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Target Corporation-Retailer Profile with IT Spending by Geography - Technology Profile

  • Published Date: 29 Nov 2016
  • Number of Pages: 29
  • Category: Retail
  • Country: Global

Target Corporation-Retailer Profile with IT Spending by Geography - Technology Profile

Summary

"Target Corporation-Retailer Profile with IT Spending by Geography", report provides a technology overview of Target Corporation, including its ICT spend for 2016, information on key IT decision makers, and its primary IT contracts. Furthermore, the report focuses on the IT strategies adopted by Target in order to provide actionable insights for ICT vendors and service providers, when pitching their solutions to the company.

Currently, Target operates with 1793 stores and is headquartered in Minneapolis which makes Target the second biggest retailer in the US. Target offers a variety of products in categories such as groceries, health & beauty, apparel & accessories, electronics, entertainment, homewares and furniture. In recent years, Target has implemented an innovative strategy for their physical stores and online apperance to adapt to the latest digital trends and to attract new customers.

Scope

- Target’s business still focuses very heavily on physical stores despite efforts to promote digital (online and mobile) channels
- Target implemented various digital technologies, including Radio Frequency Identification (RFID) technology, digital service ambassadors for guiding customers, mobile apps, and the Open House connected home lab for multiple connected devices in IoT environments
- Target has invested in technology and supply chain operations in order to keep pace with major competitors and try to regain its market share.

Reasons to buy

- Get a detailed understanding of Targets IT spending by technology and geography, and its strategic and IT related priorities. This profile can help you target the retailer with tailored solutions and access the right decision-makers.

Publisher Name : GlobalData


1 Introduction 5
2 Regional and Country Operations 6
2.1 Overview of Geographic Coverage 6
2.2 Target US 7
2.3 Target Canada 8
3 Financial Information 9
3.1 Financial Breakdown of Countries Covered 10
3.2 Estimated IT Budgets for 2016 - US 11
3.3 Estimated IT Budgets for 2015 - Canada 12
4 ICT Decision Making Hierarchy 13
5 IT Services and Software Contracts 14
5.1 IT Services 14
5.2 Software 15
6 Stores and Formats 16
6.1 Target US 17
7 Target’s Distribution Centers 18
8 Data Centers and Cloud 19
9 Target’s Strategies 20
9.1 Current Trends 20
10 Technological Advance 22
10.1 Cyber Fusion Center (CFC) 22
10.2 Cartwheel Rewards Program 22
10.3 Beacon Technology 22
10.4 Chip-and-PIN Technology 22
10.5 Innovation Lab 23
11 Appendix 26
11.1 Further reading 29
11.2 Contact the authors 29



List Of Tables


Table 1: Target - Consolidated Income Statement (in US$ millions) 9
Table 2: Target - Consolidated Income Statement (in US$ millions) by Region 10
Table 3: US - ICT Spend Predictions (in US$ million) 11
Table 4: Canada - ICT Spend Predictions (in US$ million) 12
Table 5: IT Services - BPO 14
Table 6: IT Services - Infrastructure Outsourcing 14
Table 7: Software - Operating System, Software Infrastructure 15
Table 8: Software - Business Intelligence Tools, Database Management, Enterprise Applications, Storage, Vertical Specific Applications 15
Table 9: Planned Technology Priorities (Part 1) 24
Table 10: Planned Technology Priorities (Part 2) 25



List Of Figures


Figure 1: Target’s Store Counts 6
Figure 2: Target’s US - Sales by Channels 7
Figure 3: Target’s US - Store Formats 17



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