All Target articles – Page 3
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NewsAustralian retailer Target poaches TK Maxx ecommerce director
Australian retailer Target has poached TK Maxx’s ecommerce director as it continues to strengthen its leadership team.
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NewsAussie retailer Target drafts in further British talent
Australian retailer Target has drafted in further British talent with the appointment of Graeme Jenkins as finance director.
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NewsAussie retailer Target drafts in former Tesco clothing boss Richard Jones
Australian retailer Target has raided British retail for top talent and is expected to draft in more new blood under boss Stuart Machin.
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AnalysisInternational analysis: Target suffers disappointing first quarter
Target can now be added to the list of US general merchandise retailers, which already includes Walmart, JC Penney and Kohl’s, whose first-quarter results disappointed.
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NewsStuart Machin appointed MD of Australian retailer Target
Former Sainsbury’s and Asda director Stuart Machin has been appointed managing director of Australian department store group Target.
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Target opens first three Canadian stores
Target has opened its first three Canadian stores in Guelph, Milton and Fergus in the state of Ontario.The openings are intended as a pilot to prepare systems, train team members and determine operational readiness as the retailer prepares for the soft opening of 24 stores in Ontario later this month.Target ...
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AnalysisInternational analysis: Target aims for Canadian market share
Lacklustre trading over Christmas hasn’t cast a shadow over discount retailer Target as it gears up for its first international foray.
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AnalysisSites: Target Vs Amazon
Tim Ash, Creative partner at Movement, shares his view of good and bad apps.
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Target reveals US retail sales increase
General merchandise retailer Target revealed that US retail sales rose 3.4% to $16.6bn (£10.43bn) for the third quarter ended October 27.The increase was attributed to a 2.9% lift in like-for-likes as well as the contribution from new stores. Like-for-like increases were driven by a strong back-to-school season, gains in food ...
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Target to offer price-matching in bid to compete with online retailers
General merchandise retailer Target will offer price-matching during the holiday season to compete with online retailers.The initiative will run from November 1 to December 16 and will include Amazon.com, Walmart.com, Bestbuy.com, Toysrus.com and Babiesrus.com.
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NewsPaperchase teams up with US retailer Target
Upmarket card and stationery retailer Paperchase will have a US presence again after entering a partnership with American retailer Target to sell its products.
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Target reports second-quarter sales increase
Target’s second-quarter sales rose 3.5% to $16.5bn (£10.51bn). Like-for-like sales were up 3.1% on top of a 3.9% gain a year ago. Net earnings remained flat at $704m (£448.6m).During the quarter, Target added eight new stores, including its first three CityTarget stores. The retailer’s REDcard loyalty scheme penetration reached 12.8% ...
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AnalysisInternational analysis: Best Buy and Target venture signals full merger potential
In what could be seen as a step towards to a potential merger, mass merchant Target has partnered with Best Buy for its consumer electronics expertise.
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Target and Neiman Marcus to co-launch special designer collection
Discounter Target and department store group Neiman Marcus are to co-launch a special collection featuring more than 50 products from 24 designers this winter.These will be created by designers including Carolina Herrera, Marc Jacobs, Oscar de la Renta and Diane von Furstenberg. The Target + Neiman Marcus Holiday Collection will ...
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Target receives government approval to rebadge Zellers
US general merchandise retailer Target has received final federal government approval to rebadge Zellers stores to its fascias. However, it must sell and promote Canadian ‘cultural products’ including magazines, books, music and DVDs in the shops.Target must also invest US$3.5bn (£2.2bn) in its Canadian stores, including hiring 25,000 staff by ...
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Department store group Target to move away from budget image
Department store group Target intends to move away from its budget image to attract younger shoppers. Managing director Dene Rogers wants Target to fill the gap between department stores David Jones and Myer and budget chains. Rogers said Target intends to increase its focus on children and teenagers’ clothing. Part ...
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Target reveals net earnings increase
Mass merchandiser Target revealed that net earnings for the first quarter of 2012 rose 11.5% to $697m (£441.5m) year on year. Sales increased 6.1% from $15.6bn (£9.88bn) to $16.5bn (£10.45bn) due to a 5.3% rise in like-for-like sales and the contribution from new stores. EBIT was $1.12bn (£709.4m), an uplift ...
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AnalysisTarget’s Kindle decision reflects Amazon threat
It emerged last week that US-based retailer Target is to stop selling Amazon’s Kindle e-readers and tablet PCs in recognition of the growing competition from the ecommerce retailer.
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Target remodels 90 stores to include fresh food
Target has begun remodelling 90 stores across the US and aims to complete the programmed by the end of June.The remodels are the second of three phases this year, which include the addition of fresh food to its general merchandise stores.Almost 1,000 Target stores offer an expanded food layout at ...
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Target's Canadian plans under government review
General merchandise retailer Target’s plan to enter Canada is being reviewed by the government to decide if books and other cultural ranges have enough Canadian content.Target spokeswoman Lisa Gibson said that this analysis will concentrate on books, DVDs, music and magazines as the government is committed to making sure investments ...