Target
October 17, 2018 at 1:15 pm
On Tuesday, Target announced plans to roll out a new toy experience in stores and online, in time for the holiday shopping season. Changes include devoting more aisles to selling toys in stores, hosting play days in stores and making the new dedicated space “absolutely permanent” lasting beyond the gifting season. CNBC reports Target will…
May 14, 2018 at 12:26 pm
Target is testing a new product distribution strategy aimed at cutting down its replenishment cycle from days to hours while reducing overall inventory at stores, especially at small-format ones. Preston Mosier, Target's senior vice president of global supply chain and logistics field operations, made the announcement last week during a keynote presentation at the Retail Supply…
April 16, 2018 at 1:29 pm
Target will begin to test a service that uses Bluetooth-connected household devices to monitor your supply of toilet paper, paper towels and hand soap, and automatically order more when consumers need them. The replenishment program is called Target Fetch, and the retailer will launch a campaign May 1 on the crowdfunding site Indiegogo to solicit 250…
March 23, 2018 at 12:21 pm
According to a new report, two of the biggest names in food retailing, Target and Kroger, are considering a merger that would bolster their position against the growing threat of Amazon.com. Fast Company reported Friday morning that Target and Kroger started talking "last summer" about "a partnership" that would help Target's grocery business and Kroger's e-commerce capabilities. The…
March 20, 2018 at 3:02 pm
FedEx Office, a subsidiary of FedEx Corp., and Walmart said yesterday that FedEx Office will bring its small-format stores for printing, packing and shipping into 500 of Walmart's stores nationwide in the next 24 months. The announcement comes after completion of a successful pilot program spanning 47 locations within Walmart stores across six states. Besides…
March 15, 2018 at 1:09 pm
As has been written about ad nauseam in this e-newsletter and countless others retail trade publications, personalization is the Holy Grail for retailers. After all, done right, personalization elevates consumers’ lives and promotes engagement by providing products and/or content that tune into and even anticipate the needs of customers. The benefits of personalization to the customer…
February 28, 2018 at 1:54 pm
In an interview at the eTail West conference in Palm Springs, Calif., this morning, Bruce Starnes, vice president, digital solutions, Target, addressed how the big-box retailer is evolving its business to thrive in a changing retail environment. Starnes was interviewed by Jenny Kaplan, consumer goods reporter for Bloomberg.
February 19, 2018 at 12:53 pm
Walmart is introducing new low-cost apparel brands for women, kids and plus-size customers — and phasing out older brands — in an effort to lure shoppers away from Amazon.com, which is steadily increasing its apparel sales, according to a Bloomberg report. The store brands include Time and Tru in ladieswear, which will replace the jettisoned DanskinNow label,…
January 26, 2018 at 11:48 am
Target is launching a same-day delivery service sooner than expected. CNBC reports in the wake of its $550 million acquisition of Shipt, Target will be launching same-day shipping technologies in 57 stores across Alabama and South Florida, starting Feb. 1. Later in February, Target’s website announced Shipt's service will expand to areas of Georgia, North…
January 9, 2018 at 1:09 pm
Add Target Corp. to the growing list of retailers who had a more robust holiday season as shoppers were in a spending mood. The Minneapolis-based retailer reported this morning that comparable sales in November and December rose 3.4 percent, much higher than its forecast for sales to be flat to up 2 percent. The company…
