Target Q1 2023 Results
corporate.target.com | May 17th, 2023Target’s Q1 Earnings Have Been Released and We Have All the Details Below -
We continue to support Target’s growth as they differentiate through ease, value, newness, and convenience. If you are interested in learning more about how JMC supports Target shoot us a message!
Read Target’s full Q1 results here!
National Retail Federation - Monthly Economic Review: May 2023
nrf.com | May 11th, 2023The economy remains durable – not recessionary – in early 2023
The World Health Organization says the pandemic is over but we are still facing economic challenges and threats of a potential recession years later. The effects are being felt by households and businesses across the United States.
Read May’s economic review here!
2023 New Beauty Award Winner - Nodpod
newbeauty.com | April 6rd, 2023Nodpod awarded for The Best Wellness Sleep Mask
JMC is celebrating our partners at Nodpod for winning the 2023 New Beauty Award for The Best Wellness Sleep Mask! If you are dreaming of a good night's sleep, you must try Nodpod, the cozy weighted sleep mask for your eyes!
Visit the link to get yours here!
Tiny Tags Launches at Target
Target.com | April 3rd, 2023Tiny Tags Launches Their Limited-Time Collection
Congrats to our partner, Tiny Tags, as they launch their thoughtfully designed, limited-time bespoke collection only at Target! Check out the collection online and in select Target stores, Just in time for Mother's Day.
Find your favorite here!
Global Pet Expo March 2023 - Orlando, FL
Global Pet Expo| March 23st, 2023Rebecca Dixon represented JMC at Global Pet Expo this week! So fun to catch up with Danielle Mann - Bellamy, in person to check out the Natural Dog Company booth. We love our all of our Pet vendors!
WBENC Conference March 2023 - Nashville, TN
WBENC| March 23st, 2023Our CEO, Camille Thomas, and Vendor Development Specialist, Tiffani McCallon, at the WBENC conference held in Nashville, TN. Such an amazing opportunity and fun experience to be part of!
Target’s 2022 Q4 Earnings
cnbc.com| March 1st, 2023Topping Wall Street’s Earning Expectations for the first time in a year!
Target topped Wall Street’s earnings expectations for the first time in a year. Essential items lifted sales as consumers focus on necessities including groceries, beauty items, and household essentials. Its holiday-quarter sales rose roughly 1% from the same period a year prior, and customer traffic which includes online and in stores, grew by 0.7% in the fourth quarter.
Read the full article here!
Target Expanding Next-Day Delivery Capabilities
Target.com | February 23th, 2023Bringing Speedier Delivery to More Guests
Target is investing $100 million to add more than half a dozen new sortation facilities to their already best-in-class supply chain sortation network by the end of 2026. Sortation centers are expected deliver 50 million packages in 2023, doubling 2022 output and expanding next-day delivery capabilities for the Target guest!
Read the full article here!
Desserts On Us Launches New Spring Cookie Flavor with Target
Target.com | February 16th, 2023Milk Chocolate, Macadamia, & Apricot - YUM!
Desserts On Us launched a new cookie flavor at Target this past Sunday, 2/12. Partnering with Target’s Owned Brand, Favorite Day, you can now find this festive spring-time flavored cookie on Target shelves.
Check them out at Target.com here!
12 Game-Changing Pieces of Cleaning Advice, According to the Pros
Real Simple | February 10th, 2023Let an App Evaluate Your Cleaning Products
James Dudra, the co-founder of Therapy Clean, recommends using ThinkDirty, an app that educates consumers on the potential toxins in household products and assigns a rating score. "One of the easiest things consumers can do is to educate themselves on the ingredients used in their cleaning products...simply scan the barcode and have a better understanding of the material, function, and safety." The app can help you evaluate the formulas behind your cleaning products, so you know exactly what you're bringing into your home.
Read the full article here!
Farewell, 2022! Here’s a Look at Target’s Top Moments from the Past Year
Target | January 17th, 20232022 was full of progress, investments, challenges and accomplishments, and through it all, Team Target didn't miss a beat, bringing joy and inspiration to our guests all year long. While we have lots in store for 2023, let's bid adieu to 2022 with highlights from the past year.
Read the full article here!
NodPod - GMA Deals & Steals!
JMC Retail Group | January 19th, 2023Want to use “the best sleep mask you have ever ever ever ever used”? Check out NodPod and their weighted eye blankets & body blankets on GMA deals & steals!
Target Black History Month Partnership
JMC Retail Group | January 19th, 2023We are proud to partner with Black Owned businesses and designers like Dihandria Bright & PillowScript on the development of the Shine & Glow pillows. Check them out at your local Target!
Happy Holiday’s from JMC Retail Group!
JMC Retail Group | December 14th, 2022The JMC Retail Group Team celebrated the Holiday’s today by going to a team lunch at a favorite local restaurant, playing fun games, a cookie exchange, and a Secret Santa gift exchange!
Wishing you all a Merry Christmas & Happy New Year!
St. Louis Park Public Schools Clothing & Perishable Food Donation
JMC Retail Group | November 21, 2022Tis’ the season to clean out your closet and donate to a great cause! Here at JMC, we had the opportunity to donate gently used clothing and perishable food items to a local high school – St. Louis Park Public Schools. If you are local and interested in donating, we’ve posted ways you can help or feel free to reach out to us for more information!
Women Presidents Organization: Minnesota Professional Day 2022
JMC Retail Group | September 14, 2022Our CEO, Camille Thomas, had the honor of speaking about the economic impact on retail along with Tawanna Black, Kate Kelly, Tonya Allen, & Beth Kieffer Leonard at the annual WPO Minnesota Professional Day.
Thank you for hosting Women Presidents Organization!
Celebrating the Creators, Artists and Founders Behind Target’s 2022 Latino Heritage Month Collection
Target | September 9, 2022Latino Heritage Month is almost here, and the Bullseye has lots for our guests to be excited about. On top of our year-round offerings (more on that below), we’re kicking off the celebration with this year’s exclusive Latino Heritage Month collection. Think: more than 90 Latino-owned and founded finds, from apparel and accessories and books to movies, music, games, food and more, as well as only-at-Target creations designed by Latino artists. Plus, we’re partnering with JZD, a lifestyle brand that celebrates Latina community and culture, on apparel and accessories exclusively for Latino Heritage Month.
All in, our goal is to show recognition to Latino communities during Latino Heritage Month and beyond — offering products that bring our guests joy while spotlighting Latino-owned and founded brands. Read on to hear from some of the creative minds behind the collection — and learn how we’re supporting Latino brands and businesses year-round.
Read the full article here!
Target’s Upping their Style Game with a New, First-of-its-Kind Target Owned Brand, Future Collective
Target | September 9, 2022Looking for fashion inspiration this fall — and beyond? We’ve got you covered. Introducing Future Collective — a new, first-of-its-kind Target owned brand coming to select stores and Target.com on Sept. 11. Target’s well-known as a destination for accessible design and a portfolio of owned, exclusive and national brands. (We just launched Houston White x Target, another exclusive, fashion-forward brand.) Now we’re upping our style game even more with Future Collective, featuring collections co-designed with a rotating roster of style and cultural influencers with diverse points of view in fashion.
The goal? Capture each influencer’s unique style and personality and bring it straight to our fashion-conscious guests. Each influencer’s collection will share a new style story and aesthetic, providing on-trend options — all at a value you’ll only find at Target. (Stay tuned — two more influencer partnerships are coming within the first year of this brand’s launch.)
Read the full article here!
SuperZoo 2022
JMC Retail Group | August 25, 2022Our very own Jamie Quinn checking out all the fun at SuperZoo 2022!
High income shoppers have already spent nearly $9B on beauty in 2022: report
Retail Dive | August 30, 2022Dive Brief:
Consumers with an annual household income of over $100,000 have spent nearly $9 billion on beauty products in the first half of 2022, according to a report by The NPD Group.
That marks an increase of 14% year over year, with Gen X and millennials leading spending.
The double-digit growth is due to a combination of more buyers in the market and consumers spending more compared to 2021, per the report.
Dive Insight:
Even as many households have cut discretionary spending during a time of high inflation, the beauty category is showing signs of resilience.
Eighty-five percent of consumers have indicated a shift in their shopping behaviors, according to a recent Morning Consult survey. Yet, higher-income shoppers are more insulated from inflation and are less likely to alter shopping behaviors.
Moreover, high income U.S. households account for more than 40% of beauty sales revenue, according to NPD research.
“During this critical time when retail recovery is forced to coexist with mounting economic pressures, it is imperative for beauty brands and retailers to understand which consumers are most engaged and willing to spend,” Larissa Jensen, beauty industry adviser at NPD, said in a statement. “These behaviors can vary by beauty category but getting it right and acting on it can provide the competitive advantage necessary to succeed.”
Ulta, which sells a mix of mass and prestige beauty, defied most other retail’s earnings by reporting last week that net sales grew nearly 17%. The company said that its ongoing expansion of Mac and Chanel Beauty into more store locations contributed to a strong prestige performance, which saw double-digit growth in both skincare and beauty.
Read the full article here!
