Good things happen in small boxes. That's what Walmart is counting on with the introduction of its latest store concept — Walmart To Go. First the supercenter, then Neighborhood Market, then WalmartExpress and now Walmart to Go. The boxes just keep getting smaller.
But what if Walmart is on to something? What if tomorrow's definition of convenience is ubiquity? Then it makes a lot of sense to start filling in the gaps between the supercenters with smaller formats.
Target is taking the online shopping experience and product placement to a whole new level by teaming up with the comedy series “Cougar Town” to place dozens of products in a new episode that viewers can then purchase online, according to a New York Times article.
La Roche-Posay and Vichy Laboratoires, two skin care brands from the L’Oréal Group, have announced that their skin care collections will be available as part of Target’s new premium skin care offering.
Target is celebrating on March 14 the official grand opening of its Toronto Stockyards store. This is its first from-the-ground-up build in Toronto, which marks a major milestone for the retailer as it continues its expansion across the country through 2014.
Navarro Discount Pharmacy is celebrating the two-year anniversary of its private-label brand Vida Mia, which targets Hispanics across a variety of categories with bilingual product packaging and ingredients in English and Spanish.
Target’s pre-Christmas database breach not only affected the retailer’s fourth-quarter same-store sales, but also contributed to plummeting shopper penetration post-holiday, according to a new report by Kantar Retail.
Target announced on Wednesday a decline in fourth-quarter sales and earnings; however, executives expressed optimism as they plan for the new fiscal year and work to restore consumer confidence following the data breach.
Walmart knew fourth quarter results and its outlook would be weak so it gave investors Thursday morning something more substantial to digest by announcing plans to double the number of small format stores it will open this year and an increased omnichannel focus.