Target is kicking off a three-year collaboration with the University of Minnesota’s College of Science and Engineering, propelled by a $250,000 Target donation. The goal is to build course curriculum and offer hands-on information security experiences, student scholarships, fellowships and grants, and opportunities for students to network with the retailer’s cyber security experts.
Another chapter in the ongoing Bed Bath & Beyond saga of reinvention has been written with the hiring of former Target executive Mark Tritton as the home specialty store’s new president/CEO.
Target has named Michael Fiddelke evp/chief financial officer, effective November 1. The retailer also updated its merchant leadership following Mark Tritton joining Bed Bath & Beyond as CEO.
Target plans to roll out its new loyalty offering, Target Circle, nationwide on October 6. The program is said to be an easier, more personalized shopping experience, while helping create a positive impact in local communities, with no membership fee required.
According to Coresight Research’s Holiday 2019: U.S. Shopper Survey, tariffs have become an issue for consumers in the U.S. who are evaluating year-end gift spending, and their thinking may throw a dark cloud over the season’s prospects.
Target is teaming up with Disney and will open a store at the Walt Disney World Resort in Orlando, FL, as part of the new partnership. The retailer will also open in-store Disney shops in select locations that will feature not only Disney merchandise but also the entertainment company’s Star Wars and Marvel properties.
Target is celebrating two recent milestones, cutting the ribbon on its 100th small-format store, and surpassing its 500th store remodel.
Promocodes.com surveyed 2,000 American parents as this back-to-school season began, and the deals facilitator asserted that 99.3% of the K to 12 parents surveyed plan to do some kind of back-to-school shopping with the average spend per child at $221.24.
It was 20 years ago that Target launched its first designer collection, a line of products from architect Michael Graves.
Target has been making big changes in its stores over the past few quarters, with significant reconfiguration of sales floors in an initiative that has made storage a key part of the in-store and online business.
For more than a decade, Deb Danielson has been a key member of the buying and merchandising team at Target. During her tenure, she has worked on the store and dot.com sides of the retailer’s business.
According to Target, millions of customers shopped hundreds of thousands of items across the retailer’s assortment— from home décor and housewares to clothing, toys, electronics and more— during Target’s Deal Days, two days of online savings on July 15 and 16.
Target has named Hari Govind svp/infrastructure and operations for the company’s technology team.