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Target, Inc.

  • Another retailer matches Walmart wages

    Pennsylvania-based food retailers Giant and Martin’s Food Stores said they will begin paying all non-union workers a minimum of $9 a hour beginning in June.

    The operator of 200 stores in Pennsylvania, Maryland, Virginia and West Virginia said the move was part of the company’s commitment to provide competitive wages.

    "Our associates are the foundation of our success, and we have always believed in paying competitive wages to attract the best talent," said Tom Lenkevich, Giant/Martin’s president.

  • Target names former Safeway, PetSmart exec to revamp grocery

    Minneapolis -- Target Corp. has named grocery and consumer packaged goods veteran Anne Dament to the role of senior VP, merchandising. In the role, she will be responsible for leading the strategic repositioning of Target’s food business.

    The retailer had previously announced its intent to reposition its approach to food over the next 12 to 18 months, with an emphasis on making better-for-you options simple and attainable, providing meal solutions and offering unique selections for everyday occasions as well as entertaining.

  • Shipping: The Secret Weapon to Win in E-Commerce

    By Christoph Stehmann, Pitney Bowes

    According to the U.S. Commerce Department, retail e-commerce sales totaled over $304 billion in 2014, up 15.4% from the prior year. Also, eMarketer predicts that U.S. retail e-commerce sales will total approximately $350 billion in 2015.

    The growth in e-commerce sales represents a huge opportunity for U.S. retailers. However, to be successful, retailers need to make sure they have the right shipping strategies and solutions in place to encourage shoppers to purchase goods online.

  • Target names new head food merchant

    Former Safeway and Supervalu executive Anne Dament has been named senior vice president of merchandising at Target to lead what the company is calling the strategic repositioning of its food business.

  • Report: Amazon Prime shoppers less likely to shop Walmart.com

    Amazon’s Prime membership is starting to crowd out traditional retailers like Walmart and Target, according to Forbes.

    The magazine reports that research consultant Millward Brown Digital found that consumers with Prime accounts –- of which there are reportedly 40 million subscribers –- are less likely to visit other retail sites when making online purchases.

  • Interbrand taps Victoria Leavitt as CEO of consumer, retail brand experience

    New York -- Interbrand, a leading brand consultancy, has named Victoria Leavitt as CEO of consumer & retail brand experience in North America. She will be based in Cincinnati and report directly to Josh Feldmeth, CEO of Interbrand North America.

  • GBT Realty acquires prime retail site near Austin

    Austin, Texas -- GBT Realty Corp. announced its acquisition of a prime retail site in the heart of one of the fastest-growing cities in Texas and the U.S. Located in Cedar Park, Texas – a community that has grown over 400% since 2004 – Lakeline Commons is a 1.43-acre site that is shadow-anchored by Target and adjacent to The Home Depot.  

    GBT acquired the north Austin outparcel for $1.6 million on March 19 from Regions Bank.  No additional terms are available.

  • Target to close all Canada stores by April 12

    Target will complete its inventory liquidation efforts and close the last of its 133 Canadian retail stores by April 12.

    The retailer has already shut down 46 stores across Canada and will close another 32 on April 2; 18 on April 4; and 24 on April 8. The final 13 stores will close just days after that.

  • P&G sponsors Black Girls Rock! Awards

    Procter & Gamble is expanding its outreach to African American consumers with its sponsorship of the 2015 Black Girls Rock! Awards.

    The company, together with Target, will celebrate African American girls who are making a positive difference and will invite the community to “change the beauty conversation” by joining P&G’s Imagine a Future (IAF) program.

  • Retail Loco @ SXSW: Retailers Talk Location Solutions

    By Anne Marie Stephen

    Brands, retailers and technologists convened at Retail Loco at South by Southwest Interactive, Sunday, March 15, 2015 hosted by Location Based Marketing Association. The event focused on how companies are leveraging location solutions and data for better business. The LBMA is a global not-for-profit association with over 1,000 member companies including media, retail, brands, agencies and technology companies.

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