Target, Inc.

Endcaps at Target stores are touting the retailer’s “Top Toys,” selections for the upcoming holiday season. Meanwhile, real estate on side panels is being used to appeal to shoppers with smart phones who are encouraged to scan a QR code to complete an order and receive free shipping.
 

Target added to its roster of action sports athletes recently with the signing of Canadian freeskier Rosalind Groenewoud.

According to Target, she is affectionately recognized by many simply as Roz G and is known for her amplitude and large variety of tricks. Widely considered to be one of the most influential halfpipe skiers in the world she joins eight other elite action sports athletes representing Target.

New York -- While it may be days, even weeks, before the full extent of the damage caused by Hurricane Sandy is known, economists are forecasting that retail sales will be impacted in October and November but that the economy overall will experience an uptick.

Covington, La. -- Stirling Properties announced that Sam’s Club has opened at its River Chase shopping center, the largest open-air retail center in St. Tammany Parish.

The 136,000-sq.-ft. Sam’s Club features a fuel station and pharmacy, and joins anchors Target, Belk and J.C. Penney at the master-planned, mixed-use development.

As we continue to witness the battle of brick-and-mortar versus online shopping, it’s interesting to see Walmart’s latest ploy to “one-up” their online competition. Their new Walmart To Go service is offering customers same-day delivery of online orders for just $10. While the initial test period is expected to last only through the holidays, the possibility that this could stick makes me think that Walmart To Go might ultimately have some huge implications for brick-and-mortar retail. The big question, of course, is will it work? Can Walmart pull it off?

New York -- Results of the 16th annual Brand Keys Loyalty Leaders survey released Friday revealed that Apple, Amazon, Samsung, YouTube and Twitter have the most loyal followings.

Minneapolis -- Target Corp. said Tuesday it will sell its $5.9 billion credit card portfolio to TD Bank Group.

The business will be sold for an amount equal to the gross value of the outstanding receivables at the time of closing, said Target; the portfolio currently has a gross value of about $5.9 billion.

TD Bank also agreed to a seven-year deal to underwrite, fund and own the retailer’s future credit card and Visa receivables in the U.S.

Conshohocken, Pa. -- Plymouth Meeting, Pa.-based Fameco Real Estate said that Party City and VisionWorks have signed leases at Upland Square, located in West Pottsgrove, Pa.
 
Party City has signed a lease for 9,000 sq. ft. and VisionWorks has signed a lease for 3,825 sq. ft. These retailers will join anchors Target, Giant, Best Buy, LA Fitness, TJ Maxx and Bed, Bath & Beyond at the 600,000-sq.-ft. power center.