Target Is Taking Its Popular In-House Apparel Brand Abroad [BNN Bloomberg (Canada)]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: BNN Bloomberg
The Minneapolis-based retailer said it's expanding sales of the in-house Cat & Jack children's brand at department-store chain Hudson's Bay Co. in Canada to include swim, outerwear and shoes, going beyond the apparel products it's been offering since March. Target is broadening the partnership after positive feedback, Christina Hennington, the company's chief growth officer, said in an interview. The merchandise is driving an increase in the value and volume of purchases in the kids apparel section at Hudson's Bay, she said. The deal marks Target's first foray into the wholesale arena, and the new products will be available starting next year. The company has received interest from other retailers around the world and is in the early stages of exploring opportunities to sell its products to retailers in Europe and the Americas, she said. Hennington added Target's US customers remain its first priority, and that the retailer is initially developing its wholesale strategy outside o
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TGT
Earnings
- 3/5/24 - Beat
TGT
Sec Filings
- 5/1/24 - Form PX14A6G
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- TGT's page on the SEC website