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Tag Archives: target

Big-Box Q3 Financials Round-Up 

Q3 financials

This week, several Big-Box organizations released their Q3 financials, with most reporting continued sales increases in an already successful year.  Lowe’s reported net earnings of $1.9 billion and diluted earnings per share (EPS) of $2.73 for the third quarter. Those …

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Target to Offer $15 Minimum Wage

target

Target has announced plans to increase its minimum wage for employees to $15 per hour, up from its current rate of $13, CNN reports. The new pay rate will apply to 275,000 part-time and full-time employees at its retail spaces, …

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Target Posts Significant E-Commerce Growth in Q1 2020

e-commerce growth

In its first-quarter 2020 financial results, big-box retailer Target reports total revenue of $19.6 billion, an 11.3 percent rise from the same period in 2019. While its stores remained open amid COVID-19 in the U.S., Target also experienced significant digital …

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Tracking 2 Years of Big-Box Housewares Sales

housewares

The housewares category is a growing opportunity for many independent retailers. Whether you stock housewares items to serve wholesale customers or your DIY customers keep asking for the latest kitchen gadgets and small appliances, the category is broad and can …

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2019 Home Improvement Headlines

2019 home improvement

2019 was a year full of home improvement headlines, including new leadership, new services and new possibilities for the channel. Review 2019 home improvement headlines to get a fuller picture of the year using the links below. *** December 2018 …

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Walmart, Target Have Diverging Plans for Retail Robots

retail robots

Walmart and Target are both using artificial intelligence to streamline their operations, but how each company is making use of retail robots underscores the possibilities and pitfalls of in-store robotic technology, an article from CNN reveals. Walmart is investing heavily …

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Mobile Apps Serve, Entertain Shoppers

mobile apps

Let’s say a DIYer named Shelby wants to make some home updates. She’s trying to imagine her bathroom with a new color scheme and thinks fresh curtains and a stylish coffee table would upgrade her living room’s look. Shelby decides …

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Amazon Prime Day Sets Records, Retail Trends

amazon prime day

Amazon Prime Day, the e-commerce giant’s annual shopping event, set new records for the company, leading to more sales than Amazon’s Black Friday and Cyber Monday events combined. Amazon says that worldwide, Prime members purchased more than 175 million items …

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