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☆ I tried Target's new paid membership program. I see how some shoppers could save hundreds of dollars using it, but I thought it was a waste.
▼ + stars: | 2024-05-15 | by ( Jamie Killin | ) www.businessinsider.com time to read: +5 min

Target Circle 360 combines the benefits of the Circle membership and Circle cardTarget offers other benefits like the Target Circle membership and Circle card. Related storiesTarget Circle 360 combines all the benefits of the Circle membership and a Circle card. AdvertisementI thought the Target Circle 360 membership left much to be desiredUnfortunately, I haven't used the Target Circle 360 membership as often as I expected to. Overall, the Target Circle 360 membership wasn't for meAt the end of the day, I didn't think the Target Circle 360 membership was worth the money. AdvertisementHowever, I'm a firm believer that the free Target Circle membership is a must, even for casual Target shoppers.

Persons: —, I'm, Jeff Greenberg, Paul, I've Organizations: Service, Business, Target

☆ Department stores face another squeeze. This time, with store credit card revenue
▼ + stars: | 2024-04-10 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

For fiscal year 2023, credit card revenue totaled $619 million for Macy's and approximately $475 million for Nordstrom . The three companies do not break out how much of total credit card revenue comes from late fees. All of that adds up to dwindling credit card revenue for retailers, who can now expect to see it shrink even further. Target's credit card revenue fell to $667 million last year, down from $734 million in the prior fiscal year. Gap does not disclose credit card revenue, but its Chief Financial Officer, Katrina O'Connell, said on an earnings call that losses from late fees will be "largely offset in 2024 by other levers within our credit card program."

Persons: Robert Nickelsberg, it'll, Jane Hali, Kohl's, David Silverman, Silverman, —, Michael Fiddelke, Macy's, Adrian Mitchell, It's, Nordstrom, Katrina O'Connell Organizations: Getty Images Department, Consumer Financial, Bureau, Associates, Nordstrom, Fitch, TD Bank, Shoppers, Adobe Analytics, Citi, Sam's Locations: New York City

☆ Grocers are trying to get orders to your door faster than ever — here's why
▼ + stars: | 2024-03-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Walmart expanded its same-day delivery offering to allow shoppers to get online purchases dropped off earlier in the morning. With same-day deliveries, the three retailers are not only trying to outmatch one another on convenience. With Target's announcement this week, Walmart, Target and Kroger will all have paid membership programs with home deliveries as one of the benefits. Kroger has used online delivery to break into new regions of the country, including Florida, without opening a single grocery store. Walmart and Target both beat Wall Street's sales expectations for the holiday quarter, but said shoppers are still very value-focused.

Persons: Kroger, Michael Baker, Davidson, Davidson's Baker, John David Rainey, Rodney McMullen, That's, McMullen, We've Organizations: Target, Walmart, D.A, Kroger, Costco, Albertsons, FTC, Wall Locations: U.S, Florida

The current Target Circle program has more than 100 million members. The relaunch comes as Target aims to copy the success of Amazon’s juggernaut Amazon Prime and follow Walmart’s membership program. As for its membership program, Target will continue offering its free-to-join membership with personalized deals, member-exclusive sales throughout the year and additional perks and saving. Target said that members of the free Target Circle membership program already shop five times more and spend five times more than non-members. Target Circle (formerly called Target RedCard) credit cardholders will be able to sign up for Target Circle 360 at $49 per year if they have their card saved to their Target profile, the company said.

Persons: —, Brian Cornell, Kendra Scott, Cardholders, Target Organizations: Target, Revenue, Walmart, Target Circle, Amazon Locations: Minneapolis, Manhattan, FactSet

☆ Target launches paid membership program as it chases new revenue streams
▼ + stars: | 2024-03-05 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart . The paid membership tier will launch in early April and initially cost $49 per year, Sylvester said. Customers who have a Target Circle credit card will be able to pay the lower price of $49 per year beyond that. The retailer will also relaunch its free Target Circle loyalty program, which debuted in 2019, to make it easier to use and more personalized. It costs $98 per year or $12.95 per month, with perks like free shipping, free grocery deliveries for orders of at least $35 and gas discounts.

Persons: riffing, Cara Sylvester, Sylvester, Jeff Bezos, Doug McMillon, John David Rainey Organizations: Amazon, Walmart, CNBC PRO Locations: New York City

A woman pushes shopping carts during a sales event on Thanksgiving day at Walmart in Westbury, New York, U.S., November 28, 2019. In recent years, retailers like Amazon and Walmart have sought to boost their bottom lines and spread out demand by hosting holiday shopping events online in early October. Inflation remains a top concern for holiday shoppers, according to a KPMG survey, leading some to seek out deals on possible gifts. Walmart, which revealed discounts for its four-day Holiday Kickoff event at midday on Monday, posted deals on Dyson vacuums, HP (HPE.N) laptops and Apple (AAPL.O) products, much like Amazon and Target. The Target Circle event started nearly a week earlier than its October sales event in 2022.

Persons: Shannon Stapleton, Neil Saunders, Matt Kramer, Dyson, Arriana McLymore, Jamie Freed Organizations: Walmart, REUTERS, Black, Deloitte, Amazon, Deal, KPMG, KPMG Consumer, Retail National, U.S, HP, Apple, Target, Apple Watches, Thomson Locations: Westbury , New York, U.S, New York

☆ Parents face the most expensive back-to-school season to date. Here's how to save on supplies, deal hunters say
▼ + stars: | 2023-08-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Families with children in elementary through high school plan to spend an average of $890.07 on school supplies, $25 more than last year's record of $864.35, the NRF found. Already, credit card debt stands at more than $1 trillion, its own all-time high. Consumer finance expert Andrea Woroch recommends applying, if you qualify, for a new credit card with a sign-up bonus. watch nowThen use a cash-back site such as CouponCabin.com to earn money back on online purchases, including back-to-school supplies from Target, Walmart and Macy's. The experts at RetailMeNot recommend stacking discounts; for example, combining credit card rewards with store coupons and cash-back offers while leveraging free loyalty programs.

Persons: Philippe Huguen, Julie Ramhold, Ramhold, Andrea Woroch, Woroch Organizations: National Retail Federation, CNET, CNBC, Philippe, AFP, Getty, DealNews.com, Labor, Finance, Walmart Locations: New Jersey, Target

☆ Target slashes full-year earnings forecast as retailer struggles to win over thrifty shoppers
▼ + stars: | 2023-08-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

In this article TGT Follow your favorite stocks CREATE FREE ACCOUNTwatch nowTarget on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities. Target's struggling shares rose 3% Wednesday despite the soft forecast, as its fiscal second-quarter earnings topped expectations and inventory levels improved. CEO Brian Cornell said Target's sales and store traffic improved in July. Comparable sales, a key metric that tracks sales online and at stores open at least 13 months, declined 5.4%. Digital comparable sales dropped 10.5% Sales softened in the second half of May and into June before recovering in July, Cornell said.

Persons: Target's, Brian Cornell, Cornell, Michael Fiddelke, Clawing Organizations: Investors, Amazon

☆ Behind Prime Day's rosy headlines are mixed signals for back-to-school season. These retail stocks will fare the best
▼ + stars: | 2023-07-19 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +6 min

The National Retail Federation is predicting record spending , whether students are heading back to elementary school, high school or college. Bracing for higher prices as wages fall Baked into that outlook was an expectation held by the vast majority of respondents, 82%, that prices will be higher this year than in 2022. As in the KPMG survey, the gain largely reflected the perception that prices will be higher this year. In the JLL poll, Walmart , Target and Amazon were among the top three retailers parents planned to shop, by a wide margin. Stifel reiterated its price target of $163 for Walmart, saying, "We continue to see more upside than downside from current levels."

Persons: Paul Ashworth, Staples, Mark Astrachan, Astrachan, Stifel, Corey Tarlowe, Tarlowe Organizations: Prime, National Retail Federation, KPMG, Big, Capital Economics, Consumers, Walmart, Target, Old Navy, Kohl's, Macy's, Costco, Adobe Analytics, Jefferies, Amazon, Walmart U.S, Bed Locations: American

☆ 33 non-Prime Day Alternative Sales to Shop from Walmart, Macy’s & More
▼ + stars: | 2023-07-12 | by ( Bellamy Richardson | ) www.wsj.com time to read: +20 min

For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.

Persons: Bellamy Richardson, Alex Mill, “, Cabeau, Peter Thomas Roth, Huckberry, Ripstop, Macy’s, Michael Kors, you’ve, Samsonite, Spinner —, —, LUNA, Pearl Pink, Kate Somerville, grillers, Gray Organizations: Amazon, Amazon Prime, USA, GOLS, Stainless Steel, Macbook, Walmart, Target, Samsung, LG, Sony, LG Smart, Brooklinen, Cabeau, Soho, Rockies, Black, Nike, Nike Air Max, Saks, Saks Fifth, Sale, Sun, Dyson, Lenovo, Thermoworks, Savings, Urban, Big Deal, Urban Outfitters, Party Locations: California, Kalamata, Bone, Zion, Black, Caribbean, Tres, Wayfair, White

☆ Amazon has lost market share for the Prime Day shopping holiday it invented. Walmart is setting itself up for a bigger slice of those sales.
▼ + stars: | 2023-07-10 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +5 min

Walmart once again is looking to compete directly with Amazon's Prime Day. In previous years, the company held "Rollbacks and More" events in July to compete with Prime Day, and last year Walmart launched a summer savings event called Walmart+ Weekend which took place just before Amazon Prime Day. Walmart is holding a summer savings event called 'Walmart Plus Week' between July 10 and 13, around the same time as Amazon's Prime Day. "Amazon's Prime Day market share will continue to slip, dropping from 62.0% in 2018 to an expected 59.6% in 2023," the report said. Roots of Walmart-Amazon Prime Day rivalryThe yearly battle over customers between Walmart and Amazon's Prime Day could date as far back as 2015.

Persons: Andrew Lipsman, Lipsman, Marc Lore, Jason Del Rey Organizations: Walmart, Amazon's, Service, Amazon, Intelligence, Insider Intelligence, Target, Jet, Target Circle Locations: Wall, Silicon, Amazon

Since 2015, Prime Day sales have risen to more than $7 billion and could top $8 billion this year. Now in its ninth year, Amazon's annual Prime Day has become a fact of American life — a quasi-holiday that retailers of all types pile into. Protestors in New York raising awareness of Amazon facilitating ICE surveillance efforts coinciding with Amazon Prime Day 2019. How Prime Day is goingLast year, Amazon drove more than $7 billion in sales through its Prime Day sales, according to Insider Intelligence. The number of Amazon Prime account holders has ballooned too, with nearly 175 million people using Amazon Prime in the US today — around two-thirds of the country's population — according to a report by Insider Intelligence.

Persons: Michael M, Jack Ma's Alibaba, Diego Piacentini, Jeff Bezos, Brad Stone, Bezos, Execs, Stone, Meagan Wulff Reibstein, Wulff, Kevin Hagen, Brian Olsavsky, Rafael Henrique, Scott Olson, Andrew Lipsman, Lipsman, — Organizations: Amazon Prime, Companies, Amazon, Intelligence, Insider Intelligence, Workers, Walmart, Getty, Target, Target Circle, Black, Prime Locations: China, Tokyo, London, Paris, Munich, Japan, Europe, New York

☆ Shoppers get set for Amazon Prime Day and competitor sales events as ‘little treat’ lifestyle takes hold
▼ + stars: | 2023-07-07 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowPrime Day, competitor sales start soonAmazon's highly anticipated Prime Day starts at 3 a.m. Still, nearly 80% of adults said they intend to shop on Amazon Prime Day, a survey by The Vacationer found. What to buy on Prime DayThe best deals will be on Amazon's own devices, such as 75% off the Amazon Fire TV 43-inch Omni Series. How to take advantage of Prime Day dealsTo take advantage of Prime Day deals, you must be an Amazon Prime member. (CNBC's Select has more on how to avoid the membership fee in time to score Prime Day deals.)

Persons: Amazon's, Matt Kramer, Lauder, Leonard Lauder, Vipin Porwal, it's, Julie Ramhold, Michael M, Ramhold Organizations: Walmart, Target, CNBC, Amazon, Apple, Samsung, Google, Sony, DealNews.com, Santiago, Getty Locations: Nordstrom, Sur, New York

☆ Target offers 1 year to return items from store brands like Cat & Jack kids' clothes. Here's everything you need to know about the unusually generous policy.
▼ + stars: | 2023-05-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +7 min

Target guarantees satisfaction for a year on owned-brand goods, including Cat & Jack kids clothes. Here's Target's policy, the strategy behind it, and what could cause it to change. Target's policy says most items must be returned within 90 days and they must be in new condition or unopened. In a way, the return policy helps Target make sales, as it incentivizes shoppers to buy its in-house brands. "These are people admitting on social media that they were actually quite satisfied, but they are just finding a loophole and this return policy," Herzog said.

Organizations: & &

☆ Target is letting parents return entire wardrobes of outgrown or damaged kids' clothing for cash or all new items
▼ + stars: | 2023-05-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Target offers one-year returns on owned-brand items, including the Cat & Jack children's clothing line. While some retailers are introducing limits on returns, Target is trying to make the process even easier. "If you guys buy Cat & Jack for your kids, there is a one-year warranty that Cat & Jack offers if your kid outgrows the clothes, whether it's stained, ripped, whatever it is, they'll refund you." Besides, what do many shoppers do right after returning a batch of Cat & Jack? Buy more Cat & Jack.

☆ Target drive-up workers say app 'double-tapper' customers are a daily source of chaos and disruption as they try to meet tight fulfillment deadlines
▼ + stars: | 2023-03-18 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Some customers neglect to notify the fulfillment team that they are en route until they've already arrived. The dreaded "double-tap" sets off a scramble to get an order out the door and can cause other delays. She and other Target workers who spoke with Insider asked that their names not be used, but their identities are known to Insider. Once the customer taps "I'm here," the fulfillment team is given a three-minute window in which to get the order to the customer's car. A team lead in Michigan said she's had workers in tears from bad customer interactions that stem from frustrations with delayed orders.

☆ Target employees say they are overworked and dreading the arrival of drive-up returns: 'Somebody is going to get hurt or killed doing this.'
▼ + stars: | 2023-03-09 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Target said last week that a new option for drive-up returns would roll out to stores nationwide this year. On social media and in interviews, Target workers expressed concerns about the additional work and potential complications. "Guest service and drive-up are already overloaded with work," one employee in Illinois told Insider. Adam Ryan, a backroom worker in Virginia and organizer with Target Workers Unite, told Insider the move will "make the job even more difficult and tedious," and doesn't come with additional pay. If you are a Target worker who would like to share your perspective, please get in touch with Dominick via email.

☆ Soon you'll be able to return Target purchases without getting out of your car
▼ + stars: | 2023-02-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Target is rolling out a new drive-up returns service this spring, reaching nearly 2,000 stores this summer. The new feature uses the same mobile app that powers the company's popular curbside pickup option. E-commerce delivery and curbside pickup options have made it almost dangerously easy to buy stuff without having to go too far out of your way. Plus, the introduction of curbside pickup has only led to more visits to stores, not fewer, and the company sees this as extending that trend. The move also drives more engagement with the Circle membership program and the Target app, both of which are critical to the company getting more useful insights about individual preferences and shopping behavior.

SKIP AHEAD Apple deals at Target | Tech deals at Target | Home and kitchen deals at Target | Beauty and wellness deals at Target | Cyber Monday sales at Target | Target Holiday Price Match GuaranteeTo help you keep up with Target's Cyber Monday sale, we rounded up a handful of the best deals available right now. Best Target Cyber Monday deals to shop nowBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Target’s Cyber Monday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows. Best Target Cyber Monday sales to shop nowHere are some of the best sales to shop during Target’s Cyber Monday sale that we think you'll want to know about. How to take advantage of Target's Cyber Monday saleTarget's Cyber Monday sale is available to shop online. Does Target price match Cyber Monday deals?

$999.99 from Target Originally $1,499.99 Save 33%Deal icon An icon in the shape of a lightning bolt. $14.99 from Target Originally $29.99 Save 50%The best Target tech dealsDeal icon An icon in the shape of a lightning bolt. $24.95 from Target Originally $49.95 Save 50%The best Target home dealsDeal icon An icon in the shape of a lightning bolt. $80.00 from Target Originally $100.00 Save 20%The best Target kitchen dealsDeal icon An icon in the shape of a lightning bolt. Target Cyber Monday 2022: What to expectDuring Cyber Monday, Target is offering deep discounts on toys, kitchen goods, vacuums, electronics, and gaming gear.

SKIP AHEAD Best Target Black Friday deals | Best Target Black Friday sales | Target Holiday Price Match GuaranteeTo help you keep up with Target’s Black Friday sale, we rounded up a handful of the best deals available right now and plan to update this list through Cyber Monday. Best Target Black Friday deals to shop nowBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Target’s Black Friday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows. Best Target Black Friday sales to shop nowHere are some of the best sales to shop for during Target’s Black Friday sale that we think Select readers will want to know about. There will also be a few special sales and deals from Nov. 24 to Nov. 26:When do Target’s Black Friday deals go live? Does Target price match Black Friday deals?

☆ Target's early Black Friday 2022 deals are now live
▼ + stars: | 2022-10-31 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +10 min

Target’s Black Friday sale is currently live and includes discounts on brands like Apple, KitchenAid and Nintendo, as well as Target-exclusive brands like Threshold and Casaluna. SKIP AHEAD Best Target Black Friday deals | Best Target Black Friday sales | Target Holiday Price Match GuaranteeEvery Sunday leading up to Thanksgiving, Target is releasing a new batch of deals, which you can browse online and in stores. Best Target Black Friday deals to shop nowBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Target’s Black Friday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows. When do Target’s Black Friday deals go live? There are two types of deals you can shop during Target’s Black Friday sale:Weeklong Black Friday Deal s, which debut every Sunday through Thanksgiving weekend.

☆ A new Apple update is set to launch Monday and it's bringing Fitness+ to iPhone users
▼ + stars: | 2022-10-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Starting Monday, iPhone users can update their phone for access to Apple's workout subscription service Fitness+. The most notable feature of the company's newest update is access to Apple's Fitness+, which was previously only available to Apple Watch owners. Apple has partnered with Target, UnitedHealthcare, Mobile Health, and SilverSneakers to offer exclusive perks to Fitness+ users. The tech giant is also introducing a "Clean Energy Charging" feature that users can turn on and off in their settings, CNBC reports. Apple's September iOS 16 update introduced a new look for iPhone users' lock screens and home screens along with the ability to unsend messages and schedule emails to be sent.

☆ Cookies might not be tracking you, but some brands are
▼ + stars: | 2022-09-28 | by ( Leticia Miranda | Leticia Miranda Is A Business Reporter For Nbc News. | ) www.nbcnews.com time to read: +12 min

And for consumers who want to cut down on corporate monitoring, hitting “decline cookies” might not make much of a difference. Ulta Beauty’s Brent Rosso, vice president of the cosmetics seller’s ad business, called retail media networks “the hottest thing in the media world.”The Home Depot app encourages users to allow tracking. Home DepotNew ways to track and targetBefore the rise of retail media networks, retailers regularly sold ad space like sponsored products or banner ads on their own digital properties. But many retail media networks combine first-party data with existing third-party information, such as demographic data, to build more detailed profiles on consumers. About $40 billion will be spent this year across retail media networks alone, the analytics firm projects.

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