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Target’s evolving merchandise mix revealed
Considering how the addition of food at Target and the company’s PFresh remodeling initiative has dominated headlines for the past year, it is somewhat of an eye opener to see the company is really just beginning to scratch the surface in food.
At the end of last year, the food and pet supplies category accounted for 17% of total company sales of $67.4 billion compared with two years earlier when those categories accounted for 15% of sales of roughly $65 billion. That’s according to a category sales breakdown contained in the company’s annual report.
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True Value releases new 2-in-1 paint
True Value has announced the introduction of a 2-in-1 -- paint plus primer -- paint called EasyCare Platinum. The new paint promises a one-coat solution to painting projects because it eliminates the need for a primer.
EasyCare Platinum will be available in all the colors offered in the Chicago co-op’s EasyCare line, including Flat Enamel, Satin and Semi-Gloss finishes. EasyCare Platinum is mildew-resistant and backed by a lifetime warranty.