Target announced Monday that the head of Target.com is leaving the company. According to the Minneapolis Star Tribune, Target says that the departure of Steve Eastman is not for performance reasons.
Target announced last week that it plans to establish its own Web platform for Target.com, replacing a partnership with Amazon.com that had been in place since 2001.
Target Corporation's retail model By Natalie Hope McDonald The now-famous red logo may be fairly new, but Target's history actually dates back to 1902 when George Dayton opened Goodfellows in downtown Minneapolis in the very same location as today's flagship store. Dayton's company went through a series of name changes and new logos that actually began the design-conscious, community-driven retail chain known as today's Target Corporation. By the early 1960s, the Target name was first seen as a discount store, soon to top one billion in revenues less than 10 years later. "We maintain a passionate commitment to our brand and to the Target guest,"
MINNEAPOLIS, March 25 /PRNewswire-FirstCall/ -- Target Stores today announced that Sony will design a product line exclusively for Target Stores and target.com that will debut Spring 2002. This is the first time Sony has designed a line exclusively for a single retailer. The nine products, named Sony Liv, are all priced under $150 and will feature ultra-modern color designs plus user-friendly details usually associated with more expensive electronics. With a sophisticated, compact look, the selection of CD players, alarm clocks, radios, and a universal remote will be specially designed to fit the needs of style-conscious Target guests. The line features colors in a