Content about Target Corporation

October 15, 2014

A much anticipated acceleration of small format Walmart stores failed to materialize on Wednesday when the retailer announced plans to curtail domestic new store growth in 2016.

October 7, 2014

Despite sluggish comparable store sales in the second quarter, Container Store chairman and CEO Kip Tindell is pleased with the company’s overall earnings performance, driven in part by increased average ticket growth as well as new store growth.

October 7, 2014

Target is completely revamping its app, while also working on a new one for pharmacy.

October 7, 2014

With average in-store purchases exceeding online sales by two and three times, popular online-only retailers, including Birchbox, Piperlime, Bonobos and Blank Label are continuing their expansion into physical storefronts, further accelerating the trend of online retail concepts expanding their omnichannel sales strategy to include physical locations.

October 6, 2014

Ten Target stores in the San Francisco area are experimenting with a new mobile shopping app called Curbside, which promises to deliver the next generation of commerce.

September 17, 2014

Leading accessories retailer Claire’s plans to open 100 of its distinctive branded shops with thousands of products within Toys “R” Us stores worldwide by year end and alluded to the possibility of more locations to come.

September 16, 2014

Target has entered the “top toy” fray with a list filled with familiar brands, exclusive offering and boutique products designed to inspire creative play and reinforce Target’s differentiation.

September 10, 2014

Target is integrating with the new Apple Pay mobile payments service so shoppers can pay using the Target app from iOS.

September 5, 2014

Target is expanding its TargetExpress format outside the Minneapolis area for the first time. The retailer plans to open two new stores in San Francisco’s financial district and Berkeley, California, in March 2015.

September 3, 2014

Wet Seal CEO John D. Goodman has resigned from the role he took in January 2013. He was charged with turning things around for the struggling retailer and replaced Susan McGalla, who was ousted after 11 months amid declining sales. Goodman is to be succeeded by Edmond Thomas, who rejoins the company as CEO and a member of the board as of Sept. 8.

September 2, 2014

Fred’s second-quarter results reflected the company’s strategic decision to build its business model for the future as a convenience/pharmacy-centric store, driven by data-based inventory management, according to CEO Bruce Efird.

September 2, 2014

Latina Style magazine last week named Walmart, Target, CVS Caremark and the Army & Air Force Exchange Service four of the 50 best companies for Latinas to work for.

August 21, 2014

During the second quarter, Ahold USA experienced a dip in sales, while its online grocery operation, Peapod, achieved double-digit sales growth.

August 20, 2014

Target’s U.S. sales held up reasonably well in the second quarter, but weak results in Canada and expense pressures prompted the company to reduce its full year profit expectations a week after Brian Cornell became chairman and CEO.

August 13, 2014

Target Canada is looking to improve business performance with a new set of initiatives that the company has unveiled on the heels of some leadership changes last spring, as well as a comprehensive review of its Canadian operations.

August 5, 2014

Just a few days after naming a new CEO, Target issued a preliminary update on its second-quarter expenses related, in part, to the December 2013 data breach.

August 1, 2014

Target’s expansion of its troubled Canadian division remains on track as new chairman and CEO Brian Cornell prepares to assume leadership of the company in August.

July 31, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

July 31, 2014

Brian Cornell’s tenure as Target’s chairman and CEO begins on August 12. Don’t expect it to last long if his track record at other recent employers is any indication.

July 28, 2014

Target is looking to bolster sales results in Canada by appealing to parents and students this back-to-school season, offering everything from fashion to school supplies at prices that it touts as “unbeatable.”

July 25, 2014

Target opened its experimental Express format on July 23 in a community near downtown Minneapolis designed to give the retailer an early indication of expansion potential for the 20,000-sq.-ft. concept.

July 24, 2014

O’Reilly Automotive, the nation’s second largest auto parts retailer, said it is on track to open 200 new stores this year after posting its 22nd consecutive quarter of profit growth in excess of 15%.

July 21, 2014

Target is leaving no digital stone unturned this year as its looks engage with shoppers in the lucrative back-to-college market.

July 8, 2014

Target has added three new external senior-level hires, who will have responsibility for leading teams across information technology, e-commerce and digital products.

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