Target, Inc.

Minneapolis — Target Corp. is opening 15 stores this year, with an emphasis on its smaller-sized TargetExpress format as it looks to further reach guests in urban centers. The discounter will open eight TargetExpress locations, one CityTarget and six general merchandise stores.

Target stated that its strategic store growth is focused on reaching guests in urban centers with new formats like TargetExpress and CityTarget, while also offering new experiences, merchandising layouts and innovations in its general merchandise stores.

Target may not have been very successful in Canada, but the retailer has an altogether different strategy for the United States, where it will open 15 stores in 2015.

Target says it plans to open more small store formats than suburban big box stores this year.

The Minneapolis-based retailer will bring its smallest store, TargetExpress, which at 20,000 square feet is about a sixth of the size of its traditional big box stores, to two more metropolitan areas this year with one store slated for Chicago and two for the Washington, D.C., area.

Berkeley, Calif. -- Donahue Schriber Realty Group acquired Gilman Village on January 30, marking the Costa Mesa, California-based company’s second Bay Area acquisition in the past month.

Besides the Gilman Village acquisition in Berkeley, California, Donahue Schriber purchased Village Oaks shopping center, a 320,000-sq.-ft. property anchored by Target and Safeway located in San Jose, California.

While the monetary value of Bitcoin has had its ups and downs (and will likely continue to in the near future), the technological value and the transactional advantages of using the digital currency remain reliable and increasingly promising.

Many U.S. retailers have difficulty being successful in the Great White North of Canada. Now that Target is exiting, can Walmart fill the gap? A new article suggests that it can, if Walmart works at it hard enough.

Financial blog The Motley Fool reports that Walmart can succeed where Target failed. 

As Lowe’s prepares to open its previously announced 25 new stores in Canada during the next three years, speculation is mounting that the retailer could snap up some of Target's locations when the company withdraws from the Canadian market later this year.   But Lowe's is not saying whether three new Lowe's stores set to open later this year in Lethbridge, Saskatoon and Sault Ste. Mari will be located in former Target locations.  

Los Angeles - Savings.com has launched Favado 2.0, a redesigned version of the grocery community savings app. The sale and coupon data in Favado 2.0 is aggregated by grocery saving experts throughout the country and presented in a new visual format.

For many supermarkets, having an effective grocery shopping app is a key component of their omnichannel toolkit. But how to design it?

Retailers could learn from Favado 2.0, a redesigned version of the grocery community savings app by savings.com. The sale and coupon data in Favado 2.0 is aggregated by grocery savings experts throughout the country and presented in a new visual format.