Hi Retail readers!
We're in the thick of companies reporting their earnings. Target had a wildly successful Q3, with total revenue for the quarter growing 4.7 percent. The company rebranded its private-label grocery brands, opened Disney shop-in-shops and is powering Toys R Us's website. It brought back highlights of its Design for All collaborations and I saw moms literally buying every piece when the collection relaunched earlier this fall. Britney Spears is a huge supporter and so am I.
Not all of retail is doing well, though. For all it's great PR and initiatives with Amazon and Facebook, Kohl's delivered a less-than-stellar quarter. My take is because Kohl's doesn't have a clearly defined market share and is in a weird space between Walmart's reach and Target's (dare I say it, bullseye) branding. (#retailpuns)
Let's take this conversation over to Twitter and talk about our favorite things about Target.