The Global Market Development Center and its Educational Leadership Council on Wednesday released the "Seasonal Best Practices, for the New World of Shopping: Part Two" whitepaper, a comprehensive look at total-store business-building opportunities through nonfoods during the January to September merchandising seasons.
Target’s U.S. sales held up reasonably well in second-quarter 2014, but weak results in Canada and expense pressures prompted the company to reduce its full-year profit expectations a week after Brian Cornell became president and CEO.
A settlement in a Schnuck Markets security breach class-action lawsuit has been reached and a notification program is underway, as approved by the Circuit Court of the City of St. Louis, State of Missouri.
Target announced on Tuesday that its second-quarter financial results are expected to include gross expenses of $148 million, partially offset by a $38 million insurance receivable, related to the December 2013 data breach.
More than 1-in-4 Rite Aid locations now reflect the latest in healthcare retailing — the company's Wellness store format, the concept that serves as a cornerstone to Rite Aid's overall health-and-wellness solution, John Standley, Rite Aid chairman and CEO, told analysts Thursday morning.
Target is striving to win the hearts of Millennials with a string of new mobile and digital initiatives, which includes an overhaul of its wedding and baby registry business, according to a USA Today report.
While acknowledging that Target faced a series of setbacks in 2013 — including a data breach just before the holiday season — CFO John Mulligan, who is also serving as interim president and CEO, expressed optimism during its annual meeting of shareholders and said the company has the resources, talent and plan in place to move beyond its challenges.
Beauty company L'Oréal Paris has applied image recognition technology to target product ads based on the hair color identified in photos of faces for its Ombré campaign, which is now live on GumGum's in-image advertising platform.