TARGET

NEW YORK — Recognizing the importance of meeting the needs of its ethnic beauty shoppers, Target has in recent years been working to bolster its ethnic sets in-store, and that effort continues, as evidenced by a media event held here Tuesday evening.

The event was held at the Target Studio in New York and served as a showroom to highlight new and existing products, from such ethnic beauty brands as Kinky Curly, Mixed Chicks, Milani, Iman, Camille Rose and Shea Moisture. On hand to greet beauty editors was style expert Tai Beauchamp.

DALLAS — The Network of Executive Women has elected Catherine Lindner, former VP retail marketing for Walgreens, to serve as board chair.

Lindner was elected at the network's annual members meeting at the NEW Leadership Summit on Oct. 22 in Dallas. More than 1,000 industry executives attended the event.

Annie Zipfel, division VP customer marketing for retailer REI, was elected board vice chair. Zipfel most recently served as the network's chair of marketing and communications.

SAN FRANCISCO — Target has announced plans to open its second CityTarget store in San Francisco in October 2013. The company's first CityTarget in San Francisco opened nearly a week ago on Oct. 10.

The San Francisco West CityTarget will be 119,000 sq. ft. and located at the southwest corner of Geary and Masonic Streets.

MINNEAPOLIS — Target is enticing shoppers this holiday season with new initiatives, including price match, exclusive gift offerings and shoppable advertisements.

“Target’s holiday plans are built around an outstanding shopping experience, exclusive merchandise and competitive prices,” said Gregg Steinhafel, Target Chairman, president and CEO. “Our guests will be able to shop with confidence this holiday season knowing that we are intensely focused on providing them the right merchandise at the right price.”

CAMBRIDGE, Mass. — Target should be feeling confident about its upcoming entry into Canada, as a recent survey from Kantar Retail and TNS Canada revealed that 75% of Canadians are aware of the retailer.

Furthermore, 43% of Canadian consumers said that they were likely to shop at Target Canada for grocery or health and beauty aids and 50% were likely to shop at Target Canada for general merchandise or apparel.

WHAT IT MEANS AND WHY IT'S IMPORTANT — DSN noted that 2012 would be the year more big-box retailers committed to “going small” and, while we may hate to toot our own horn, we are going to do it anyway.

(THE NEWS: Supercenters rule, but small formats to accelerate for Walmart. For the full story, click here)

MINNEAPOLIS — Target has joined the Shopkick program, making it the largest retailer to reward its guests for using the app via their smartphones. Target guests nationwide can earn points for shopping at Target that can be redeemed for a variety of rewards.

NEW YORK — Walmart topped the list of retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.

The BrandZ Top 100 Most Valuable Global Brands study identifies and ranks the world's most valuable 100 brands by their dollar value, an analysis based on financial data combined with consumer measures of brand equity.