REAL ESTATE

Target to bring expanded grocery and other new services to Detroit-area stores

BY Marianne Wilson

New York — Target announced that it is expanding ongoing remodeling efforts to its stores in the Detroit area. Along with a much greater emphasis on grocery and fresh foods, the new layout include reinventions in several other departments such as beauty, home, shoes and baby.

Target’s remodeled stores will include approximately 10,000 sq. ft. dedicated to fresh food, including a curated assortment of fresh produce, fresh packaged meat and pre-packaged baked goods, in addition to dry and frozen offerings.

“We’ve heard from our guests that they want more fresh food options in the convenience of their local Target store,” said Annette Miller, SVP grocery, Target. “We’re excited to unveil a new, one-stop shopping experience and believe this significant investment underscores our commitment to the Detroit community.”

Target is also remodeling locations in several other markets across the country including Cleveland, San Antonio and Las Vegas.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
REAL ESTATE

Starbucks targeting drive-thru format for growth in U.S.

BY Marianne Wilson

New York — Starbucks Corp. is expanding its drive-thru format, the chain said in its first-quarter earnings call. According to company officials, more than half of the approximate 1,500 new locations it plans to open in the United States during the next five years will be drive-thrus.

Starbucks plans to remodel about 1,400 U.S. locations in 2013. Roughly 500 of those locations will receive a major overhaul.

“Drive thrus create incremental revenues and profits compared to traditional stores and represent a fast-growing and highly profitable format for Starbucks, comprising just over one-third of our U.S. company-operated stores but contributing nearly 45% of our U.S. retail profit,” Starbucks CEO Howard Schultz said. “We are investing in this high-margin store format with innovations that will elevate the customer experience of our brand by enhancing drive-thru efficiency and consistency of service.”

keyboard_arrow_downCOMMENTS

Leave a Reply

Z.Ali says:
May-15-2013 11:46 am

It was a beneficial workout for me to go through your webpage. It definitely stretches the limits with the mind when you go through very good info and make an effort to interpret it properly. Colombian dating

Z.Ali says:
May-15-2013 11:46 am

It was a beneficial workout for me to go through your webpage. It definitely stretches the limits with the mind when you go through very good info and make an effort to interpret it properly. Colombian dating

R.Pedrin says:
Mar-12-2013 01:32 pm

Thanks for sharing nice information with us. i like your post and all you share with us is up-to date and quite informative, i would like to bookmark the page so i can come here again to read you, as you have done a wonderful job. protect america security

R.Pedrin says:
Mar-12-2013 01:32 pm

Thanks for sharing nice information with us. i like your post and all you share with us is up-to date and quite informative, i would like to bookmark the page so i can come here again to read you, as you have done a wonderful job. protect america security

Z.Ali says:
Feb-25-2013 10:36 am

Fantastic blog site you’ve got listed here.. It is tricky to find substantial good quality producing like yours currently. I truly enjoy persons such as you! Get care!!glasgow airport taxi

Z.Ali says:
Feb-25-2013 10:36 am

Fantastic blog site you’ve got listed here.. It is tricky to find substantial good quality producing like yours currently. I truly enjoy persons such as you! Get care!!glasgow airport taxi

M.Donovan says:
Feb-19-2013 11:35 am

I know what you mean. I am sure that they will make many improvements segeln ostsee

M.Donovan says:
Feb-19-2013 11:35 am

I know what you mean. I am sure that they will make many improvements segeln ostsee

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...
REAL ESTATE

Report: Barnes & Noble to trim store count over next decade

BY Marianne Wilson

New York — Barnes & Noble is planning to shutter approximately one-third of its stores during the next 10 years, CEO Mitchell Klipper said in an interview with the Wall Street Journal. As of Jan. 23, the company operated 689 stores. (The company also operates a separate division of 674 college book stores.)

“In 10 years we’ll have 450 to 500 stores,” said Klipper in the interview, who noted that, even with the reduced store count, “it’s a good business model.”

Regarding the changing nature of retail, Klipper told the Journal that, "You have to adjust your overhead, and get smart with smart systems.”

“Is it what it used to be when you were opening 80 stores a year and dropping stores everywhere? Probably not. It’s different. But every business evolves,” he said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Are you hiring seasonal employees this year?

View Results

Loading ... Loading ...