Target, Inc.

Target Corp. has selected DemandTec’s nextGEN Assortment Optimization software service to further tailor and localize its assortments.

CPG powerhouse Procter & Gamble yesterday took the wraps off its years-in-the-making program to help consumers whom the company calls the “Sustainable Mainstream” make simple choices based on resource conservation.

Walmart won top honors as the most valuable retail brand, followed by Target (No. 2), Best Buy (No. 3), The Home Depot (No. 4) and Walgreens (No. 5), according to a ranking of the top 50 retail brands by Dayton, Ohio-based branding consultancy Interbrand Design Forum.

Target yesterday launched a scannable mobile coupon program that allows users to receive exclusive offers directly on their mobile phones and redeem them by scanning a bar code on the phone at checkout.

The Retail Industry Leaders Association (RILA) has introduced the first-of-its-kind Retail Litigation Center (RLC), with aim providing the retail industry with a voice on crucial legal issues.

Target Corp. posted a better-than-expected 55 percent increase in profits for the fourth-quarter, thanks to improved food, apparel and other nonessential product sales.

Supervalu’s Chicago-based Jewel-Osco subsidiary is cutting 110 store director positions amid a realigned store leadership model to become more efficient and competitive in the marketplace.

Americans’ Satisfaction with the goods and services they buy stayed strong in the fourth quarter of 2009, according to the American Customer Satisfaction Index (ACSI).