Target News Now

03/21/2011 - 15:46
New Yorkers want Walmart; already got Target

Walmart's efforts to open in New York City were helped last week when a new poll, released Friday, found that New Yorkers would shop at Walmart if one opened in the city. No kidding?

03/21/2011 - 15:41
$500,000 to aid Japanese children

Japan may be a wealthy country, but as the death toll there continues to rise, major U.S. corporations are stepping up with significant donations and Target is among them. The company last week announced it would contribute $500,000 to Save the Children, an organization that is aiding with Japan’s earthquake and tsunami relief efforts.

03/21/2011 - 15:21
This week in ethics and the madness of retail

Retail is a hard enough business without muddying the waters with all sorts of activities that have nothing to do with selling stuff shoppers want and need. To recap, Target gave some money to a homophobic politician who a lot of people thought was a jerk, which created an uprising in the gay and lesbian community and resulted in the company adopting a new policy to govern the political contribution process. That wasn’t good enough for Lady Gaga who backed out of an exclusive arrangement with Target and in the process will probably sell even more albums by endearing herself further to her most loyal fans. Then this past week comes news that Target was recognized by an organization called the Ethisphere Institute as one of the World’s Most Ethical Companies.

03/21/2011 - 12:56
Target's new virtual reality

Target has enlisted the services of Microsoft to help run business-critical workloads for all its retail stores on 15,000 virtual machines using Microsoft virtualization and management technologies, giving its IT department greater agility and economies of scale, Microsoft announced.

03/14/2011 - 16:52
Designer event begins this month

It promises to be a fashion forward spring at Target as this week began a first-of-its-kind designer event online and in stores.

03/14/2011 - 16:41
Target by the numbers

Target recently filed its annual report on form 10-K with the Securities and Exchange Commission. Here’s a look at some interesting facts and figures contained in the document:

03/14/2011 - 16:26
Maybe she’ll write a song about it

From win-win to lose-lose. Do enough deals with different celebrities and sooner or later one of them is bound to blow up. That’s what happened to Target last week when entertainer/singer/gay rights advocate Lady Gaga had a change of heart regarding a prior commitment with Target.

03/14/2011 - 15:53
Target’s evolving merchandise mix revealed

Considering how the addition of food at Target and the company’s PFresh remodeling initiative has dominated headlines for the past year, it is somewhat of an eye opener to see the company is really just beginning to scratch the surface in food.

03/09/2011 - 13:16
Target expands clinic presence

Target Clinic plans to open eight new locations in 2011. The in-store centers offer treatment for minor illnesses and injuries, skin treatments, vaccinations, tests and screenings, which are administered by health care professionals.

03/07/2011 - 18:01
Grocery continues to drive growth at Target

Get used to that headline. Increased sales of food during the coming year are expected to contribute 1.5% to Target’s same-store sales growth as the company continues it aggressive PFresh remodeling program.

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