PP_1170x120_10-25-21

Target

Target earnings hit by higher costs

Target earnings hit by higher costs

MINNEAPOLIS – Target Corp.  said Wednesday that sales increased in its first quarter but higher costs impinged on profits. Comparable sales increased 3.3% in the quarter, reflecting traffic growth of 3.9%, the company said. Store comps were up 3.4% while digital comps increased 3.2%. Sales growth was led by frequently purchased categories, including food and

Biden asks Walmart, Target, manufacturers to ease baby formula shortage

Biden asks Walmart, Target, manufacturers to ease baby formula shortage

WASHINGTON — President Biden Thursday asked retailers and manufacturers, including Walmart, Target, Reckitt, and Gerber, to do more to help families purchase infant formula. He discussed Reckitt and Gerber’s efforts to increase production to make up for lost supply from Abbott, and asked them to identify other ways the administration can help them. The conversation

Target tests first net zero energy store

Target tests first net zero energy store

MINNEAPOLIS — Target Corp. announced this week its most sustainable store yet, which will test innovations that generate renewable energy and reduce emissions. The Vista, California, store’s retrofit and new features will inform Target’s investments in new stores and remodel programs that support its long-term growth and help guide the retailer’s efforts to achieve its

Make human connections and health equity will follow

Make human connections and health equity will follow

As the retailization of health care accelerates post-pandemic, humanized commerce approaches will become a new-normal U.S. retail trend. Shoppers’ values will continue to shift even more in the direction of human concerns and human priorities. According to the CDC, health equity is when each person has the chance to reach “his or her full health

CVS, Target and Hy-Vee join list of stores dropping mask requirements for vaccinated people

CVS, Target and Hy-Vee join list of stores dropping mask requirements for vaccinated people

NEW YORK — More retailers are joining the list of stores dropping mask requirements for customers and employees if they’re fully vaccinated against COVID-19. CVS Pharmacy announced that, consistent with the latest CDC guidance, effective May 17 customers who are fully vaccinated are no longer required to wear face coverings inside of our stores, unless it

Target shows commitment to Black-owned businesses

Target shows commitment to Black-owned businesses

MINNEAPOLIS — Target Corp. announced Wednesday its commitment to spend more than $2 billion with Black-owned businesses by the end of 2025. Target is pledging to add products across its multi-category assortment from more than 500 Black-owned businesses and engage more Black-owned companies to enhance its retail operations and shopping experience. In addition to spending more

New study finds more companies have improved toxic chemical safety programs

New study finds more companies have improved toxic chemical safety programs

WASHINGTON — A new report released Tuesday by the Mind the Store campaign finds significant chemical policy improvement with nearly 70% of companies surveyed having better chemical safety programs now compared to their first evaluation dating as far back as 2016. The study also finds that, in an unprecedented move in the history of the report,

Target will distribute COVID-19 vaccines with CVS

Target will distribute COVID-19 vaccines with CVS

MINNEAPOLIS —Target is partnering with CVS to distribute coronavirus vaccines at store locations across 17 states, the companies announced Wednesday. More than 600 CVS pharmacies within Target locations nationwide will be offering vaccinations to eligible people. “Our top priority since the onset of the pandemic: the health and safety of our team members, guests and

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