Target once again is making real progress in attracting consumers to its trendy but value-centric proposition.
Meijer has been expanding into metro Cleveland over the past couple of weeks, opening its first three stores in the city’s suburbs and introducing a home delivery service.
Driven by growth in store traffic and gains in market share, Target reported solid comparable store sales growth for the first quarter ended May 4.
While Target’s Vineyard Vines collection officially launches May 18, the retailer launched a pop-up shop in New York City to gives consumers a chance to shop the line.
Bed Bath & Beyond’s efforts to test new store layouts and merchandising techniques is the latest move by a major retailer to update its stores.
Bill Smith, founder and CEO of Shipt, a wholly owned subsidiary of Target, announced he will be departing the company to pursue his next entrepreneurial challenge. He will continue to serve as an advisor to the company. Kelly Caruso will join Shipt, effective immediately, as the new CEO.
Target’s omnichannel strategies seem to be paying off, as the retailer enjoyed a strong fourth quarter and its best fiscal year in more than a decade.
Target is launching Target +, a curated assortment of products from third-party sellers on Target.com. An initiative in its early stages, it is designed to complement Target’s current assortment with selected additions in popular areas like home, toys, electronics and sporting goods.
Target is kicking off its “Weekend Deals” for the holiday season with a Saturday- and Sunday-only series of savings on kitchen appliances and cookware.