MINNEAPOLIS — Target Corp. on Friday said it will unveil 10 smaller, urban footprint stores in 2012, with the first unit bowing in downtown Seattle, just two blocks from Pike’s Market.
The announcement was made during a media conference held at Target Field here, home of the Minnesota Twins. John Griffith, executive vice president of property development, said the size of the stores would be 60,000 square feet to 100,000 square feet. That’s roughly half the size of a typical Target, which ranges from 125,000 square feet to 180,000 square feet.
Griffith said after Seattle, the urban prototype will roll out to San Francisco, Los Angeles, Chicago, Boston, New York, Philadelphia, Miami and the Washington, D.C., area.
Target didn’t discuss the type of merchandise the urban stores will carry, but it’s expected to focus heavily on food and essentials. “We’re trying to fit the Target to the market and not the other way around,” Griffith said.
The cities Target selected have large downtown populations with at least 100,000 people living within a two-mile drive of the store.
Target operates a handful of downtown sites, including Atlantic Terminal in Brooklyn and a new unit in Harlem that opened in July.
Target’s main rival, Wal-Mart Stores Inc., is planning its own aggressive push into urban markets with a new small format with 20,000 square feet of space, a fraction of the size of its Supercenters.
In other Target news, the 1,743-unit chain in June completed the remodeling of 400 stores and added grocery areas called P-Fresh to many SuperTargets.
After an initial test in Kansas City, a new credit card program that offers shoppers the opportunity to save 5 percent on each store visit rolled out to the entire chain, said Doug Scovanner, executive vice president of finance and chief financial officer.
Despite the difficult economy, Target’s sales for the first six months rose 4.7 percent, said Scovanner.
Target revealed one of its holiday promotions. The retailer invited 50 musical acts, from pop to choral to country, to submit an original Christmas song. Six songs will be selected for Target.com where consumers will be able to download them for free starting on Nov. 25.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)