1. Channel: Mass

Target Creates Low-Cost Brand, dealworthy

Written by Posted on Less than 0 min read

A new low-cost Target brand has been introduced, some with a price point of less than $1.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Media & Marketing

Musk polls Twitter on his fate as CEO and is voted down

Elon Musk, Twitter’s capricious CEO, launched a poll in his Twitter feed on Sunday asking, “Should I step down as head of Twitter? I will abide by the results of this poll.” As of this morning, after over 17.5 million votes, the poll is displaying “final results”: 57.5 percent – Yes; 42.5 percent – No. […]
< 1 min read
0
  1. Channel: Dollar/Value

Dollar General has increased prices faster than Walmart and Kroger

Dollar General has raised prices more quickly than rivals, including Aldi, Kroger and Walmart, as inflation has hit consumer packaged goods, according to Bank of America analysts Robert Ohmes and Kendall Toscano. View Original Article Economy Aldi Dollar General Kroger Walmart Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Technology & Innovation

New Apple Card savings account pays 4.15 percent interest

Apple is launching a savings account through Goldman Sacks that pays a 4.15 percent interest rate with doesn’t require a minimum deposit or balance. The tech giant said users could set up an Apple Card savings account from the Wallet app on their iPhones. Daily Cash rewards earned using the ApplreCard will be automatically deposited […]
< 1 min read
0
  1. Trends & External Forces

More people are working side gigs to make ends meet

The U.S. economy added 263,000 jobs in November, according to the Bureau of Labor Statistics. Around 165,000 of those went to people holding down more than one job. View Original Article Associates Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
  1. Shopper & Customer

Solo Brands Recognized as Innovative Leader in Consumer Goods

Solo Brands has secured a notable position on Fast Company’s list of the World’s Most Innovative Companies of 2024, ranking at No. 2 in the Consumer Goods category. View Original Article Consumers Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry […]
< 1 min read
0
  1. Associates & Employees

CPG profits increase as costs decrease

Consumer packaged goods companies have raised prices in recent years as energy, ingredient, labor and other costs have increased. The companies have held onto those increases as costs in many areas have decreased. View Original Article Associates Sustainability Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon To Invest $7.2 Bln in Israel, Launches AWS Cloud Region

Amazon.com has announced plans to invest approximately $7.2 billion in Israel by 2037 and has launched its Amazon Web Services (AWS) data centers in the country. The AWS cloud services will allow the Israeli government to run applications and store data locally, contributing to the country’s digital transformation in the public sector. With this expansion,… […]
< 1 min read
0
  1. Trends & External Forces

Ransomware attack behind Dole packaged salad shortage

A ransomware attack on Dole Food Company’s systems throughout North America appears to have resulted in a shortage of that company’s packaged salads. Grocery customers received a memo from Emanuel Lozopoulos, senior vice president of sales and marketing at Dole Fresh Vegetables, on Feb. 10. “Our plants are shut down for the day and all […]
< 1 min read
0
  1. Channel: Mass

Target beats Wall Street’s 4Q expectations, offers cautious outlook

Target posted a 0.7 percent gain in same-store sales, above the 1.74 percent drop expected by Wall Street. Food and beverage, beauty and household essentials revenues offset weakness in discretionary categories. CEO Brian Cornell said Target would continue to invest for its long-term growth but was “planning our business cautiously in the near term to […]
< 1 min read
0
  1. Channel: Mass

Target to launch new private labels and expand others

Target plans to launch or expand more than ten private brands, with most items priced between $3 and $15. The chain said it had seen a significant shift away from higher price discretionary items as consumers focus on everyday staples. View Original Article Target Packaging Owned Brands (Private Label) Consumers RetailWire Member since October 25, […]
< 1 min read
0
  1. Shopper & Customer

Eli Lilly Uses LilyDirect To Sell Weight Loss Drugs Straight to Consumers

Eli Lilly is primed to redefine the traditional drug distribution model by vending their medicines, particularly their burgeoning weight-loss drugs, directly to consumers. View Original Article Operations & Supply Chain Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Corporate Finance

Express’s New Owner Brings Post-Bankruptcy Hope to Beleaguered Retailer

Express’s bankruptcy filing earlier this month had analysts concerned about the popular clothing retailer’s survival, but news about its new owner has given a glimmer of hope to both Wall Street and consumers alike. View Original Article Bankruptcy Consumers Dept. Apparel Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

17-Year-Old Makes Over $30K Per Month With Amazon Side Hustle

17-year-old Bella Lin used her $2,000 savings to start an Amazon side business, which she created to solve the problem of disappearing pet guinea pigs. View Original Article Dept. Pet Amazon RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. Holiday & Events

Holiday period retail sales rise 7.6 percent, predictably less than last year

Beating Mastercard’s prediction of a 7.1 percent increase, retail sales between Nov. 1 and Dec. 24 rose 7.6 percent, according the company’s report released on Monday. The number is shy of last year’s 8.5 percent jump for the equivalent period, but that’s understandable given the more significant rebound seen in 2021 following COVID lockdowns. Mastercard’s […]
< 1 min read
0
  1. Trends & External Forces

Retail sales jump more than expected in January, despite continuing inflation concerns

Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3 percent, compared to expectations for a rise of 1.9 percent, the Commerce Department reported Wednesday. Excluding autos, sales increased 2.3 percent, according to the report, which is not adjusted for […]
< 1 min read
0
  1. Holiday & Events

Bass Pro Shops Doubles Down With Ad Blitz

Outdoor retail titan Bass Pro Shops is drawing attention with its recent marketing move, as it doubles down with a Super Bowl ad that will also air during the upcoming Daytona 500. View Original Article Holiday & Events RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, […]
< 1 min read
0
  1. Trends & External Forces

Prices remain high even as inflation cools

The annual rate of inflation has dropped for six consecutive months, but prices still remain substantially higher than a year ago. Some goods, notably eggs, have been hit with continually rising prices, well above the inflation rate. View Original Article Dept. Dairy Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is […]
< 1 min read
0
  1. Associates & Employees

Walmart Needs No Additional Holiday Employees

Walmart has indicated it has sufficient staff for the holiday season, suggesting it is not planning the typical seasonal hiring sprees… View Original Article Associates Walmart Strategy Holiday & Events RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for […]
< 1 min read
0
  1. Technology & Innovation

The metaverse dream seems light-years away

It looks like we’ll have to remain content living in the material world as the hyped-up dreams of a virtual one (AKA the metaverse) seem a long way from becoming a reality. Disney, Meta and Microsoft are among the major companies with grand visions for the metaverse that have since cut back on those efforts […]
< 1 min read
0
Next