Target has formed a digital advisory council as part of its efforts to accelerate its digital transformation. The company will look to the panel of technology industry leaders to help guide its omnichannel strategies.
Ahold CEO Dick Boer cited competitive pressures in New England as a contributing factor in the company’s flat U.S. sales in the first quarter, but it’s not stopping the company from targeting online expansion.
DSW may have had a challenging first quarter, driven by unseasonal weather and an aggressively promotional retail environment, but the company is looking to strengthen its competitive advantage by investing in omnichannel and assortment planning.
Target will test same-day delivery in three markets as the online shipping war among retailers continues to gain momentum. Target will launch a $10 rush delivery pilot in June in the Minneapolis, Boston and Miami markets, offering guests the ability to order as late as 1:30 p.m. in the afternoon and receive a delivery of qualifying items between 6 p.m. and 9 p.m. the same day, the company stated in its recent quarterly call with analysts.
Although Fresh Market’s net sales exceeded Wall Street expectations, the company reported a decrease in profit for the first quarter of fiscal 2014, which it attributed to a slow start to the year brought on by severe weather in the majority of its markets.