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Executives from Ecolab and Yahoo! were recently appointed to Target’s board; separately, the retailer said it has completed the $5.7 billion sale of its consumer credit card portfolio to TD Bank Group.
The company benefited from higher same-store sales and significantly narrowed its year-over-year loss.
In other partnership-related news, Target has tabled its boutique-within-a-store concept that debuted last year—and it is reportedly involved in testing a new same-day product delivery service that Google is exploring.
The restaurant chain, which entered Canada in 2011 and has plans for new locations in the Middle East and Puerto Rico, has now reached agreements with franchisees for a rollout in Mexico.
Senior Meeting and Recognition Planner, RBC Wealth Management
After two analysts upgraded Best Buy’s stock last month, two more have followed suit in March—and like the others, they credit the company’s new leadership team for what appear to be signs of a turnaround.
Upgrades include improving snowmaking in order to open Afton Alps earlier in the season and adding a better snow surface.
Entrants must present their vision for a native mobile app, a mobile-enabled Web experience, or a mobile design that can be integrated into Target’s existing apps or mobile services.
The retailer’s first 24 Canadian stores will have soft openings this month—and Target plans to open 124 stores throughout the country in 2013.
A Star Tribune report, citing unnamed sources, indicated that founder Richard Schulze appears to be backing off a bid to acquire the company but is trying to regain his former position as chairman of the board.
Target Field Legends Club - Carew Atrium
June 06, 2013
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