Tourism

Post-Holiday Discounts Help Boost Target’s Jan. Sales

Post-Holiday Discounts Help Boost Target’s Jan. Sales

However, same-store sales were strongest in the food and health and beauty categories, and company CEO Gregg Steinhafel said consumers are shopping “with discipline in the face of a slow economic recovery” and new pressures like payroll tax increases.
New Supervalu CEO Sam Duncan Starts Early

New Supervalu CEO Sam Duncan Starts Early

Struggling Supervalu, which recently struck a deal to sell several of its brands, said that its new CEO will start immediately rather than assuming his post after the close of the sale, as was previously planned.

Target Reveals Online-Only Brands, New Mobile Vendors

Shortly after adopting a year-round online price-match policy and reporting flat December sales at stores open for at least a year, Target is introducing six online-only brands; the retailer separately announced plans to cut ties with RadioShack and begin working with two new mobile phone partners.
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