Target Reaches $99M Settlement Over Canada Leases
November 25, 2015 at 12:16 pm

Target Corp. and RioCan Real Estate Investment Trust, one of the retailer's former landlords in Canada, have settled a dispute over the leases the retailer left behind when it scrapped its ill-fated international expansion. The Wall Street Journal reported on the $99 million deal, which covers 18 leases between Target and RioCan and its partners.

Target Leading on Black Friday Keywords in Paid Search
November 24, 2015 at 11:31 am

We’re taking a different approach and re-examining paid search activity on our Black Friday keyword group, consisting of 161 keyword terms containing the words "black friday." We saw spending on Black Friday keywords surge the week of Sept. 27, a full month earlier than in 2014, which underscores the increasing importance of this key shopping…

A Retailer’s Dilemma: Is it Worth Opening on Thanksgiving?
November 20, 2015 at 10:51 am

Americans have a conflicted relationship with holiday shopping. We love a good deal, yet we're mired in massive debt. We give lip service to the importance of spending quality time with our family for the holidays, but when stores open up on Thanksgiving, shoppers dutifully show up — or at the very least snag some deals…

Bruce Dayton, Target Co-Founder and Retail Tycoon, Dies at 97
November 16, 2015 at 9:50 am

Bruce Dayton, the last of five Dayton brothers in the legendary retailing family, died Friday at age 97 after a career that shaped the Twin Cities in a hundred ways, from fashion to philanthropy, shopping malls to state politics. In partnership with his brothers, Bruce Dayton expanded the Dayton Company from one department store in…

Target Criticized for Sweater That Makes Light of OCD
November 10, 2015 at 10:01 am

To the chagrin of some shoppers, a sweater that tried to capitalize on holiday cheer with a pun — OCD for "Obsessive Christmas Disorder" instead of "Obsessive Compulsive Disorder" — is still being sold online and in stores at Target. Miffed by what they're calling a lack of empathy for people who suffer from the disease,…

Target Announces 13 U.S. Store Closures
November 5, 2015 at 11:41 am

Target is closing the doors to 13 of its stores. On Wednesday, Target confirmed that the locations across the U.S. would be closing by Jan. 31, 2016. A Target spokesperson said "the decision to close a Target store is not made lightly." She added that before the company decides to make a closure, a store's…

For Wal-Mart, Target, Holidays Start Nov. 1
October 30, 2015 at 10:23 am

The holiday sales season kicks off this weekend, and Wal-Mart will be among the first out of the gate. Continuing the trend of launching holiday sales immediately after Halloween, on Sunday Wal-Mart will offer discounts on thousands of items, including toys and electronics. Wal-Mart is putting more emphasis on online deals during the holiday season, with about 15 percent more rollbacks on…

Retailer-Backed Mobile Wallet CurrentC Expands U.S. Customer Test
October 29, 2015 at 10:37 am

A retailer-backed mobile wallet that rivals Apple Pay has expanded its customer test to 200 stores at 12 large retailers in Ohio, its chief executive officer said on Wednesday. CurrentC has been developed by a consortium of retailers under the Merchant Customer Exchange (MCX), which includes Wal-Mart Stores Inc, Target Corp and Best Buy Co Inc. In…

Target Tests International Expansion Through Online Portals
October 28, 2015 at 11:21 am

It’s Target goes global — Take Two. After picking itself up from a disaster in Canada, the Minneapolis-based retailer is once again testing the international waters. Only this time, it’s not doing anything as risky or costly as building new stores. For now, Target is embarking on a much cheaper and faster expansion through online channels.…

Target Debuts Video Series to Showcase Halloween Merchandise
October 21, 2015 at 10:03 am

It’s always the problem with creative executions online — either you settle for using some reassuringly mainstream technology (aka boring), or you go out on a limb with something potentially dazzling and risk that some percentage of the audience won’t be able to see it. Target, with its “The House on Hallow Hill” Halloween social…