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- Target bounces back in Q2 (DSN AM, Retail News, Target, NCPA - Frontend, Financial News, Latest News, Top Retailers)Wed, 08/16/2017 - 12:08pmSales rose 1.6% to $16.43 billion in the quarter ended July 29, beating analysts' estimates of $16.30 billion. Same-store sales rose 1.3%, also more than analysts had expected. Comparable digital sales surged 32%.
Target is bringing on talent from Walmart and General Mills to accelerate its food and beverage strategy.
Upon the close of the deal, Rob Howard, Grand Junction’s founder and CEO, will become a VP technology at Target.
If Walmart were to acquire Birchbox, it would be the chain's fifth e-commerce acquisition since last August.
Shopping for groceries online has a long way to go before it catches on with the vast majority of U.S. consumers, according to new data from Gallup.
Kevin Turner brings decades of retail and technology experience to his new role with Albertsons, including roles at Walmart and Microsoft.