Target

Target’s new website is slammed
August 29, 2011

The new Target.com website went live last Tuesday just as Target News Now was hitting in-boxes with an item about the relaunch that began, “Just launch the new site already.” Well, now that the completely reengineered site is operational, it marks the company’s first step on an ambitious plan for multi-channel expansion, according to Target.com president Steve Eastman. “Establishing a new platform for Target.com allows Target to reinvent our guests’ online environment and create a more user-friendly, reliable experience,” Eastman said. “With the new Target.com, we are in a better position to satisfy our guests’ constantly evolving preferences –

What to Expect This Back-to-School Season
August 19, 2011

The oppressive heat waves across the country have ended. Summer camps are coming to a close and children are scrambling to finish the reading lists they've ignored all summer. This can only mean one thing — the first day of school is just around the corner.

Target second-quarter profit beats expectations
August 18, 2011

MINNEAPOLIS – Target Corp. reported a 3.7% increase in second-quarter net earnings to $704 million, or $1.03 per share, beating the consensus projection of 97 cents per share among analysts. "We’re very pleased with our second-quarter financial results, which benefited from an acceleration in the pace of our comparable-store sales growth," said Gregg Steinhafel, chairman, president and chief executive officer, in a statement. "We continue to focus on strong execution of our strategy, preparing Target to perform well in a variety of economic environments." Target’s retail segment turned in a 5.1% increase in sales to $15.9 billion that was

Target Q2 Profit Beats Expectations
August 18, 2011

Target reported a 3.7 percent increase in second quarter net earnings to $704 million, or $1.03 per share, beating the consensus projection of 97 cents per share among analysts.

How long can Walmart remain the low-price leader?
August 17, 2011

With the changing economy, mega-retailer Walmart faces a price competition from higher -- and lower-priced stores A Walmart store. (ROBYN BECK/AFP/) JEREMY HOBSON: We'll get quarterly earning reports this morning from Target and Abercrombie and Fitch -- and maybe they'll say something that'll lighten the mood in the retail sector after Walmart said yesterday that its US sales were down for the 9th straight quarter. So what's the matter with the world's largest retailer? Here's Marketplace's Eve Troeh. Eve Troeh: Walmart has always sold itself as a low-price leader. And customers bought that, until the last few

It’s the Most Social Time of the Year
August 12, 2011

The big relaunch of Target’s digital platform isn’t due until later this fall, but that didn’t deter the company from offering plenty of ways to interact electronically with the brand for back-to-school shopping.

InterACT! Virtual Conference & Expo Announces Keynote Speaker
August 9, 2011

InterACT! Virtual Conference & Expo, produced by Target Marketing and Printing Impressions, proudly announces the opening keynote titled Get Bold! Creating a Social Business Agenda, to be presented by Sandy Carter, vice president, social business evangelism and sales at IBM Corporation.

Costco, BJ’s and Target beat estimates in July
August 5, 2011

New York City -- Warehouse club operators Costco and BJ’s Wholesale Club continue to benefit from high fuel prices and bargain-seeking consumers, with both chain reporting solid results. Costco reported a 10% rise in same-store sales In July, beating Wall Street's expectations for an 8.6% increase. The company’s strongest performance was overseas, with international same-stores sales jumping 22%. Its U.S. sales increased 6%. Removing gas price inflation and stronger foreign currencies, same-store sales gained 5% for the month. Costco said that total revenue for the four weeks ended July 31 rose 15% to $6.74 billion. The warehouse club

US chains lured shoppers in July with discounts
August 4, 2011

Deep discounts and the warmest July weather in decades brought U.S. shoppers to malls, helping many retail chains report healthy monthly sales increases at established stores. July figures provide an early read on consumer demand in the U.S. economy at the start of the back-to-school season, the second-biggest selling period of the year after Christmas. Warehouse club Costco and teen apparel chain Hot Topic posted some of the biggest gains so far. Costco Wholesale Corp reported a 10 percent rise in total July sales at stores open at least a year, beating the analysts' average estimate of an

5 Best Practices for Product Search
August 4, 2011

Think back to the last time you were in the market for a new printer, camera or sofa. If you used a search engine like Google or Bing, chances are you were served up a mess of things from videos to news results to images. That mess probably included ads that were pretty far off the mark.