Media Day Recap: What Target Has ‘In Store’

October 17, 2012 - Article reads in
Target announces upcoming plans

Yesterday in New York, Target executives shared the business updates, news and a sneak peek of holiday plans, including the unprecedented Target + Neiman Marcus holiday collection, with members of the media.

So what can you expect this holiday and beyond? More.

Target will continue to innovate and anticipate the changing needs of guests in the years ahead, making good on the promise to “Expect More. Pay Less.”

We break down some of the headlines of the day for you here:

“In the last couple of years, we’ve focused our entire team on a plan to achieve 100 billion dollars or more in sales.” – Gregg Steinhafel, CEO

“We recently created a senior vice president position that will be responsible for and Mobile, and are actively searching externally to fill this role.” – Casey Carl, President, Multichannel and Senior Vice President, Merchandising

“For the first time, Target will offer guests the ability to match prices from select online retailers including Walmart, Amazon, Toys R Us and Best Buy through Dec. 16 in our stores.” – Gregg Steinhafel, CEO

“We’ve reached a new milestone in corporate giving…. Target now gives more than $4 million every single week to the communities we serve. That’s over $4 million every week to fight hunger, to help communities before, during and after disasters, to support the arts and design, and to put more kids on the path to high school graduation.” – Laysha Ward, President, Community Relations

“We will open our second CityTarget in San Francisco in October of 2013 — and I can, for the first time, confirm that our previously announced CityTarget location in Portland will open in July.” – Gregg Steinhafel, CEO

“We are inviting guests to ‘Dream Big. Save Bigger.’ with a campaign that taps into the magic of Christmas gift-giving and communicates the strong value proposition that shopping at Target delivers.” – Jeff Jones, CMO and Executive Vice President

“By the end of next year, we’ll have 124 truly amazing and unique stores open from Atlantic Canada to British Columbia — in all 10 provinces — which will mark Target’s largest one-year expansion in company history.” – Tony Fisher, President, Target Canada

“I am thrilled to announce today, that we are partnering with a new generation of heartthrobs. One Direction’s Target exclusive album will be out Nov. 13.” – Kathee Tesija, Executive Vice President, Merchandising

“I’m excited to announce that beginning this week, REDCard applications will be available online, making it even more convenient for our guests to join the ranks of REDCard holders.” – John Mulligan, CFO and Executive Vice President

“To make access to mobile easier for our guests, I’m pleased to announce we’re in the process of rolling out free WiFi to all our stores this fall.” – Casey Carl, President, Multichannel and Senior Vice President, Merchandising

“For the first time, this holiday, guests can quickly and easily shop the products in our TV and direct-mail ads with a text-to-buy feature. More than that, guests can also scan and shop with not only in-store QR codes, but an interactive gift finder that’s at, on tablets and mobile, and even in a few unexpected places, like high-traffic bus shelters.” – Jeff Jones, CMO and Executive Vice President

“Ultimately, we believe that Target’s business success will translate into value for our shareholders. And, so far this year, that’s been the case.” – John Mulligan, CFO and Executive Vice President

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