Shares in Target rose 12 percent in premarket trading Tuesday after the US department store chain reported strong fourth-quarter sales and an optimistic 2022 outlook. Sales in the three months to the end of January increased 9 percent year-over-year to 30.6 billion dollars, while sales in the full year were up 13 percent to 104.6 billion...
1 Mar 2022
Target is celebrating Black History Month by partnering with its Black team members, designers and other visionaries for an exclusive product assortment and Black Beyond Measure marketing campaign. Its product assortment ranges from apparel and accessories to décor, including products featuring designs from its inaugural three HBCU Design...
7 Feb 2022
British sustainably sourced vegan haircare line, Imbue, has announced that it is expanded to the US in partnership with Target. Backed by celebrity hairstylist Michelle Sultan, Imbue offers a collection of premium haircare and styling products catering to the needs of the curly, coily, 3A-4C hair, a community historically overlooked in the...
2 Feb 2022
US retailer Target is to offer dresses by Christopher John Rogers, Rixo and Alexis for less than 60 US dollars as part of its new The Designer Dress Collection. The accessible collection will feature more than 70 dresses from the three designers and will mark Target’s most size-inclusive collection to date, added the retailer, with sizes ranging...
19 Apr 2021
American retailer corporation Target has announced a commitment to spend more than 2 billion dollars in Black-owned businesses by 2025. Target will add products from more than 500 Black-owned businesses across its multi-category assortment in stores and online, as well as increased spending in Black-owned companies, such as marketing agencies,...
8 Apr 2021
Levi’s is creating a limited-edition home collection of thoughtfully-designed, durable pieces to inspire a more sustainable home environment. The line is created in partnership with Target, and will retail exclusively through the company upon its launch on February 28. The two companies worked together to create the collection of items across...
27 Jan 2021
Minneapolis-based Target Corp. (TGT) reported robust growth in both sales and profitability during its third quarter. With an adjusted earnings per share growth of 105.1 percent, and comparable sales increase of 20.7 percent, the company's results surpassed analysts' projections. More than 95 percent of Target's third quarter sales were...
18 Nov 2020
Chanel, Dior, Louis Vuitton, Tiffany and even Target have boarded up stores as extra security measures during the current election chaos in the US. Retailers have long suffered in times of political unrest, most notably this summer during protests over the death of George Floyd in Minneapolis. “While we intend to remain open where possible, out...
4 Nov 2020
Jason Wu is getting into the beauty game. Wu has collaborated with NYX Cosmetics founder Toni Ko and her Bespoke Brand Brands incubator program to launch Jason Wu Beauty, which will be carried at 400 Target stores beginning next January in addition to the newly launched jasonwubeauty.com. The initial launch of Jason Wu’s beauty line includes 25...
23 Oct 2020
Target Corporation’s board of directors elected Christine (Chris) A. Leahy, president, chief executive officer and director of CDW, and Derica W. Rice, former executive vice president of CVS Health and president of CVS Caremark, as directors. The company said in a statement that Leahy’s appointment becomes effective January 1, 2021, and Rice’s...
26 Aug 2020
For Thanksgiving 2020, Target will be closing its doors for the first time, ending a decade long tradition of opening for early Black Friday doorbusters. Target follows in the footsteps of its competitor, Walmart, who also said they will not be opening on Thanksgiving this year, ending a tradition for them that goes back to the 1980s. In...
27 Jul 2020
New York - Wesfarmers, the owners of the Australian division of US department store operator Target, has decided to accelerate the integration of its online retail brands and offline. One year after acquiring Catch for 230 million dollars, Wesfarmers has taken a further step toward full integration of the e-commerce site into its department...
6 Jul 2020
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