Content about Target Corporation

Tractor Supply has increased its estimated domestic store growth potential to 2,100 locations from a previously estimated 1,800 stores.

Jim Wright, chairman and CEO, said: “Over the past four years, we have effectively tested and validated the viability of the Tractor Supply store model in small markets. We are pleased that we are able to generate a comparable rate of return on investment in these markets, which opens up additional growth opportunities for Tractor Supply stores. We believe we have a long runway of growth ahead of us.”

Hoffman Estates, Ill.-based Sears Holdings plans to close 100 to 120 Kmart and Sears full-line stores after reporting a disappointing recent performance. The Tuesday morning announcement -- contained in a press release titled "Sears Holdings Provides Update" --  reported a 5.2% comp-store sales decline for the quarter-to-date period, and a 2.6% decline in the year-to-date period, ended Dec. 25. 

As a former store owner, avid consumer and general retail junkie, I really get excited when I walk through a store and find myself thinking “WOW! Look at THIS.” More than once, when really excited, the “Wow!” in my head has extended to my mouth, occasionally to my embarrassment, but more often to either agreement from my fellow shoppers or the appreciation from nearby employees.

Like most of the vendors in the Inventors Spotlight section of the 2010 National Hardware Show (NHS), Kalvin Vogt was confined to an 8-ft.-wide space that ran approximately 4 ft. deep. But he was right at the entrance with his crystal doorknobs, which are illuminated from inside with LED lights.


“We had Home Depot come in the first 15 minutes of the first day,” said Vogt, CEO of Krystal Touch of New York Inc. This being his first time at the show, Vogt and his associates were stunned. “We were ready to leave right after that,” he joked. 


In its first-ever expansion outside of the United States, Target Corp. on Thursday said it would acquire up to 220 Zellers discount department stores in Canada from the Hudson’s Bay Co. for $1.8 billion. The deal will allow Target to open 100 to 150 Target stores throughout Canada in 2013 and 2014.

A study of consumer shopping habits in the tools and storage categories indicates a willingness to trade advice from knowledgeable staff for a wider assortment of goods. These were the conclusions from a survey conducted this month by The NPD Group, a market research firm based in Port Washington, N.Y.

Eighty-four percent of respondents indicated they prefer purchasing storage/organization and tool products at larger stores with many offerings, rather than at smaller stores with consultative sales staff, but limited stock.