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Target, Inc.

  • Target donates $15K for flood relief

    MINNEAPOLIS — Target has donated $15,000 in monetary support and product to assist with Duluth flood relief efforts. A $10,000 cash donation was given to the American Red Cross Northland Chapter to support their response efforts. An additional $5,000 in gift cards will be donated to local nonprofit organizations for essentials such as water and food.

  • Target builds web of Spider-Man promotions

    MINNEAPOLIS — Target is taking “The Amazing Spider-Man” fan experience beyond the big screen with a selection of merchandise inspired by the summer action movie.

  • More studies validate low-price leadership

    Week in and week out, Walmart wins on the pricing front with the biggest unknown being the magnitude of the spread between it and competitors, several reports out this confirmed.

    Deb Weinswig at Citigroup looks at prices in three U.S. markets every two weeks and her most recent assessment showed Walmart beating Kroger by 12.1%, Safeway by 17.4%, Supervalu by 20.6% and Target by 4.8%.

  • RECon 2012 left landlords and tenants anticipating what’s to come

    A heat wave washed over Las Vegas just in time for the International Council of Shopping Centers’ annual RECon event May 20-23 — and the mood inside the Las Vegas Convention Center was just as elevated.

    “I am very bullish on this year’s RECon,” said Andy Graiser, co-president of A&G Realty Partners, Melville, N.Y. “Growth is becoming evident in most all categories, and it’s smart growth.”

  • Unilever exec Cavaliere joins RILA board

    Unilever president of customer development, Joe Cavaliere, is the newest addition to the board of the Retail Industry Leaders Association.

    The trade group’s board held its semi-annual meeting earlier this week and elected Cavaliere and re-elected PetSmart president and CEO Bob Moran and IBM’s general manager for the retail industry Karen Lowe.

  • Report: J.C. Penney CEO discusses departure of Francis; marketing wasn’t resonating

    New York -- J.C. Penney CEO Ron Johnson is taking over direct responsibility for marketing in the wake of the departure of Michael Francis, who left the company abruptly on Monday, Women’s Wear Daily reported.

    Speculation has been raging about the reasons behind Francis’ sudden exit after just eight months on the job. In the article, Johnson blamed it on the fact that J.C. Penney’s marketing had not resonated with its core customer and that he “had to get involved.”

  • Harbor Freight Tools makes urban Chicago debut at Bricktown Square

    Chicago -- Harbor Freight Tools recently signed a lease for 20,000 sq. ft. of space at Bricktown Square in Chicago, according to Mid-America Asset Management, which represents the center.

    The tool retailer held the grand opening of its first urban Chicago store on June 13.

    The 277,489-sq.-ft Bricktown Square is anchored by Babies ‘R’ Us, Sports Authority and XSport Fitness, with area tenants including Target, Loews, Jewel/Osco and Office Depot.
     

  • Sustainability, literacy continued goals for Target

    MINNEAPOLIS — Target has released its 2011 Corporate Responsibility Report, and while the company was happy to offer insight into its past performance, its focus is on the future. In that vein, the company has introduced new corporate responsibility goals:
     

    • To increase its sustainable seafood selection by ennsuring its fresh and frozen seafood offerings are 100% sustainable and traceable by the end of fiscal year 2015.

    • Enhance at least 50 owned-brand packaging designs to be more sustainable.

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