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Target, Inc.

  • DDR completes $2.1 billion of strategic transactions year to date

    Beachwood, Ohio -- DDR Corp. announced Monday the acquisition of $328 million of prime assets and the disposition of $12 million of non-prime assets during the quarter.

    Year to date, the company closed $2 billion of acquisitions, including the joint venture with Blackstone's flagship real estate fund, and disposed of $137 million of non-prime assets.

    As of the third quarter, DDR said it has raised gross common equity capital of $435 million through the issuance of 31.7 million new common shares to fund investments and lower leverage.

  • Spoiler alert: Walmart’s prices lowest to varying degrees

    Pricing studies conducted this week by Wall Street analysts yielded familiar results.

    Deutsche Bank analyst Charles Grom and Citigroup analyst Deb Weinswig issued reports this week comparing Walmart’s prices to dollar stores and conventional supermarkets and Target.

  • CEO Compensation Trends

    Executive compensation has always been a hot topic in corporate America — and the retail industry is no exception. These days, two trends are upping the attention paid to pay at the top: the ongoing move to performance-based equity, and the scrutiny compensation packages are receiving from increased SEC regulations and shareholder involvement.

  • Walmart won’t showroom Kindle anymore

    Widespread media reports have Walmart discontinuing the sale of Amazon’s popular Kindle devices, which begs the questions what took so long and will we ever see a Walmart tablet.

    Walmart’s decision to begin selling the Kindle was one of the more wrong-headed moves the company has ever made. A Kindle is Amazon’s version of a Gillette razor, essentially a device that provides consumers a portal to purchase Amazon’s other inventory, or in Gillette’s case, more blades. Target wisely gave Kindle the boot earlier this year.

  • Walmart moves up mobile rankings topped by you know who

    Eighty percent of smarthphone users access retail content on their devices and Walmart is the third most popular destination, according to research from comScore Mobile Metrix 2.0.

    The firm’s study found that 4 in every 5 smartphone users – 85.9 million in total – accessed retail content on their device in July. That figure is only going to increase, especially in the coming months as this year promises to be the most mobile Christmas yet.

  • Target offers mobile coupons via Passbook

    MINNEAPOLIS — Target customers who receive the retailer's mobile coupons can now access them on their iPhone or iPod touch via Passbook.

    “We’re thrilled to bring our guests the ability to use Target mobile coupons via Passbook on their iPhone and iPod touch,” said Phil McKoy, VP Target.com and mobile experience. “Passbook marks an exciting step forward as Target continues to seek the most innovative ways to deliver a great shopping experience to our guests.”

  • Target, Walgreens sport top retail apps for Apple's new iPhone 5

    San Francisco -- As consumers await the debut of Apple’s iPhone 5, two retailer applications are now ranked among the Top 20 “bestsellers” free apps as ranked by Apple.

    Target ranks No. 8 overall and Walgreens No. 10 as of Thursday.

    Target version 5.5.1 now allows users to receive coupons directly in the app and scan them in the store and is compatible with Apple's latest iPhone operating system iOS 6. And now search results on the Target app can be filtered by price, in-store or online availability and color.

  • Survey: Four out of five smartphone users access retail content

    Reston, Va. -- Four in every five smartphone users – 85.9 million in total – accessed retail content on their device in July, according to a study by comScore. Amazon sites led as the top retailer with an audience of 49.6 million visitors, representing 46.6% of smartphone owners, followed by eBay with 32.6 million visitors and Apple with 17.7 million visitors.

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