Bauer Media Group has made no secrets about its love of print magazines. Evidence of that is its continued commitment to the newsstand and its aggressive strategy to keep launching new magazines. Over the past few years the company has been more than bullish about introducing new titles, which has worked out pretty well for them. Brands like Closer and Simple Grace, for example, have thrived on newsstands and gained recognition among industry pundits. But last year the company targeted an audience that some might think wouldn’t be all that interested in an old-school medium like print—female teens and tweens. Last year, Bauer Media Group launched five newsstand titles specifically for that audience, and added to a portfolio that already included four magazines for that segment of readers. So what is the company going to do for an encore? Well, we caught up with editorial director, Brittany Galla, to find out and learn more about the audience she serves. click Read More below for more of the story
Target Corporation (NYSE: TGT) today announced that its comparable sales in the combined November/December period grew 5.7 percent, on top of 3.4 percent growth in the same period last year. Results reflected strong traffic, positive store comps and comparable digital sales growth of 29 percent. Target expects that 2018 will be the fifth consecutive year in which its digital sales grow more than 25 percent.
Brian Cornell, chairman and Chief Executive Officer of Target Corporation, said, “We are very pleased with Target’s holiday season performance, which came on top of really strong results in the same period last year. This performance demonstrates the benefit of placing our stores at the center of every way we serve our guests, including both in-store shopping and digital fulfillment.
Given our fourth quarter outlook, we are on track to deliver Target’s strongest full-year comparable sales growth since 2005, market-share gains across all of our core merchandising categories, and double digit growth in Adjusted EPS. In 2019, we expect to build on this momentum as we gain further scale in our fulfillment capabilities and deliver profitable growth throughout the year.”
Target continues to expect fourth quarter 2018 comparable sales growth of approximately 5 percent. For the full year, the Company continues to expect Adjusted EPS of $5.30 to $5.50 and GAAP EPS of $5.41 to $5.61. The 11-cent difference between expected full-year Adjusted EPS and GAAP EPS is driven by discrete items already reported through third quarter 2018.
more at: http://investors.target.com/phoenix.zhtml?c=65828&p=irol-newsArticle&ID=2382923