Wendy future of retail top

Target Express

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 Express enhances chain’s local flavor

Target Express enhances chain’s local flavor

Target is officially in the convenience store business. Earlier this month the Minneapolis-based mass merchant opened two slimmed-down stores in the San Francisco Bay area. The first opened in downtown San Francisco, the second across the Bay in the college town of Berkeley. These units are the second and third “Express” stores Target has opened

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

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