We look at Target’s strong third quarter performance and how it plans to win this holiday season. Top-line results Target’s third quarter revenue increased by 4.7% to $18.7bn, with comparable store sales up 4.5%. Comparable digital sales increased 31%. Operating income increased 22.3% to $1.0bn, with the stronger than expected increase in profitability driven by an improved gross margin. Th...

With many retailers starting their Black Friday promotions and deals early, we look at how this key shopping event is evolving in the US. Fewer shopping days Black Friday shopping traditionally takes place on the Friday after Thanksgiving Day. This year, the key shopping event is scheduled for November 29. However, many retailers are already running their Black Friday promotions, a signal o...

As excitement builds for Halloween, we share three initiatives helping widen the event’s appeal, offer ease and an element of surprise to customers. Asda: appealing to all ages Asda’s online hub offers a range of Halloween promotions, targeted at adults. This includes an offer of 25% off when shoppers buy six or more bottles, widening the appeal of the event and driving basket size. Offe...