News and information on merchandising and trends in retail pharmacies at Target.
Target will raise its pay for employees by $2 an hour until at least May 2, and offer paid leave for up to 30 days for team members most at risk for contracting COVID-19.
As the COVID-19 pandemic continues, the industry is taking steps to keep stores safe for consumers and associates while still serving as a resource.
Target is putting a temporary hold on some of its store remodeling and growth initiatives to minimize potential disruptions as it focuses on serving customers during the coronavirus pandemic.
Executives from CVS Health, Walgreens, Walmart and Target were on hand in the Rose Garden Friday, pledging space outside their stores for drive-through testing for COVID-19.
Target is planning to open nearly 36 locations in 2020 and expand its smaller-sized format.
Disappointing sales of toys, electronics and home goods made for a somewhat mixed fourth quarter for Target.
Target is poised to bypass three competitors to become No. 8 on eMarketer’s list of the top U.S. e-commerce retailers.
Target’s comparable sales inched up 1.4% in the combined November/December period, compared with growth of 5.7% a year ago.
Target is extending holiday store hours and delivery deadlines.
Target’s net income rose to $714 million and adjusted earnings per share grew to $1.36 from $1.09, above analysts’ estimates of $1.19.
Target is making its Shipt same-day delivery service available on its consumer app for the holiday season.
For every strawberry multipack sold at Target until Dec. 14, Soylent will donate the financial equivalent of one meal to Swipe Out Hunger.
Target is adding team members to assist in-store during peak hours, as well as expanding its fulfillment and same-day services team.
At the Groceryshop event, Stephanie Lundquist, executive vice president and president of food and beverage at Target, said the company doesn’t want its business merely to be functional and transactional.