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Target's in-store sales over the holidays jumped 17% higher than 2019, despite the pandemic. Online sales were up 102%.January 13, 2021 at 8:48 AM Target sales rose 17.2% over the holidays compared to the previous year.
AP
Target announced Wednesday that same-store sales rose 17% over the holiday season compared to the previous year, despite the pandemic.
Store traffic increased 4.3% in the November-December period compared to 2019, the retailer said.
Home goods were the most popular, followed by electronics, food and beverage, beauty and essentials, and apparel.
Online sales more than doubled compared the previous year.
Visit Busine...Tags: Business, Shopping, Minneapolis, US, Sales, Trends, E-commerce, Online Shopping, Retail, Earnings, Target, Holiday Season, Brian Cornell, Target Corporation, Tech Insider, Kate Duffy Reuters 150 people like this. Like Target's sales over the holidays jumped 17% higher than 2019, despite the pandemic. Online sales were up 102%.January 13, 2021 at 8:48 AM Target sales rose 17.2% over the holidays compared to the previous year.
AP
Target announced Wednesday that same-store sales rose 17% over the holiday season compared to the previous year, despite the pandemic.
Traffic increased 4.3% in the November-December period compared to 2019, the retailer said.
Home goods were the most popular, followed by electronics, food and beverage, beauty and essentials, and apparel.
Online sales more than doubled compared the previous year.
Visit Business Ins...Tags: Business, Shopping, Minneapolis, US, Sales, Trends, E-commerce, Online Shopping, Retail, Earnings, Target, Holiday Season, Brian Cornell, Target Corporation, Tech Insider, Kate Duffy Reuters 86 people like this. Like Walmart, Target and Other Big-Box Retailers See Profits Surge During PandemicAugust 19, 2020 at 7:22 PM Walmart and Target reported record sales in the second quarter, driven by the convenience of one-stop shopping and their e-commerce operations.Tags: News, Walmart, E-commerce, Home Depot Inc, Target Corporation, Walmart Stores Inc, Lowe's Companies Inc, Home Repairs and Improvements, Shopping and Retail, Coronavirus (2019-nCoV 45 people like this. Like NAR Promotes Andréa Moore to Vice President of Diversity and Inclusion and Talent OpportunityAugust 12, 2020 at 8:00 AM Washington, D.C. – August 12, 2020 (nar.realtor) The National Association of Realtors® announced the promotion of Andréa Moore to vice president of Diversity, Inclusion and Talent Opportunity. Moore will be responsible for NAR’s:
internal diversity and inclusion strategy;recruitment strategy and processes and creating opportunities for internal staff; andWashington, D.C. office’s Talent Development operations.
“Diversity, equity and inclusion are core values of NAR and Andréa’s pro...Tags: Real Estate, News, Washington, America, Radio, Board, National Council For Behavioral Health, Andrea, Moore, NAR, National Association of Realtors, Target Corporation, Real Estate News, The National Association of Realtors, SHRM, Hyatt Corporation How to Sell Books in 2020: Put Them Near the Toilet PaperJuly 23, 2020 at 12:46 AM Book sales jumped this spring at big-box stores, which stayed open and stocked essentials while other shops closed.Tags: News, Target Corporation, Walmart Stores Inc, Meijer Inc, Books and Literature, Shopping and Retail, Supermarkets and Grocery Stores, Costco Wholesale Corporation, Book Trade and Publishing, Shutdowns (Institutional, Rite Aid Corporation, Coronavirus (2019-nCoV 24 people like this. Like Redskins to Drop Name, Yielding to Pressure From Sponsors and ActivistsJuly 13, 2020 at 4:57 PM The N.F.L. team in Washington announced the move on Monday and will continue its search for a new name and logo.Tags: News, Washington, Football, Washington Redskins, Mascots, Names, Marshall, PepsiCo Inc, Snyder, FedEx Corporation, Nike Inc, Target Corporation, Walmart Stores Inc, Organizational, Daniel M, George Preston 29 people like this. Like Washington Redskins to Drop NameJuly 13, 2020 at 9:35 AM The N.F.L. team in Washington announced the move on Monday and will continue its search for a new name and logo.Tags: News, Washington, Football, Washington Redskins, Mascots, Names, Marshall, PepsiCo Inc, Snyder, FedEx Corporation, Nike Inc, Target Corporation, Walmart Stores Inc, Organizational, Daniel M, George Preston 37 people like this. Like Target, Don’t Tell Me You ‘Stand With Black Families’June 12, 2020 at 2:37 PM My autistic son tried to hug an employee. Did you really need a police officer on the scene?Tags: News, Black People, Target Corporation, George Floyd Protests (2020 12 people like this. Like Retailers, Battered by Coronavirus, Now Confront ProtestersJune 1, 2020 at 5:07 PM Even as major chains boarded up stores and halted operations, they largely sought to convey empathy for demonstrators and did not condemn the damage to their businesses.Tags: News, Target Corporation, Walmart Stores Inc, Shopping and Retail, Coronavirus (2019-nCoV, George Floyd Protests (2020 6 people like this. Like We cannot reform ourselves out of the times we are inJune 1, 2020 at 11:09 AM To end racism, we will have to change the structures from which it draws its mandate, and get rid of liberal and right-wing politicians who give it oxygen while we are being asphyxiated
The post We cannot reform ourselves out of the times we are in appeared first on The Mail & Guardian.Tags: Opinion, Elizabeth Warren, Barack Obama, Joe Biden, Racism, United States, Karl Marx, Police Brutality, Black Lives Matter, Bernie Sanders, James Baldwin, White Supremacy, Target Corporation, Top Six, Anti Black Racism, Ahmaud Arbery 142 people like this. Like Corporate Voices Get Behind ‘Black Lives Matter’ CauseMay 31, 2020 at 4:52 PM Major companies are often wary of conflict, especially in a polarized time. But some are now taking a stand on racial injustice and police violence.Tags: News, Social Media, Corporate Social Responsibility, Police Brutality, Discrimination, Jackie, Colin, Citigroup Inc, Floyd, Netflix Inc, adidas AG, Kaepernick, Nike Inc, AINA, Target Corporation, Nordstrom Inc 17 people like this. Like Target Temporarily Closing or Shortening Hours at 200 StoresMay 31, 2020 at 3:16 PM The company said it acted to ensure employees’ safety. A store in Minneapolis, where Target is based, was badly damaged and looted last week.Tags: News, Minneapolis, Police Brutality, Demonstrations, Floyd, Minn, Target Corporation, Shopping and Retail, Protests and Riots, Misconduct and Shootings, Shutdowns (Institutional, Minneapolis (Minn, Police Department (Minneapolis, George (d 2020 27 people like this. Like Amazon Angles to Grab Back CustomersMay 22, 2020 at 10:29 AM After losing some online shoppers to rivals during the pandemic, the retail giant is turning back to faster shipping times and big sales.Tags: News, E-commerce, Target Corporation, Walmart Stores Inc, Computers and the Internet, Amazon.com Inc, Delivery Services, Workplace Hazards and Violations, Coronavirus (2019-nCoV, Amazon Angles 31 people like this. Like Reopening Prompts New Agitation Over Workers’ Virus ExposureMay 12, 2020 at 5:00 AM As business restrictions are lifted, employees have moved from advocating workplace safeguards to making sure the measures aren’t removed too soon.Tags: News, Instacart, Strikes, FedEx Corporation, Whole Foods Market Inc, Target Corporation, United Food and Commercial Workers Union, Starbucks Corporation, Organized Labor, Shopping and Retail, Amazon.com Inc, Costco Wholesale Corporation, Labor and Jobs, Shutdowns (Institutional, Workplace Hazards and Violations, Protective Clothing and Gear 40 people like this. Like Protecting Workers From Coronavirus: OSHA Leaves It to EmployersApril 22, 2020 at 11:39 AM Critics say the federal agency charged with protecting worker safety has played a conspicuously small role during the pandemic.Tags: News, OSHA, Occupational Safety and Health Administration, Target Corporation, Workplace Environment, Regulation and Deregulation of Industry, Supermarkets and Grocery Stores, Labor and Jobs, Labor Department (US, Workplace Hazards and Violations, Coronavirus (2019-nCoV 32 people like this. Like Home Depot Halts Sales of N95 Masks Amid Shortage, Company SaysApril 2, 2020 at 12:47 AM The retailer said it had redirected shipments of the masks to health care providers and emergency responders.Tags: News, Masks, United States, Trump, Medical Devices, Home Depot Inc, Target Corporation, 3M Company, Lowe's Companies Inc, Shopping and Retail, Donald J, Amazon.com Inc, Protective Clothing and Gear, Stockpiling, Coronavirus (2019-nCoV 2 people like this. Like Target Apologizes for Selling N95 Masks in SeattleMarch 22, 2020 at 11:58 AM The company said the masks were offered for sale “in error” at some stores in Washington State, which has been a hot spot for the coronavirus pandemic.Tags: News, Masks, Washington State, Seattle, Jay, Shortages, Inslee, Target Corporation, Seattle (Wash, Stockpiling, Coronavirus (2019-nCoV 6 people like this. Like Stocks Surge After Trump Promises Speedier Coronavirus TestingMarch 13, 2020 at 7:09 PM President Trump, surrounded by business leaders, said coronavirus tests would soon be more widely available. Investors pushed the market up nearly 10 percent.Tags: News, United States, Epidemics, Nancy, Consumer Behavior, Trump, Google Inc, Pelosi, Target Corporation, Walmart Stores Inc, Stocks and Bonds, United States Economy, United States Politics and Government, Donald J, Standard & Poor's 500-Stock Index, Consumer Confidence (Economic Indicator 13 people like this. Like Target Private Brands Push Strong Q1 ResultsMay 29, 2019 at 7:47 PM Last week Target announced its first quarter 2019 performance, including first quarter comparable sales growth of 4.8% driven by a 4.3% increase in comparable traffic.
“Target had an outstanding first quarter, as our team delivered a great experience for our guests and drove strong growth in traffic, comparable sales, operating income and earnings per share,” said Brian Cornell, Chairman and CEO of Target Corporation. “Over the last two years we have made important investments to build a durable...Tags: Featured, California, Brian, Target, Branding, Goodfellow, Target Corporation, Wally, Welly, Tritton, Mark Tritton, Goodfellow Co, Brian Cornell Chairman, Sun Squad 65 people like this. Like PE-backed Taymax recruits Boucher as COOApril 3, 2019 at 10:40 AM Taymax, a Planet Fitness franchisee, has named Brian Boucher as chief operating officer. Previously, he worked at Under Armour Inc where he most recently served as head of stores, North America and global retail operations. Taymax is backed by Trilantic North America.
PRESS RELEASE
SALEM, N.H.–(BUSINESS WIRE)–Taymax Group Holdings, LLC (“Taymax” or the “Company”), one of the largest Planet Fitness franchisees with more than 60 fitness clubs across North America, today announced the appointment o...Tags: Mexico, US, Trends, People, United States, Brian, North America, Ottawa, Company, Lowe, Tim, Boucher, Brian Boucher, Target Corporation, University of Southern Maine, St Jude Children 's Research Hospital 39 people like this. Like Grocery Private Brands Beat Retail GiantsFebruary 25, 2019 at 4:42 PM This guest post comes from Kelly Thompson Kell, North American Market Strategy Director for Trace One.
Although Amazon and Walmart have invested in private brands, grocery retailers’ brands continue to dominate food and beverage sales.
Amazon has 119 private brands yet they represent mostly non-food categories, as less than 2% of total products are grocery items. Since Amazon’s acquisition of Whole Foods in 2017, Amazon still strives to shed the “Whole Paycheck” reputation and struggles to achi...Tags: Amazon, Featured, America, Walmart, Aldi, Branding, Joe, Kroger, Kelly, Target Corporation, Simple Truth, Trace One, Retail giants, Kelly Thompson Kell, Nestle Kelly, Kelly Thompson Kell North 144 people like this. Like What Voice Shopping Means for Private BrandsFebruary 5, 2019 at 2:00 PM This guest post comes from Kelly Thompson Kell, North American Market Strategy Director for Trace One.
Grocery shoppers truly want to feel heard. That’s why more consumers are embracing smart speakers and voice assistant technology, specifically Amazon’s Alexa and Google Home, to shop from anywhere using only their voice. Voice shopping is growing so fast experts predict voice orders will soar from $2 billion in 2018 to $40 billion by 2022 in the U.S. alone.
Private brands managers need to pay a...Tags: Google, Amazon, Featured, Unilever, Guests, Alexa, Branding, Kelly, Target Corporation, Carrefour, Bain Co, Google Home, Kelly Thompson Kell, Nestle Kelly, Woodman's Market, Voice Shopping Means for Private Brands 109 people like this. Like Consumer Demand for Deeper Product DataJanuary 20, 2019 at 1:12 PM This guest post comes from Kelly Thompson Kell, North American Market Strategy Director for Trace One.
Increasingly savvy and informed consumers now demand more information from suppliers and retailers, including more detailed product data. Consumers want to know exactly what they’re buying and where it comes from because they want to feel good about the products and companies they support, including private brands.
A recent ECommerce Foundation study found 88% of consumers research product info...Tags: Featured, CSR, Branding, Kelly, Target Corporation, Carrefour, Trace One, Kelly Thompson Kell, Nestle Kelly, ECommerce Foundation 126 people like this. Like Techstars Announces “Certified by Techstars®” Pilot Program with METRO and TargetDecember 12, 2018 at 9:00 AM Techstars Announces “Certified by Techstars®” Pilot Program with Legacy Partners METRO and Target for 2018 International Retail Accelerator
Techstars , the worldwide network that helps entrepreneurs succeed, today announced the launch of a new pilot program, the METRO Target Retail Accelerator, Certified by Techstars, with long-term partners METRO AG and Target Corporation. METRO AG, a German-based wholesaler and food specialist, and Target Corporation, are both legacy partners of Techstars,...Tags: Startups, Announcements, TechStars, Accelerators, Target Corporation, Metro AG, Techstars Certified, Target Corporation METRO AG 121 people like this. Like Techstars Announces “Certified by Techstars®” Pilot Program with Legacy Partners METRO and Target for 2018 International Retail AcceleratorDecember 12, 2018 at 9:00 AM Techstars , the worldwide network that helps entrepreneurs succeed, today announced the launch of a new pilot program, the METRO Target Retail Accelerator, Certified by Techstars, with long-term partners METRO AG and Target Corporation. METRO AG, a German-based wholesaler and food specialist, and Target Corporation, are both legacy partners of Techstars, each having partnered with Techstars to deliver a series of retail-focused accelerators over the past three years.
The METRO Target Retail...Tags: Startups, Announcements, TechStars, Accelerators, Target Corporation, Metro AG, Techstars Certified, Target Corporation METRO AG 114 people like this. Like Plastic-Free Movement Takes on RetailDecember 11, 2018 at 4:00 PM This guest post comes from Kelly Thompson Kell, North American Market Strategy Director for Trace One.
Plastic can affect grocers’ profitability, as consumers and the media have grown more aware of – and concerned about – the sector’s reliance on plastic, its environmental harm, and health and safety risks. For instance, Greenpeace reports 12 million tons of plastic enter our oceans annually.
Grocers now see the business imperative to take this issue seriously. A recent survey found a third of ...Tags: Europe, UK, New York, Featured, Tesco, Guests, Greenpeace, Nielsen, Iceland, Branding, Kelly, Procter Gamble, Target Corporation, Trace One, Fairy Ocean Plastic, Ekoplaza 142 people like this. Like Re-Imagining from the top of the worldOctober 15, 2018 at 9:36 PM This week I am in Iceland as a featured presenter on 'Re-Imagine Boundaries' at the Icelandic Marketing Association (IMARK)’s big, annual gathering. IMARK is the professional association for individuals and organizations who are leading the practice, teaching, and development of marketing in Iceland.
Other featured speakers include Ruth Balbach, Creative Director at Target Corporation, and Martin Ringqvist, Creative Director and Senior Partner at the independent agency Forsman & Bodenfors.
More ...Tags: Marketing, Development, Teaching, Organizations, Innovation, Practice, Professional, Iceland, Target, Association, Target Corporation, Gabor George Burt, Icelandic Marketing Association, IMARK, Individuals, Martin Ringqvist 104 people like this. Like Hard Lessons (Thanks, Amazon) Breathe New Life Into Retail StoresSeptember 3, 2018 at 1:57 PM Sales are booming at major chains that have taken cues from their giant online rival — signs of a revival in a $3.5 trillion industry.Tags: News, E-commerce, Target Corporation, Nordstrom Inc, Walmart Stores Inc, Bankruptcies, Shopping and Retail, Amazon.com Inc, Tiffany & Company, Amazon Breathe New Life Into Retail Stores 49 people like this. Like Responsible Sourcing Creates Feel-Good Private BrandsJune 24, 2018 at 9:00 PM This guest post comes from Kelly Thompson Kell, North American Market Strategy Director for Trace One.
Conscious consumers are revamping grocery retail by demanding responsible products they can feel good about buying. In response, grocery retailers and consumer packaged goods (CPG) companies are considering ethics, labor, social and environmental factors when they procure products and raw materials.
Consumer demands have led to the National Bioengineered Food Disclosure Law, which will create a...Tags: UK, Featured, Germany, Guests, Rainforest Alliance, Branding, Kelly, Target Corporation, Aldi Sud, Global Food Safety Initiative GFSI, Kelly Thompson Kell, Nestle Kelly, National Bioengineered Food Disclosure Law 24 people like this. Like Do You Know Where Your Pride T-Shirt Was Made?June 19, 2018 at 6:40 PM Merchandise for L.G.B.T. celebrations is becoming big business for major retailers, but some products are made in countries where gay people are persecuted.Tags: News, China, India, Malaysia, Bangladesh, Philanthropy, Nonprofit Organizations, Target Corporation, Fashion and apparel, Shopping and Retail, Homosexuality and Bisexuality, H & M Hennes & Mauritz AB, Primark Corp 32 people like this. Like |