Target, Inc.

Minneapolis -- Best Buy has joined the ranks of retailers that have moved up the time their stores will open on Thanksgiving Day. The consumer electronics giant said Tuesday that some 1,000 of its stores will open at 5 p.m. on Thanksgiving Day, which is one hour earlier than last year. The stores will close at 1 a.m. Friday before reopening at 8 a.m. on November 28 (Black Friday) and close at 10 p.m. that day.  

ECRM compared retail circular advertising in October 2013 vs. October 2014 and noted trends occurring across top retail chains. CVS and Walgreens increased the number of circular pages seen in October 2014; up respectively by 18% and 11%. Walgreens added 13% more halloween candy promotions, where as CVS added 9% in October comparable. Walgreens used an attractive “Save on Treats” candy promotional page in each October circular, nicely consolidating candy promotions into concise seasonal sections.

New York -- Amid a public fight for Thanksgiving weekend foot traffic, retailers are also battling behind the scenes to prepare for peak-season e-commerce orders. According to a new Kurt Salmon survey, retailers will reduce their processing and shipping time frames for multi-item orders by almost two days this holiday season.  

Minneapolis --The competition for the holiday shopper continues with the news that Target Corp. is kicking off the holiday season extra early this year, with plans to offer early access to Black Friday deals for one-day only on Nov. 10, a pre-sale on Nov. 26, and a 6 p.m. store opening on Thanksgiving evening.

Customers at Target are being given expanded opportunities to engage with the retailer this holiday season thanks to extended hours and early access to promotional offers.

Jacqueline Hourigan Rice will join Target Dec. 1 as the retailer’s SVP of risk and compliance after holding a similar role at General Motors.

In her new role Rice will assume some responsibilities previously held by Ann Scovil who retired in March as vp of assurance, risk and compliance. Rice will also have responsibility for corporate security and Target’s suppliers. She will report directly to Target CEO Brian Cornell who joined the company in August.

Minneapolis -- Target Corp. has named Jacqueline Hourigan Rice as senior VP, chief risk and compliance officer. Rice is a 17-year veteran of General Motors, where she most recently served as chief compliance officer.  

Minneapolis -- Tuesday Corp. announced that it planned to close 11 stores as of Feb. 1, 2015, citing performance issues.