Word: targetting
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...ideas - and no shortage of optimism - about how to find the holy grail of AIDS research. Their approach to vaccine development, outlined online on March 15 in the journal Nature, is to abandon the as yet fruitless search for a magic bullet - which zeros in on just a single target to halt the virus - and instead try to mimic the body's natural, if rare and more diffuse, defense against the virus...
...Steinhafel also said that Target would sell perishables in most new and remodeled general-merchandise stores; the retailer plans to open 75 new locations this year. The company already sells meat and produce in its 245 "SuperTarget" locations (Target has 1,700 stores nationwide). Target has already enhanced its food investment in two general-merchandise stores in the Minneapolis area. Davidowitz, for one, is impressed. "When I checked the perishables, they are very fresh, very well presented, very appetizing, and people were buying them," he says. (See the top 10 food trends...
...Despite these efforts, Target's transformation won't guarantee success. It's hard for a retailer to shake its reputation as a clothing outlet, while at the same time quickly mastering the management of perishable grocery items. "You can't just flip the switch and change the store overnight," says David Heupel, a senior equity portfolio manager at Thirvent Financial in Minneapolis. Plus, if Target drops grocery prices below Walmart's levels, the big boy will quickly respond. "There's no reason to put a stick in the bear's eye," says Ed Weller, a retail analyst at ThinkEquity Partners...
...wares; it has focused on food for a long time, and is really hitting a stride during the recession. "Walmart works hard to build a strategy around groceries," says ARG's Beemer. "They look at groceries as a way to get people in the store for the first time. Target sees it as an add-on sale." In a research note titled "It's Walmart's Time & Investors' Opportunity," Deutsche Bank analyst Bill Dreher Jr. wrote, "Bottom line, Walmart is executing flawlessly...
...Target reach Walmart's level of excellence? It may have to rethink its mission. Issac Mizrahi is nice. But now shoppers want to see meat and potatoes...