Published 2 months ago

Target launches paid membership program as it chases new revenue streams

Target is relaunching its loyalty program, offering free same-day delivery for orders over $35.
The program, with over 100 million members, will introduce a $49/year paid membership.
Target's profits increased by 58%, surpassing expectations, and plans to build 300 new stores over a decade.

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New York Post

Target shares jump as retailer unveils paid membership program to rival Walmart, Amazon

Target reported higher holiday-quarter earnings, sending its shares up 12%.

2 months ago·New York, United States

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CNBC

Target launches paid membership program as it chases new revenue streams

Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart.

2 months ago·United States

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Benzinga

Target Reports A Better-Than-Expected Holiday Quarter And Announces Paid Membership Program To Rival Amazon And Walmart - Target (NYSE:TGT)

On Tuesday, Target (NYSE: TGT) reported its holiday quarter results, with both top and bottom lines surpassing Wall Street estimates. Despite guiding for another year of weak sales, Target was rewarded for boosting its profit and margins with its shares jumping 12% during morning trading.

2 months ago·New York, United States

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Los Angeles Times

Target launches a $49 subscription service for customers wanting quick delivery

Following in the footsteps of competitors such as Amazon and Walmart, Target's subscription service starts at $49 a year for quick delivery.

2 months ago·Los Angeles, United States

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The Epoch Times

Target Launches Membership After Annual Revenue, Sales Decline

Target’s annual revenue declined last year while sales at stores open for at least one year dropped for the first time since 2016. America’s sixth-largest retailer predicted weak sales again this year, driven in part by higher prices. The company has announced that it is re-launching its membership feature, Target Circle 360, which offers customers unlimited same-day delivery in as little as an hour. The membership service will begin in April an…

2 months ago·New York, United States

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