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0 0.0014870809839518 0.00192081293760457 0.000309808538323211 -0.00191399714976141 -0.00520478344383173 -0.00678480698928062 -0.00647499845095741
Stock impact report

Target tests wholesale waters with popular Cat & Jack brand [Yahoo! Finance]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Yahoo! Finance
The company announced an expansion of its existing partnership with Canadian department store chain Hudson's Bay (HBC). This expanded deal will see Target's popular in-house children's apparel brand, Cat & Jack, adding swimwear, outerwear, and footwear to its offerings at HBC stores and online platforms. This move marks Target's first foray into wholesale distribution. The decision follows a positive customer response to the initial launch of Cat & Jack apparel at Hudson's Bay in March 2024. The new aforementioned product categories will be available at HBC starting in 2025. Target is also reportedly exploring broader wholesale opportunities. According to Bloomberg , the company's chief growth officer Christina Hennington said the business has received interest from other retailers around the world and is in the early stages of exploring opportunities to sell its products to these retailers in Europe and the Americas. This strategic shift comes as Target navigates a cha Show less Read more
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