As other retailers struggle with slipping sales, branding problems, and public relations controversies—or, in some cases, all three—an opportunity emerges for the once-venerable company. Brand strategist David Brier of DBD International shows how they can seize it.
Entries for our Co.Labs and Target Retail Accelerator end April 30, so we're spotlighting entries all week long. One clever contestant takes on a common family shopping scenario with a shared-shopping web app.
Today's The New York Times article, "Target's First Store in Manhattan Took a Decade of Wooing" describes how Target laid the groundwork to open a major new retail outlet in Harlem. According to the article, Target invested a decade in getting to know the community, its leaders and its residents, and its needs and interests.
There can be only one winner in the battle of the big box retailers. In the new book "The HIP Investor," author R. Paul Herman compares Walmart and Target in terms of profit, management, and human impact (health, wealth, earth, equality, trust). So which retailer is more sustainable?