MINNEAPOLIS — Target on Tuesday reported better than expected earnings in its fourth quarter and fiscal year and said it expects operating margins to grow by mid-single digits this year. Target posted net earnings of $834 million in the fourth quarter, an increase of 4.4% from a year earlier. Comparable-store sales were up 1.5% for
ENGLEWOOD CLIFFS, N.J. — Unilever and Sundial Brands launched on Wednesday a new line of textured hair care products for Gen Z multicultural women available exclusively at Target. Emerge was designed for today’s next generation naturals who want to explore different hairstyles and lifestyles. The brand was founded to enable these acts of self-discovery at
DES MOINES, Iowa — BLK & Bold Specialty Beverages announced that the brand’s specialty coffees are now available nationwide in over 200 Target retail stores and soon-to-be online at Target.com, with further expansion later in January 2020. The product lineup consists of four 12 oz whole bean coffees retailing at $12.99 with features ranging from
MINNEAPOLIS — Target announced plans on Thursday to open a new small-format store in Manhattan located on 42nd St between 7th and 8th Ave in Times Square. Projected to open by 2022, the Times Square store will be Target’s tenth open or planned small-format store in Manhattan – a priority growth market for the company.
SAN DIEGO — Manscaped, the below-the-waist grooming company providing precision-engineered tools and accessories for a simple and effective manscaping routine, announced today that its Essentials Kit will hit shelves nationwide at Target stores. A distinctive men’s grooming package featuring products specifically designed to trim a man’s most intimate areas, the Essentials Kit is a must-have
MINNEAPOLIS — Consumers who shop at the new ToysRUs.com web site that launched on Tuesday will actually be buying from Target Corp. Tru Kids Brands, the new owner of the Toys”R”Us brand, is relying on Target’s toy assortment, digital capabilities and fulfillment services to support its new online Toys”R”Us shopping venue. “Target’s leadership in toys,
MINNEAPOLIS — After years of offering private-label brands in apparel and home goods, Target is announcing a new grocery brand called Good & Gather. Products from the new line Good & Gather will hit Target shelves beginning Sept. 15. The retailer said that by the end of 2020, the brand will have more than 2,000
Chain drug retailing has thus far largely escaped the repercussions of the opioid epidemic, an ongoing tragedy which has seen so many people become addicted to pharmaceutical products that, when taken as prescribed and properly managed, can bring needed relief to patients with serious illnesses or injuries. Several of America’s most prominent pharmaceutical houses have
MINNEAPOLIS — Target has announced it is offering same-day delivery shopped by Shipt, now available directly through Target.com. “With same-day delivery now available directly within the Target.com experience, we’ve made it even easier for our guests to shop at Target — while still getting the great value, curated product assortment and helpful guest service they’ve
While retailing in the United States has hit a snag, one marked by a dearth of innovation and a scarcity of bold leadership, the state of the art elsewhere in the world is alive and well. While traditional retailers have for now run out of new ideas, the art itself is thriving. Examples abound. In
MINNEAPOLIS — Target Corp. on Wednesday reported revenue rose 5% to $17.6 billion in the first quarter of fiscal 2019 as it brought more customers into to its stores. Once there, shoppers spent more than in the previous quarter, the company said. Same-store sales increased 4.8% while comparable digital sales surged 42%. Online sales represented
CHARLOTTE, N.C. — Urban Skin Rx, the melanin experts and go-to clinical skin care line geared towards treating and perfecting diverse skin tones, announced it will expand its retail distribution beyond its e-commerce website www.urbanskinrx.com and its retail presence at select Target stores and Target.com into Ulta Beauty, Ulta.com and CVS stores across the U.S. Urban Skin Rx has been
NEW YORK — Target announced plans to open a new small-format store in Manhattan located near Columbus Circle at 61st St. and Broadway. Projected to open in 2019, the Columbus Circle store will be Target’s 28 open or planned store in New York City – a priority growth market for the company. Target also plans to open its Kips
NEW YORK — Faced with unprecedented change in customer behavior and expectations and the growing challenge of e-commerce, retailers across channels are testing new formats and fine-tuning existing store models. The innovation is being driven by a number of different factors, including the hope of luring emerging customer segments, the desire to penetrate new geographic