Wednesday, December 18, 2024
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Target Unveils 2023 Strategic Investments, Including the Opening of 20 New Stores

by Katie Lee

Minneapolis — Target Corporation plans to invest $4 billion to $5 billion this year to expand its guest-centric services, operations network of stores and supply chain facilities, digital experiences and other capabilities. The retailer also shared more about its plans to advance its enterprise efficiency efforts, aimed at optimizing its operations after years of rapid growth. Last but not least, Target will also open approximately 20 new stores this year, in a variety of store formats. “Investments in our shopping experience and frontline team have deepened our guests’ engagement with …

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Newsretailers

Target Triples the Number of Apple Shop-in-Shops

by Katie Lee

Minneapolis — Target Corporation is expanding its collaboration with Apple, more than tripling its Apple at Target locations, giving even more guests a one-stop-shop for Apple products and accessories just in time for the holidays. Apple at Target is now located in 150 stores. “For years, Target has been a destination for Apple products. Now we are excited to deepen our collaboration with Apple so even more guests can access the exceptional Apple at Target shop-in-shop experience. Through Target Circle, our popular free-to-join loyalty program, we’re also giving our guests …

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Newsretailers

Target to Open Mini Apple Stores in 17 Locations, Expand Online Offerings

by Katie Lee

Minneapolis — Target plans to open small-scale Apple shops inside 17 of its stores this spring, with additional locations scheduled to open this fall. The company will also expand its online Apple product offerings over the coming weeks. The new Apple in-store experience will offer a mix of products and accessories in a dedicated space designed for guests to see new products and view demonstrations by Target Tech Consultants, who will receive specialized training from Apple. Each shop will feature new lighting fixtures and displays for iPhone, iPad, Apple Watch, …

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Newsretailers

Target, Other Retailers Temporarily Close Stores Across Nation in Response to Violent Protests

by Katie Lee

Minneapolis — Minnesota-based discount retailer Target has temporarily closed six stores in four states in response to protests that turned violent over the weekend. The looting and destruction of commercial property took place in the days following the death of George Floyd, an unarmed black man who died May 25 following an encounter with Minneapolis police during which an officer knelt on his neck for several minutes. On Sunday, several other retailers, including CVS, Apple and Walmart also announced temporary closures or adjusted hours in major cities where rioting had …

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Newspeopleretailers

Target Hires New Senior Vice President

by Katie Lee

Minneapolis — Target Corporation has hired Ben Cook as senior vice president, global logistics, inventory allocation and replenishment. Cook will lead the optimization of Target’s inbound and outbound supply chain processes. He’ll also oversee inventory allocation and replenishment, merchandise planning operations and global logistics. He will report to Target’s executive vice president and chief supply chain and logistics officer, Arthur Valdez.

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