Target to remodel general merchandise stores to include fresh food layout
MINNEAPOLIS — Target is set to complete remodels for more than 100 general merchandise stores later this month, the retailer said. The remodeled Target stores will dedicate approximately 10,000 sq. ft. to a vast array of fresh food choices, including a curated assortment of fresh produce, fresh packaged meat and pre-packaged baked goods, in addition to dry and frozen offerings.
Nearly 900 Target stores currently offer the expanded food layout. Target said that in addition to the 100-plus stores that will be overhauled this month, the retailer expects to remodel a total of 230 general merchandise Target stores to incorporate the expanded fresh food layout in 2012. A list of the stores that will receive the expanded grocery layout can be found here.
“Bringing fresh food to Target means our guests only have to make one stop to stock up on all of their essentials,” Target SVP grocery Annette Miller said. “This year, even more of our guests will experience the added convenience of one-stop shopping as we remodel hundreds of additional Target stores and bring our fresh food layout to markets across the country.”
In addition to the grocery aisles, most of the Target’s new and remodeled general merchandise stores also feature updates in other areas, including more visual beauty aisles; wider aisles and lower product displays in the home department; additional seating and mirrors in the shoe department and broader visibility between baby gear, supplies and apparel in the baby department.
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Energizer showcases new collections at International Home and Housewares Show
ST. LOUIS — Energizer said it will showcase its full home lighting portfolio and debut its newest home décor category, flameless wax candles, at the International Home and Housewares Show.
The company said it will present its Ambiana collection, a modern line of household lighting that includes accent lighting and a well-designed desk light; the Glas line, which includes flameless candles, a task light, an under-cabinet light and a path light; the Edge line, which includes LED lights and flameless candles and the newly-launched flameless wax candles.
“We have a history in lighting technology and a brand that consumers know and trust, so this category is a natural extension for us. Our vision is to give people the remarkable home lighting they want that fits their lifestyle,” says Anne Bannister, VP strategic ventures for Energizer. “We are looking forward to unveiling the full 2012 offering at the International Home and Housewares Show and to hearing reactions from buyers and media attendees.”
CVS Caremark’s board declares quarterly dividend
WOONSOCKET, R.I. — CVS Caremark’s board of directors has approved a quarterly dividend of 16.25 cents per share of common stock.
The dividend is payable May 3 to shareholders of record on April 23.
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