Target will sponsor a tour across Canada that will visit more than 20 communities ahead of the planned opening of its stores in the country, the mass-merchandise retailer said Tuesday.
A 2.9% third-quarter same-store sales increase and the sale of its credit card business pushed Target’s third-quarter profit up 17.6% to 96 cents a share.
Target, Walmart and McKesson were each recognized Friday as one of America’s more community-minded companies as part of the The Civic 50 — the first scientific evaluation to rank the companies that best use their time, talent and resources to improve the quality of life where they do business.
According to a recent BDO USA survey, chief marketing officers at leading U.S. retailers expect a 3.7% increase in holiday comparable store sales, marking the survey’s most optimistic forecast since 2007, when CMOs projected a 5% increase in comparable store sales.
The Northeast is still recovering from one of the worst disasters it has ever faced. Many residents remain without electrical power, while others have lost their entire homes, businesses, workplaces and in a growing number of cases, their lives.
Recognizing the importance of meeting the needs of its ethnic beauty shoppers, Target has in recent years been working to bolster its ethnic sets in-store, and that effort continues, as evidenced by a media event held Tuesday evening in New York.
While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain.
Target should be feeling confident about its upcoming entry into Canada, as a recent survey from Kantar Retail and TNS Canada revealed that 75% of Canadians are aware of the retailer.
DSN noted that 2012 would be the year more big-box retailers committed to “going small” and, while we may hate to toot our own horn, we are going to do it anyway.
In this exclusive interview with Drug Store News, Christina Hennington, divisional merchandising manager of beauty for Target, talks about the hottest trends in beauty and how Target is taking beauty to the next level.
The new data by Marketdata Enterprises is significant as it puts a number against a very valuable and fast-growing segment of health care that will continue to grow regardless of who is elected president and what happens to healthcare reform.
Once again, mobile capabilities made headlines as a study by ComScore revealed that nearly 86 million Americans are now shopping on their smartphones. To put it another way: That’s 4-out-of-5 smartphone users.
Lately a number of mass merchandise retailers have been taking the little road and opening small-format stores in dense, urban areas. One of the most notable of these is CityTarget, which recently opened in Chicago.
The journey to a complete turnaround begins with the first step. Supervalu's restructuring, refocusing and revitalizing the executive team may have been the first step, but it's been quickly followed by the second — culling out underperforming stores and re-investing those saved dollars into a refocused and revitalized business.
Forty-five percent of customers shopping in-store at brick-and mortar-locations will walk out and complete their purchase online for a discount as low as 2.5%, according to new showrooming research from GroupM Next.
Target's second-quarter sales increased 3.5% to $16.5 billion and the company’s profits grew 2.9% to $1.06 per share, 5 cents higher than analysts expected.