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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’s Q1 results highlighted a softening of sales in discretionary categories, offset by stronger grocery and beauty sales, as consumers continue to spend more cautiously. The retailer outlined its strategy to overcome these challenges in the months ahead, with a clear focus on offering its customers affordable joy.  

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We look at Target’s latest results and its strategic update which included details of how it plans to sustain growth, rebuild profitability and strengthen the business. Key numbers Q4 total revenue up 1.3% to $31.4 bn, driven by sales growth of 1.2% and an 8.4% increase in other revenue Fourth quarter comparable sales increased 0.7%, reflecting comparable stores sales growth of 1.9% and...
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. Q3 key numbers Total revenue increased 3.4% to $26.5 bn Comparable s...
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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