Articles by tag: Target

Why Target Is Facing a $400 Million Profit Shortage

  The consumer is feeling stressed, strategists are saying, and retailers should be cognizant as to why. With the holiday season fast approaching, companies would do well to Read more

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Healthcare Cyberattacks
Healthcare Cyberattacks Grew in 2022
February 3, 2023

Concerning data from cybersecurity firm Check Point indicates an increase in cyberattacks on healthcare organizations by 74% in 2022 from the previous year. Healthcare is currently the third most attacked global industry (1,463 attacks per week) behind government/military (1,661 attacks per week) and education/research (2,314 attacks per week.) And in the United States, Healthcare […]

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CES 2023 crowd attendance
Top Trends at CES 2023 from Bosch, John Deere, and More
February 3, 2023

Top notch technology and top notch attendance secured CES 2023 its gold medal; to put it simply, this year’s CES was a huge success. The world’s largest and most prominent consumer electronics and technology exhibition, CES served its usual role as a testing ground for ground-breaking innovations across multiple verticals. From 5G to Web3, and […]

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ACA health plans
Insurance Companies Should Weight the Growth Potential With Risks When Considering Offering ACA Plans
February 3, 2023

The 2023 open enrollment for ACA health plans saw a 13% increase over 2022. Melanie Musson, an insurance expert with USInsuranceAgents.com, says, “Insurance providers have an opportunity to enter or expand in this growing market, but they should practice caution.” The 2023 Open Enrollment Period (OEP) for Affordable Care Act (ACA) Marketplace health insurance plans […]

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Why Target Is Facing a $400 Million Profit Shortage
November 28, 2022

The consumer is feeling stressed, strategists are saying, and retailers should be cognizant as to why. With the holiday season fast approaching, companies would do well to reform their strategy to fit expectations. These areas of stress? Customers have less cash on hand than last year, and, as Lisa Miller, President, Lisa W. Miller […]

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Organized Crime Targets Large Retail
November 22, 2022

Theft is always a concern for retailers. Particularly for stores like Target, which carries small but valuable products on open display shelves. While there has always been an understood amount of profit lost due to stolen or misplaced items, today’s retailers are dealing with something completely different. Organized crime, in the form of planned […]

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Target Was the Target of Retail Thieves in 2022, And It Cost The Company Millions
November 18, 2022

Target’s recent quarterly earnings were unfortunately lackluster all-around, missing quarterly expectations with a profit margin of 3.9%, lower than its 5.35% estimates. Consumers’ dwindling confidence and tightening pocketbooks are likely to blame for a slow down in revenue for the retail giant; chairman and CEO of Target blamed “meaningfully” lower sales and profit margins […]

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Are You Ready for the Retailer-as-Service Revolution?
April 9, 2021

Retail is exciting, fast-moving, and filled with opportunity, yet information overload is a constant challenge. Join retail strategist, speaker, and trainer Carol Spieckerman every other Thursday as she navigates past the noise to get to the heart of what really matters in retail. In every episode, Carol harnesses her latest retail trajectories and interviews with industry experts […]

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Target Pledges to Hire More Black Employees Over the Next Three Years
September 16, 2020

Target Corp recently pledged to increase diversity throughout their retail company, focusing on hiring and retaining black employees. Target’s publicly released data showed black employees made up 15% of their workforce last year, according to StarTribune. In the next 3 years, Target aims to increase that by 20%, with a special focus on presenting […]

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Target’s Business Model Proves More Profitable Than Its Competitors: Business Casual
August 26, 2020

With the pandemic drastically changing the landscape of retail, America’s largest chains have had to pivot on a dime. So who has emerged as the leader? Judging by profits alone, Target far outperformed its competitors. According to The Motley Fool, Target reported a 9.6% operating margin in the second quarter, compared to the respective 5.5% […]

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Walmart Dipping Same-Day Delivery Options: Business Casual
August 13, 2020

On this Business Casual segment, hosts Daniel Litwin and Tyler Kern explore how America’s biggest retail juggernaut, Walmart, is attempting to keep pace with the I-want-it-now world of modern retail. Powered by RedCircle Walmart and Instacart have teamed up to test same-day delivery services in Los Angeles, San Diego and Tulsa, Oklahoma, with positive results […]

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The Shortlist, August 23, 2019: Target is Delivering & Automation is Coming Finance
August 26, 2019

Target beat its target in its earnings report this week and that could signal good news for retailers nationwide. Largely driving this success is Shipt, the same-day-delivery company that Target acquired in late 2017. Here’s what Target COO John Mulligan said in the company’s Q2 earnings conference call this week: “Our same-day options are […]

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The Technology That Revitalized Physical Retail This Holiday Season
January 2, 2019

Brands Turn to Augmented and Virtual Reality to Attract More Shoppers During the Holiday Season Every consumer wants an experience. Having a product at a competitive price is not necessarily enough to lure shoppers, especially millennials, who are now the largest generation and digital natives. In fact, a Nielsen report on millennials concluded that more than 74 percent […]

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