Target News Now

05/23/2011 - 15:29

Last week’s issue of Target News Now contained some inaccurate information relating to the level of promotional activity during April at some of the nation’s leading retailers. The correct information along with a link to a revised chart provided by research company Market Track is below.

05/23/2011 - 15:14

Although Targets’ new e-commerce platform isn’t expected to relaunch for a few more months, it is worth acknowledging that the massive undertaking is on time and under budget.

05/20/2011 - 15:32

Target Corp. plans to spend more than it had forecast this year on its entry into the Canadian market as it nails down more of the best retail locations sooner than expected.

05/20/2011 - 13:41

Each year, the graduating class of the Master of Professional Studies degree program in cosmetics and fragrance marketing and management at FIT researches and forecasts trends or growth concepts within a specific area of the beauty industry, which they then present to an audience of industry executives.

05/20/2011 - 11:33

Walmart and Target are the top go-to retail stores for college students, according to a new study.

05/18/2011 - 13:28

First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2% the company reported.

05/16/2011 - 16:47

Target has awarded its 2010 Partner Award of Excellence to Munchkin, a designer and manufacturer of clever infant and toddler products. Target presents the award to select companies across various companies. Munchkin took home the top honor in the newborn/infant/toddler category.

“At Munchkin, we strive to provide parents with clever products that make their lives easier. Our retail partnerships are incredibly important to our brand, as they make our line of innovations more accessible to consumers. We are honored to be recognized by Target for our quality and high standards.”

05/16/2011 - 16:39

Target ranked 49th on a list of the nation’s 100 largest online retailers based on an annual assessment conducted by the research firm ForeSee Results. The firm said that customer satisfaction with e-tailers is at an all time high with an overall median score of 78 on a scale of 100. Target scored a 78 compared with top-ranked Amazon.com at 86 and bottom ranked RueLaLa.com at 70. The company could make a major move up the ranking by this time next year as a major relaunch of Target.com is planned for this fall just as millions of shopper head online for holiday shopping.

05/16/2011 - 16:34

Target is among the key sponsors of a Kids in Need Foundation event slated for this fall in Minneapolis. The company, along with fellow Minneapolis-based supplier 3M, is supporting the organization’s annual cocktail reception and fundraising dinner to be held September 21 at The Depot from 6:30 p.m. to 10:30 p.m. The guest speaker at the event is former OfficeMax chairman and CEO Sam Duncan.

05/16/2011 - 16:30

An increase promotional efforts in April contributed to Target’s 13.1% monthly same store sales gain, according to new data from the promotional intelligence firm Market Track.