Target Donates $250,000 for Tornado Relief in Moore, Okla. (WebWire)
Target Corporation (NYSE:TGT) announced today it will donate $250,000 in monetary support and merchandise to assist with tornado relief efforts in Moore, Okla. The donation includes $150,000 in cash and in-kind donations to the American Red Cross, $30,000 in a cash donation to the Salvation Army and $20,000 in product donations for other community needs such as water and other rescue and recovery supplies. Target Corporation (NYSE:TGT) will also donate $50,000 to Plaza Tower and Briarwood Elementary Schools to aid in recovery efforts. …In addition, this year Target Corporation (NYSE:TGT) has given $500,000 to the American Red Cross as part of the nonprofit’s Annual Disaster Giving Program. Target Corporation (NYSE:TGT) teams spend countless hours preparing for disasters of any magnitude and will continue to help communities across the country before, during and after a crisis.
Target Searches for Innovation on the West Coast (TCBMag)
Minneapolis-based Target Corporation (NYSE:TGT) is expanding its digital technology division with the addition of a new “Technology Innovation Center” in San Francisco. The center is designed to provide Target Corporation (NYSE:TGT) with greater access to innovative technology start-ups and experts in e-commerce so that it can better integrate new technology into its operations. The director of the new center, David Newman, said in a video about the tech center that the expansion will help Target Corporation (NYSE:TGT) identify emerging technologies: “For us, it’s how do we find those things that are just starting to be funded by the venture capital community. Test, learn, and bring that back to bear so we don’t fall behind in any of these spaces.”
Will Target Beat Earnings? (Zacks)
Target Corporation (NYSE:TGT), an S&P 500 company and the operator of general merchandise and food discount stores in the United States, is set to report its first-quarter fiscal 2013 results on May 22. In the last quarter, it posted a positive surprise of 12.2%. Let’s see how things are shaping up for this announcement. …Target Corporation (NYSE:TGT)’s efficient marketing, multi-channel strategy, product innovation, compelling pricing strategy, and new merchandise assortments are driving comparable-store sales and operating margins. The company’s P-fresh remodel program and 5% REDcard Rewards program help sustain sales momentum, continue to drive traffic and enhance customer shopping experience. The company’s focus on “Expect More. Pay Less.” brand promise is also bearing fruit.
Target Corporation : Target and Warner Bros. Consumer Products Team Up to Reimagine Justice League Merchandise (4-Traders)
In a first-of-its-kind partnership, Target Corporation (NYSE:TGT) and Time Warner Inc. (NYSE:TWX) Consumer Products, in partnership with DC Entertainment, have teamed up to introduce an extensive summer collection of exclusive Justice League merchandise. The summer collection was inspired by “DC Comics – The New 52” comic book character designs and holds surprises for fans young and old. Featuring the full lineup of DC Comics’ iconic Justice League Super Heroes – Aquaman, Batman, Cyborg, The Flash, Green Lantern, Superman and Wonder Woman – the summer collection will launch at all U.S. Target Corporation (NYSE:TGT) stores and on Target.com beginning May 19.