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Target, Inc.

  • The Blackest Friday of all

    The holiday season is about to get underway with what is expected to be the single greatest spending orgy in the history of commerce with more than $20 billion spent on Black Friday compared with $19.3 billion last year, according to MasterCard Advisors SpendingPulse.

  • The return of the Target lady

    You’ve seen her in television commercials, that blonde-haired wacky lady dressed in red whose passion for shopping at Target knows no bounds. Advertising Age’s Natalie Zmuda interviewed the “Christmas Champ” recently to get her thoughts on off-season preparation and Black Friday strategy. Read the article here. 

  • The worst place to get advice about the best stores

    Consistent with promotional strategies from previous years, Target is offering some insane prices on popular electronics items. Unfortunately, if holiday shoppers follow the advice of Consumer Reports this year they won’t be coming to Target.

  • Target tops own, analysts’ profit expectations

    Third-quarter results at Target were pretty darn good, but they were actually even better than they seemed depending on how one compares this year’s number to the prior year performance. Profits grew 10.2% to 82 cents in the third quarter compared with 74 cents the prior year, thanks to a 4.3% same-store sales increase and ongoing improvement in the company’s credit card business.

  • Target tops own, analysts’ profit expectations

    Third-quarter results at Target were pretty darn good, but they were actually even better than they seemed depending on how one compares this year’s number to the prior year performance. Profits grew 10.2% to 82 cents in the third quarter compared with 74 cents the prior year, thanks to a 4.3% same-store sales increase and ongoing improvement in the company’s credit card business. 

  • Study: Walmart has most engaged social media users

    San Francisco -- Walmart has the most engaged users across its social media platforms as the days count down to the holiday shopping season, according to a study by the social media and digital analytics company Socialbakers.

    Walmart has the most number of fans topping the list at over 10 million fans, with over 7,500 fan posts last month, Socialbakers said. The engagement rate represents fan interactions and although Target ties with an average monthly engagement rate, Walmart has nearly double the number of fans who are actively posting.

  • Focus on: Social Media

    Retailers have pulled out the stops this holiday season, especially when it comes to experimenting with cutting-edge digital technologies. But innovation shouldn’t be reserved for the holidays — it is something that should be infused into the shopping experience all year long.

  • Report: Target to sell off Zellers’ Rx business

    New York City -- Target Corp. will sell off Zellers’ prescription customer files to other companies and start its own business from scratch once it launches Target in Canada, according to reports in The Globe and Mail.

    While Zellers pharmacies are money-makers, keeping them open while Target closes the stores for remodeling would be costly and complicated, according to the report.

    The potential suitors for the files are likely to include Shoppers Drug Mart Corp. and Katz Group Canada Ltd., the report said.

  • Coco Fresh Tea & Juice opens at Sky View Center

    Queens, N.Y. -- Onex Real Estate Partners said that Taiwanese tea brand Coco Fresh Tea & Juice has opened its newest teashop at Sky View Center, the 800,000-sq.-ft., multi-level regional mall in downtown Flushing, N.Y.

    The 600-sq.-ft. teashop operates a sister location on Main Street, in Flushing.

  • Profits exceed estimates at Target

    MINNEAPOLIS — Profits at Target grew 10.2% to 82 cents in the third quarter compared with 74 cents the prior year thanks to healthy sales growth and ongoing improvement in the company’s credit card business. 

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