Target
Sometimes staring into the future of retail can look a bit like a sci-fi movie. From Rebecca Minkoff's interactive mirrors and dressing rooms to ThinFilmโs new smart tags that monitor the freshness of produce to Cubifiyโs in-home 3-D printer that can print shoes on demand, retailers and technology companies are striving to deliver customer experiencesโฆ
Target is shutting down its wireless telecom service after offering it just two years, marking at least the second major business the retailer has exited in six months. Customers of Targetโs Brightspot pre-paid wireless service are being notified the service will be terminated by the beginning of next year. Consumers wonโt be able to activateโฆ
Target has been in the news a lot recently, and not always for the right reasons. First there was the massive data breach in December 2013, and more recently a website outage on the night of the much anticipated launch of the Lilly Pulitzer line at Target. It's not been all bad news, however. Target'sโฆ
Jason Goldberger, Target.com and mobile president, discusses the next phase of e-commerce and Target's big bet on supply chain infrastructure.
A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped because it failed to get enough support from the affected banks and credit unions. While the rejection sends the companies back to the drawing board, advocates for the financial institutions said theyโฆ
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,"โฆ
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 yearโs difficulties. The Minneapolis-based retailer beat analystsโ and its own expectations with a profit of $635 million in the quarter ended May 2, up from $418 million a yearโฆ
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.
A proposed $19 million settlement between MasterCard and Target over the retailerโs 2013 data breach can move forward.
Learn four ways online retailers can increase consumer trust and how that increased trust can lead to an increase in online sales.