Content about Target Corporation

May 9, 2013
Target Stumbles in Executing ‘Cartwheel’ on Facebook

Target’s new “Cartwheel” Facebook shopping app is a great concept – use the world’s most popular social media platform to help generate in-store traffic

May 7, 2013
Brand Value: Some Lose Their luster

One hundred and forty one billion dollars. That's the estimated brand value of Walmart, according to Interbrand's "Best Global Brands" report. The annual study ranks the 50 most valuable U.S. retail brands, along with the top store brands in countries around the world.

May 7, 2013
Getting Physical: Online Retailers Move Offline

Go offline, young man: That appears to be the mantra of e-commerce merchants these days.

As competition in the world of online retailing heats up — with Amazon's ever-burgeoning dominance posing the biggest threat — more pure-players are taking the brick-and-mortar plunge. It's a reminder, many experts say, of the strong appeal of the in-store experience — even when stacked up against the convenience of online shopping.

May 7, 2013
Just What Madison Ordered

Madison, Ala., city officials didn't want just any development for its last available commercial tract, a 28-acre property along a major thoroughfare. They wanted to bring in retailers currently unavailable in the area.

They approached Target and Brentwood, Tenn.-based GBT Realty Corp., a developer known for its Target-anchored developments.

"Madison told us they wanted Target," explained George B. Tomlin, president and CEO of GBT Realty. "If you help us, they said, we'll participate financially in the development of the property."

May 7, 2013
Target opens pop-up dollhouse in Grand Central Station

Target isn’t letting any grass grow under its feet when it comes to the suddenly hot category of home goods and home furnishings.

May 7, 2013
Wrap-up coverage of Chain Store Age's 49th annual SPECS
Store Development and Facilities

Store development and facilities professionals from some of the nation's biggest retail and restaurant chains gathered in Dallas to attend Chain Store Age's 49th annual SPECS Conference, at the Hilton Anatole Hotel. The event attracted professionals involved in the design, planning, and construction of stores and restaurants, along with those in facilities management.

May 6, 2013
Target opens 24 stores in Western Canada in May

Target announced the soft opening dates for 24 locations in Western Canada, with 22 stores opening on May 7 and two opening on May 14.

April 16, 2013
Target warns Q1 profit will fall short of forecast

Target Corp. said it will miss its first-quarter profit outlook as seasonal and weather-sensitive items underperformed.

April 11, 2013
The J.C. Penney Debacle: Five Lessons Learned

Here are the five lessons I learned from the J.C. Penney debacle — unfortunately we knew all of this before Ron took his ideas to market.

April 4, 2013
Kantar study: Target and Walmart competitively priced in Canada

Walmart Canada and Target Canada are very competitively positioned from a basket price perspective, according to a recent report by Kantar Retail.

April 3, 2013
Report: Best Buy and Target end Geek Squad test

Best Buy Co. Inc. and Target Corp. ended a partnership that positioned Geek Squad agents in Target stores in Denver and Minneapolis, the Minneapolis Star Tribune reported.

April 1, 2013
Survey: Target, Best Buy, Walmart excel in mobile experience

Three high-profile big-box retailers received high marks for their mobile experiences, according to a survey by Prosper Insights & Analytics.

March 28, 2013
Harris Poll: Kohl’s, Target and Walgreens among brands of the year

Kohl’s, Target, and Walgreens were named “Brand of the Year” in their respective categories in the 2013 Harris Poll EquiTrend survey.

March 21, 2013
Walmart tops list of most valuable U.S. retail brands; Macy’s, Amazon biggest risers

Walmart holds on to the top spot in the annual ranking of the 50 most valuable U.S. retail brands from branding consultancy firm Interbrand.

March 18, 2013
Target’s Canadian rollout ramps up

Target Corp. said that it will open 17 southwestern Ontario, Canada store on March 19 and another four on March 28, on the heels of three successful pilot-store launches in the area.

March 14, 2013
Scott Kennedy named president of Target financial and retail service

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

March 14, 2013
Target buys two online kitchenware chains

Target Corp. has made two e-commerce acquisitions aimed at expanding its presence in the growing cooking and kitchenware market.

March 14, 2013
Target to open 14 in-store health clinics

Target is expanding its retail clinic presence in the Chicago area, according to the Chicago Tribune.

March 13, 2013
Target completes sale of credit card portfolio to TD Bank

Target Corp. said it has completed the sale of its entire consumer credit card portfolio to TD Bank Group for $5.7 billion, the gross value of the outstanding receivables at the time of closing.

March 11, 2013
Report: Target to end Shops concept

Target Corp. is shuttering — at least for now — its “The Shops at Target” concept, which showcased exclusive goods from select independent boutique retailers within in-store shops in Target stores, the Star Tribune reported.

March 7, 2013
Modest gains for retailers in February, led by Costco and Limited Brands

Costco Wholesale Corp., Limited Brands and TJX Cos. reported better-than-expected sales for February, as growing employment and a surging stock market apparently offset the impact of higher taxes.

March 6, 2013
Target and Fast Company launch mobile competition

Fast Company magazine and Target are sponsoring a competition, the Target Retail Accelerator, that will award $75,000 to a developer who creates the best new mobile app or mobile website for the retailer.

March 6, 2013
Whole Foods, OfficeMax, Target among most ethical companies

Award results released by international think-tank Ethisphere Institute listed Whole Foods, OfficeMax and Target among the World’ Most Ethical Companies.

March 4, 2013
Target to open three pilot stores in Canada on March 5

Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus.

February 27, 2013
On Target: Planet Retail’s Take on Target’s Q4 and full-year results

By Sandy Skrovan, U.S. research director, Planet Retail

© 2013