Brick-and-mortar retail is in trouble. You can tell that from reports on this very site of retail bankruptcies and store closings, and from the number of Amazon boxes piled in front of your and your neighbors’ front doors. Today, Target executives shared discouraging news of falling sales and profits at its investors day event, and explained that the chain’s way forward is to imitate Walmart. [More]
tiny targets
Target “Rethinking Everything” For New Mini-Stores Aimed At Millennials
By 10.4.16
Although other retailers haven’t been able to lure shoppers with mini stores, Target is hoping to succeed where others have failed, and seems pretty confident about its plan to open a slew of mini stores in new markets. Markets filled with — you guessed it — millennials. [More]
Target Keeps Building Tiny Stores, Tries To Succeed Where Walmart Failed
By 9.14.16
For the first half of this decade, Walmart experimented with mini-stores: tiny Walmarts that fanned out across the country, serving markets too small to support a full-size store. The experiment ultimately failed, and Walmart closed all of its Express stores at the beginning of 2016. Target, however, wants to take over the business of building tiny big boxes, planning to build at least 25 more through 2017. [More]
New Target Store In Manhattan Will Feature A Chobani Yogurt Cafe
By 5.12.16
Up here in New York’s hinterlands, our Target stores have snack bars with Pizza Hut pizzas, or maybe a Starbucks if they’re really classy. At a planned store in Manhattan’s Tribeca neighborhood, they plan some classier offerings in the snack bar. Target has partnered with yogurt brand Chobani to open a cafe featuring “Chobani’s signature Greek yogurt and hand-selected, artisanal ingredients.” [More]
Target Will Open More Urban Mini-Stores Than Big Boxes This Year
By 2.4.15
The hot trend in big-box stores is now small-box stores. First, tiny Walmarts proliferated across the country, and now Target is joining the mini urban store boom by expanding its TargetExpress brand into more markets. Target has announced fifteen planned store openings for the coming year, and nine of them are the tiny-format TargetExpress. [More]
