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Target
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In conjunction with the release of a racial and gender breakdown of its team across all levels of the company, Target last week announced plans to increase representation of Black team members by 20 percent over the next three years by sharpening its focus on advancement, retention and hiring. Target said it has had diversity and inclusionโฆ
On Wednesday, Target reported the greatest percentage increase in quarterly sales in the companyโs history. Walmart, which reported earnings on Tuesday, doubled its e-commerce sales. Home Depotโs sales increased more than 23 percent in this yearโs second quarter. Lowe's announced that its second quarter sales surged 30 percent, boosted by a 135 percent increase in e-commerce sales. Wayfair reported earlier that its revenueโฆ
Target is raising its minimum wage to $15 an hour beginning July 5, CNBC reported. The retailer will also be giving hourly employees a one-time bonus of $200. Target temporarily raised its wages by $2 an hour in March as the COVID-19 pandemic began, so this announcement makes the raise permanent. This raise will be for hourlyโฆ
Target said late Saturday night that it would temporarily close 175 of its locations across the U.S. after video of its Minneapolis store getting looted went viral amid the fifth night of protests sparked by the death of George Floyd, which saw protesters around the country destroying stores and setting fire to police vehicles. โWeโฆ
Amazon.com and Target employees, on the front lines of COVID-19, are leading nationwide efforts to draw attention to the health risks they face delivering groceries and other critical supplies to Americans. Their approach? Planned sickouts. More than 350 Amazon warehouse workers in 50 locations pledged to call out from their jobs starting Tuesday, according to Athena, a coalitionโฆ
Target is ready to launch yet another new brand โ one that executives hope will help it compete with the likes of Athleta and lululemon. All in Motion, an activewear brand developed by Target's in-house designers, will replace C9 by Champion, a licensed brand from Hanesbrands that Target has carried exclusively for more than 15โฆ
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss the rebirth of Toys"R"Us, including the news earlier this month that its e-commerce website will be powered by Target. For the toy category, the re-emergence of Toys"R"Us, both online and offline, brings another competitor with a strong, iconic brand nameโฆ
Target announced today that itโs partnering with the parent company of the Toys"R"Us brand, TRU Kids, to help it relaunch ToysRUs.com. The deal will allow Toys"R"Us to once again have an online presence, post bankruptcy, as it simultaneously begins to open Toys"R"Us stores in the U.S. again. And it could also be a huge boost toโฆ
Target has announced that it will roll out its new loyalty program, Target Circle, nationwide on Oct. 6. The expansion of the loyalty program complements Targetโs branded credit card, Redcard, which only a quarter of its customers use. It also replaces Cartwheel, a separate discount program, in an attempt to offer a โmore seamless, intuitive shopping experience.โ Theโฆ
Target's same-day curbside pickup service, Drive Up, has now reached all 50 U.S. states, the retailer announced last week. The service allows consumers to shop online then pull up to designated spaces at their local store to have their order delivered to their car by Target staff. Drive Up has rolled out to Target stores atโฆ