Target Adds COVID-19 Safety Measures
As the COVID-19 outbreak continues to impact its operations, Target is adding safety measures it will take to help reduce the spread of the coronavirus.
Target
Shipt Enhancing Delivery Service Across The U.S.
Shipt, the Target-owned same-day consumer delivery service, is adding thousands of employees to address the coronavirus outbreak.
Target Adjusts Strategic Initiatives As Comps Surge
As the COVID-19 crisis has evolved, Target said it has been experiencing unusually strong traffic and sales, particularly in its stores and same-day services, as consumers rely on Target for essential items like food, medicine, cleaning products and pantry stock-up items. As a result, the company has adjusted the expected timing of some of its strategic initiatives.
Target Boosts Investment Into Employee Programs
Target is investing $300 million in a range of employee-related initiatives. In recognition of the significant contributions its frontline team members are playing during this time, Target said it is raising their pay by $2 an hour until at least May 2.
Updated: Williams Sonoma, Other Retailers Close Stores, Reduce Hours
A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Retailers Respond To Coronavirus Outbreak
Retailers across a range of channels are addressing the coronavirus outbreak in stores and online, responding with measures to address consumer and employee safety and health concerns, ramping up the cleaning of stores and boosting cleaning tool and supply assortments to meet increased consumer needs.
Cornell: Target Preparing For Coronavirus Impact
Target posted and distributed via an email a letter from CEO Brian Cornell addressing the coronavirus outbreak and measures the retailer is taking to address it.
Target Plans More Small Stores And Services In 2020
After a year when the company boosted the buy online pick up in-store service, Target mapped out its vision for the year ahead, focusing on customer service and experience, as well as small-format stores where home merchandise will play a role.
Target Beats Q4 Estimate Despite Lower Store Comps
Although store comparable sales slipped in the fourth quarter, digital sales helped Target post a higher overall comp and earnings that beat a Wall Street estimate.
Target Names Holtz SVP/Field Operations
Target has hired Heath Holtz as svp/field operations. Holtz will oversee Target’s supply chain and logistics field network to support its stores.
eMarketer: Target Enters Top Ten Digital Retailer List
Target has leaped into the top 10 of eMarketer’s ranking of e-commerce retailers in the U.S., although Amazon holds firm to the top spot.
Shipt Updates Brand Identity
Shipt, a division of Target, has updated its look including the brand’s logo.
Sally Beauty Elects Baer, Flur To Board Of Directors
Sally Beauty has elected two retail executives to its board of directors: Timothy Baer, former evp/chief legal officer and corporate secretary of Target; and Dorlisa Flur, former chief strategy and transformation officer of Southeastern Grocers.
Target Holiday Comps Disappoint As Home Falls Short
As it also unveiled executive changes, Target reported that November/December holiday season comparable sales registered a 1.4% increase but that home department comps were off slightly.
Target Features Hearth & Hand Furniture For Spring
Target is ready with spring home introductions that include natural and neutral colors, handcrafted looks and the first furniture to emerge from its Hearth & Hand with Magnolia partnership.
Target Readies Weekend Holiday Deal On Housewares
Target is serving up more of its Weekend Deals during the holiday season, including in housewares.
Target Kicks Off Cyber Week Sale
Target kicked off its Cyber Week sale one day early this year, with digital doorbusters available on Target.com on Sunday, December 1, and Monday December 2. Throughout Cyber Week, Target will offer deep discounts, with new offers available every day through Green Monday on December 9.
Target Breaks Big In Q3
In the third quarter, Target delivered strong comparable store sales and earnings gains, as the company benefited from additional store and digital traffic, as well as gains in the home department.
Zip Top Launches Reusable Silicone Containers
Zip Top has launched its silicone storage containers, which are designed to stand up, stay open and seal shut.
Target Readies Holiday Deal Blitz
Target is introducing what it is calling “HoliDeals,” featuring thousands of deals throughout the season on items like décor, electronics, toys and more. HoliDeals kicks off this week with the reveal of the retailer’s Black Friday ad and a two-day Black Friday Preview Sale featuring four times the number of deals compared to last year, the company said.