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Target’s digital sales double over the holidays

We look at Target’s performance in November and December and the impact of its digital operations on sales growth.

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How Target squeezed eight years’ growth into nine months
USA-based Target’s recent third quarter update revealed that it has delivered the equivalent of eight years’ growth over the last nine months. We look at how it has been able to meet this surge in demand and the plans it is putting in place for added capacity this holiday season and beyond. Incremental sales of $10bn Over the first three quarters of this year, Target has generated over $10b...
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Target: retail’s best success story of 2020?
With Target reporting growth of over 20% in Q3, we look at what’s underpinning its success and the outlook heading into 2021. Third quarter key numbers Total revenue increased 21.3% to $22.3bn Operating income to 93.1% to $1.9bn Comparable sales up 20.7%, with traffic up 4.5% and average ticket up 15.6% Comparable store sales up 9.9% Digital comparable store sales up 155%, wi...
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Target evolves beauty space with Ulta Beauty tie-up
Target is partnering with Ulta Beauty to develop a new in-store experience. Complementing the existing beauty offer Target is partnering with Ulta Beauty to open approximately 100 shop-in-shop concepts next year. These will see a dedicated space for the beauty retailer’s products at Target. The offer will complement Target’s existing beauty offer, bringing in a curated range of established ...
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Presentations

Target Snapshot
07/01/2021
An essential summary of trading priorities, latest developments, and other key commercial insights for Target.
USA Country Presentation
16/12/2020
This guide to USA explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.
Key strategies in large format stores
18/11/2020
The hypermarket channel is perceived to be struggling to grow, whether in store or sales terms. However, on a global basis, this is not the reality. Retailers are finding ways to re-imagine the hypermarket format beyond grocery retail by applying seven strategies laid out in this report. This way hypermarket operators are able to enhance the shopper proposition and: - achieve more incremental growth - boost traffic to store - encourage more spend in-store - develop the omnichannel offer
Hypermarkets by numbers 2019 – 2022
09/11/2020
The hypermarket channel is perceived to be struggling to grow, whether in store or sales terms. However, on a global basis, this is not the reality. Retailers are finding ways to achieve incremental increases in basket size and are developing their proposition to attract shoppers back to the format. In this report we show winning strategies by hypermarket and large supermarket operators from around the world.
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Key presentations

Strategic outlook for Target

Having launched a turnaround plan in 2017, centred on its stores, supply chain and private label capabilities, we look at how Target is successfully navigating its transformation and the outlook to 2023. 

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USA country presentation

This guide to USA explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

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Target snapshot

An essential summary of trading priorities, latest developments, and other key commercial insights for Target.

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Access key indicators for over 400 retailers and grocery market sizes for over 180 countries.

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Looking for more insight on North America?

We've grouped all the latest North American retail news, store visits, retailer profiles and downloadable presentations together in one place.

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