WWD is honoring Target for its exceptional growth over the last few years.
World in Orlando, Fla. There are also a number of smaller format stores in college towns and urban centers around the country, new flow centers and store remodeling projects in the works.
“Our properties team has had a busy year as they ramp up our remodel program following last year’s temporary suspension,” Michael Fiddelke, executive vice president and chief financial officer of Target, said during August’s conference call. “In addition, they’re working to open new neighborhood stores, distribution centers and sortation centers across the country.
It’s also simply easier to go to one store for all your shopping needs. Which is why Target’s assortment of merchandise has also served as a growth driver. The mass merchant sells everything from food to essentials to electronics toto home goods, making it an attractive shopping option for consumers who want to consolidate trips. And once shoppers are in stores — whether online or in real life — it stands to reason that they’re more likely to buy more than originally planned.
But Target is also appealing to smaller brands. While landing in department stores was once the fastest route to generate excitement around a brand, many brands today are heading to Target instead to help them scale. The list includes
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WWD Honors: Miuccia Prada, John B. Fairchild Honor for Lifetime AchievementThe Italian designer speaks with WWD ahead of being recognized with the John B. Fairchild Honor, celebrating her enduring influence on fashion.
Read more »
WWD Honors: Women’s Designer of the Year Rick OwensWomen’s Designer of the Year Rick Owens produced some of the most spellbinding work of his career, parading it on a desolate stretch of the Lido beach in Venice.
Read more »
WWD Honors: Women’s Designer of the Year Rick OwensWomen’s Designer of the Year Rick Owens produced some of the most spellbinding work of his career, parading it on a desolate stretch of the Lido beach in Venice.
Read more »
WWD Honors: Miuccia Prada, John B. Fairchild Honor for Lifetime AchievementThe Italian designer speaks with WWD ahead of being recognized with the John B. Fairchild Honor, celebrating her enduring influence on fashion.
Read more »
Giorgio Armani on Dubai, Post-Pandemic Realities and Being a Voice in the DesertAt the Giorgio armani's One Night Only in Dubai, the Italian designer spoke with WWD about changes - major in the city and slow in the fashion industry.
Read more »