Latest news with #Target-exclusive
CNBC
10-05-2025
- Business
- CNBC
These household items have gotten pricier since Trump's tariffs announcement, new report finds
Not every day is a good day for Barbie, if prices for dolls in the U.S. keep rising amid President Donald Trump's tariff policy announcements. A series of household items including leggings, Barbie dolls power drills and washing machines have increased in price since Trump initially announced a sweeping set of global tariffs on April 2, according to an industry note issued by the Telsey Advisory Group on Tuesday. Between April 16 and April 30, the price of a Target-exclusive Barbie doll increased by nearly 43% to $14.99, up from $10.49, Telsey reported. A Whirlpool washing machine at Lowe's went up in price by nearly $82 to $599, over the same time frame. Other notable price hikes include Girl's Cat and Jack leggings at Target, which went up by nearly a third — to $6, from $4.50 — and a Dewalt drill at Tractor Supply that rose by $20, to $179. (As of Friday afternoon, the drill is on sale for $99.) The Telsey analysis included luxury items, too. A medium Louis Vuitton Neverfull tote bag will run you $2,130 today, for example — $100 more than on April 16, Telsey noted. The price changes in the Telsey note shouldn't be viewed as definitive evidence of tariff impact, its authors wrote. The group tracked only one or two items per analyzed company, and didn't account for extant discounts or internal pricing strategies. Some of the consumer items tracked by Telsey didn't change in price. Others became less expensive. But if higher consumer prices due to tariffs aren't yet a reality for Americans, they will be soon, said Telsey's note. "A consistent narrative across retailers and brands is that higher costs will be passed on to consumers," its authors wrote. "Many management teams are accelerating and attempting to make 'non-regrettable' decisions about the supply chain and/or product price changes." Each product tracked by Telsey was chosen based on factors like its expected longevity and connection to Chinese manufacturing. Most of the tariffs initially announced by Trump are paused until July 9, replaced instead by a 10% baseline tariff on all foreign goods — but Chinese imports currently face a levy of 145%. Many American companies that manufacture products in China have publicly discussed plans to diversify their supply chains. But few have expressed a willingness to relocate production specifically to the U.S., with some CEOs saying the country lacks the manufacturing expertise to make high-quality goods at business-friendly prices. "Design, development, product engineering, brand management all happens in America," Barbie-maker Mattel CEO Ynon Kreiz told CNBC's "Squawk Box" on Tuesday. "Making product, producing product in other countries, allows us to create quality products at affordable price points." Trump reportedly hit back at Mattel on Thursday, threatening to place a 100% tariff on the company if it took its manufacturing "somewhere else." It's unclear how exactly such a tariff could be implemented. The president also suggested on Friday that the U.S. could potentially lower its tariffs on China to 80%, still be a high rate. Previously, he indicated that consumers should simply buy fewer dolls, in response to price hikes. "I don't think that a beautiful baby girl needs — that's 11 years old — needs to have 30 dolls," Trump told NBC News' "Meet the Press" on Sunday. "I think they can have three dolls or four dolls, because what we were doing with China was just unbelievable."
Indianapolis Star
22-04-2025
- Entertainment
- Indianapolis Star
🌼 Joanna Gaines just dropped a new Hearth & Hand with Magnolia spring line at Target!
AI-assisted summary Joanna Gaines just dropped a new Hearth & Hand with Magnolia spring collection at Target. The collection features outdoor entertaining items like serving platters, kiddie pools and planters. Prices start at $4 and the collection is available in-store and online. The internet's favorite hostess just unveiled a new spring home collection that's designed to help you conquer the season in style. ICYMI: Joanna Gaines released a new addition to her popular Hearth & Hand with Magnolia line at Target, with a focus on all things spring and outdoor hosting. In typical Magnolia fashion, the collection reimagines the season's most treasured staples with a whimsical (and colorful) twist—think scalloped serving plates, plaid kiddie pools and rattan planters that are primed for indoor or outdoor use. Despite the elevated nature of the Target launch, prices start at just $4 and offer something for every type of host to shop—whether you're planning a backyard pool party, barbecue with friends or a neighborhood block party ahead of Memorial Day. . Hearth and Hand with Magnolia Vintage Wood Radio and Bluetooth Speaker Infuse a vintage flair into your next outdoor party with this wood radio that's equipped with all the bells and whistles of a modern Bluetooth speaker. $50 at Target Hearth and Hand with Magnolia Woven Paper Picnic Basket Tote What better way to enjoy the spring weather than with an outdoor picnic in your backyard or local park? This basket tote will help you transport all of your picnic essentials with ease. $30 at Target Hearth and Hand with Magnolia Plaid Inflatable Kiddie Pool No pool, no problem. Treat your kiddos to a day filled with water play, courtesy of this stylish kiddie pool that won't stick out like an eyesore in your backyard. $40 at Target Hearth and Hand with Magnolia Textured Kitchen Towels Round out your spring kitchen decor with these textured towels that'll add a welcomed pop of color. $10 at Target Shop Hearth & Hand with Magnolia spring arrivals Don't miss out! Get weekly deals, trends and product recommendations from USA TODAY Shopping delivered straight to your inbox. What is Hearth & Hand with Magnolia? Hearth & Hand with Magnolia is one of Target's best-selling collections—with Target-exclusive products that are available both in store and online. It was created in partnership with the founders behind the famous Magnolia brand, Chip and Joanna Gaines, and frequently releases new seasonal collections which include a range of products like kitchenware, home furnishings, decor and more. How to shop the Hearth & Hand with Magnolia collection: The entire Hearth & Hand with Magnolia line is available to shop exclusively at Target. Mattress shopping? Get free white glove delivery and up to $600 off Saatva mattresses Worried about tariffs? Switch to a budget-friendly phone plan to save on monthly bills Save up to $1,456 on Gordon Ramsay-approved HexClad cookware Save up to $600 on sustainable sleeper seating at Sabai Design's sale 77% off a lifetime Microsoft Office license ends soon! Grab this deal while you can
USA Today
21-04-2025
- Entertainment
- USA Today
🌼 Joanna Gaines just dropped a new Hearth & Hand with Magnolia spring line at Target!
🌼 Joanna Gaines just dropped a new Hearth & Hand with Magnolia spring line at Target! The launch has everything you need to conquer spring in style—from a plaid kiddie pool to a woven picnic basket and scalloped plate sets. The internet's favorite hostess just unveiled a new spring home collection that's designed to help you conquer the season in style. ICYMI: Joanna Gaines released a new addition to her popular Hearth & Hand with Magnolia line at Target, with a focus on all things spring and outdoor hosting. In typical Magnolia fashion, the collection reimagines the season's most treasured staples with a whimsical (and colorful) twist—think scalloped serving plates, plaid kiddie pools and rattan planters that are primed for indoor or outdoor use. Despite the elevated nature of the Target launch, prices start at just $4 and offer something for every type of host to shop—whether you're planning a backyard pool party, barbecue with friends or a neighborhood block party ahead of Memorial Day. Check out a few of our favorite home essentials from the new Hearth & Hand with Magnolia spring collection. 📲 More: Kate Spade's whimsical designs just dropped at Target for under $50 🌼 Shop spring arrivals from Hearth & Hand with Magnolia Shop Hearth & Hand with Magnolia spring arrivals What is Hearth & Hand with Magnolia? Hearth & Hand with Magnolia is one of Target's best-selling collections—with Target-exclusive products that are available both in store and online. It was created in partnership with the founders behind the famous Magnolia brand, Chip and Joanna Gaines, and frequently releases new seasonal collections which include a range of products like kitchenware, home furnishings, decor and more. How to shop the Hearth & Hand with Magnolia collection: The entire Hearth & Hand with Magnolia line is available to shop exclusively at Target. 📲 More: What's the difference between Target Circle and Target Circle 360?
Miami Herald
09-04-2025
- Business
- Miami Herald
Target unveils genius strategy to boost seasonal sales
Target has experienced a slight slowdown in various areas of its business over the last few quarters, causing net sales to decline by nearly 1% for the full year of fiscal 2024. To keep customers engaged, the retailer is prioritizing newness, increasing product offerings based on customers' needs while continuing to serve as a one-stop shop. Don't miss the move: Subscribe to TheStreet's free daily newsletter In an effort to boost sales and gain market share, Target has sealed multiple partnership deals with brands from various sectors, including a collaboration with the fitness company Peloton and a multi-year partnership with the apparel brand Champion. Related: Target announces expansion in new area parents will love Just this year, the retailer introduced 2,000 new wellness products from Target-exclusive, national, and emerging brands. It also increased its Target Plus portfolio to over 1,500 partners and grew its marketplace. With all these changes and improvements, Target aims to drive more than $15 billion in sales growth by 2030, as the company said in an announcement unveiling its multi-year growth strategy. Target (TGT) stated its customers' willingness to spend on newness in its latest earnings call, despite the current softening in consumer spending due to inflation and economic uncertainty. It claims it has seen the highest sales when new seasonal products are released, like during Valentine's Day, which led to record-high sales. "Shoppers turn to Target for the most important seasons and celebrations in their lives - and for all the small moments of discovery and delight that make the everyday extraordinary," said Target's Executive Vice President and Chief Guest Experience Officer Cara Sylvester in a press release. Related: Target makes bold move to answer Walmart, Amazon To continue the seasonal shopping momentum, Target launched its new spring marketing campaign in April, along with the release of various new products, to encourage consumers to shop at Target rather than its rival retailers. As an incentive to all shopaholics, Target is expanding spring and Easter offerings by introducing many trendy products across multiple sectors, including apparel and accessories, home, food and beverage, beauty, and more. The best part is that most items retail for less than $20. Target wants to get customers in a festive mood by transforming its stores into an immersive "garden party" experience with festive spring-themed displays and decorations. It is also revamping its digital e-commerce platforms to channel the "spring bloom" for those who prefer shopping online. More Retail News: Starbucks makes shocking pricing move customers will loveNational clothing retailer makes key change after bankruptcyForget McDonald's, Walmart adds a new restaurant partner Additionally, the retailer will promote seasonal shopping and incentivize consumer engagement by posting Spring Breeze-themed content on its social media accounts, creating brand awareness while staying current on the latest technological marketing strategies. Target plans an Instagram takeover featuring lifestyle creators and transition videos to give customers ideas on how to use and implement the company's products in their everyday lives. "Shoppers continue to seek differentiated options and distinctive shopping experiences without sacrificing value, and Target has the scale, strategy, and capabilities to support all the ways consumers shop and engage with brands," said Target's CEO Brian Cornell in the press release regarding its growth strategy. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Miami Herald
24-03-2025
- Business
- Miami Herald
Target announces expansion in new area parents will love
Over the last few years, Target has been experiencing a tumultuous time, facing backlash and boycotts due to its multiple controversial business and political moves. These moves have led to a concerning slowdown in various areas of its business like never before, causing net sales to decline by over 3% during the fourth quarter of fiscal 2024. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter To get back on track, Target is prioritizing newness in its business, investing in increasing its product offerings based on customers' needs while continuing to deliver everyday value. Related: Target slammed with lawsuit as investors demand refunds In its latest earnings call, the company stated its customers' willingness to spend on newness despite the current softening in consumer spending due to inflation and economic uncertainty, as it has seen the highest sales when new seasonal products are released, like during Valentine's Day, which led to record-high sales. In January, the retailer introduced 2,000 new wellness products from Target-exclusive, national, and emerging brands. It also increased its Target Plus portfolio to over 1,500 partners and grew its marketplace. Related: Target announces major deal to win back shoppers To boost sales and gain market share among new customers, Target has sealed multiple partnership deals with brands from various sectors, including its collaboration with the fitness company Peloton and a multi-year partnership with the apparel brand Champion. Over the last year, it also relaunched some of its Target-exclusive brands to foster innovation and stay updated with trends. The company aims to expand its brand offerings and assortment to become a one-stop shop that attracts new shoppers and keeps loyal customers returning. On Mar. 20, Target (TGT) announced it is expanding its baby and toddler selection by introducing over 2,000 new items across the nursery, apparel, food, and toys category from Traget's own brands, as well as new and emerging brands. This expansion aims to provide customers with more offerings and value since over half of the new additions are exclusively sold at Target, and more than two-thirds are under $30. "One-fourth of our guests are shopping for baby, and we're curating our assortment to give them just what they need. From daily must-haves like diapers to trending items like baby skincare and adorable, affordable gifts to celebrate each baby milestone, we're supporting families throughout the parenting journey with products that bring joy and convenience to their everyday lives," said Target Senior Vice President for Merch Essentials and Beauty Amanda Nusz. The new items include products from various brands that consider the needs of children and parents equally to support them in all areas and stages of their lives. These include health, wellness, and post-partum support products and on-trend apparel. More Retail News: Luxury fashion brand enlists controversial new partnerPopular apparel retail chain is looking at big changes after latest announcementSHEIN sued by luxury fashion house over controversial issue Additionally, Target has expanded its gift assortment and created a baby registry to make celebrating easier. This latest expansion will add more than 30% more newness to Target than last year, standing as a testament to Target's commitment to increasing its product assortment and meeting its customers' needs. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
