A survey from global commercial real estate and investment management firm JLL reveals parents plan to spend 21.8% more on back-to-school shopping this year, signaling positive implications for retail sales and a successful shopping season. The survey of more than...
Target Corp. has struck a deal with Shopify to access a selection of its popular merchants and their products on the retailer’s third-party, curated digital marketplace. The new partnership will expand the Target Plus marketplace by providing a select assortment...
Target Corp. is putting a new generative AI tool called Store Companion into the hands of employees working in its nearly 2,000 retail locations. With the August rollout, Target will become the first major retailer to bring GenAI technology to its store staff across...
Among worldwide banners in a Kantar study of brand value, Amazon came in as the leading retailer, and The Home Depot beat out Walmart to complete the top three retailers. In the Kantar BrandZ Most Valuable Global Brands Report 2024, Costco and Lowe’s followed to fill...
Target first-quarter earnings declined year over year, disappointing Wall Street. However, the company’s chair and CEO, Brian Cornell, said that recent moves, including price cuts the company has been rolling out, position it for a return to growth. Net earnings were...
