Retailers/Target

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Target profile

A guide to the retailer and its operations today. Updated twice yearly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.

Target: data

See data on the retailer’s performance and forecasts for its operations by channel.

North America retail outlook 2023

We highlight five trends that we expect to shape the North American grocery retail market over the next 12 months and beyond. 

USA Country Presentation

A guide to the USA grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.

Latest News

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Target squeezed by pressured shoppers

Target’s third quarter results highlight the financial pressures US consumers are under and the trade-offs many are making to manage their household budgets. Against a backdrop of slowing sales growth and declining profitability, we look at the actions the retailer’s taking heading into the holiday period and beyond.

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Why Target’s reenergising its hypermarkets
Target has unveiled a new look for the largest stores in its network, optimising additional space and incorporating new design elements. New space opportunity Over recent years, smaller formats have been the main focus of its format development plans. It has grown its network of stores of around 30,000 sq ft to over 100. Over the last two years, it also identified a new opportunity with sto...
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Target’s inventory challenge hits profits
In June, Target updated its guidance for its Q2 results, expecting its operating margin to be in the range of around 2%. Actual results came in lower than this, highlighting the challenge it has faced on inventory. We take a look at how the retailer performed across the quarter. Second quarter key numbers Total revenue increased 3.5% to $26.0 bn Comparable sales increased 2.6%, wi...
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Target acts as external environment starts to bite
With the business impacted by global supply chain issues, Target is taking several actions to right-size its inventory, reduce costs and protect profitability in the second half of the year. Wrong place, wrong time This is the hangover from the COVID-19 pandemic which resulted in significant supply chain challenges at the end of last year. High demand on global freight lines, plus factory c...
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