WARREN, N.J. — The shared values of Haleon and Target Corp. have led to the launch of their second annual All for Wellness campaign advancing equitable health care. The 360° omnichannel initiative educates shoppers on disparities in the system, while delivering care to underserved communities through a partnership with the nonprofit Remote Area Medical (RAM).
MINNEAPOLIS — Target Corp.’s shares fell in early trading on Wednesday, after the company reported softening sales and a drop in earnings for its fiscal third quarter. Target reported that its comparable sales increased 2.7% in the quarter, on top of 12.7% growth in last year’s quarter. That performance was led by growth in such
MINNEAPOLIS – This week Target Corp. unveiled a new prototype for its larger-format stores that offer a more open layout for shoppers while adding a dramatically larger backroom fulfillment space to support online delivery and pickup orders. Stores with the new design will measure nearly 150,000 square feet, or more than 20,000 square feet larger
MINNEAPOLIS — Brian Cornell has committed to stay on as chairman and chief executive officer at Target for about three more years, beyond the retailer’s traditional retirement age of 65, the company said on Wednesday. But Arthur Valdez, executive vice president and chief supply chain and logistics officer, does plan to retire from Target. He
MINNEAPOLIS — Target Corp. announced the return of its highly anticipated Target Deal Days sales event, with incredible savings on hundreds of thousands of items – no membership fee required. Featuring three full days of savings exclusively on Target.com and the Target app, the annual Target Deal Days sale returns July 11-13, with deep deals
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
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
NEW YORK — Target opened a store in New York City’s Time Square area on Sunday. “We’re excited to bring the joy of Target to new guests and help them discover a unique shopping experience tailored to the needs of our community in the heart of New York City,” said Dan Rivera, Store Director of the
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
MINNEAPOLIS — Target Corp. said it plans to invest up to $5 billion on its physical stores, digital experiences, fulfillment capabilities and supply chain capacity this year to support its continued growth. “Years of investment in our team and business have driven our sales beyond $100 billion and positioned Target to meet the needs of
MINNEAPOLIS — Target had another good year in 2021. The company delivered $106 billion in total revenue for the year, having grown nearly $28 billion, or more than 35%, over the past two years. Comparable sales grew 12.7%, on top of a 19.3% increase in 2020. Target also said that earnings per share in the
MINNEAPOLIS – Target Corp. beat earnings estimates for its fiscal second quarter as shoppers returned to its stores. The retailer said revenue rose 9.5% to $25.1 billion in the quarter ending July 31. Adjusted earnings were pegged at $3.64 a share, a 7.7% increase from a year ago and ahead of Wall Street’s consensus estimate
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
WORCESTERSHIRE, U.K — Baylis & Harding is growing the retail footprint of their Goodness collection in the U.S., launching a new hand wash offering at Target. The retailer will now carry the Goodness Natural Hand Wash in Oud, Cedar & Amber in a new 100ml (3.3 oz) travel size. This mini version of the best-selling