Content about TARGET

June 7, 2013
Report: Target revs up grocery business

NEW YORK — Target has set its sights on consumers who want organic, natural products, with a new organic and natural store brand called Simply Balanced, according to a report by the Associated Press.

Target told the AP that it will begin to roll out drinks and snacks like corn chips on Sunday, June 9. According to the report, the line is an outgrowth of similar products within its existing Archer Farms store brand, which is positioned as a premium alternative to national name brands.

May 31, 2013
Registration open for Kids In Need gala

The Kids In Need Foundation will hold its 15th annual Kids In Need Foundation Education Celebration Gala Wednesday, Sept. 25, at the Depot, in Minneapolis, Minn.

May 26, 2013
Target rolls out beauty concierge program

Target has launched a beauty concierge program at 96 existing stores in Los Angeles and Orange County area.

May 23, 2013
Banana Boat rides shotgun with Target Chip Ganassi Racing

Banana Boat sunscreen is riding shotgun with Target-sponsored Chip Ganassi Racing for the second year in row at the 2013 IZOD IndyCar Series.

May 22, 2013
Increased payroll tax, weather affect Target in Q1

Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

May 10, 2013
Target beta tests Cartwheel

Target is beta testing a new app that allows users to save on items and share deals on Facebook. A Bullseye View, Target's online magazine, announced the introduction of Cartwheel.

May 9, 2013
Target sets bull’s-eye on fall with new collection

Summer’s not yet here, but Target has its bull’s-eye set on fall. The discount retailer is teaming up with designer Phillip Lim on an exclusive collection for women and men.

May 1, 2013
Union derides Target as ‘Walmart junior’ following NLRB ruling

The United Food and Commercial Workers Union Local 1500 representing the greater New York area claimed victory over Target this week and offered some harsh words following a ruling by the National Labor Relations Board.

April 29, 2013
Target to showcase products chosen by Wired magazine

Target will feature electronics picked by the editors of Wired magazine, under a deal between the two.

April 23, 2013
RadioShack’s disappointing Q1 sales spell branding changes

RadioShack posted first quarter 2013 quarter sales of $849 million and a loss of $43 million, compared with $913 million last year and a loss of $8 million.

April 18, 2013
Another signs of soft sales in Q1

Target may not cater to exactly the same shopper as Walmart, but there is enough overlap between the two companies to know that reports of weakness out of Minneapolis are never a good sign in Bentonville.

April 16, 2013
Target lowers Q1 sales and profit forecast

Softer than expected sales trends prompted Target to lower its first quarter earnings outlook Tuesday morning.

April 4, 2013
Electronics department ends another experiment

First it was RadioSchack and now Target has ended another electronics initiative with Best Buy.

April 4, 2013
Target team members get a new place for lunch/dinner

Asian fusion restaurant Ling & Louie's Kitchen is coming to Minneapolis and it will be located across the street from Target’s headquarters on Nicollet Mall.

March 29, 2013
Study: Mass merchants target diverse consumer group with private label offerings

Walmart and Target are targeting multi-cultural and health-conscious consumers with their private-label products directed at multicultural and health-conscious consumers.

March 24, 2013
Target debt for sale

Target announced that it will sell off about $209.3 million worth of debt as the company moves to refinance $679 million worth of debt due between 2028 and 2031, the mass merchandise retailer said.

March 14, 2013
Kennedy assumes new finance role at Target

Scott Kennedy was named president of Target financial and retail service to replace long time finance executive Terry Scully.

March 14, 2013
Target names new board members

Senior executives from Yahoo! and Ecolab are the newest members of the board of directors at Target.

March 14, 2013
Target sweetens portfolio with Chefs Catalog purchase

Target has agreed to buy Chefs Catalog from JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies.

March 11, 2013
New Target collection feeds need for fashion and hunger relief

Target has partnered with FEED Projects, a social business founded by Lauren Bush Lauren, to create the FEED USA + Target collection. The limited-time-only collection will include more than 50 stylish products and benefit Feeding America, the nation’s leading domestic hunger-relief charity.

March 6, 2013
Target challenges developers to create a new mobile experience

Target has teamed up with Fast Company to launch Co.Labs & Target Retail Accelerator, a contest for developers to create a new mobile experience for Target and claim a $75,000 grand prize.

February 28, 2013
Amazon, Target, Whole Foods among most admired companies

Amazon lead the pack in the retail field on Fortune’s “Most Admired Companies” list. The e-commerce juggernaut was third ranked overall (behind Apple and Google) for, among other reasons, its efficient customer service and leadership under CEO Jeff Bezos.

February 15, 2013
Target contest engages fans with Mindless Behavior

Target has partnered with pop music group Mindless Behavior to let fans write lyrics for the band, the mass merchandise retailer said Thursday.

February 7, 2013
Comps rise 3.1% as Target releases final monthly results

Target salvaged its fourth quarter with a 3.1% increase in January same store sales that followed disappointing results in December and November.

January 30, 2013
Amazon, Target, Lowe's have consumers buzzing

Amazon, which gained attention for its expanded Kindle line and growing e-commerce footprint, captured the second spot on BrandIndex's list of most buzzed about U.S. brands for 2012.

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