Content about Target Corporation

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 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 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 20, 2013
Target tests omnichannel waters in Bay Area

Target is the latest retailer heading to the Silicon Valley to develop its omnichannel business.

May 13, 2013
Target gets in on superhero action

Target has become the latest retailer to get its geek on. The discount retailer has teamed up with Warner Bros. Consumer Products, in partnership with DC Entertainment, and will launch an extensive summer collection of exclusive Justice League merchandise.

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 7, 2013
Target plays house at Grand Central Terminal

Target isn’t letting any grass grow under its feet when it comes to the suddenly hot category of home goods and home furnishings. The discounter has installed a giant, two-story dollhouse in the middle of Vanderbuilt Hall in New York City’s Grand Central Station.

May 1, 2013
A "Target bump" for Canadian designer

Toronto native Sarah Stevenson won a design contest this week and with it the right to design a collection of a dozen pieces that will be featured in Target’s Canadian stores.

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 26, 2013
Americas, Asia bolster Starbucks Q2 profits

Starbucks reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.

April 24, 2013
Target to give 25 school libraries makeover

Target Corp. will renovate libraries at more than two dozen schools in need across the country this year under a program that will also include book donations and technology upgrades, as well as the option to have a Target-supported food pantry built, the mass merchandise retailer said Wednesday.

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
Hunger heroes include Target

Target was among six companies recognized by Second Harvest Heartland, a member of Feeding America, as one of the relief organization’s Hunger Heroes.

April 4, 2013
Social media fans land on Target site

Jen Coleman and Laura Wiertzema are such big fans of Target they created a blog on Tumblr called "Target Does It Again," and regularly post photo on Instagram. The company took notice this week.

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.

April 4, 2013
Walmart and Target prices comparable in Canada

A March 2013 study by Kantar Retail indicates that Walmart Canada and Target Canada are very competitively positioned from a basket price perspective.

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 22, 2013
Rue21 opens 900th store

Teen apparel retailer Rue21, opened its 900th store on March 21 in the Southern Hills Shopping Center of West Plains, Mo.

March 18, 2013
Target readies Canadian stores for opening

Target will soft open 21 locations across Southwestern Ontario, including 17 locations on March 19 and four locations on March 28.

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.

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