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Target, Inc.

  • Hitting a holiday reset

    Holiday is going to have a new look this year, as retailers take a different approach to the shopping season. As a result of consumers’ overwhelming focus on price, online shopping and free shipping incentives, retailers have been forced to rethink their strategies. As part of our ongoing series of retail industry surveys, HRC Advisory recently spoke with over a dozen top U.S. retailers to gauge what’s to come for the 2015 holiday season.

  • Which retailer will dominate online holiday shopping?

    A familiar name factors heavily into the online holiday shopping plans of consumers.

  • Survey: Which retailer will dominate online holiday shopping?

    A familiar name factors heavily into the online holiday shopping plans of consumers.

    According to a new poll from Reuters and Ipsos, 51% of consumers plan to do most or all of their online holiday shopping at Amazon.com. This dwarfs the next-most-popular specific retailer, Walmart, favored by 16%.

    Other traditional and online retailers combined for the second-highest response of 18%. Other popular retailers with low responses include Target (3%) and Macys (2%).

  • One big-box retailer shows digital ‘genius’

    Of all the major big-box retailers, only one has a digital IQ ranking in the “genius” range.

    According to the new Big Box Digital IQ Index from business intelligence firm L2 Inc., Home Depot stands along among big-box chains with a genius-level digital IQ score of 144. IQ scores measure performance in four key areas of site and e-commerce, digital marketing, social media, and mobile and tablet.

  • Online delivery competition heats up among big names

    More customers in more parts of the country now have access to more goods available for online order, with delivery the next or even same day.

    Google and Amazon.com are trading blows in their battle to offer online delivery of a variety of goods, for a fee.

  • Study: Millennials follow holiday shopping traditions

    Black Friday and Cyber Monday may still be cool, after all.

    A new study on the holiday shopping habits of almost 7,000 millennials by product discovery platform Influenster shows that 93% of respondents plan on shopping Black Friday and/or Cyber Monday this year.

  • Big changes help Target hit the bullseye in Q3

    Marketing and merchandising changes at Target Corp. are paying off as the retailer reported better than expected traffic and sales in the third quarter.

    For the quarter ended Nov. 1, Target reported a same-store sales increase of 1.9%. Net sales rose 2.1% to 17.6 billion.

    Profit rose to $549 million, or 87 cents per share, up from $352 million, or 55 cents per share in the year-ago period. Not including one-time items, the company earned 86 cents per share, which was in line with Wall Street expectations.

  • Corporate sustainability: Even Walmart can’t do it alone

    Ten years ago, the CEO of Walmart and the president of Environmental Defense Fund hiked together on Mount Washington in New Hampshire. Along the way, Lee Scott of Walmart (now retired) and Fred Krupp of EDF talked about climate change and the environmental challenges of our time. They also talked about ways that Walmart could drive positive environmental change in its product lines and operations.

  • All gift cards not created equal—especially when it comes to resale

    Popularity and resale value do not always correlate when it comes to gift cards.

    Visa is tops in a ranking of the gift cards expected to be most popular this holiday season.

    Rounding out the top 10: American Express; iTunes; Wal-Mart; Target; Starbucks; Netflix; eBay and Google Play. The ranking is from CardHub, a credit card comparison Web site owned by Evolution Finance.

  • How Target is going 'click-and-mortar' this holiday

    Target is embarking on its most omnichannel holiday season ever with more services designed to add convenience and value for shoppers.

    In a new blog post and infographic posted on Target.com, the retailer details how the intersection between stores and mobile play a big role in the Target shopping experience: Nearly 25 percent of Target.com sales will be fulfilled by a store, either through Order Pickup or shipping from a store.

    Target recently introduced two new "click-and-mortar" features designed to improve the shopping experience.

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