Target

Let the 2011 Holiday Shopping Season Begin
November 21, 2011

In case you havenโ€™t noticed the changes taking place in retail stores across the country, I'm here to report that orange is out and red and green are in. Thatโ€™s right, the holiday season has officially begun. From tinsel to snowflakes, stores are already decked out in their holiday finest hoping to entice shoppers to open their wallets and spread some cheer.

Target Q3 profit up 3.7%, beats expectations
November 18, 2011

Minneapolis -- Target Corp.โ€™s profit increased a better-than-expected 3.7% in the third quarter to $555 million, up from $535 a year earlier. The retailerโ€™s performance was helped by solid spending and improvement in its credit card business. Revenue rose 5.4% to $16.05 billion. Same-store sales were up 4.3% in the quarter. โ€œWe're very pleased with our third-quarter financial results," said Gregg Steinhafel, Target's chairman, president and CEO in a statement. "We're confident that we have the right strategy and team in place to drive continued strong performance this holiday season and well into the future." Target said that its

Toys"R"Us to Open Stores at 9 p.m. on Thanksgiving
November 15, 2011

Getting a jump on other retailers, Toys"R"Us is throwing open its doors at 9 p.m. on Thanksgiving night. The toy retailer said it would issue its Thanksgiving weekend circular on Nov. 24, offering more than 100 deals on 28 pages in newspapers across the country.

American Express launches Target prepaid card
November 15, 2011

NEW YORK โ€” American Express has announced the launch of the American Express for Target card, a reloadable prepaid card with no monthly or maintenance fees, available exclusively at more than 1,000 U.S. Target stores. โ€œWeโ€™re excited to partner with Target to provide consumers with a safe and secure everyday payment tool. This prepaid reloadable card is loaded with benefits synonymous with American Express such as roadside assistance, purchase protection, and global assist,โ€ said Stefan Happ, SVP and general manager of American Expressโ€™ global payment options. โ€œIn addition, it delivers premium value to consumers, with no fees for monthly

Target plans second CityTarget for Los Angeles
November 15, 2011

Minneapolis -- Target announced it will open a CityTarget store in the Westwood Market Place, Westwood, Calif., in July 2012. The 98,000- sq.-ft. store will occupy a space that formerly housed Home Depot Expo. The Westwood location is the second CityTarget store confirmed in the Los Angeles metropolitan area. Target previously announced that it would open a small-format, urban store at Figueroa and 7th in downtown Los Angeles in October 2012. In addition to the two Los Angeles area CityTarget stores, Target will open small-format stores in Chicago, Seattle and San Francisco in 2012.

Target aims to iron out site glitches ahead of the holidays
November 10, 2011

Target's website has crashed six times since the company launched the revamped site. As it strives to improve the online experience ahead of the holidays, Target and other merchants that have made similar moves face challenges hiring top talent from a relatively small pool of highly skilled engineers, says Forrester Research's Sucharita Mulpuru.