After a poor second quarter, Target is reshuffling the deck: new C.E.O., new priorities to get back on track Americas The U.S. grocery retailer Target is embarking on a strategic shift after a difficult first semester. With 19.6% of online sales and three-quarters from non-food products, the US's third-largest grocer is changing governance. For new C.E.O. Michael Fiddelke, monetising digital activities and reviving core business categories are at the top of the priority list.
With 20% of e-commerce in 2024, Target wants to increase the marketplace fivefold Americas In the U.S.A, Target, the most omnichannel grocery retailer is capitalising on the positive benefits of a marketplace launched in 2019. While advertising revenue grew by 24% last year, it wants to increase the activity of a marketplace fivefold. In the U.S.A, other retailers are getting involved, such as Ulta Beauty and Best Buy.
Free To combat theft, Walmart tests the unlocking of its display cases by smartphone Americas The world’s largest retailer Walmart (sales of US$648 billion up 5.5% in 2023, up by 5.4% in Q2 to July 2024) is stepping up efforts against theft.…