Target Corporation

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

Spotlight on...Target's Canada debacle

Just days after the closure of its remaining Canadian stores, just-style explores how empty shelves, mismanagement and over-hype combined to...

Transparency mixed in Uzbek cotton supply chain

Transparency among apparel brands and retailers appears to be mixed when it comes to sourcing cotton from Uzbekistan. New research has revea...

Bangladesh: The road ahead on remediation

Leonie Barrie | 19 Dec 2014

As safety improvements at Bangladesh garment factories move from inspections to remediation, stakeholders warn the hard work is just beginning. Access to low-cost finance is one of the main challenges facing firms going forward, but so too is a shift in mindset - with a greater focus on worker training seen as key to creating lasting change.

Bangladesh falls deeper as US apparel imports grow

Katie Smith | 10 Dec 2014

As retailers made one last push to stock up on holiday merchandise amid fears of possible disruption due to the ongoing dockworkers dispute at major West Coast container ports, US apparel imports continued to grow in October. Three of the top-ten supplier countries - Vietnam, Honduras and India - saw strong double-digit growth, but Bangladesh tumbled for the eighth month in a row.

New scenarios driving sustainability in textiles

Debra Cobb | 17 Nov 2014

Driving meaningful change towards sustainability in textiles within organisations, within the industry, and with consumers topped the agenda at last week's Textile Exchange Conference.

Alliance and Accord urged to harmonise efforts

Leonie Barrie | 19 Sep 2014

A review of the work carried out so far by the Alliance for Bangladesh Worker Safety says the group has made "significant and laudable progress" over the past 12 months - but pulls no punches when it comes to the many challenges that still lie ahead.

Latest News

US Q3 in brief: Burlington Stores, Guess, Chico's

Michelle Russell and Katie Smith | 25 Nov 2015

In the most recent third-quarter filings from US apparel brands and retailers, Abercrombie & Fitch recorded higher earnings thanks to less discounting, while Foot Locker revealed a mixed quarter, and Destination XL narrowed losses. Also, Kate Spade & Co returned to profit, while L Brands, Ross Stores, and Perry Ellis lifted their full-year guidance. Guess revealed declining earnings as a result of the stronger US dollar, while Dollar Tree's earnings fell on acquisition costs, and DSW recorded "disappointing" figures.

US Q2 in brief: Finish Line, Zumiez, Cherokee

Michelle Russell and Katie Smith | 25 Sep 2015

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 

Target promotes CFO to new COO role

Katie Smith | 18 Aug 2015

General merchandise retailer Target Corp has promoted John Mulligan to the newly created role of executive vice president and COO, overseeing stores, supply chain and properties.

JC Penney taps supply chain and omni-channel heads

Katie Smith | 4 Aug 2015

US department store retailer JC Penney has appointed a new executive vice president of omni-channel and senior vice president of supply chain to help propel its omni-channel growth strategy.

Target ups guidance on "pleasing" Q1

Michelle Russell | 20 May 2015

US retail giant Target Corp has upped its full-year earnings guidance after revealing better than expected comparable sales and earnings in its first-quarter.

Target Canada to close stores by 12 April

Michelle Russell | 2 Apr 2015

Target Canada says it will close the last of its 133 stores to the public by 12 April as part of its inventory liquidation efforts.

Target to axe thousands of jobs in restructure

Katie Smith | 4 Mar 2015

Target Corp is to axe some 1,700 jobs over the next two years as it looks to save US$2bn in costs, and focus on key initiatives it believes will put the US retailer “on a clear path to growth”.

Canadian exit triggers Target Q4 loss

Richard Woodard | 26 Feb 2015

Retail giant Target Corp slipped to a huge fourth-quarter loss, thanks to mammoth charges of over US$5.1bn linked to its exit from the Canadian market.

Data security and innovation top CIO priorities

Michelle Russell | 20 Feb 2015

Data security and omni-channel initiatives are top retail priorities for chief information officers, data shows, in light of recent high-profile data breaches and the growing need to deliver a differentiated customer experience.

Target names Tesco tech exec McNamara as CIO

Michelle Russell | 4 Feb 2015

Global technology and innovation executive Mike McNamara has left Tesco to join retail giant Target Corp as chief information officer.

Target to expand TargetExpress in 2015

Richard Woodard | 3 Feb 2015

Retail giant Target Corp is to open 15 new stores in the US during 2015, including eight new-style TargetExpress outlets.

Target's Canada exit seen as "a positive"

Leonie Barrie | 19 Jan 2015

The decision by US-based retailer Target Corporation to shut down its Canadian stores has been welcomed by an analyst who says the "exit is a positive."

Target Canada closure unlikely to affect Cherokee

Michelle Russell | 16 Jan 2015

Cherokee Global Brands says Target's decision to discontinue its operations in Canada will not have a material affect on its financial results.

Target to discontinue Canadian operations

Michelle Russell | 15 Jan 2015

Target Corporation said it plans to discontinue its Canada operations through its indirect subsidiary, Target Canada Co, which employs around 17,600 staff across 133 stores.

Chemical management initiative launched

Michelle Russell | 9 Dec 2014

A group of corporate and NGO leaders have joined forces to launch a tool designed to assess leadership in corporate chemicals management.

Target Corp pleased with Q3 performance

Michelle Russell | 19 Nov 2014

US retailer Target Corp has said it is pleased with its third-quarter results after booking an increase in earnings and sales.

Operating costs driving US retailers into the red

Katie Smith | 21 Aug 2014

Accelerated selling, general and administrative (SG&A) spending is driving retailers into the red, one analyst has said, and could become a key theme over the near term.

Target Corp sees "early signs of progress" in Q2

Michelle Russell | 20 Aug 2014

US retailer Target Corp said it is seeing some early signs of progress, despite second-quarter results having not met its expectations.

Safety pacts "not part" of Ralph Lauren strategy

Katie Smith | 11 Aug 2014

Luxury apparel giant Ralph Lauren Corporation has said becoming a member of one of two groups working to improve safety and working conditions in Bangladesh's textile industry is "not part" of its strategy.

Target lowers Q2 guidance on data breach charges

Michelle Russell | 5 Aug 2014

US retailer Target Corp has lowered its second-quarter earnings guidance due to charges related to its data breach.

New Target CEO Cornell "a good choice"

Katie Smith | 31 Jul 2014

US retailer Target Corp has tapped PepsiCo executive Brian Cornell as its new chairman and CEO, with one analyst applauding the move as "a good choice".

Cotton Leads programme attracts 200 partners

Richard Woodard | 24 Jul 2014

The Cotton Leads responsible growing programme has attracted more than 200 partners across the global cotton supply chain since it was launched in October last year.

Target eyes digital acceleration with senior hires

Michelle Russell | 8 Jul 2014

US retailer Target Corp has made three senior executive appointments as it looks to accelerate its digital transformation.

Target "reduces" Cambodia garment sourcing

Michelle Russell | 27 Jun 2014

US retailer Target Corp is another apparel manufacturer to have reportedly reduced its sourcing from Cambodian garment factories in response to industry turmoil in the country.

Latest blogs

Vietnam leads surge in US apparel imports

Leonie Barrie | 12 May 2014

China and Vietnam led a surge in US apparel imports in March as retailers emerged from the annual post-holiday slowdown and started stocking up for the spring and summer seasons.

Company research

Target Corporation: Holiday strategy 2013

Target Corporation: Holiday strategy 2013

The US holiday season, typically defined as the period between Thanksgiving and Christmas day, is a key period for retailers, and brings new challenges on a yearly basis. This case study analyzes Targ...

Read more >

Sustainable Textiles for Apparel: Fact, Fiction and Future Prospects

Sustainable Textiles for Apparel: Fact, Fiction and Future P

"If indigo was invented today, we would never approve it.” Andrew Olah, founder of the Kingpins denim show, and of Olah Inc., a textile marketing, development, and sales agency in the US. Comments...

Read more >

Clothing and Footwear Retailing in Americas, 2014-2019; Market Dynamics, Retail Trends and Competitive Landscape

Clothing and Footwear Retailing in Americas, 2014-2019; Mark

The “Clothing and Footwear Retailing in Americas, 2014-2019” report, published by Conlumino, provides an analysis of current and forecast retail sales in clothing & footwear category across different...

Read more >

just-style homepage

Forgot your password?