Target news and archive

Target circle week October 1-7, to hire 100,000 seasonal workers

Target is offering a full week of savings during Target Circle Week, which will be running from October 1 to 7. Ahead of the upcoming holiday shopping season, the retailer also plans to hire nearly 100,000 seasonal team members. Also starting October 1, Deal of the Day program returns with deep daily discounts exclusively for Target Circle...

Fashion Featured

Target to collaborate with Christopher John Rogers, Rixo and Alexis

US retailer Target is to offer dresses by Christopher John Rogers, Rixo and Alexis for less than 60 US dollars as part of its new The Designer Dress Collection. The accessible collection will feature more than 70 dresses from the three designers and will mark Target’s most size-inclusive collection to date, added the retailer, with sizes ranging...

Fashion

Levi Strauss ventures into home goods with Target

Levi’s is creating a limited-edition home collection of thoughtfully-designed, durable pieces to inspire a more sustainable home environment. The line is created in partnership with Target, and will retail exclusively through the company upon its launch on February 28. The two companies worked together to create the collection of items across...

Business

Target earnings exceed estimates

Minneapolis-based Target Corp. (TGT) reported robust growth in both sales and profitability during its third quarter. With an adjusted earnings per share growth of 105.1 percent, and comparable sales increase of 20.7 percent, the company's results surpassed analysts' projections. More than 95 percent of Target's third quarter sales were...

RetailFeatured

U.S. election chaos: retailers fear vandalism and board up store windows

Chanel, Dior, Louis Vuitton, Tiffany and even Target have boarded up stores as extra security measures during the current election chaos in the US. Retailers have long suffered in times of political unrest, most notably this summer during protests over the death of George Floyd in Minneapolis. “While we intend to remain open where possible, out...

Retail

Target and Walmart to close on Thanksgiving Day this year

For Thanksgiving 2020, Target will be closing its doors for the first time, ending a decade long tradition of opening for early Black Friday doorbusters. Target follows in the footsteps of its competitor, Walmart, who also said they will not be opening on Thanksgiving this year, ending a tradition for them that goes back to the 1980s. In...

Retail |ANALYSIS

Target Australia increases its offer through the Catch e-commerce platform

New York - Wesfarmers, the owners of the Australian division of US department store operator Target, has decided to accelerate the integration of its online retail brands and offline. One year after acquiring Catch for 230 million dollars, Wesfarmers has taken a further step toward full integration of the e-commerce site into its department...

Retail

H&M shutsdown 95 shops in the US amid protests

Swedish fashion retailer Hennes & Mauritz AB or H&M has temporarily shuttered 95 of its stores in various regions across the U.S. following violence and looting amid the unrest related to the death of George Floyd. Street protests, some peaceful and some violent, erupted across the nation after Floyd was mercilessly killed by Minnesota police....

Retail

Target launches Instagram checkout for easy mobile shopping

Target has become the first mass retailer to integrate mobile checkout through Instagram. According to a company blog post, Target's tech team has created a solution that allows customers to purchase products displayed by the Target and TargetStyle accounts directly through Instagram. Any post that is shoppable will be marked with a shopping bag...

Fashion

Target announces designer collaboration with Cushnie & others

Target is teaming up with three designers for its latest limited-edition collaboration. The retailer's upcoming Designer Dress Collection is created in partnership with Cushnie, Lisa Marie Fernandez and LoveShackFancy, representing the style and spirit of each designer's core brand at Target's accessible pricing. Target has been working closely...

Retail

Target announces changes to stores, suspends returns amid coronavirus

Target Corp. said it will reduce the number of new small format store openings as well as store remodel projects scheduled for 2020 due to the challenging environment resulting from the coronavirus pandemic. Providing an updated plan for its remodel program, the discount retailer said it now anticipates to complete about 130 remodels in 2020,...

Fashion

Target launches new activewear brand All In One

Target is starting 2020 off ready to prepare consumers for health and fitness New Year's resolutions. The American retailer has announced a new private label brand for activewear and sporting goods. Called All In Motion, Target's new line was created using feedback from over 15,000 shoppers, and offers high quality performance fabrics at Target...