Target

  1. Shopper & Customer

Four Principles For Designing A Retail Space

Design is a key aspect of setting up a retail space, as the aesthetic appeal of a business can greatly improve its chances of success. This is because retail stores that are created with their customers and design trends in mind are typically inviting and interesting to look at, which encourages people to come in […]
2 min read
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  1. Partnerships & Alt Profit

Former MasterClass Talent Executive and Emmy Award-Winning Producer Launch SonderCo To Reinvent Talent and Brand Partnerships

LOS ANGELES, CA — Entertainment and talent executives have launched SonderCo, a new agency dedicated to innovating and deepening the way brands partner with talent, intellectual property, and other brands to create mutual long-term business value. Building on his experience helping make MasterClass a global brand through talent partnerships, Sean Akaks, former Head of Business […]
3 min read
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  1. Shopper & Customer

The 8 biggest party trends for 2024

Picture this: You’re invited to an event hosted by your male friends in their late twenties. It’s not a birthday party or engagement, or even New Years’. No – it’s a glitter-filled Eurovision party. Passing revelers dressed as ABBA and Conchita Wurst, you sip on non-alcoholic beer and cheers to good times. The winner’s announced, […]
7 min read
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  1. Data & Insights

Introducing the YipitData OER Index

Housing is consistently the heaviest-weighted component of the CPI framework, making comprehending its impact paramount. Using one of our 40 datasets, we’ve created an index to track owner’s equivalent rent (OER), one of the key reasons why core-CPI continues to surpass the Fed’s 2% target. This Index provides foresight into the future landscape of housing […]
< 1 min read
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  1. Trends & External Forces

NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]
2 min read
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  1. Data & Insights

Sears is a shell of its former self. So why is it reopening some stores?

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Sears and Kmart once dominated the retail landscape. When the companies merged in 2005, they had nearly 3,500 stores. For context, that’s more stores than Target, Macy’s and Lowe’s currentlyoperate. But years of business missteps have reduced the once mighty retailers to […]
5 min read
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  1. Trends & External Forces

Survey:  Economists Conclude That Recession Is Unlikely

The Associated Press reports that “most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under the weight of high interest rates.” The survey, conducted by the National Association for Business Economics, concluded that only 24 percent of respondents “said they see a recession […]
2 min read
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  1. Shopper & Customer

What Kinds of Shopping Experiences Will Shape the Future of Stores? DSI

“When we talk about omnichannel native, what we try to think about is a seamless path for the consumer. “ — Stewart Samuel, Director of Retail Futures, IGD The pandemic fundamentally changed how we shop, with many people becoming accustomed to online and omnichannel shopping. Rather than eradicate shoppers’ interest in physical stores, though, this […]
9 min read
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  1. Technology & Innovation

Your Views:  Even A Blind Man Knows

Got the following email regarding my conversation with ReposiTrak’s Randy Fields and Dr. Benjamin Miller, executive vice president of regulatory and scientific affairs of The Acheson Group (TAG): Thank you for presenting the discussion about the FDA’s new traceability requirements.  People in our industry are simply not aware of the impending, major disruption in logistics […]
8 min read
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  1. Partnerships & Alt Profit

Mozilla Developer Network Partners Exclusively with BuySellAds for Native Advertising Initiative

BOSTON, MA — BuySellAds, a leading digital advertising platform, has been selected as the exclusive partner for Mozilla Developer Network’s (MDN) native advertising program to handle sales and ad serving infrastructure. MDN, a renowned open-source documentation repository for developers, receives over 80 million monthly page views and has been a trusted web development resource since […]
2 min read
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  1. Data & Insights

3 ways retailers can leverage generative AI to stay ahead of the competition

Some phrases become so common that they bring thinking to a grinding halt. A new one poses a special risk to retailers, because it may prevent them from seizing opportunities to keep up with competitors. The phrase in question? “The AI revolution.” To be clear, artificial intelligence (AI) is transforming retail. But retailers need to […]
4 min read
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  1. Channel: Mass

These 5 people changed retail. Where are they now?

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Every now and then a leader within retail rises up and becomes the person to watch. They grab headlines. They make bold decisions. They shift the focus of retail — even if it’s only for a short period of time.  But then […]
5 min read
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  1. Channel: Mass

Target Q3 2023 Earnings Recap

Target reported its Q3 2023 financial results on November 15th. For the second consecutive quarter, Target reported negative comparable sales, experiencing a top-line decline of 4.9% compared to Q3 2022. Persistent economic challenges have forced the Guest to be more discerning in their spending. Factors such as inflation, high interest rates, and the resumption of […]
< 1 min read
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  1. Shopper & Customer

Optimizing your shopper marketing strategy with consumer insights

The best marketing in the world won’t move the needle if potential customers shy away at the last moment. One way to avoid this is shopper marketing, a group of tried and true techniques designed to make the last mile of the purchase journey so effortless that potential customers become actual customers. In this blog […]
8 min read
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  1. Channel: Mass

Target Puts Limits On Self-Checkout Usage

As a debate about the value and effectiveness of self-checkout continues to take place, The Street has a story about Target’s approach to the subject. During an earnings call, the story says, “the company … talked about a quiet change it has made in some stores that bucks what rivals Walmart and Kroger have been […]
2 min read
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  1. Holiday & Events

Parachute to host in-person holiday market with over 40 brands

​[[“value”:” This audio is auto-generated. Please let us know if you have feedback. Dive Brief: DTC bedding brand Parachute is hosting its first-ever outdoor holiday market event Dec. 2-3 in Culver City, California. The in-person marketplace will feature over 40 brands, including Avaline, ILIA, Nécessaire, Our Place, Brightland, Cuyana and Janessa Leone, per an email sent to […]
2 min read
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  1. Data & Insights

U.S. Brands: Consumer Category Trends

This article provides insight into recent consumer category trends based on sell-through data in August and September 2023, highlighting those that have sustained growth and others that are decelerating. Accelerations Non-discretionary categories such as food and pet supplies have seen a notable increase in wallet share gains. This can be attributed to changes in consumer […]
2 min read
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  1. Media & Marketing

The Small Seller’s Guide To Holiday Live Selling

The holidays have always been an opportune time for small business owners to attract new customers, but this year could prove especially fruitful for retailers with the right strategies, as the National Retail Federation predicts holiday spending will jump 3%-4% from last year.  While brick-and-mortar establishments are welcoming holiday shoppers with doorbuster deals and glittering […]
4 min read
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  1. Media & Marketing

Retail Media is Omni-Funnel: How to Master It

When you imagine retail media’s place in a marketing funnel, do your eyes look toward the bottom? If so, you may miss out on the full-funnel benefits of retail media networks (RMNs). As marketers, we’re already sold on the performance advantages of RMNs: enormous sets of first-party consumer data, precise attribution and analysis, a future […]
4 min read
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  1. Shopper & Customer

It Isn’t Just What People Spend.  It is How They Spend.

The Wall Street Journal has a story about how “consumers are shifting away from store credit cards as brand loyalty wanes and interest rates rise. “The cards, which typically can only be used at a particular chain, have been a lucrative source of revenue for retailers as merchandise sales have slowed. But the stream is […]
2 min read
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  1. Channel: Ecommerce & Digital

Meal and Menu Pricing Matters

  How much are you going to charge your customer next year?  Charge to much and you get your customer go somewhere else. Technology may help you determine who much to charge for any one item but at the end of the it is the total bill with tip that will stick in the mind of […]
5 min read
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  1. Data & Insights

Post-purchase Strategies to Turn One-Time Holiday Shoppers into Your Brand’s BFFs

Introduction Holiday shoppers don’t just mean the “I’m planning to spend (more than I usually do during the other months) for my holiday season needs by capitalizing on seasonal trends, special deals, and promotions” type.   It covers impulse buyers — who make unplanned purchases motivated by emotional triggers such as peer pressure or “FOMO” from […]
16 min read
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  1. Shopper & Customer

Winners and losers of Black Friday 2023

Inflation has been a persistent challenge for retailers this year by creating cautious consumers. For weeks ahead of Black Friday, retailers have been encouraging consumers to spend on what is typically considered the busiest and most important day of the year for the industry. “Retailers are seeing customers across the spectrum become more choiceful and […]
6 min read
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  1. Shopper & Customer

Shopper Decision Trees and Shelf Layout – Not as simple as you think!

I recently conducted a poll on LinkedIn asking how best to organize products on a shelf. The results were interesting, with the vast majority of respondents suggesting that the merchandising layout should follow the shopper decision tree. And at one level, that makes sense. But there are some significant issues with this approach. Shopper Decision […]
6 min read
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  1. Channel: Ecommerce & Digital

Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, […]
< 1 min read
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  1. Holiday & Events

Dick’s sales rise 3%, buoyed by strong back-to-school season

​[[“value”:” Dive Brief It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors. Published Nov. 22, 2023 External shot of a Dick’s Sporting Goods store. Net income fell about 12% in the quarter, to $201 million. Daphne Howland/Retail Dive […]
< 1 min read
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  1. Channel: Mass

Big Box, especially Target, feeling negative impact of student loan payment resumption

Non-student loan borrowers outspent borrowers who previously took advantage of the now-expired payment pause (i.e. the Covid-Suspended cohort) by 100bps at Target and most Big Box Retailers in October, according to Earnest transaction data. Importantly, this borrower underperformance grew 130bps at Target and 50bps among all Big Box retailers from the end of CY 3Q23 […]
< 1 min read
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  2. Channel: Mass
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  13. Stores & Formats

NRF Retracts Claim that Organized Retail Crime Accounted for ‘Nearly Half’ of Retail Shrink

The National Retail Federation (NRF) has updated a report that had attributed “nearly half” of 2021’s $94.5 billion in retail shrink to organized retail crime, saying the data point was part of two-year-old testimony to a U.S. Senate committee by Ben Dugan, former President of the Organized Retail Crime Resource Center. The NRF report was […]
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