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Target, Inc.

  • CVS Health debuts across Oregon through Target

    Oregon, a new market for CVS Health, is the latest market where Target pharmacies have been successfully transitioned to CVS Health, the Rhode Island pharmacy operator announced Wednesday. The new CVS pharmacies, located in several metropolitan areas, including Portland, Eugene and Medford, are being operated through a store-within-a-store format.

  • Target shareholders vote on directors, exec compensation

    Investors in Target Corp. decided on several important issues at the retailer’s 2016 annual meeting.

    Shareholders elected 14 members of the board of directors, ratified the appointment of Target’s independent registered public accounting firm, approved proposal on compensation for executives and rejected one shareholder proposal.

  • Report: Target asks suppliers for help

    Target is reportedly requesting that many of its suppliers assume up to 3% to 5% more of the cost of promotions and price reductions on some items.

    According to Reuters, at least 12 Target suppliers have confirmed they were asked to pay for more of the promotional cost for a variety of slow-moving products. Target reported declining sales in its most recent fiscal quarter and publicly said it would likely enter an extended promotional period.

  • CVS Pharmacy opens for business within Washington Target locations

    CVS Health on Tuesday announced that the first CVS Pharmacy locations in Target stores are now open in Washington. 

  • MinuteClinic comes to Target stores in new state

    The CVS/Health-Target partnership continues to grow.

    MinuteClinic, the retail medical clinic of CVS Health, has opened eight new locations inside Target stores in Maryland, including six in the Baltimore metropolitan area. The clinics have been rebranded and converted to MinuteClinic. There are now 43 MinuteClinic locations in Maryland, including clinics in select CVS Pharmacy stores.

  • Commentary: Everything Must Go

    The term “post-department store era” was once considered so controversial that many in the retail world avoided using it, fearing backlash from powerful industry giants like Macy’s and Sears. Some saw the very idea of department store obsolescence as pure folly while others saw it only as a vague possibility too far in the future to consider.
     

  • Inside look at Walmart’s store of the future

    Watch out Target — Walmart is also looking to reinvent its store experience.
     
    Walmart is testing an array of new initiatives, from sleeker fixtures and signs to a cool BBQ eatery to a giant kiosk for online order pick-up — at a new store in Arkansas, according to TheStreet.
     

  • French retailer opens start-up competition with U.S. tech accelerator

    Galeries Lafayette Group is the latest retail entity to launch its own tech accelerator program.

    The French specialty retail conglomerate, which operates the Galeries Lafayette, BHV Marais, Royal Quartz, Louis Pion and Didier Guérin banners, is partnering with Silicon Valley-based technology accelerator and venture fund Plug and Play in the effort. The three-month program aims to develop an integrated platform to assist startups focused on the fashion and retail sectors. It will include access to venture capitalists, mentors, and Fortune 500 companies.

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