NEW YORK — Target Corp. may have trouble retaining its status as a retailing phenomenon while it tries to keep up with its own ultrahip image, ultratough competition and ultrahigh expectations.
While Wall Street generally remains bullish on the Minneapolis-based retailer, analysts acknowledge the firm, with its own presence expanding and bankrupt Kmart waning, is increasingly going toe-to-toe with Wal-Mart — the world’s largest company and a competitor that continues to get better, as well as bigger.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)