The first quarter of 2021 was marked by an “enthusiastic return to in-store shopping,” CEO says.
Target
But mandates will remain in place where prescribed by local ordinances.
The company aims to add products to shelves from more than 500 Black-owned companies.
The retailer’s headquarters will remain in downtown Minneapolis, and the company will still own and lease more than 3 million square feet of office space in the Twin Cities
Physical stores still playing an important role in the retailer’s strategy, execs say.
Only Minnesota location to be in Monticello.
Coronavirus concerns as well as the upcoming trial of Derek Chauvin make many downtown Minneapolis employers hesitant to set a return date.
But brick-and-mortar stores are still king, fulfilling 95 percent of all sales in November and December, regardless of where they originated.
Political action committee has given equally to Democrats and Republicans.
Hometown investments benefit more than 70 nonprofits.
The same-day delivery company hopes to have nearly 10,000 workers in Twin Cities.
Customers spent more and made more frequent trips during the quarter, CEO says.
Rare new, larger-scale store to go in former Sears space.
Target is planning for the future of work with a hybrid model that will allow for continued flexibility, even post pandemic.
Corporate Responsibility Report details retailer’s diversity, wages, and sustainability goals.
Over the next three years, the Minneapolis-based retailer plans to increase the number of Black employees by 20 percent.
After a lackluster first quarter, the retailer’s profits soar in the second quarter.
Colliers report: Small vacancy uptick as landlords and tenants tried to work out deals
The information technology training and learning center will be in North Minneapolis.
To avoid large gatherings, the retailer will begin offering holiday deals as soon as October.