Target

Target Bans Resellers After Last Month's Lilly Pulitzer Incident
May 21, 2015 at 4:04 pm

A month after facing criticism over its handling of a designer collaboration, Target has apparently handed down a directive regarding resellers. It's the latest retailer to crack down on eBay and Amazon.com sellers who use retail stores to source inventory in what's known as retail arbitrage. On April 19, Target launched "Lilly Pulitzer for Target,"…

Target Profits Jump 52% as Turnaround Starts to Pay Off
May 20, 2015 at 5:35 pm

Despite an overall lackluster retail environment, Target Corp. reported a 52 percent increase in first-quarter profit, helped by operating improvements and an easy comparison to last year’s difficulties. The Minneapolis-based retailer beat analysts’ and its own expectations with a profit of $635 million in the quarter ended May 2, up from $418 million a year…

Lowe's Canada Acquires 13 Former Target Locations
May 12, 2015 at 4:43 pm

Home improvement retailer Lowe's has acquired the leases for 13 former Target locations in Canada, and plans to open up new stores that could employ as many as 2,000 people. The chain said it purchased the retail storefronts, as well as Target's former distribution hub in Milton, Ontario, for $151 million at an auction of the leases run by the court-appointed monitor overseeing the former retail chain's insolvency.

Mapping Your Marketplace Moves
May 4, 2015 at 2:00 am

Hear a study in short-term versus long-term marketplaces strategies and how one company has made it a driving force for their sales.

Target Responds to Angry Customers Over Lilly Pulitzer Frenzy
April 22, 2015

Target Corp. is responding to customers frustrated by their inability to buy items from the chain's Lilly Pulitzer collection. The limited-edition line went live in stores and online Sunday morning, with most of the items selling out within minutes. In a Q&A on Target's website, Chief Merchandising and Supply Chain Officer Kathee Tesija said that while Target's limited-edition designer collaborations often sell out, this one was unique "for how quickly our guests shopped and how much they purchased."

Target's Hasty Exit From Canada Leaves Anger Behind
April 21, 2015

Target's exodus from Canada has left gaping holes at some of the most prominent shopping centers across the country, the biggest symbol of an exceptional period of retailing turmoil. As Target Canada closed the last of its 133 stores this month — completing the parent company's hasty retreat from its first international expansion, a move that prompted a $4.5 billion write-down — many landlords were left holding properties whose fates are uncertain. They, along with many other creditors, argue that Target is abusing Canadian law at their expense as it leaves the country after less than two years.

Target's Website Struggles During Lilly Pulitzer Launch
April 20, 2015

Target was hoping for a smooth launch for one of its most highly anticipated designer collaborations in years. Instead, the discount retailer's website was overwhelmed in the early hours on Sunday as legions of fashionistas who had been up overnight tried to snap up Lilly Pulitzer's fashions, only to encounter delays in the colorful beachwear line's availability on Target.com and, in many cases, end up empty handed. The incident has raised questions as to why the retailer wasn't fully ready for the onslaught.