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Target, Inc.

  • Where’s the loyalty?

    Has anyone else noticed that more and more consumers seem to be “cross-shopping” than ever before? I’m talking about those people who shop both the high-end luxury retailers and the discount or even dollar stores. I recently read an article that indicated one-quarter of all Nordstrom shoppers also shop at the Dollar Store. And, I started to ask myself if this trend is here to stay.
     

  • Former Target exec joins logistics company

    SANTA FE SPRINGS, Calif. — Weber Logistics, a third party logistics company in the Western United States, has named former Target human resources manager, Sheila Jordan, as its new VP human resources. Jordan will report to Weber’s CEO, Harry Drajpuch, and be responsible for all human resource-related activities, including hiring, training, associate development and administration, for employees across Weber’s 17 distribution centers and freight terminals.

  • Stellar Q1 comp begs question where to next?

    April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • Warm weather helps Target deliver Q1 comps growth

    MINNEAPOLIS — April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • More Target shoppers honoring their obligations

    Credit card trends at Target hit a new high, or low, depending on one’s perspective. Either way, it’s a good thing.

  • Spending slows at big retailers in April; Macy’s, Target, Kohl’s, Costco fall short of expectations

    New York -- Macy's Inc., Target Corp., Kohl’s, Saks and Costco’s Wholesale Corp. all reported results that fell short of expectations in April. An early Easter, which helped fuel March results, high gas prices, cool weather and renewed worries about the economy contributed to the decline, according to many analysts.

  • Target probes healthcare concept further

    Eight new healthcare clinics in Target stores are set to open in two new markets in July as part of the company’s most ambitious expansion of the healthcare initiative since it first began dabbling with clinics.

    Four clinics at stores in the Northern Virginia towns of Fairfax, Falls Church, Gainesville and Leesburg are set to open on July 29, the same day as four new clinics in the North Carolina towns of Apex, Wake Forest and Durham, which will get two clinics.

  • Bed Bath & Beyond to open at Village South at Waugh Chapel

    Washington, D.C. -- Sax Realty said that Bed Bath & Beyond will open a new 28,000-sq.-ft. store at Village South at Waugh Chapel, the largest power strip being built in the Washington, D.C., area.

    The store is slated to open in the fall.

    The one million-sq.-ft. mixed-use development, developed by Greenberg Gibbons, is also anchored by Wegman's, Target, Regal Cinema, Dick's Sporting Goods and Petco.

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