Target News & Media
Target spends big to boost sort center network
February 23, 2023
Target intends to spend $100 million to expand its sortation center network in a quest to speed delivery to customers.
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Walmart boosting hourly pay
January 25, 2023
Walmart is increasing its U.S. hourly wage, from $12 an hour to $14.
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Target revamps store format with community, sustainability in mind
December 8, 2022
Target is debuting larger-format stores that provide more space for same-day fulfillment services, a more open layout and localized elements.
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Target, TD Bank extend credit card partnership
November 10, 2022
Target is expanding its U.S. credit card partnership with TD Bank through 2030. The bank is the exclusive issuer of Target's co-branded and private label…
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Target, Kohl’s, Best Buy not open on Thanksgiving Day
October 28, 2022
Target is the latest retailer to decide not to open stores on Thanksgiving Day.
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Target, Apple expand product collaboration
October 27, 2022
Target is expanding its product collaboration with Apple in more than tripling Apple's products and accessories at its stores. Apple products can now be found…
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Target taps Prat Vemana as chief digital, product leader
October 10, 2022
Prat Vemana has been named EVP, chief digital and product officer at Target and begins the role as of Oct. 3.
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Target hiring on 100K workers for holiday season
September 23, 2022
Target plans to hire 100,000 seasonal employees for the holiday sales season, the same number it hired on in 2021.
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Target teams with FAO Schwarz on toy marketing strategy
September 12, 2022
All Target store toy departments will feature more than 120 toys from FAO Schwarz as part of a multi-year deal between the two retailers.
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Target CEO commits to 3 more years at helm
September 7, 2022
Target CEO Brian Cornell will continue in his role for the next three years while Arthur Valdez, EVP and chief supply chain and logistics leader, has retired…
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11 brands winning with memorable in-store experiences
by Bobby Marhamat — CEO, Raydiant
Want to create memorable in-store experiences? Look to these 11 brands for inspiration.
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Target deploys more delivery hubs, driver fleets
August 1, 2022
As part of its e-commerce strategy retailer Target is deploying driver fleets as well as establishing additional delivery hubs.
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Target spending $2B with Black-owned businesses
May 20, 2022
As part of its Racial Equity Action and Change strategy, Target plans to spend more than $2 billion with Black-owned businesses within the next three years and…
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Target Q1 sales, traffic on positive track
May 18, 2022
Target's Q1 2022 earnings reveals a comparable sales growth of 3.3%, traffic growth of 3.9% and digital comparable sales of 3.2%.
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Verizon pumps up minimum wage
April 20, 2022
Verizon Communications Inc. will increase the minimum wage for new and existing retail, customer service and internal sales staff to $20 an hour.
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Target expanding logistic footprint to handle robust sales
March 15, 2022
In an effort to handle increasing sales, both online and in the store, Target is expanding its logistics footprint across the U.S.
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Target boosts starting wage range
March 7, 2022
Five years after increasing its starting wage to $15, Target is now expanding the wage range to $15 to $24 for hourly team members working across the retail…
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Target sales, traffic robust in Q4
March 1, 2022
Target's comparable sales grew 8.9% and comparable traffic grew 8.1% in Q$ 2020 and total revenue grew more than 35% over the past two years.
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Target eliminates mask requirement for shoppers, staff
February 25, 2022
Consumers and store associates and workers will no longer have to wear a protective COVID-9 mask in Target stores.
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Target CEO: Gas costs, inflation could deter consumer in-store visits
January 25, 2022
Target CEO Brian Cornell expects ongoing inflation, resulting in higher retail goods costs, and increased gas prices are likely going to reduce consumer…
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