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Teen apparel retailers led generally stronger-than-expected same-store sales in September, with a late start to the back-to-school season helping those chains beat Wall Street forecasts.
Department stores and luxury chains also posted forecast-beating results, though retail experts warn the gains could be short-lived as consumers draw up budgets for the holiday shopping season. Get the full story »
Target Corp. says it will begin carrying four models of Apple Inc.’s iPad, starting at $499. The nation’s second-largest discount chain says it will start selling the touchscreen tablet computer Oct. 3. The iPad will be covered under the retailer’s 5 percent discount for store credit-card holders, which rolls out Oct. 17.
A federal appeals court says a group of dairy consumers can proceed with parts of a lawsuit alleging that several national retailers and an organic dairy company falsely labeled the dairy’s milk.
Target will open five retail health clinics in the area next week. (Phil Velasquez/ Tribune)
Target Corp., renewing its push into retail medicine, will open five clinics in Chicago area stores, giving a boost to a form of health care delivery that has seen slower growth amid the economic downturn.
Like its rivals, Target’s clinics will be open seven days a week with no appointment needed. They treat patients for routine illnesses and injuries such as ear and sinus infections, skin treatments and certain vaccinations. Get the full story »
Discounter Target Corp posted uninspiring results while BJ’s Wholesale Club Inc missed Wall Street profit estimates and cut its full-year forecast, sending shares in both companies lower. Get the full story »
Mayor Richard Daley speaks during the grand opening of the Wilson Yard Target on Tuesday, July 20, 2010. (William DeShazer/Chicago Tribune)
By Becky Schlikerman | Mayor Richard Daley and other supporters of a beleaguered Uptown development marked a major milestone today by celebrating the completion of a Target store that anchors the Wilson Yard project.
The new store finalizes a decade-long battle to redevelop the site of a burned-down CTA bus barn. The store will open on Sunday.
“This has been a very long time coming,” Ald. Helen Shiller (46th) said. “There were times it seemed this wasn’t going to happen.” Get the full story »
J.C. Penney Co. (JCP) plans to grow its online sales by at least $1 billion in the next few years as the retailer restructures itself into a digital marketplace.
While the company isn’t giving up its roots as an operator of brick-and-mortar stores, J.C. Penney’s undertaking involves traditional online efforts, tie-ins with mobile devices, social-networking websites and structuring the more traditional stores as virtual shops. Get the full story »
