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TARGET

  • Study: Target manages to attract top talent
    Target leads other retailers when it comes to reaching and attracting qualified talent. 
     
    The discounter ranked the highest (at No. 26) among Fortune 500 retailers for employment branding in a study by global talent solutions company WilsonHCG. Target was followed by Publix (No. 42), The Home Depot (No. 50), Walmart (No. 64), Nordstrom (No. 77) and Whole Foods Market (No. 115). No retailer cracked the top 10, which was led by Gen-eral Electric, Johnson & Johnson and AT&T.  
        

  • Walgreens, Rite Aid, Walmart and Target oppose Border Adjustment Tax

    WASHINGTON, D.C. — More than 100 retailers and trade associations, including Walgreens Boots Alliance, Rite Aid, Walmart and Target, have joined the Americans for Affordable Products coalition in an effort to stop the Border Adjustment Tax, otherwise known as BAT, which is a component of the U.S. House Republican tax reform proposal.

  • Target reportedly backs off innovation to focus on core business
    MINNEAPOLIS, Minn. — On the heels of a less than stellar holiday, Target is scaling back on some parts of its innovation agenda in order to concentrate on its core business.
      

  • Third annual New General Market Summit set for April
    Drug Store News and Mack Elevation will co-host the third annual New General Market Summit April 4 in Minneapolis. The exclusive thought-leadership platform will assemble several leading CPG organizations that passionately connect with today’s ever-changing, ever more diverse consumer. 
     

  • Target to introduce mobile payment service

    MINNEAPOLIS — Target will introduce its own mobile payment service in stores this year, a spokesperson confirmed on Tuesday. The spokesperson did not give additional details, including launch date, reported various media agencies.

  • Target names Gomez EVP and chief marketing officer

    MINNEAPOLIS — Target promoted Rick Gomez to EVP and chief marketing officer, effective Jan. 29.

    In this role, Gomez will be responsible for furthering Target’s brand positioning and leading the integration of all marketing programs. He will oversee marketing and media strategy, creative, marketing communications, guest research, loyalty, corporate communications and corporate social responsibility efforts.

  • Sale of pharmacy business impacts Target sales

    MINNEAPOLIS — Target’s sale of its pharmacy and clinic business in December 2015 to CVS Health impacted sales, with the company announcing Wednesday that November/December 2016 sales decreased 4.9% year over year.

    On a comparable basis, total sales declined by 1.3% year over year.

  • Multivitamins still provide plenty of opportunities via gummies, probiotics

    Overall, sales of multivitamins are relatively flat — 0.2% annual growth toward a $1.8 billion base. But according to the latest consumer survey from the Council for Responsible Nutrition, 3-in-4 adults use a multivitamin. So, have sales of multivitamins plateaued, or are there pockets of opportunity out there?

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