by Phil Abraham (Madmen). All of the products in the film can be purchased on Target.com and in the chain’s stores.
October 1, 2012
Target to Bring Life to Canadian Retail Scene
Many Canadian shoppers are anticipating a breath of fresh air on the retail scene as Target replaces tired Zellers’ locations.
September 25, 2012
Target Recalls Dog Treats After Positive Test for Salmonella
Target has recalled six-count 5-inch packages of Boots & Barkley American Beef Bully Sticks sold between April and September over concerns the product may provide a health threat to humans and pets.
September 19, 2012
Target to Hire Fewer Seasonal Holiday Workers
Target to hire 80-90,000 seasonal workers, vs. 92,000 hired last year. But, 30% of those hired last year stayed on. Overall, analysts expect similar holiday season to last year. Kohl’s to hire 10% more seasonal workers.
August 23, 2012
In Low Price War, Target Wins the August Battle
In the latest monthly Walmart/Target price comparison by Bloomberg, Target came out lowest all around for the first time since last October. Gains were made by cutting into Walmart’s low price gap in groceries.
August 16, 2012
Target’s Management Sees Better Things Ahead
Target is getting a boost from grocery sales and its REDcard transactions.
August 10, 2012
Little Known Unit Helps Grow Target’s Top/Bottom Lines
You may not hear much about Target Commercial Interiors, but it is an important part of Target Corporation’s business
July 25, 2012
Natural Foods Restaurant Finds Home in CityTarget
The new State Street CityTarget will feature a Pret A Manger.
July 24, 2012
Target Converting 30 Stores to P-fresh Format
The retailer continues to emphasize grocery as a means to drive store traffic.
July 19, 2012
Target Readies City Store Openings
Target will open the first of its smaller CityTarget locations on July 25 in Chicago, Los Angeles and Seattle.
July 18, 2012
Target Promotes Mobile App for B-T-S
Target is trying to steer consumers to use its mobile app for back-to-school shopping.
July 16, 2012
Target Adds Cards for Same-Sex Couples
Greeting cards will be placed under rack headers that read, “For Two Special Women” and “For Two Special Men.”
July 13, 2012
Target Decision Not to Stock CD Unrelated to Artist’s Past
Target says the decision not to stock Frank Ocean’s new album has to do with the one-week exclusive deal he made with iTunes and not because the lyrics are tied to gay relationships in the past.
June 27, 2012
Tween Brands Connects with Target Consumers
Tween Brands Inc.’s Justice banner is outselling both Target and Walmart in young girls apparel.
June 26, 2012
New Target CMO Discusses Chain’s Marketing Plans
What can you expect from Target under Jeff Jones’ leadership? The retailer will make greater investments in digital marketing, for one.
June 25, 2012
Target Helped Lead Maternity Fashion Transformation
Target’s partnership with Liz Lange Maternity in 2002 helped to reinvent how women dressed while they were pregnant.
June 14, 2012
Supervalu Makes Analysts’ Lists as Likely Takeover Target
Supervalu is seen as a likely target by investment firms because of the company’s low stock and assets that can be sold off to reduce debt.
June 13, 2012
Microsoft Looks to Target Ads Based on Viewers’ Moods
Microsoft filed a patent in 2010 on technology that would serve up ads based on a variety of factors including people’s facial expressions and body language.
June 6, 2012
Target Looking at Denver for New City Store
Target is looking at a number of downtown sites in Denver as possible locations for its smaller City format.
May 30, 2012
Target Hangs Out ‘Help Wanted’ Sign in B.C.
Target is looking to recruit roughly 2,500 people to work in its planned stores in British Columbia.
May 23, 2012
Target Sells LGBT ‘Pride’ Shirts
Target is selling a line of shirts to support the Family Equality Council. Each shirt sells for $12.99 with Target capping its contribution at $120,000.
May 17, 2012
Target Focused on Multi-Channel Integration
Target is looking to seamlessly integrate its various shopping channels.
May 11, 2012
Canadian Tire: We’re Canadian and Target Isn’t
Canadian Tire sees its national heritage as an advantage to exploit when Target opens its first stores in Canada.
May 4, 2012
Target CEO Talks Company’s Past and Future
Target is turning 50.
May 3, 2012
Target to Discontinue Amazon Kindle Sales
Target has decided to stop selling e-readers and tablets from its retail rival.
May 2, 2012
Another CityTarget Announced for LA
The announcement that a 99,000 sq. ft. Target for the Beverly Connection shopping center, specifically designed for urban dwellers, will bring the total of CityTargets in development to four for the state of California.
April 25, 2012
Target Remodels to Advance P-Fresh Initiative
Ninety more Target stores will have expanded selections of fresh, frozen, refrigerated and shelf-stable grocery products by the end of June.
April 23, 2012
Target Brings In New Tenants in Canada
Canadian landlords are finding that it is easier to rent out space in malls that will be the future home of a Target store.
April 18, 2012
Wall Street Sees Best Buy as Takeover Target
Best Buy’s struggles have analysts speculating that it may become an acquisition target.
April 2, 2012
Canadian Vendors Learn How to Do Business Target Style
Canadian companies are paying big bucks to learn what Target is looking for in its vendors.
March 27, 2012
Loblaw Buys Zeller Rx Files Ahead of Target’s Canadian Entry
Target is taking over 135 Zellers leases in Canada, but chose not to buy the chain’s prescription files. Those went to rival Loblaw Cos.
March 22, 2012
Kohl’s, Macy’s Target Millennials
Both chains see opportunities to grow their businesses with fashions that appeal to consumers between the ages of 13 and 30.
March 21, 2012
A&F Seen as Takeover Target
Abercrombie & Fitch has seen its stock price rise as speculation grows that it may be ripe for acquisition.
February 29, 2012
Loblaw Prez: We’re Ready for Target
The retailer is developing a new loyalty card program and taking other steps as it readies for Target’s entry into the Canadian market next year.
February 23, 2012
Target Pops Up Early in Canada
Target is opening a pop-up store in Toronto to give Canadian consumers a sneak peak at what they will see when the chain opens its first stores in the country next year.
February 17, 2012
Target Sees Domestic Growth Ahead
All of the emphasis on Target’s entry into Canada doesn’t mean the company isn’t looking to expand in the U.S. The chain plans to open 20 new stores in the states this year.
February 17, 2012
Sears Canada Cutting Prices Ahead of Target Entry
Sears Canada is cutting prices on up to 20 percent of its items as it seeks to breath new life into its business.
February 17, 2012
Target Knows More About Its Guests Than They Know
Data insights are key to Target’s performance.
February 16, 2012
Starbucks to Serve Coffee at Canadian Targets
The majority of new Target stores in Canada will come with a Starbucks inside.
February 8, 2012
Michael Graves and Target at an End
The designer who created a line of housewares for Target that helped create his Tar-shay reputation will no longer be working with the chain after 2012.
February 7, 2012
Target Handles Latest Designer Launch with Fewer Complaints
Many of the issues that caused a consumer uproar when Target launched its limited edition Missoni line have not been repeated with its newest collection from Jason Wu.
February 6, 2012
More Designer Frenzy at Target
Upscale designer Jason Wu has a new, limited edition line at Target. You could tell by the lines forming outside the chain’s stores yesterday.
February 3, 2012
Target Rebounds From Slow Holiday Season
Christmas may not have been great for the chain, but Target is off to a good start in the New Year.
February 2, 2012
Target Pays to Get Its Name Back in Canada
Fairweather will no longer use the word Target in its Canadian store banners after January 2013. The U.S. chain is expected to open its first stores in Canada in March of next year.
January 31, 2012
Target to Franchise Canadian Pharmacies
Target chose not to buy the prescription files for the Zellers it is acquiring and look for independent pharmacists to own and operate the space within its Canadian stores.
January 27, 2012
Target Goes P-Fresh in Richmond
Target is remodeling three of its 12 stores in the Richmond, VA market to add space for groceries.
January 25, 2012
Target Names New CFO
John Mulligan has been with Target for 16 years. He takes over as CFO from Doug Scovanner who had been in that position for the last 18.
January 23, 2012
Target Want to Close ‘Showroom’ to Online Vendors
Target doesn’t want to be any other merchant’s showroom and has asked vendors to work with it to match the prices offered by online retailers as well as come up with exclusive items not sold by e-tail competitors.
January 6, 2012
Target to Open First Canadian Stores in Early 2013
Target plans to spend roughly $10 million to remodel each store it plans to open in Canada. The retailer is looking to open for business with its first 24 stores in Ontario in either March or April 2013.
January 5, 2012
Best Buy Could Be Takeover Target
Continuing quarters of poor performance could make Best Buy an attractive target for leveraged buyout firms, according to analysts.
2011
60 articles
December 28, 2011
Target Supports Mothers Nursing In-Store
In support of the rights of mothers to openly nurse their children in stores, about a dozen women say they will meet for feeding time at a Target on North Elston in Chicago. Store management is in sympathy with the movement.
December 27, 2011
Target Didn’t Pull Its Punches on Boxing Day
Target extended its hours on Dec. 26 and pushed merchandise out the door at 50 percent off.
November 29, 2011
Target Facing Union Challenge in Canada
Fifteen stores that Target has acquired from Zellers have workers that are members of the United Food and Commercial Workers. The union is arguing they should remain that way when the locations are switched to the Target banner.
November 23, 2011
Target Names Exec to Lead Multichannel Efforts
Target has named Casey Carl as president of multichannel marketing at the company.
November 23, 2011
Crazy Lady Stars in Target Commercials
The star in Target’s commercials is under a lot of stress. Consumers can relate.
November 22, 2011
Target in Short Supply on Eggs
Some Target stores are low on eggs after the company made the decision to dump a supplier accused of animal cruelty.
November 18, 2011
Target Selling Pharmacy Customer Files in Canada
Target is looking to sell prescription customer files obtained from Zellers and start from scratch with its pharmacy operations as it moves into Canada.
November 17, 2011
Target CEO Says Website is Fixed
Target CEO Gregg Steinhafel expressed confidence that the company’s website will be able to handle any increase in traffic this holiday season. Target.com has suffered some well-documented outages since its relaunch.
November 2, 2011
Target CFO Announces Retirement
Doug Scovanner, Target’s chief financial officer, will step down in March of next year.
October 26, 2011
Consumer Electronics Key to Target’s Christmas
The retailer is looking for video games and electronic gadgets to help boost sales for the holiday season.
October 26, 2011
Target.com Crashes Again
Target is having all kinds of problem with its website. The retailer suffered another outage on Tuesday, making it impossible for consumers to place online orders for two-and-a-half hours.
October 21, 2011
Target Helps to Catch the Bad Guys
Target makes its forensics labs available to law enforcement agencies at no cost.
October 14, 2011
Target to Sell Only Sustainable Seafood by 2015
The retail chain is changing its seafood sourcing policy as concerns about overfishing continue to grow.
October 14, 2011
Target.com Crashes Again, Online Chief Leaves Company
Steve Eastman is no longer president of Target.com although the company said his departure is not connected to repeated outages on the site.
October 6, 2011
Target Still Having Issues with Relaunched Site
Consumer complaints are up since Target took over its own website from Amazon.
October 4, 2011
Target Names Next Hot Designer Line
Jason Wu counts first lady Michelle Obama as one of his fans.
September 26, 2011
Target Picks Sobeys as Canadian Grocery Supplier
Sobeys will distribute dry, frozen and refrigerated grocery products to Target’s stores in Canada.
September 22, 2011
Target Still Has a Missoni Issue
Consumers are complaining on Facebook and Twitter that Target is either delaying or outright canceling some orders for its limited edition Missoni line.
September 19, 2011
Payless Seen as Takeover Target
Collective Brands, owner of Payless ShoeSource, is said to be considering all its options.
September 14, 2011
Target Hit with Missoni Madness
Demand for the new Missoni line at Target crashed the company’s website and cleared stores of inventory yesterday.
August 24, 2011
A Bold, New Target.com Debuts
Target’s redesigned website features a home page more dependent on graphic impact, along with a streamlined checkout and greater social media integration.
August 19, 2011
New Target.com Coming Next Week
Target is relaunching its website with many products not found in stores as it seeks to increase its online sales.
August 12, 2011
Target Goes Mobile with Limited Time Deals
Guests who “like” a particular deal have a short period of time to get special deals from Target.
August 11, 2011
New Chicago Target to Have British Flavor
Target’s new store in Chicago’s Loop will include a shop run by the British healthy sandwich chain Pret A Manger.
August 10, 2011
Target’s Commercials: Slices of Life in 15 Seconds
Target has produced 125 15-second commercials that each look at how a single product plays into the daily lives of its guests.
July 12, 2011
Target First with Google E-Reader
Target said it would be the first retailer to sell a new reading device that gives consumers Wi-Fi access to Google’s e-library.
July 11, 2011
Target Taking P-Fresh Program Northward
Expanded food sections have helped improved Target’s numbers in the U.S. The chain plans to test the concept when it begins opening stores in Canada.
June 27, 2011
Canadian Judge Rules Against Target in Name Dispute
Target failed to make its case that allowing Fairweather Ltd. to use the Target Apparel name would cause it irreparable damage as it moved into the Canadian market.
June 17, 2011
Vote for Union Could Change Target, Retail Business
All eyes are on Valley Stream, NY as associates at a Target store there prepare to vote yes or no on union representation.
June 10, 2011
Restaurants Target Patrons with Higher Incomes
High unemployment and incomes that have not kept up with inflation have caused many middle-income consumers to cut back on trips out to eat. Restaurant chains are now trying to attract those less affected by the economy.
June 9, 2011
Target CEO Addresses Political Donation Issue with Shareholders
Target CEO Gregg Steinhafel said the company did not want to get involved in contentious social issues and would support candidates and legislation that address the company’s business objectives.
June 2, 2011
Target Ups Canadian Investment
Target has doubled the amount of money it has budgeted to remodel Zellers in Canada over the next three years.
May 27, 2011
Target Announces Planned Canadian Store Openings
Target has identified the first 105 Zellers it plans to re-open under its own banner.
May 25, 2011
UFCW in Canada Looks to Organize New Target Stores
The United Food and Commercial Workers union is hoping to have better success in organizing Target stores in Canada than it has with Walmart.
May 20, 2011
Target Ahead of Schedule for Canadian Entry
Target CEO Gregg Steinhafel said the company would soon identify the first 100 to 150 stores it plans to open in Canada.
May 19, 2011
P&G Goes Retro on Target’s Shelves
Procter & Gamble is introducing limited edition, retro versions of brands including Bounce, Downy and Tide in Target stores this month.
May 18, 2011
Target Adds Groceries to Milwaukee Stores
Target is remodeling five stores in the Milwaukee market as part of the company’s P-fresh initiative.
May 18, 2011
Targets Gets Lift from Credit Card Business
Better than expected numbers from Target are largely due to a much larger portion of the chain’s shoppers using its credit card.
May 18, 2011
Ackman Sells Off Shares in Target
Activist investor William Ackman has sold his shares in Target following a history of unsuccessfully trying to get the chain to spin off its real estate holdings and gain a seat on its board.
May 12, 2011
Target Still Dealing with Political Controversy
All sizzle and no steak. That is the author’s assessment of Target’s response to the controversy caused by its support for a political candidate seen as hostile to the LGBT community.
May 2, 2011
Target Takes Name Fight to Canadian Court
What will Target do if it can’t open stores under its own banner in Canada?
April 28, 2011
Target Eyes Portland for City Store
Target appears to have found a location in Oregon to open one of its new, smaller format stores.
April 26, 2011
Canadian Tire Prepares for Target
Canadian Tire knows that Target will give it a run for its money, but the chain’s chairwoman says it has competed successfully with American retailers for years.
April 22, 2011
Arkansas Target Gets Bigwig Visitors
It’s not every Target store manager who knows the CEO of Walmart.
April 21, 2011
Target Evaluating Canadian Sites
The American retailer is in the process of determining which of the Zellers it acquired will be reopened under the Target banner in 2013.
April 8, 2011
Amazon and Target: A Tale of Two Different Tax Statements
What’s off about this picture? Target had an effective tax rate of 35.1 percent in 2010 while Amazon.com’s rate was below 24 percent.
April 7, 2011
Target Sees $6 Billion Annual Opportunity in Canada
Target is looking to eventually generate between $6 billion and $7 billion in annual sales at stores it plans to open in Canada.
April 6, 2011
Target Exec Talks Hispanic Marketing
David Salazar, manager of guest insights for Target, says the key to attracting Hispanic consumers is “relevant product mix.”
March 23, 2011
Target to Cut Salt in Store Brands
Target is the latest to join the National Salt Reduction initiative.
March 15, 2011
American Eagle Takeover Target Du Jour
The latest chain to become the focus of takeover speculation in financial circles is American Eagle.
March 9, 2011
Lady Gaga Nixes Target Deal Over Chain’s Political Contributions
Lady Gaga has pulled out of a deal to give Target the rights to sell an exclusive version of her latest album. The recording artist pulled out of the deal in protest over the chain’s contributions to an organization that supported a candidate with anti-gay views in November’s gubernatorial election in Minnesota.
March 9, 2011
Target to Open More In-Store Clinics
Target plans to open eight new clinics inside stores by the end of July. With the new additions, the retailer will operate 44 Target Clinics located in Florida, Illinois, Maryland and Minnesota.
March 3, 2011
Target: Credit Card Delinquencies Way Down
The number of Redcard accounts with three or more payments 60 days past due during February dropped from 6.1 percent in 2010 to four percent last month. Those that were 90 days passed due fell from 4.5 percent last year to 2.9 percent, according to Target.
February 25, 2011
Target Ramping Up New Store Openings
The discount chain plans to add twice as many stores in the U.S. this year versus those it opened in 2010 and the company sees revenues and profits making a big jump in the next six or seven years as it enters the Canadian market.
February 18, 2011
Target Develops New Policy for Political Contributions
A flap over Target’s donation to a group that endorsed a conservative candidate opposed to gay marriage has led the retailer to create a new system to determine what candidates and/or political organizations it should support.
February 17, 2011
Target Stars on Top Chef
A Target store in the New York area was prominently featured in yesterday’s Top Chef episode on the Bravo network.
February 16, 2011
Target to Open in Historic Chicago Location
Target will open a new store in the old Carson Pirie Scott & Co. building on State Street in Chicago.
February 11, 2011
Target Gets Exclusive on New Lady Gaga Album
Target has signed a deal to offer an exclusive deluxe edition of Lady Gaga’s new “Born This Way” album. Fans of Lady Gaga can pre-order the album on the Target website and get a free download of the first single from the collection in the process.
January 19, 2011
Target Sued Over Its Name
Fairweather Ltd. has filed a $250-million lawsuit against Target, claiming it holds the rights to the “Target” name in Canada. Fairweather began operating stores under the Target Apparel banner in 2005.
January 14, 2011
Target to Sell Credit Card Biz
Target has hired First Annapolis to help it find a buyer for its $6.7 billion in credit card receivables.
2010
60 articles
December 29, 2010
American Eagle and SCVNGR Target Time Square Revelers
Teen clothing retailer American Eagle and location-based marketer SCVNGR will both make donations to Big Brothers Big Sisters on behalf of participants in a set of on-the-scene, Times Square, New Year’s Eve challenges.
December 29, 2010
BJ’s May Be Target of Hostile Bid
BJ’s stock was active in pre-market trading this morning on reports that U.S. buyout firm Leonard Green & Partners remains intent on acquisition if the wholesale club does not initiate an auction within the next few weeks.
December 28, 2010
Carl’s Jr. and Hardee’s Target Mobile Customers with Location-Based Promotion
Carl’s Jr. and Hardee’s are hoping customers with iPhones and Androids will try out their proprietary Happy Star Rewards app to do GPS “checkins” and then take a spin on “The Wheel of Awesome” on both brands’ Facebook pages.
December 10, 2010
Target Looking at Chicago Landmark Location
Target is said to be close to a deal to move into the former Carson Pirie Scott location at 1 S. State in Chicago.
December 1, 2010
Target Appears Ahead of Expectations
Cleveland Research projects Target’s November sales could be up as much as six percent based on jumps in consumer electronics, groceries, toys and women’s apparel. The high estimate for the chain is four percent for the month.
November 18, 2010
Target CEO Predicts Happy Holidays for Chain
Target is looking for a same-store increase of between two and four percent for the fourth quarter, putting the chain in the position of having its best holiday season in three years.
November 12, 2010
Target.com Selling Fresh Christmas Trees
Consumers can pre-order Christmas trees from Target now with the retailer starting to ship orders on Nov. 15. Trees range from $79.99 to $159.99 and include free shipping.
November 10, 2010
Target: Coupon Glitch Fixed
Target said a system glitch that prevented consumers from getting full value on coupons since the summer has been fixed.
November 9, 2010
Target to Override Coupon Glitch Manually
Target has instructed cashiers to enter coupon codes by hand until it comes up with an automated fix to a technical glitch that has shortchanged consumers on the value of coupons going back to August.
November 4, 2010
Target to Open in Downtown LA
Target’s agreement to lease a 100,000 square-foot space represents one of the biggest deals in decades for downtown Los Angeles.
November 2, 2010
Target to Sell Apple’s iPhone
Target, which already sells Apple’s iPad, will now begin selling the iPhone 4 and iPhone 3GS beginning this month. The company will handle activation in stores.
October 15, 2010
Target Has Name Recognition Problem in Canada
Target’s planned expansion in Canada may face a major hurdle. Someone else owns the right to the name up north.
October 12, 2010
Target Looks for Early Lead in Holiday Toys
Target announced it would discount prices on more than 1,000 toys for the holiday season. It also said it offered 250 exclusive toys that could only be bought in its stores or on target.com.
October 6, 2010
Target Plans Canadian Expansion
Developers are excited about Target’s plan to enter the Canadian market with up to 10 store openings in 2014 and 2015.
October 1, 2010
Target Creates Jobs with New Stores
Target is opening 10 new stores in six states on Oct. 10, creating more than 2,400 jobs in the process.
September 22, 2010
Target Gets Support for Downtown Store
Sam Adams, the mayor of Portland, Oregon, is actively seeking to bring Target to the city’s downtown area.
September 16, 2010
Target Sees Growth With Fresh Approach to Business
The P-Fresh initiative at Target is taking off with the chain planning to add expanded grocery sections with fresh foods to 400 more stores in 2011.
September 2, 2010
Target Opening In-Store Clinics
The chain plans to open eight clinics at locations in the Chicago area and Palm Beach, Florida.
August 27, 2010
Target Customizes Ads Online
“My TargetWeekly” will alert consumers to special deals on their favorite products, enable them to grab coupons and share the good news with others on Twitter and Facebook.
August 26, 2010
Target and Wal-Mart in Food Fight
Target and Wal-Mart are remodeling stores in the Twin Cities area with a heavy emphasis on food.
August 26, 2010
Target Expanding Mobile Concept
Target Mobile centers, operated by RadioShack, will be in every one of the mass merchandiser’s stores by the end of 2011.
August 25, 2010
Target: Cheap, Chic and Service-Oriented
Target is adding technical support services and recycling for consumer electronics.
August 20, 2010
MSNBC Rejects Ad Bashing Target
MSNBC has refused to run a commercial from MoveOn.org that criticizes Target for its support of an anti-gay political candidate for governor in Minnesota. The broadcaster cited its rule against ads bashing individual companies as the reason behind its decisions.
August 19, 2010
Target Expects Big Gains From Credit Cards
Profits from Target’s credit card business doubled in the last quarter as the chain saw a big drop in the number of consumers defaulting on their debt. The retailer expects to add one to two percent to its sales numbers in future quarters as it rolls out a five percent discount for consumers who use its REDcard to purchase products in its stores and on target.com.
August 17, 2010
Target and Gay Rights Group Fail to Make a Deal
The Human Rights Campaign and Target are still at odds over the retailer’s donation of $150,000 to a group in Minnesota supporting a candidate for governor who does not support the right of same-sex couples to marry.
August 6, 2010
Target Sees Room for Growth in Aloha State
Target plans to invest upwards of $40 million to build the chain’s fifth store in Hawaii. The 130,000-square-foot store is scheduled to open in July 2012 at a location in Kailua.
August 6, 2010
Target CEO ‘Sorry’ About Political Donation
Target CEO Greg Steinhafel said he was “genuinely sorry” for the pain caused by the company’s decision to contribute $150,000 to an organization supporting a candidate for governor in Minnesota who many view as hostile to gays and lesbians.
August 5, 2010
Target Closing Garden Centers
Target has decided that other categories can be more productive in the space currently devoted to garden centers in its stores. The retailer plans to close all of its 262 garden centers next month.
July 30, 2010
Justin Timberlake Coming to Target
Pop singer Justin Timberlake, who started the William Rast fashion line with childhood friend Trace Ayala in 2005, is bringing a special collection to the chain’s stores and website in December.
July 29, 2010
Analyst: Target’s New Initiatives On-Target
Deborah Weinswig, an analyst with Citi Investment Research, believes Target’s PFresh initiative and its new credit card discount will help improve revenues and profits at the discount chain’s stores.
July 22, 2010
Target Goes Uptown
Target will officially open its first location in Manhattan with products tailored to the East Harlem neighborhood where it hopes to do business for many years to come.
July 14, 2010
Alice Adds Former Target Exec to Board
Dale Nitschke, former president of Target.com and current CEO of Ovative/Group, has been named to the board of directors at Alice.com.
July 9, 2010
Target Customers Paying Off Card Balances
The number of Target’s credit card holders in arrears is at its lowest rate in almost two years.
July 2, 2010
GM Picks Target Markets for Electric Car
General Motors plans to test sales of its Volt electric car in California, Connecticut, New Jersey, New York, Michigan and the Washington, D.C. area. The automaker plans to launch the Volt in November.
July 2, 2010
Target to Take Manhattan
Target plans to open its first store in Manhattan this month at a location in east Harlem. The chain has stores already operating in the New York City boroughs of the Bronx, Brooklyn and Queens.
June 30, 2010
Target Engages in Underground Advertising
Target is paying the New York Mass Transit Authority $42,000 a week to entirely wrap a subway train with its advertising.
June 22, 2010
Growth in the Cards for Target
Target management believes that offering a five percent discount on every purchase will drive more consumers to use its debit and credit cards and, in turn, build revenues and profits for the retailer.
June 21, 2010
Target Expands to Full DemandTec Suite
Target began working with DemandTec in 2007 to help make more localized merchandising and marketing decisions, and has now extended its subscription to complete its planned deployment of DemandTec’s entire nextGEN solution suite.
June 3, 2010
Target Opening Health Clinics
Target plans to open eight new in-store clinics this September at locations in Chicago and Palm Beach, Fla. The chain, which opened its first clinic in 2006, currently operates 28 in stores in Maryland and Minnesota.
June 2, 2010
Luxury Shops Target Wealthy Shoppers
The luxury goods market is growing again but aspirational shoppers are not driving the business as they have in the past.
June 1, 2010
Target, Others React to Wal-Mart Rollbacks
The summer of 2010 could be a good time for American consumers to save money as Wal-Mart’s announced rollbacks drive other retailers to drop prices as well.
May 28, 2010
Target Adding Fresh Produce to Chicago Stores
Target is bringing its PFresh format, that includes a 10,000 square-foot grocery section, to locations in the Chicago area.
May 18, 2010
Target Looks to Build Consumer Electronics Biz
Target is expanding its video game area in stores across the country and adding larger, more expensive high-definition televisions to its consumer electronics departments, as well.
April 28, 2010
Best Buy and Target Build Online Businesses
Best Buy and Target placed in the top 50 for website traffic in March, according to Compete. Google, Facebook, Yahoo, YouTube and MSN were at the top of the list.
April 22, 2010
Target to Sell Amazon’s E-Reader
Amazon.com’s Kindle will get its initial rollout to 102 Target stores in South Florida as well as one in downtown Minneapolis this Sunday. The chain plans to add the e-reader to the rest of its stores by the end of the year.
April 21, 2010
New Target Card Minus Visa
Target is hoping to increase customer loyalty and drive more sales in its stores and on its website with its own credit card. The chain said it would stop issuing co-branded Visa cards after April 29.
April 15, 2010
Wal-Mart Target of ‘Living Wage’ Proposal in Chicago
Wal-Mart and other retailers that benefit “directly or indirectly” from subsidies from the city of Chicago would be required to pay workers at $11.03 an hour, according to a new “living wage” ordinance proposed by Ald. Freddrenna Lyle.
April 6, 2010
Target Stores Get a Little Greener
Target is adding recycling bins at all its stores. The company does not expect the bins to bring in new shoppers but hopes to gain some credibility with its more eco-conscious guests.
March 25, 2010
Target Facing Lawsuit Over Mervyn’s Sale
Target is among a group of companies being sued by creditors in connection with Mervyn’s bankruptcy in 2008.
March 23, 2010
Marketers Target Male Grooming Needs
Large and small companies believe there is a lot of money to be made in developing the men’s grooming products category.
March 23, 2010
Target Card Holders Paying Off Charges
Target is seeing an improvement in its credit card business as the number of shoppers who stayed current with their charges was higher in February than January.
March 9, 2010
Target to Offer Mobile Coupon Savings
Target shoppers will be able to use bar codes on their mobile phone screens to receive discounts at the retail chain’s stores across the U.S. beginning tomorrow.
March 1, 2010
Target Goes Exclusive With Gaultier
Select Target stores will be selling an exclusive, limited-edition line of women’s clothing from French designer Jean Paul Gaultier between March 7 and April 11.
February 3, 2010
Wal-Mart, Target Squeezing Video Kiosk Operators
Limits on DVD purchases imposed by Target and Wal-Mart may adversely affect the ability of Redbox and NCR to stock new releases in their movie rental kiosks.
January 27, 2010
Target Says No to Farmed Salmon
Target plans to only sell wild-caught salmon in its stores in a move hailed by environmentalists.
January 21, 2010
Target to Test Smaller Format, Expand Outside of U.S.
Target is in the process of developing a new smaller store format for urban areas and is looking to open stores in Canada, Mexico and Latin America over the next three to five years.
January 20, 2010
Target Promotes ‘Wii Fit Experience’
Target has set up exercise kiosks at store entrances and in parking lots at nine of its locations in the U.S. as part of a shopper marketing program to promote the Wii Fit Plus weight loss game.
January 18, 2010
Target May Lease Historic Carson Site on Chicago’s State Street
Target is said to be in talks with Joseph Freed & Associates to lease the historic Carson Pirie Scott & Co. building on State Street in Chicago. The retailer is said to be looking at leasing about 80,000 square-feet on two stories at the location.
January 18, 2010
Target Not Selling Indian Tech Unit
Target has emphatically denied a published report that it intends to sell its technology unit in India to Wipro Ltd.
January 15, 2010
Target Expands Consumer Electronics Installation Service
Target is offering delivery and installation services for flat panel televisions and other consumer electronics as it seeks to keep pace with rivals including Best Buy and Wal-Mart Stores.
2009
45 articles
December 10, 2009
Wal-Mart Making Target-Like Impact
Wal-Mart’s Project Impact remodeling program has the chain’s locations looking more like rival Target’s stores.
December 2, 2009
Target Uses Gift Cards to Entice Shoppers
Target is giving away gift cards to consumers every day as part of its Give and Get Sweepstakes program.
December 1, 2009
Target Testing Alternate Reward Programs
Current holders of Target credit cards get a coupon for 10 percent off on a day’s shopping for every $1,000 they spend with the retailer. Now, the company is testing other options including a straight three or five percent off to see if it helps to drive more purchases than the current program.
November 18, 2009
Target’s Food Initiative Producing Results
Early results of efforts to add fresh produce to Target’s general merchandise stores have been encouraging, making it more likely the retailer will take the concept chain-wide in the future.
November 12, 2009
Store Raids Target Fake Designer Goods
Police and federal immigration investors confiscated what they believe to be more than 1,600 counterfeit items from retail stores in Duluth, Minn. The fakes were being passed off as designer goods from Coach, Dooney and Bourke, Dolce and Gabanna, Fend, Louis Vuitton, Prada and others.
November 6, 2009
Target.com Adding Videos to Engage Shoppers
Target is using videos on its website to help spread the cheer and perhaps get consumers spending a bit more freely for the holidays.
November 4, 2009
Target CEO Calls Technology Center Sales Rumor ‘Ridiculous’
Target has no intentions of selling its technology center in Bangalore, India. CEO Gregg Steinhafel said the center is important to Target’s long-term strategic goals.
October 30, 2009
RadioShack Setting Up Cell Phone Departments in Target
Target has decided to outsource its cell phone departments to RadioShack.
October 19, 2009
Target to Pay Shoppers to Reuse Bags
Target plans to give shoppers a nickel for every reusable bag they use at the chain’s stores.
October 12, 2009
Target’s Food Expansion Continues
Target’s test putting fresh foods into general merchandise stores is likely to put increased pressure on mainstream grocers.
October 7, 2009
Target to Price Battle Wal-Mart in Toyland
Target plans to match Wal-Mart price-for-price on toys this holiday season.
September 11, 2009
Target to Make Tote Bags from Times Square Billboard
Target plans to use the vinyl facing from its billboard in New York’s Times Square to create 1,600 tote bags by designer Anna Sui.
September 11, 2009
Target Plans Annual Elections for Board Members
Target is looking to go from staggering the elections of board members to counting votes for every member on an annual basis.
September 10, 2009
Target Employees Taking ‘Live Well Challenge’
Target is testing a 12-week employee wellness program known as the “Live Well Challenge.”
September 3, 2009
Target Execs Discuss Challenges of Past Year
Target’s chief executive along with its chief marketing officer, EVP of Merchandising and EVP of Stores discuss how the retailer has handled the many challenges it has faced over the past year.
August 28, 2009
Penney and Target Named as Gonzalez Victims
J.C. Penney and Target were added to the list of retailers including BJ’s Wholesale Club, Hannaford, Sports Authority, TJX and 7-Eleven that had customer data compromised by Albert Gonzalez.
August 19, 2009
Target to Up Marketing Spend
Target plans to spend more on its marketing in the second half of this year versus what it spent last year, according to Target CFO Douglas Scovanner.
August 11, 2009
Target Opening New DC
Target is opening a new distribution center in Newton, NC today. The facility will serve the chain’s stores in parts of North Carolina and Virginia.
July 28, 2009
Smaller Target Stocks More Food
A new target in the Bronx, NY is smaller than most of the chain’s stores. It also has a much larger food section than many shoppers are used to in Target’s general merchandise locations.
July 22, 2009
Target Quietly Opening 23 Stores Today
Target has 23 quiet openings planned for stores across the country today with official grand openings slated for Sunday.
July 15, 2009
Target May Back Wal-Mart on Mandated Healthcare
Target sees situations where it could support a mandate on employers to provide healthcare coverage for employees.
July 9, 2009
Report: Grocery Key to Target’s Future Growth
A new Retail Forward Intelligence System report, “Target Outlook: Preparing for a New Decade,” identifies groceries as one opportunity for the chain to increase shopper visits and rings at the checkout.
June 24, 2009
Target Makes Move in Office Furniture Market
Target Commercial Interiors is geared to serving the office furniture needs of small and medium-size businesses.
June 10, 2009
Organized Theft Rings Target Retailers
Over 90 percent of retailers report having been hit by organized crime rings over the past year, according to the National Retail Federation.
June 4, 2009
Lack of Execution Said to Hamper Target’s Food Efforts
Unusually high levels of out-of-stocks and other operations issues are keeping Target from achieving its full potential in grocery, according to one observer.
May 26, 2009
Ackman Will Hold Stock if Elected to Target Board
William Ackman, who runs the Pershing Square Capital Management hedge fund, said he plans to hold onto his share of Target stock for at least five years if elected to the company’s board of directors.
May 19, 2009
Simon Says Target Should Hold Onto Real Estate
Richard Sokolov, president and chief operation officer at Simon Property Group, thinks it would be a mistake for Target to spin off its real estate assets. Mr. Sokolov said doing so would hurt Target’s credit rating, result in higher borrowing costs and limit the retailer’s financial flexibility.
May 18, 2009
Target Tests Employee Health Monitoring Program
Target is testing a program that provides employees with a medical screening and a personalized plan to improve their wellbeing and reduce the company’s healthcare costs.
May 12, 2009
Target Testing Mini Supermarkets in Discount Stores
Target is introducing a new concept by remodeling grocery sections in 100 stores to make them more of a mini supermarket. It may eventually roll out the concept to all its discount format locations.
May 7, 2009
Target Pops Up on Chicago’s Magnificent Mile
Target is opening its first pop-up store in Chicago today as part of a three-day “Bullseye Bazaar.”
May 1, 2009
Target Tests New Beauty Department
Target is testing a new beauty concept in eight Chicago-area stores that brings together cosmetics, skin and hair care products in a single department.
April 24, 2009
Target Seeing Fewer Late Balances
The number of Target cardholders who were behind on their balances fell 5.6 percent in March. The chain said the company wrote off $101 million in bad debt for the month.
April 17, 2009
Target CEO Sees Signs of Turnaround
Signs that the economy may be in the beginning stages of a turnaround are encouraging to Gregg Steinhafel, chief executive officer of Target.
April 10, 2009
Target Store May Get Windmill
A Target in West Palm Beach, Florida may get a 100-foot tall windmill to provide about five percent of the store’s energy needs.
April 3, 2009
Starbucks to Test Instant Coffee Sales in B&N, Costco and Target
Starbucks is testing sales of its new VIA instant coffee in select Barnes & Noble, Costco and Target stores.
April 1, 2009
Target Beefing Up Grocery Selection
Target is expanding its selection of groceries in stores in Muncie, Indiana and markets around the country.
March 4, 2009
Target to Buy Land for Massachusetts DC
Target is close to finalizing a deal to buy 15 acres in Westfield, Mass. The retailer plans to build a $100 million distribution center on the site.
March 4, 2009
Target Plans 27 Grand Openings
Target will open 27 new stores including its first two units in Hawaii this Sunday. Six of the new stores will be SuperTargets.
March 3, 2009
Prince and Target Make Music Together
The artist formerly and currently known as Prince is releasing a three-disc CD that will be exclusively sold in Target’s stores and on its website.
February 25, 2009
Target Makes Wal-Mart-Like Changes
Coming off a 41 percent plunge in fourth quarter net income, Target execs spelled out a plan that puts greater emphasis on grocery, less on discretionary items and beefs up technology in its pharmacies and other areas.
February 18, 2009
Ackman Ups Stake in Target
William Ackman’s Pershing Square Capital hedge fund has raised its stake in Target from 2.6 percent of the company’s shares to 3.56 percent.
February 2, 2009
Target to Continue Charitable Giving
Target intends to continue giving five percent of its profits to charity despite having just cut 1,000 workers.
January 28, 2009
Target Closing DC, Cutting Jobs
Target is closing a distribution center in Little Rock, Arkansas, and eliminating about nine percent of the jobs at its corporate headquarters in response to current economic conditions.
January 22, 2009
Target Dealing with Unpaid Credit Cards
The percentage of uncollectible credit card receivables at Target reached 12.28 percent in January up from 6.84 percent a year ago.
January 16, 2009
Steinhafel Named Chairman of Target
Gregg Steinhafel has added chairman to his titles of president and chief executive officer at Target. He replaces Bob Ulrich who is retiring after 41 years with the company.
2008
35 articles
December 22, 2008
Target Readying for Spring Price Battle with Wal-Mart
Following 13 straight months in which Wal-Mart has beaten the discount chain in same-store-sales comparisons, Target is said to be retooling its advertising and marketing for a lower-price image.
November 20, 2008
Investor Pushes Target REIT
William Ackman is pushing for Target to spin off its real estate assets to create a real-estate investment trust (REIT). The manager of the Pershing Square Capital Management hedge fund said an initial public offering of a Target REIT would raise $5.1 billion.
November 20, 2008
Target to Open New Hybrid Format
A new Target concept is said to be a cross between its Super Target and discount store formats.
November 11, 2008
Marketers Target President-Elect
A whole host of ads have been launched by groups and brands offering President-elect Barack Obama advice.
October 24, 2008
Target Slowing Store Growth, Tightening Credit Terms
Target is scaling back the number of stores it plans to open in 2009 and 2010. It also plans to tighten standards for its credit card as it is expecting write-offs to jump to nine percent this year.
October 22, 2008
Target to Pay Penalty for Overcharges
Target has agreed to pay a civil penalty of $1.745 million after investigators discovered the chain had overcharged consumers in five California counties.
October 13, 2008
Former Target Exec Talks Innovation During Tough Times
Robyn Waters, former vice president of trend, design and product development at Target, thinks innovation is more critical than ever during periods of economic uncertainty.
September 23, 2008
Target’s Credit Card Biz Takes a Hit
Target customers are finding it harder to keep up with payments on the store’s credit card.
September 2, 2008
Target Popping Up All Over Manhattan
Target plans to open four “pop-up” stores around Manhattan next week. The retailer will feature designer merchandise that will not be available at any of its other stores for another month.
August 12, 2008
Former Designer for Target Produces Line for Babies ‘R’ Us
Amy Coe, who once designed a line of baby products for Target, is creating a new line of merchandise including clothes, diaper bags and furniture for the Babies ‘R’ Us chain.
August 6, 2008
Target CEO Talks
Target CEO Gregg Steinhafel says the company is doing a good job at getting consumers to spend on basics but is looking to get more of its guests’ discretionary dollars.
July 30, 2008
Target.com Offers Installation Services
Shoppers who buy consumer electronics on Target’s website can now get products installed by Zip Express, a third-party supplier. It’s the first time the retailer has offered installation services.
July 28, 2008
Target Opens 43 New Stores
A total of 43 new Target Stores opened in states across the nation yesterday.
July 28, 2008
Retailers Target Kids Going Off to College
The National Retail Federation reports that students going off to college plan to spend more this year.
July 3, 2008
Target Not Accepting Fraudulent Coupons
Target is no longer accepting coupons for $5 off a purchase at company stores because the coupons have been tampered with. The original valid coupons had offered consumers $5 off the purchase of a toy valued at $25 or more.
June 16, 2008
Twin Cities Grocers Give Ground to SuperTarget
SuperTarget has captured a 10 percent share of the Minneapolis/St. Paul grocery market since it first opened seven years ago.
June 3, 2008
Target Moves Channel Red into Pharmacies
Target is testing its Channel Red in-store television network in 100 of the chain’s pharmacies to promote health and wellness products.
May 28, 2008
Target Launching Limited-Edition Line
Target is launching an exclusive limited edition line of bedding, furniture and stationery items under the Sami Hayek for Target label.
May 6, 2008
Target Sells Portion of Credit Card Business
Target has sold a 47 percent stake in its credit card business to JP Morgan Chase for $3.6 billion.
April 29, 2008
Target Line to Debut in Barneys New York
Before the “Rogan for Target” line rolls out at the mass merchant’s stores across the U.S. next month, it will be sold at Barneys in Manhattan and Beverly Hills.
April 28, 2008
Target CEO to Retire This Week
Bob Ulrich has helped build Target into one of the most influential retailers in the U.S.
April 24, 2008
Target Plans for Fashion After Mizrahi
Target plans to make itself the next fashion star in its stores now that celebrity designer Isaac Mizrahi has left to join Liz Claiborne.
April 8, 2008
Target CEO Takes Hit in the Wallet
An off year for Target meant that Robert Ulrich’s salary and bonus was down 42 percent last year.
April 4, 2008
Target Diverts Luxury Beauty Brands to its Stores
Bare Escentuals, Bumble, Clarins, Kiehl’s and Origins are being sold in Target despite the fact that the luxury beauty brands have no formal business relationship with the cheap chic chain.
March 19, 2008
Target Keeps Its Focus on the Brand
Target management under Robert Ulrich and soon to be under Greg Steinhafel isn’t about self-promotion. “It should be all about the brand,” said Mr. Steinhafel.
March 10, 2008
Target Faces Competition From All Sides
Are Target’s rivals using its own cheap chic strategy to out compete the mass merchandiser?
March 5, 2008
Target Opens First Store in Nation’s Capital
Target’s first store in Washington, D.C. will anchor the largest retail real estate project in that city.
February 25, 2008
Consumers Spend More, Shop Less Often at Target
Target doesn’t have any trouble with consumers spending when they are in its stores. The challenge is increasing the frequency of their shopping visits.
February 19, 2008
Target Security Rolls on Segways
Security workers at 150 Target stores will be patrolling parking lots on Segway scooters.
February 11, 2008
Target New Generation Stores Built Bigger
Target’s P2009 general merchandise and S2009 SuperTarget format stores are both larger than existing models to allow more room to emphasize food and consumer electronics. The new “green” format stores also give new prominence to pharmacy.
January 29, 2008
Target Dedicates Eight Feet to Natural HBC
Target and other mainstream retailers are expanding the amount of shelf space dedicated to organic and natural health and beauty care items.
January 25, 2008
Von Furstenberg Sues Target Over Dress Design
The Diane Von Furstenberg Studio claims Target’s “Merona Animal Print Wrap Dress” infringes on its copyright. The retailer has stopped selling the dress online but continues to sell it in its stores.
January 25, 2008
Target Breaks Ground on First Hawaii Site
Target has broken ground in Kapolei on the site of its first store in Hawaii.
January 23, 2008
Target Credit Card Biz a Harder Sell Today
The pool of potential candidates to buy Target’s credit card business is shrinking as firms deal with their own financial challenges.
January 18, 2008
Target Intros New Exclusive Baby Line
The DwellStudio for Target line of home and baby items will roll out in the retailer’s stores this month.
2007
29 articles
December 20, 2007
Target Still Considering Sale of Credit Card Biz
The current credit crunch in the U.S. may mean that there is less of a market for Target’s credit card business.
December 14, 2007
Target Opening Furniture Store
Target is opening one of its new Commercial Interiors stores in downtown Minneapolis.
November 21, 2007
Target Selling Used Electronics Online
Target is testing sales of pre-owned consumer electronics on the company’s website.
November 15, 2007
Analyst: Target Unlikely to Sell Credit Card Biz
Virginia Genereux, an analyst with Merrill Lynch, believes it unlikely that Target Corp. will sell its credit card unit.
November 6, 2007
Target Looks to Reduce PVC Use
Target is seeking to reduce the use of Polyvinyl chloride (PVC) in packaging and children’s products.
October 31, 2007
Target Goes Back-to-School for Good Ideas
Target is working with students at the University of Tampa to come up with strategies the retailer might employ to recruit the best hourly and executive-level workers.
October 31, 2007
Self-Distribution Should Pay Dividends for Target
Citigroup analyst Deborah Weinswig believes Target’s move into self-distribution of groceries will enable it to improve in-stock positions, margins and give it the flexibility to add more local products to the mix in its stores.
October 19, 2007
Target Sets Sights on All 50 States
Alaska, Hawaii and Vermont are the only states without a Target and the retail chain has plans to change that.
October 5, 2007
Target, Old Navy, AE Get High Grades from College Kids
College students like Taco Bell, McDonald’s, Old Navy, American Eagle, Target and Apple, according to Anderson Analytics’ third annual brand affinity study.
October 3, 2007
Blind to Sue Target Over Website Accessibility
A U.S. District Judge has ruled that a lawsuit brought by the National Federation of the Blind against Target may proceed. The suit, brought on behalf of a UC Berkeley student, claims Target.com is not accessible to the blind.
October 2, 2007
Target May Need New Logo for U.K.
Target has lost a fight over logo rights after the United Kingdom’s Intellectual Property Office ruled that MusicChoice (a digital music provider) has exclusive rights to the bulls-eye symbol in the U.K.
September 18, 2007
Target Faces Suit by Tennis Star
Andre Agassi claims Target has sold flip-flops bearing his name without permission. The retailer said the items sold were an oversight and product is being relabeled.
August 28, 2007
Target Store to ‘Pop-Up’ in London
Target is planning to open a “pop-up” store inside a Selfridges in London next month.
July 26, 2007
Target Takes Side in HD DVD Format War
Targets plans to sell Sony Blu-ray high definition DVD players for the upcoming Christmas holiday selling season.
July 17, 2007
Ackman Says Target is Undervalued
William Ackman’s Pershing Square Capital Management owns nearly 10 percent of Target stock and the activist investor wants a big return on the investment.
June 25, 2007
iTunes Leapfrogs Amazon and Target as Music Seller
Apple’s iTunes online music store is now the third largest music retailer in the U.S.
June 22, 2007
Target Building Online Fulfillment Center
Target is building a fulfillment center in Tucson to handle online orders.
June 12, 2007
Target Ends Survey After Complaints
Target has pulled a survey that some of its customers found too personal.
June 4, 2007
Target in Wedding Gown Business
Cheap chic takes a walk down the aisle.
June 4, 2007
Target’s Urban Design Gets Thumbs Up
Target’s proposal for a new two-story store in Sacramento addresses its neighbor’s desire for a more urban design.
May 8, 2007
Target Tightening Return Policy
Target will soon require that customers have a receipt for any product return of $20 and above.
April 12, 2007
Target Powering Stores with Solar
Target is adding solar power systems at stores in Antioch, Fremont, Gilroy, Hayward, Stockton and Walnut.
April 12, 2007
Target Plans to Add 100 Stores Per Year
Target intends to open its first stores in Alaska and Hawaii as part of its plan to open up 500 new locations over the next five years.
March 29, 2007
Mixed-Use Developments Target Seniors
New mixed-used projects targeted to seniors are putting living quarters right above retail establishments.
March 26, 2007
Roundy’s Makes Attractive Target
Roundy’s is reportedly drawing a lot of interest from prospective buyers.
March 6, 2007
Target Widely Admired
Target has created a unique position for itself in retailing circles and the result have been increasing profits along with growing contributions to charitable organizations and the nation’s schools.
February 2, 2007
Artists Ink Exclusive Deals with Target
Kenny Loggins and David Cassidy will release CDs only available for purchase at Target.
January 29, 2007
Students Design Packaging for Target
Students at the University of Wisconsin-Stout are designing new labels for Archer Farms at the request of Target.
January 2, 2007
Target Named Marketer of the Year
Target delivers on its “Expect more, and pay less.” promise and that is why MediaPost has named the company its “Retail Marketer of the Year.”
2006
44 articles
December 18, 2006
Target Accused of Stealing Designs
Williams-Sonoma is suing Target for copyright violations.
November 20, 2006
Target’s Credit Card Biz is Not for Sale
Target’s CFO Douglas Scovanner said the company has no plans to sell its credit card unit.
November 16, 2006
Salvation Army Gets $1 Million from Target
Target may not allow Salavation Army bell-ringers in front of its stores but that doesn’t mean it has forgotten the charity.
November 15, 2006
Wal-Mart and Target Get Ready to Rumble
Wal-Mart promises its most aggressive holiday season pricing ever. Target says it will be right there.
November 13, 2006
There’s No Escape from Target’s 2-Day Sale
Target plans to have the magician, David Blaine, attempt to escape from shackles while dangling four stories above Times Square on Thanksgiving Day. That’s not the usual way to announce a sales event but, then again, Target is an unusual retailer.
October 31, 2006
Warren Buffett Takes Larger Stake in Target
Berkshire Hathaway has bought another $268.8 million in Target stock in addition to the 5.5 percent of the company’s shares it already owned.
October 17, 2006
Target Offers Extended Service Plans
Target is to begin selling extended service warranties on consumer electronics purchased in its stores.
October 13, 2006
Publix Matches Wal-Mart and Target on Generic Rx
Publix will now sell $4 generic drugs at its pharmacies.
October 9, 2006
Target Sued Again
First Coach and now Lucky Brand Dungaree. The clothing brand is sueing Target for copyright infringement over an embroidered floral and rear pocket stitch design found on the chain’s private label jeans for girls.
October 3, 2006
Coach Accuses Target of Selling Fake Bags
Coach has filed a lawsuit against Target charging it with selling a counterfeit handbag that it allegedly passed off as a “genuine Coach product.”
September 29, 2006
Target Launching Organic Line
Target will launch an organic foods line under its Archer Farms brand.
September 8, 2006
Target Sued Over Web Site Access
Target is being sued for not making its web site accessible to the blind.
August 28, 2006
Target Opens Medical Clinics
Target is opening medical clinics under its own name at 18 of its stores.
August 24, 2006
It’s Back: Bias Suit Against Target Heads to Court
A suit brought against Target for racial bias in its hiring practices had been dismissed but yesterday a U.S. Court of Appeals in Chicago ruled in favor of reinstating the legal action.
August 23, 2006
Parents Have Problem with Target, Circuit City
Target and Circuit City are among the companies making the Parents Television Council’s worst advertiser list for buying commercial time on programs that are not wholesome and family-oriented.
August 21, 2006
Target Goes to the Mall
Target has about 100 of its stores in malls and the chain is open to looking at more.
August 9, 2006
Living Wagers Take on Target
The Living Wage Coalition in Chicago is now looking to turn up the heat on Target in the same way it demonized Wal-Mart.
August 4, 2006
Target Says No to Chicago’s Living Wage Law
The message is clear. If Chicago enacts its so-called “living wage” law then Target will not be building two new stores in the city.
August 3, 2006
Former Bush Aid to Plead on Target Theft Charge
Claude Allen, a former top domestic policy adviser to President Bush, is expected to plead guilty to misdemeanor theft resulting from his arrest for making fraudulent returns to Target.
July 24, 2006
Target Opens 29 Stores
Target opened 29 new stores yesterday in locations across the U.S.
July 21, 2006
Target Buys Four Federated Properties
Target has purchased four stores from Federated Department Stores. The locations are in California, New Mexico and Pennsylvania.
July 19, 2006
Target Reups with Amazon for Two More Years
Amazon Enterprise Solutions will continue to provide e-commerce technology, order fulfillment and guest services for Target.com for an additional two years.
July 17, 2006
Young Women Love Target.com
Target.com has cracked the top 10 most visited web sites by females in the 16 to 24 age group.
July 14, 2006
Target May Leave Chicago Over Big Box Law
Target may be leaving Chicago if an ordinance that would require big box stores to pay mandated wages and benefits to employees is passed.
June 5, 2006
Target One of Top 10 Credit Card Issuers
Consumers in increasing numbers are looking to save 10 percent off their original purchases with a Target credit card.
May 30, 2006
Target Gets Distribution Rights for Ziggy Marley Album
Target has received the exclusive rights to sell the second solo album from the son of reggae legend Bob Marley.
May 18, 2006
Target Plans to Stay Put in U.S.A.
Target sees plenty of room for the company to grow domestically so it’s not ready to begin casting its eyes to markets overseas.
May 16, 2006
Target Goes a Little Too Upscale
Target is continually pushing the boundaries between its role as a discounter and its image for trendy goods. It may have gone a little too upscale in its “Global Bazaar” effort.
May 5, 2006
Cold Stone to Test Target Locations
Cold Stone Creamery will test four of its upscale ice cream shops in Target stores this fall. The exact locations have yet to be determined.
May 1, 2006
Edina Says No to SuperTarget
The Edina, MN Planning Commission won’t approve plans for a SuperTarget unless the retailer works to make it more pedestrian friendly.
March 28, 2006
Target Launches Bath & Body Shop
Target will rollout its Bath & Body shop at stores nationwide.
March 17, 2006
Target Faces Resistance in its own Backyard
There are many who are unhappy with plans to build a Super Target in St. Paul’s Midway.
March 15, 2006
Target: Former Bush Aide Admitted Trying to Cheat Store
Target claims that a former top aide to President Bush, Claude Allen, admitted to store security that he was attempting to return products he did not purchase.
March 9, 2006
Target Rolls Out In-Store TV Network
Now playing in 1,400 Target stores across the U.S. is Channel Red, the discount chain’s new in-store television network.
February 14, 2006
Target Offers Workers Personal Health Account Option
Employees of Target will now have the option of enrolling in so-called consumer-driven healthcare plans that include health savings accounts (HSA), flexible savings accounts (FSA) or health reimbursement accounts (HRA).
February 9, 2006
Blind Student Sues Target Over Web Site
A blind UC Berkeley student is sueing Target for failing to make its web site accessible to those who cannot see.
January 31, 2006
Forget CSI. How About Target?
When law enforcement authorities want to unravel a mystery, they skip the FBI and go straight to Target.
January 27, 2006
Target Gets Extreme With Sponsorship
Super pipe rider Simon Dumont will be displaying the Target logo on his clothing and skis during appearances at competitions, exhibitions, community and special store events.
January 23, 2006
Target Diversifies Toy Offerings
Target is among the stores selling toys that are looking to add variety to their sections instead of simply going head-to-head on prices with Wal-Mart.
January 20, 2006
Target Wants More of Your Wallet
Target is emphasizing food to get consumers to shop more often and spend more in its stores.
January 12, 2006
Borders May Become Target of Bidding War
Texas Pacific Group, Bain Capital, Apollo Management and Leonard Green Partners are among those said to be interested in acquiring Borders.
January 5, 2006
States Target Wal-Mart with Healthcare Legislation
Legislators in 30 states are preparing legislative proposals to force Wal-Mart to increase its spending on employee healthcare.
2005
29 articles
December 21, 2005
Marketers Target Latinos for Holiday Purchases
Talking toys that speak English and Spanish are part of the effort by marketers to reach Latino consumers this holiday season.
December 16, 2005
Wal-Mart Targets Target
Moves being made at Wal-Mart suggest that it wants a piece of Target’s action.
December 15, 2005
Wal-Mart Targets Consumer Electronics Category
When Wal-Mart is looking to dominate a category, it follows the same successful script. The newest business the giant retailer is looking to take over is consumer electronics.
November 23, 2005
Wal-Mart vs. Target, Target vs. Wal-Mart
The two biggies are set to duke it out this holiday season.
November 21, 2005
Red Kettles Find Place on Target.com
Target maintains its no solicitation rule outside of stores but it is asking visitors to its web site to help the Salvation Army with contributions.
November 7, 2005
Wal-Mart Makes a Big Target
The retailer is on a public relations offensive to burnish its image but so far that hasn’t had much impact on the company’s stock price.
October 21, 2005
Target Goes Vertical in Planned Atlanta Store
Target’s new 150,00-square-foot store opening in Atlanta in March 2007 will have a ground-floor parking lot with an escalator and vermaport.
October 17, 2005
Target and Wal-Mart Share EPC Data with Suppliers
Target and Wal-Mart are finding that sharing EPC data with a group of 13 suppliers in a pilot project makes more sense than competing on their own terms.
October 14, 2005
Groups Call for Boycott of Target Over Political Contributions
The California Consumers United and the Gray Panthers are calling for a boycott of Target stores because of the company’s political contributions to Gov. Arnold Schwarzenegger. The groups claim the Governor’s policies are “anti-senior and anti-consumer.”
October 5, 2005
Target Vice Chairman Leaving
Evidently Gerald Storch is not the heir apparent to Robert Ulrich at Target.
September 14, 2005
Bells Still Won’t Ring Outside Target
Target doesn’t plan to lift its ban on the Salvation Army collecting outside its stores this holiday season.
September 6, 2005
Target to Deal with Price Perceptions Post-Katrina
In a world of soaring prices, is it possible that Target’s upscale image may work against it?
August 1, 2005
Target, Best Buy Benefit from Eminent Domain
Target and Best Buy are two companies who have benefited from communities’ use of eminent domain to free up land for commercial development.
July 28, 2005
Target Loves Backpacks and It Cannot Lie
Target is using the music from a controversial, albeit popular, rap song to advertise backpacks for back-to-school.
July 21, 2005
Senator: Food Supply Easy Target
It wouldn’t take a lot of sophistication to spread biological agents or disease through the food supply says U.S. Senator Pat Roberts, a Republican from Kansas.
July 18, 2005
Target’s Steinhafel Drives Company’s Success
The president of Target, Gregg Steinhafel, is one of the reasons the retailer continues to build on its successes.
July 6, 2005
Target Looking Into Music Downloads
Target plans to get into the music download business with a subscription service.
June 17, 2005
Wal-Mart’s Targets Target’s Customers
Wal-Mart wants what Target already has – consumers spending money on items such as electronics, fashion and housewares.
June 15, 2005
Target Adds Porterhouse Steaks to Menu
Sutton & Dodge Steakhouse Quality Angus Beef will be available at Target stores this summer.
June 13, 2005
Critics Go After Biggest Target
Wal-Mart is the biggest retailer but is it so much different than many of its smaller competitors?
April 18, 2005
Target Tries to Freshen Perishables Image
Target is looking to bring some of the chic appeal it enjoys in fashion to the meat department with its new line of Sutton & Dodge premium steaks.
April 7, 2005
Target Ties the Knot With Registry Deal
Target’s Club Wedd will be the premier registry provider for the most visited wedding Web site, The Knot.
March 29, 2005
UFCW Targets Target
It hasn’t had much in the way of success with Wal-Mart so now the United Food and Commercial Workers Union is trying to organize Target employees.
March 2, 2005
Target Renews Deal with Cherokee
Target has renewed its deal to sell Cherokee-branded clothing, shoes and accessories until January 2007.
February 16, 2005
Vornado and Target Rumor Creates Buzz
A report in Women’s Wear Daily says Vornado Realty Trust and Target are talking about making a joint bid for Sears.
February 15, 2005
Connecticut Dunkin’ Donuts Franchisees Target Hispanics
An association of Connecticut Dunkin’ Donuts franchisees has produced four 30-second Spanish-language TV ads designed for certain marketing zones in the state where there are “a disproportionately high number of Latinos who speak only Spanish.”
February 9, 2005
Target Ban Good Thing For Salvation Army
It turns out that Target’s decision to not allow bell ringers outside its stores this holiday season may have been the best thing it could have done for the Salvation Army.
February 4, 2005
Global Bazaar Creates Buzz at Target
Target’s Global Bazaar department offers furniture and other household items imported from around the world.
February 2, 2005
Mossimo Deal Extended By Target
Target renewed its option to use the design services and trademark of the apparel designer Mossimo for another two years.
2004
58 articles
December 20, 2004
Is Target Hurt Because of Kettle Ban?
A telephone poll by American Research Group says Target had fewer shoppers on the second weekend before Christmas than it did a year ago, perhaps due to its decision to ban Salvation Army solicitations in front of its stores.
December 17, 2004
Target To Become a SuperTarget
Target received approval from the St. Louis Park City Council to expand an existing store into a SuperTarget.
December 10, 2004
Target Says Feliz Navidad
Retailers such as Target are going multicultural with their holiday marketing efforts.
December 3, 2004
Target Still Taking Heat Over Bell Ringer Ban
An editorial in the Detroit Free Press is urging Target to reconsider its ban on Salvation Army bell ringers outside the company’s stores this holiday season.
November 12, 2004
Target CEO’s Comments Spur Sears Speculation
Robert Ulrich’s comment that Target would consider opening stores in malls as well as its standalone properties increased speculation that Sears may be getting ready to unload some of its less successful mall-based locations.
October 28, 2004
Target D.C.
The discount retailer ,Target, has signed an agreement to build a store in Washington, D.C. They city has been trying to attract a large discounter for years, reports USA Today.
October 8, 2004
Costco, Nordstrom and Target Buck Trend
The average retail chain turned in a lukewarm sales performance in September. Costco, Nordstrom and Target were well above average.
September 22, 2004
Clothing Chains Target Women Over 30
Gymboree’s Janesville concept is just one of the recent attempts by clothing retailers to attract female consumers 30 years of age and older.
September 15, 2004
Target Enforces No Solicitation Ban
Target’s enforcement of its no solicitation ban means the Salvation Army won’t have its bell ringers outside the chain’s stores during the winter holiday season.
September 2, 2004
Target Rumored As Bidder For Sainsbury
Shares of the UK supermarket chain, Sainsbury, were higher on rumors Target is considering a bid for the retailer.
August 31, 2004
Wal-Mart, Target Sued Over Taxes For Online Sales
The Attorney General’s Office of illinois has filed suit againt Wal-Mart and Target claiming the retailers aren’t collecting state taxes for sales made on their Web sites.
August 26, 2004
Target’s Cleaning Contractor Failed To Pay OT
Wal-Mart is not the only one having troubles with its cleaning contractors. Global Building Services Inc., which counts Target among its clients, will have to pay overtime to hundreds of janitors it failed to properly compensate in the past.
August 25, 2004
Target Anchors New Mall
A Target store anchors the largest mall to be built in the Bronx in over ten years.
August 23, 2004
Target Fits Customers’ Needs To A ‘T’
Shoppers can order custom-fit chinos, jeans and shirts from Target.com.
August 23, 2004
Sears New Prez of Merchandising From Target
Sears is hoping Luis Padilla can bring some of the merchandising magic he practiced with Target and Marshall Field’s to its business.
August 18, 2004
Younger Consumers Target Of Cialis Spots
New television spots for Cialis feature younger couples than those previously used in commercials and advertisements for the sexual dysfunction drug.
August 13, 2004
Target Rumors Persist North Of Border
The Globe and Mail is reporting that Target may sign a deal to buy part or all of the Hudson Bay Co. within the next two weeks.
August 11, 2004
Target to Launch RFID In Dallas
Target will kickoff its radio frequency identification technology test this fall at a distribution center and 10 stores in the Dallas-Ft. Worth area.
August 3, 2004
Hershey Candies Target Latinos
Hershey and other candy manufacturers are developing confections targeted to the Hispanic market.
June 23, 2004
Target Remodels In Chicago
Target is reformatting stores in Chicago to include aspects of its P2004 prototype, including expanded grocery, baby and entertainment sections.
June 16, 2004
Target Workers Seek Union Representation
A small group of Target employees in the Detroit area are trying to organize stores.
June 16, 2004
What Will Target Do With Mervyn’s
Speculation grows on whether Mervyn’s is worth more for its department store business or its real estate.
May 27, 2004
Corn Sweeteners May Be Next Legal Target
The lawyer who led the fight to remove cigarette commercials from the airwaves back in the 1970’s says manufacturers of corn sweetener are a likely target for those looking to assign blame for the nation’s obesity epidemic.
May 21, 2004
McD’s Target Of Terrorists in Rome and Istanbul
Bombs were placed outside of McDonald’s restaurants in Italy and Turkey with one in Istanbul detonating, causing property damage but no human casualties.
May 20, 2004
Red Brigades Target McD’s In Rome
Homemade bombs with a leaflet from the Red Brigade terrorist organization were found outside a McDonald’s in Rome.
May 10, 2004
Target Plans Big Apple Fashion Show
Target wants to build buzz around its Isaac Mizrahi for Target apparel line with a fashion show dedicated to the designer’s line on June 14 in New York City.
May 10, 2004
Target Plans Big Apple Fashion Show
Target wants to build buzz around its Isaac Mizrahi for Target apparel line with a fashion show dedicated to the designer’s line on June 14 in New York City.
April 29, 2004
Target Sells Catalogs
Target has sold the Signals and Wireless catalogs to Universal Screen Arts.
April 29, 2004
Target Sells Catalogs
Target has sold the Signals and Wireless catalogs to Universal Screen Arts.
April 29, 2004
Malls May Be Terror Target
Shopping malls and consumers in the Los Angeles area have been put on alert after federal authorities reported an uncorroborated threat of an attack.
April 29, 2004
Malls May Be Terror Target
Shopping malls and consumers in the Los Angeles area have been put on alert after federal authorities reported an uncorroborated threat of an attack.
April 27, 2004
Wal-Mart And Target Execs To Discuss RFID
Executives from Wal-Mart, Target Stores, HP, and Kimberly Clark will discuss radio frequency identification technology (RFID) at the Retail Systems 2004/VICS Collaborative Commerce Conference in Chicago on May 18th.
April 27, 2004
Wal-Mart And Target Execs To Discuss RFID
Executives from Wal-Mart, Target Stores, HP, and Kimberly Clark will discuss radio frequency identification technology (RFID) at the Retail Systems 2004/VICS Collaborative Commerce Conference in Chicago on May 18th.
April 27, 2004
Sales At Low-End Of Wal-Mart’s Target
Wal-Mart expects same-store sales to come in closer to four percent than the six percent at the top of its target for April.
April 27, 2004
Sales At Low-End Of Wal-Mart’s Target
Wal-Mart expects same-store sales to come in closer to four percent than the six percent at the top of its target for April.
April 26, 2004
Brooklyn To Get Another Target
Target is negotiating to open its third store in the borough of New York.
April 26, 2004
Brooklyn May Get Another Target
Target is negotiating to open its third store in the borough of New York.
April 26, 2004
Brooklyn May Get Another Target
Target is negotiating to open its third store in the borough of New York.
April 26, 2004
Brooklyn To Get Another Target
Target is negotiating to open its third store in the borough of New York.
April 15, 2004
Google’s Gmail Target of Criticism
Google’s new Gmail plan, now in test, is the subject of much debate due to technology that would scan members’ email to find matches for context-related ads. A California State Senator is asking the company to reconsider certain features.
April 15, 2004
Google’s Gmail Target of Criticism
Google’s new Gmail plan, now in test, is the subject of much debate due to technology that would scan members’ email to find matches for context-related ads. A California State Senator is asking the company to reconsider certain features.
April 13, 2004
Drug Firms Using Clinical Trial Information to Target Ethnic Groups
A recent report issued by Cutting Edge Information, “Cardiovascular Marketing: Budgets, Staffing and Strategy,” reveals that marketing and clinical teams in the pharmaceutical industry work closely to align drug trials with ethnic marketing strategies.
April 13, 2004
Drug Firms Using Clinical Trial Information to Target Ethnic Groups
A recent report issued by Cutting Edge Information, “Cardiovascular Marketing: Budgets, Staffing and Strategy,” reveals that marketing and clinical teams in the pharmaceutical industry work closely to align drug trials with ethnic marketing strategies.
April 6, 2004
Target CEO Gets Raise, Bonus Falls
Target’s chief executive, Robert Ulrich, was given a raise of 10.5 percent on his salary but his bonus fell 30 percent last year.
April 6, 2004
Target CEO Gets Raise, Bonus Falls
Target’s chief executive, Robert Ulrich, was given a raise of 10.5 percent on his salary but his bonus fell 30 percent last year.
March 25, 2004
Target Happy With Wine Sales
Target is pleased with the sales of its low-priced private label wine in California and Florida.
March 12, 2004
Target’s Stock Not Affected By Terrorist Attacks
Target’s stock price rose $2.97 a share on news of a possible sale of its Marshall Field’s and Mervyn’s department stores despite the market tumbling on fears of more terrorist attacks after the bombings in Madrid, Spain.
March 5, 2004
Boys Personal Care Brands Debut In Target
A new company, OT OverTime LLC, which has a licensing agreement with Procter & Gamble, will begin selling a line of personal care products marketed to boys 9 to 16 in Target this month.
March 4, 2004
SuperTarget Opens In Durham, NC
Consumers in Durham, NC no longer have to drive to Raleigh to shop at Target. A brand new 177,000 square-foot SuperTarget just opened up in town.
March 4, 2004
Target To Open 25 New Stores
Target will open 25 new locations around the country on Sunday March 7.
March 4, 2004
Target To Open 25 New Stores
Target will open 25 new locations around the country on Sunday March 7.
February 26, 2004
Nestle Meets Its Sales Target
Nestle met its target with a 5.1 percent increase in sales last year.
February 23, 2004
Ikea, Aldi Target Twin Cities
European retailers such as Ikea and Aldi are finding Minnesota a great place to set up shop.
February 23, 2004
Wal-Mart Makes Big Target For Critics
To hear some tell it, the root of all evil in America is Wal-Mart.
February 17, 2004
Target Sales On Target For February
Target has announced that its sales are at the high end of its expectations for February.
February 5, 2004
Target Sales Up In January
Target Corp’s total store sales were up 11.9 percent in January. Same-store sales increased 5.1 percent.
January 13, 2004
Target Same-Store Sales On Track
In its weekly sales briefing, Target said last week’s same-store sales in its namesake stores were within the originally predicted 5% to 7% growth range, but about 1% below plan for the entire company, which includes Mervyn’s and Marshall Field’s.
January 8, 2004
Target’s December Sales Up Almost 10 Percent
Target Corp. saw total retail sales jump 9.9 percent in December compared to the previous year. Comparable-store sales were up 4.1 percent for the same period.
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