Wendy future of retail top


Target outlines ‘path to growth’

MINNEAPOLIS — Target Corp. revealed its plan for future growth at its recent investors’ conference here. In addition to fine-tuning its merchandising, the plan calls for the elimination of thousands of headquarters jobs in order to achieve savings of $2 billion. “Following a thorough strategic review of our business, coupled with a careful evaluation of

Target plans $2 billion in cost cuts in transformation strategy

Target plans $2 billion in cost cuts in transformation strategy

MINNEAPOLIS — Target Corp. has unveiled a turnaround plan based on streamlining its headquarters operations to cut costs, boosting its information technology and supply chain investments, and adjusting its merchandise mix to strengthen its relationship with its most loyal consumers. The discount store chain’s growth plans, announced late Tuesday following an event for the investor

Target goes small in 2015 store opening plans

MINNEAPOLIS — Target Corp. plans to open 15 new stores in 2015, more than half of them small-format stores. The discount store chain said Monday that it aims to add eight TargetExpress locations, one CityTarget and six general merchandise stores. The new TargetExpress 
stores include the previously announced three openings in San Francisco and one