Target: latest retail news, insights and analysis | ESM Magazine

Shoppers Expected To Spend $4.2tn Online In 2021: Report

Global shoppers are expected to spend 20% more online in 2021 than they did last year, according to an Adobe report, likely adding pressure to supply chain...

Costco Lifts Minimum Wage Above Amazon Or Target To $16 Per Hour

Costco Wholesale Corp is raising the minimum wage for its hourly staff to $16 from next week, a dollar more than what its competitors Amazon.com Inc and Ta...

Target Sales Soar As Same-Day Delivery Powers Online Demand

Target Corp blew past Wall Street expectations for quarterly same-store sales on Wednesday as more Americans used the big-box retailer's quick delivery ser...

Target Sees Margin Squeeze As It Spends More To Meet Coronavirus-Led Demand

Target Corp has said that rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-qu...

Target Withdraws Forecasts, Curbs Spending To Meet Virus-Related Demand

Target Corp has withdrawn its financial outlook and said it would scale back on planned investments to focus on meeting surging demand as Americans stock u...

Grocers Roll Out Plant-Based Burgers - At Prices Below Beyond Meat

Cashing in on rising demand for imitation meat, major retailers including Kroger and Walmart recently began to carry Beyond Meat's plant-based bu...

Big US Retailers Pull 22-Ounce J&J Baby Powder Off Shelves After Recall

Four major US retailers, including Walmart and Target Corp, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores,...

Amazon's Share Of CPG E-Commerce Falls As Rivals Make Gains: Nielsen

New data from Nielsen has found that Amazon's share of the overall CPG e-commerce market has fallen as rival operators make gains, however, the Seattle-bas...