target

Retail Asia03/09/2019

Target US is launching its own in-house private-label food-and-beverage range, called Good & Gather. Described as “grounded in guest research”, the flagship brand is offering a range of food and beverage products focussed on taste, quality ingredients ease and value for money. Good & Gather will be available in stores and online on Target.com for […]

Retail Asia28/08/2019

In a move to differentiate itself from sister brand Kmart, department store Target will see an accelerated transformation to offer higher quality apparel, soft homewares and toys. This shift will reposition the department store to compete against more specialty and middle-market offerings, and could keep Kmart and Target from potentially cannibalising one another’s sales. As […]

Retail Asia03/07/2019

Wesfarmers says full-year earnings from its department stores could fall by as much as $103 million after sales at the struggling Target chain fell by 2.3 per cent so far in the second half. The Perth-based conglomerate, which reports its full-year results on August 27, says Target’s comparable sales for the five months to May […]

Retail Asia27/03/2019

Google’s proprietary digital wallet service has done a pretty good job of keeping up with Apple Pay over the last year or so in terms of both US availability and international expansions, frequently spreading its wings to new banks, as well as major retailers like Target. Before long, Google Pay will also catch up with […]

Retail Asia07/02/2019

The Malaysian Timber Council (MTC) remains optimistic that Malaysia will achieve its RM25 billion export target for wood-based products by 2020 despite a fragile global trade and economy caused by the US-China trade war. “We believe that the RM25 billion target is still achievable notwithstanding the potential headwinds that may come along the way, for […]

Retail Asia04/02/2019

The latest Amazon results are positive – but there is now a clear divergence in performance between the top and bottom lines. On the profit front, Amazon’s results are impressive. Net income increased by 63.1 per cent and operating income by 78 per cent. Much of this is coming from the AWS segment, where income […]

Retail Asia22/03/2018

Failing US president Donald Trump is facing widespread backlash from US retailers and brands over his intention to trigger a trade war with China and other nations. Just days after announcing tariffs on steel imports against the advice of officials, lawmakers and industry, Trump is now believed to be formulating sweeping tariffs on imported goods […]

Retail Asia29/11/2017

Fashion entrepreneur Victoria Beckham has raised £30 million (US$40 million) from growth equity firm Neo Investment Partners in exchange for a minority stake in her namesake luxury label. While the terms of the transaction have not been disclosed, market insiders say the deal values the business at £100 million. “As the business continues to grow, […]

Retail Asia17/11/2017

With both total and comparable sales in positive territory, the latest results from Target US are undoubtedly another step in the right direction. Unfortunately, the pace at which the company is moving is slow, as attested to by the modest 0.9 per cent increase in same-store sales. It has also cost the company a great […]

Retail Asia25/01/2017

Women’s fashion retailer BCBG Max Azria plans to close some of its stores to focus more on eCommerce, licensing and wholesaling. “BCBG has been negatively impacted by the growth in online sales and shifts in customer shopping patterns, and as a result has too large a physical retail footprint,” says PR company Sitrick & Co […]

Retail Asia10/12/2016

Target China is continuing to learn about the vast mainland market as it builds brand awareness in the region in preparation for a major push. Vincent Lau, GM China with Target Corporation, told the Omni-Channel Retailing Conference half-year seminar yesterday that China represented a steep learning curve for the US$73.8 billion US-headquartered value retail business. […]

Retail Asia14/11/2016

Alibaba Group says more than US$7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival. And more than $1 billion was transacted in the first five minutes – from 12 midnight. “Chinese […]

Retail Asia04/10/2016

After the Japanese apparel retailer decided to open its first shop in Canada, Uniqlo Canada COO Yasuhiro Hayashi visited Toronto every month for nearly a year. During each visit he would spend the week taking notes on what people were wearing. “I didn’t expect that everyone was so unique and multicultural,” says Hayashi, who previously […]

Retail Asia25/03/2016

The regional head of retail banking for Greater China and North Asia at Standard Chartered (2888), Mary Huen Wai-yi, said Hong Kong will be used as a hub to attract high net worth customers from the mainland to bring growth in retail banking income in the next three to five years. Huen told Sing Tao […]

Tag: target

Target launches food and beverage house brand Good & Gather in the US

Wesfarmers to reposition Target

Target sales sagging further for Wesfarmers

Google Pay is catching up with Apple Pay

RM25b export target for wood-based products achievable: Malaysian Council

Behind Amazon’s 63 per cent income rise

New USA tariff plan draws backlash from US retailers

Neo Investment to Fund $40 million for Victoria Beckham

Target US is recovering, slowly

BCBG Maxazria plans restructure

Target China learning fast as it gains momentum

US$1 billion in first five minutes of 11.11

Uniqlo Canada takes it slowly

StanChart targets China