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Digital Startups Mark 10 Years in Business

3 days ago
1 min

Digital Startups Mark 10 Years in Business

National Retail Federation | February 24, 2021 2021 marks the 10th anniversary of brands such as Dollar Shave Club, Stitch Fix, HelloFresh, Chewy, Poshmark, The RealReal, The Honest Company and BHLDN. Ten years ago, “It was the beginning of the digital world,” says Marshal Cohen, chief industry advisor, retail, of The NPD Group. E-commerce in the fourth quarter of 2011 accounted for just 4.5 percent of total sales. Each business celebrating 10 years has made it by shifting an

These Food & Beverage Pros Are Bringing More Expertise to the Table

4 days ago
1 min

These Food & Beverage Pros Are Bringing More Expertise to the Table

A Bullseye View | February 23, 2021 Target's Food & Beverage teams work each day from stores to supply chain and headquarters to help families discover the everyday joy of food. Food & Beverage Coordinators (FBC) have the mission to champion food safety and processes to reduce food waste, train our teams, all while getting to know the unique needs of each community. Two FBC extraordinaires share their expertise and their favorite Target foods. Thomas Hill, Chicago Hill fell

Instacart is Moving Beyond the Grocery Store

4 days ago
1 min

Instacart is Moving Beyond the Grocery Store

CNN | Februrary 23, 2021 Instacart recently announced a partnership with Walgreens for same-day delivery on various products. Starting as a grocery delivery service, Instacart expands to delivering office supplies, sporting goods, makeup and other drug store essentials. Starting in Illinois, the partnership plans to expand to nearly 8,000 Walgreens stores. As online shopping shows no signs of stopping, both Instacart and Walgreens are looking for ways to reach new customers.

More Americans Looking to Move as Remote Work Gains Acceptance During Covid Pandemic

4 days ago
1 min

More Americans Looking to Move as Remote Work Gains Acceptance During Covid Pandemic

CNBC | February 22, 2021 Covid-19 has prompted more people to move this year due to the flexible work from home lifestyle, shared NPD Group. People are getting more comfortable with the flexibility to work from anywhere. They are realizing they could live in areas with lower cost of living or that are closer to family. Nearly 20% of people in the country are working from home full time as of December, NPD said. In addition, 20% more consumers are planning to move this year co

Target Supporting the Next Generation of Black Talent

5 days ago
1 min

Target Supporting the Next Generation of Black Talent

A Bullseye View | February 22, 2021 Target is partnering with historically Black colleges and universities (HBCUs) as an essential part to ensuring Black guests see themselves represented in products, stores and teams. From their focus on serving first-generation students to their important work helping bridge the academic achievement gap, HBCUs play a critical role in supporting and developing Black talent. Target’s inaugural HBCU Design Challenge, invited HBCU students to s

What Big-Box Retailers have to Gain from DTC Brands

5 days ago
2 min

What Big-Box Retailers have to Gain from DTC Brands

Retail Dive | February 22, 2021 Scattered among the product assortment at a Walmart or Target are an increasing number of direct-to-consumer brands. Although DTC brands are known to cut out the middleman, the online marketplace is flooded. Some brands turn to permanent shops in key markets, others opt for temporary pop up shops. What's working? Turning to key retail partners. "Having immediate access to the base of a retailer like Walmart [and] being able to have a store pres

These Winning Designs are Helping Target Reimagine the Plastic Bag

Feb 16
1 min

These Winning Designs are Helping Target Reimagine the Plastic Bag

A Bullseye View | February 16, 2021 Target continues to reduce it's footprint on the planet and works to create a better future for all. As a founding partner of the Consortium to Reinvent the Retail Bag, Target and other major retailers like CVS Health and Walmart selected nine cutting-edge potential designs for the retail bag of the future. Here's an inside look at several of the selected designs - Sway Sway’s design uses seaweed-derived material that is bio-based and desig

Target's New Leadership Changes

Feb 16
1 min

Target's New Leadership Changes

Adweek | February 16, 2021 Target announced a series of leadership changes, including 14-year company veteran Cara Sylvester as its new chief marketing and digital officer. Sylvester, who also assumes the title of executive vice president, has held a number of buyer roles at Target, most recently as senior vice president of merchandising for home. As CMO, Sylvester will be responsible for expanding Target’s loyalty program and in-house media company. Current chief marketing,

BarkBox Parent Revenues Grow 78% in Q3

Feb 16
1 min

BarkBox Parent Revenues Grow 78% in Q3

Retail Dive | February 16, 2021 Since the start of the pandemic, the pet sector has only grown in popularity as consumers turn to their pets in times of uncertainty. As this continues into 2021, Bark will be going public after striking a deal with Northern Star Acquisition Corp . and reporting on third quarter results. Year over year growth is seen at 78%, around $105 million. Subscription shipments in the period grew 47% from last year to 1.1 million, while new subscriptions

Barbie Honors Maya Angelou

Feb 12
1 min

Barbie Honors Maya Angelou

National Retail Federation | February 12, 2021 Mattel honored the celebrated Maya Angelou with her own Barbie doll as part of the collector's “Black Label” series. The Barbie doll is sculpted to Angelou’s likeness, featuring a copy of her 1969 autobiography, “I Know Why the Caged Bird Sings,” in her hands. As the first female and the first Black poet to speak at a presidential inauguration, a recipient of the Presidential Medal of Freedom and three Grammy Awards, and a nomin

Walmart+ Gains Traction 5 Months After Launch

Feb 12
1 min

Walmart+ Gains Traction 5 Months After Launch

Retail Dive | February 12, 2021 Walmart has been steadily building out its ecosystem throughout the pandemic, developing new revenue streams to drive sales and giving shoppers alternative fulfillment options. Five months after Walmart's membership program, Walmart+, was released, data indicates that it has captured between 7.4 million and 8.2 million members, signaling a promising start for a potential Amazon Prime rival. Customers spend an average of $1,000 at Walmart.com p

Free Assembly Spring Collection Lookbook

Feb 10
1 min

Free Assembly Spring Collection Lookbook

Walmart Corporate | February 10, 2021 Walmart announces their new Free Assembly spring collection. Free Assembly is a modern fashion brand featuring elevated style essentials for men and women, found exclusively at Walmart. The new spring collection, goes out of the box from their original value selvedge denim and organic cotton to add fresh new styles to mix, match and layer. Read the full article here #retail #walmart #lookbook #apparel

Target's All in Motion’s Success Credited to Target Guests

Feb 8
1 min

Target's All in Motion’s Success Credited to Target Guests

A Bullseye View | February 8, 2021 Target's, owned brand All in Motion became a billion-dollar brand in just one year since launching. As people started spending more time at home than ever before, activewear and loungewear became family go-to’s. The activewear brand gave an inclusive and sustainable solution just when comfort and value was (and still is) so important. “Our owned brands are truly a differentiator for Target, and in its first year, All in Motion stood out in t

The Company Helping Major Retailers Become Major Re-Sellers

Feb 4
1 min

The Company Helping Major Retailers Become Major Re-Sellers

National Retail Federation | February 4, 2021 Trove provides resale for leading global brands, including Levi’s, Patagonia and REI. Providing the technology for brands, Trove receives items back from customers, prepares, and re-sells them to the next owner. Andy Ruben, founder and CEO of Trove, gives insight to this model of "re-commerce." Re-commerce not only attracts consumers back to retailers, but saves consumers serious money and helps protect the environment. It’s a $32

3 Ways COVID-19 is Changing Valentine’s Day Plans this Year

Feb 3
1 min

3 Ways COVID-19 is Changing Valentine’s Day Plans this Year

National Retail Federation | February 3, 2021 As shoppers have adapted to pandemic lifestyles, consumers are changing how they spend on Valentine’s Day this year. According to NRF and Prosper Insights & Analytics, consumers plan to spend an average $165 on Valentine’s Day gifts and celebrations — $32 less than they budgeted last year. Despite this drop, it's still the second highest Valentine’s Day in terms of expected spending. Here are 3 ways consumers are celebrating diff

Feb 3
1 min

DTC Brand Native Launches Hair Care Line

Retail Dive | February 3, 2021 As with many DTC brands, Native is broadening its product selections. Expanding into new categories is a growing trend among e-commerce brands, as is partnering with big-box retailers to make products available in physical stores. Personal care brand Native announced their release of its first hair care line. The new collection became available exclusively at Target stores nationwide on Monday, including shampoo, conditioner and hair masks. In i

Target Is Winning the Pandemic Race

Feb 2
2 min

Target Is Winning the Pandemic Race

WWD | February 2, 2021 Target might have mastered the perfect pandemic formula. Products from fashion and food to home goods and essentials are available through brick-and-mortar stores, online shopping, personal shoppers, same-day delivery services and drive-up options. “Target is operating on all eight cylinders. And if they had more cylinders they’d be operating on those as well,” Craig Johnson, founder of Customer Growth Partners. “Yes, there’s a lot of competition in th

Amazon Earnings: Bezos Goes Out On a High

Feb 2
1 min

Amazon Earnings: Bezos Goes Out On a High

WWD | February 2, 2021 Amazon’s earnings announcement went over its largest quarter by revenue ever — $125 billion in sales — alongside the news that chief executive officer and founder Jeff Bezos will step away as CEO to become executive chair of the Amazon board in the third quarter of 2021. Judging by the numbers, he’s going out on a high note. With revenue that shot past the $100 billion revenue threshold, a first for the company, Amazon Inc. shattered expectations for t

How Target’s Celebrating Black History Month

Feb 1
1 min

How Target’s Celebrating Black History Month

A Bullseye View | February 1, 2021 Target’s celebrating Black voices, heritage and creativity with their Black History Month collection, including hundreds of items from Black designers and businesses. Not only this month, but the collection is part of Target’s Black Beyond Measure campaign, focused on celebrating Black life every day and Target's ongoing commitment to support and uplift the Black community. This year’s collection includes three designs from up-and-coming Bla

How Influencer Marketing Helps Brands Build Authenticity

Jan 29
1 min

How Influencer Marketing Helps Brands Build Authenticity

National Retail Federation | January 29, 2021 Lately consumers have been finding much needed stability, consistency and guidance from who they follow on social media. Influencers have been providing consumers direction — and savvy brands are making connections. Lauren Sherman, chief correspondent with Business of Fashion explores past lessons and future opportunities with Jennifer Powell, CEO and founder of talent agency Jennifer Powell Inc., and Jarno Vanhatapio, CEO of Swed