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Target, Inc.

  • Marsh, Sun Cap Ink Buyout Pact

    INDIANOPOLIS -- Nearly six months after revealing it was exploring strategic alternatives that included a sale, the exploring seems to be officially over for Marsh Supermarkets, Inc. here. The regional retailer said yesterday signed an agreement for an $11.125 per share cash takeover by an affiliate of Sun Capital Partners Inc.
  • Consumers More Price-conscious Post-2001: Study

    NEW YORK --­ The American shoppers' mindset has dramatically shifted since 2001 toward more anxiety and less spending, reflecting a new "Never Normal" environment they now live in, according to the latest "How America Shops" 2006 study from retail marketing consultancy WSL Strategic Retail, based here.
  • Target to Unveil Latest Grocery Combo Prototype in Atlanta Suburb

    MINNEAPOLIS -- Mass merchandiser Target Corp. here plans to unveil its latest version of SuperTarget in the Atlanta suburb of Acworth, Ga. in July, the Atlanta Business Chronicle reports. The 174,000-square-foot store will dedicate twice as much space for grocery and HBC, and will feature larger windows to let in more natural light.
  • Latest Cannondale Study Suggests New Retailer Segmentation Approach

    WILTON, Conn. -- As discount and drug stores add more space for food and supermarkets add more nonfood sections, retailers have moved to the muddled middle and shoppers no longer distinguish retailers along channel lines, according to a new study from Cannondale Associates here, "Redefining the Retail Landscape." The study, produced in conjunction with panel provider Lightspeed Research, finds that shoppers choose where to shop based on a retailer's ability to deliver what they're looking for, whether it's the lowest prices, bulk sizes, or unique products.
  • COVER STORY: Store of the Month: Green monster

    Wal-Mart's experimental supercenter in Aurora is the retailer's biggest, newest step becoming an environmental steward.
  • Target Launches Bath & Body Expansion

    MINNEAPOLIS -- Seeking to raise the beauty bar, Target based here has introduced a proprietary bath and body department that will feature 20 "exclusive and luxurious" brands.
  • Food, Drug Retailers Find Spots on Fortune's 'Most Admired' List

    NEW YORK -- Wal-Mart was the top traditional retailer of any kind on Fortune Magazine's annual list of Most Admired Companies, but a number of other retail food merchants made the grade on various specialty sub-lists as the business magazine recognized hundreds of firms for being named companies worth admiring by businesspeople.
  • Wegmans Opening Three Stores in Philly Area

    ROCHESTER, N.Y. -- Wegmans Food Markets Inc. will be opening three supermarkets in the greater Philadelphia area, according to a local published report. The Northeast upscale retailer's Mount Laurel, N.J. store opened yesterday, while its Cherry Hill, N.J. location will debut in June and a Warrington, Pa. market will bow in December. Wegmans' earlier Philadelphia-area store, in Downington, Pa., opened in 2003.
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