Demand for grocery delivery cools as food costs rise
Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Then earlier this spring, Raschke learned her rent was increasing by $617 per month. U.S. demand for grocery delivery is cooling as prices for food and other necessities rise.news.yahoo.com
Letters: No blame for Biden
What would those people think of us today with our spoiled lifestyles and really not caring for our fellow man? Our globe is being razed for profit and overrun with humanity to the point it may become uninhabitable. One half of our United States is in a dire drought and the water shortage is becoming unmanageable! Our country is in an upward spiral of inflation, caused by easy money from the Federal Reserve. Huge tax cuts for the rich will solve all our ills — how’s that working out for working class/poor?myrgv.com
Couple arrested for drug possession outside Mission Target may have used child to avoid detection
New details reveal the couple arrested Friday outside a Target in Mission may have used their 2-year-old child as a tactic to evade detection during a drug deal. Drug Enforcement Administration agents were tipped off about a possible drug sale involving 3 kilograms of cocaine Friday. After the transaction, the gray truck loitered in a nearby park before driving away. Flores’ truck came to a stop outside the Target when it was surrounded by law enforcement vehicles. According to the complaint, the use of children in a drug transaction is a common strategy used to avoid suspicion from law enforcement.myrgv.com
DEA arrests 2 in bust at Mission Target
Federal authorities with the Drug Enforcement Administration arrested two people outside of a Target in Mission on Friday afternoon. A truck driving near the store’s entrance was stopped by agents around 3 p.m., Sally Sparks, the Houston DEA media relations spokesman, said Friday. A woman who was driving was also taken into federal custody, and a child in the vehicle was reunited with other relatives. Sparks said she could not comment on the specifics, including the relationship between the two people arrested, but described it as part of a standard DEA operation. No injuries were reported and safety was maintained, Sparks noted.myrgv.com
Target warns of profit drop as moves to purge excess inventory
Placeholder while article actions loadTarget warned Tuesday that it has far too much inventory, forcing it to drop prices, cancel orders and cut its profit outlook to clear out the excess. The retail giant’s plan to “right-size” its offerings comes as consumers are being hammered by soaring food and fuel prices, leaving far less for discretionary spending. The Minneapolis-based chain cited supply chain pressures and rising expenses, factors that also hurt Walmart and helped spark a broader market sell-off that erased more than 1,100 points off the Dow Jones industrial average. AdvertisementTarget said Tuesday it is taking unspecified “pricing actions” to help offset unusually high transportation and fuel costs, and also working with suppliers to shorten travel distances in its supply chain. It is also adding “incremental holding capacity” near U.S. ports to make sure it can handle a future spike in inventory.washingtonpost.com
Epic goods-buying spree wanes, as consumers ramp up services spending
For more than two years, while Americans rode out the pandemic by bingeing on televisions, furniture and home improvements, businesses that relied on face-to-face commerce suffered. Now, consumers are returning to their pre-pandemic habits with the balance between goods and services spending back to where it stood in May 2020.washingtonpost.com
Stocks stage cautious rebound after a bruising week
Choose your plan ArrowRight The Dow Jones industrial average gained 200 points, or 0.65 percent at the open but remained on track for its ninth straight losing week. AdvertisementJPMorgan said this week that the market is pricing in a 70 percent chance of near-term recession, suggesting investors lack confidence the Fed can contain inflation without triggering a downturn. Fed officials have been attempting to pace increases so as not to smother economic growth, a difficult balance to strike. Asian markets closed higher across the board, led by Hong Kong’s Hang Seng Index, which surged nearly 3 percent. European indexes followed suit, with Britain’s FTSE100 and Germany’s DAX climbing nearly 2 percent in midday trading.washingtonpost.com
Stocks fall sharply as Target's woes renew inflation fears
NEW YORK (AP) — The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Target and other major retail[San Marcos, TX] [Hays County news] News San Marcos News, San Marcos Record [Texas State]sanmarcosrecord.com
These San Antonio grocery stores are helping you beat the heat with delivery, curbside services
Long lines and crowded aisles at the grocery store can get old real quick. It leaves you wondering if there’s a simpler way to get your shopping out the way without all the added stress of wait times and bumping into strangers as you make your way to the register.
Ear piercing coming to Target stores in San Antonio
SAN ANTONIO – Target and Rowan have teamed up to bring ear piercers to select stores in Texas and across the country. Rowan, a trendy earring shop and ear piercing service, will soon have piercing nurses at seven San Antonio-area Target stores. AdKSAT has reached out to Target to ask if the service will be added to other stores in Texas or the San Antonio area in the future. So far, the service is also available at Target stores in Austin, Dallas, Fort Worth and Houston. Rowan currently offers an at-home piercing service in the Houston area for $135.
Jump in hiring fuels optimism for US economic recovery
That is down dramatically from 14.8% last April, just after the virus erupted in the United States. AdAlso hiring last month were retailers, which added 41,000 jobs, health care companies, with 46,000, and manufacturers, with 21,000. But state and local governments have slashed 1.4 million jobs since the pandemic erupted, including 86,000 last month, and most have instituted hiring freezes. The Congressional Budget Office projects the nation will add a substantial 6.2 million jobs this year. Sounding an optimistic note, he said: “There’s good reason to expect job creation to pick up in the coming months."
Target powers through a pandemic; 2020 sales growth explodes
FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. The moves come as Target extended its sales streak through the holiday quarter and sales grew by more than $15 billion. Online sales soared 118%. In the previous quarter, same-store sales rose 10%, while online sales spiked 155%. Late last year, it signed a deal with beauty chain Ulta Beauty that will place Ulta shops in more than 100 Target stores by mid-2021.
One Target store in San Antonio is getting a mini Apple shop
SAN ANTONIO – One San Antonio Target is getting a new, exciting addition — a mini Apple store. The Target store located at 18255 Blanco Road will be receiving the new Apple shop, although it’s unclear when specifically this will launch. If you can’t make it to the store in-person, Target has also launched an online Apple store section on its website. To see the full list of Target stores getting the new Apple additions, click here. RELATED: Discount art supply store, a ‘first’ of its kind in San Antonio, opens on North Side
US jobless claims at 730K, still high but fewest in 3 months
The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. Jobless claims declined by 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. Still, before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000. The latest figures coincide with a weakened job market that has made scant progress in the past three months. AdAll told, 19 million people were receiving unemployment aid as of Feb. 6, up from 18.3 million the previous week.
These businesses are donating to winter storm relief efforts in San Antonio, across Texas
SAN ANTONIO – The Insurance Council of Texas is predicting that the winter storm that walloped Texas this month could be the costliest winter storm in state history. Many people in San Antonio and across Texas are dealing with problems caused by the snow, ice and frigid temperatures. In San Antonio, $100,000 is going to support Haven for Hope and the San Antonio Food Bank. AdH-E-BH-E-B announced a donation of $1 million to support 18 Texas food banks. AdToyotaToyota has donated $1 million to help Texas recover from the winter storm damage, including $300,000 in San Antonio.
Federal Reserve sees modest pickup in hiring this month
The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. (AP Photo/Steven Senne, File)WASHINGTON – The Federal Reserve says there's evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. In its semi-annual monetary policy report released Friday, the Fed said it has been watching job data compiled by payroll processor ADP. AdThe report will form the basis for Federal Reserve Chair Jerome Powell's testimony next week before committees in the House and Senate. Hiring has stalled in the past three months, with job gains averaging just 90,000 a month from November through January.
Texans running out of food as weather crisis cripples supply chain
A Fiesta grocery store in South Austin saw a shortage of some goods as customers stocked up early in the week. From farm to table, freezing temperatures and power outages are crippling the supply chain that people rely on for food every day. Some are storing their remaining rations in coolers outside, and trips to the grocery store often do little to replenish pantries. Several food banks affiliated with Feeding Texas have also started providing food supplies to emergency warming shelters in the state’s major cities. AdFor Texas residents, disruptions to the food supply chain, often combined with continued power outages, mean eating non-perishable canned goods or leftover items like peanut butter and jelly sandwiches.
We are loving the hundreds of items made by, for the Black community from this popular store
Target’s Black History Month 'Black Is Beautiful' Sweatshirt comes in sizes for the whole family. There are plenty of ways to do just that, but we’re really digging doing so by supporting Black designers and business while also showing off and promoting a strong Black legacy. In its sixth year of celebrating Black History Month, Target is showcasing Black voices, heritage, ingenuity and creativity with its biggest BHM collection ever. In addition to apparel, the 2021 Black History Month collection includes an assortment of gifts and accessories, like this planner. This Black History Month collection is just one piece of Target’s Black Beyond Measure campaign.
US consumer prices up 0.3% in January, led by energy spike
U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that the price spike seen this summer is beginning to fade as coronavirus cases start to increase. (AP Photo/Rogelio V. Solis)WASHINGTON – U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest. Core inflation, which excludes volatile food and energy costs, is also up 1.4% with core prices unchanged in January. “Consumer price inflation remains very tame,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics, predicting that the upcoming rise in year-over-year inflation figures should be transitory.
Biden boosting vaccine allotments, financing for virus costs
Starting next week, 1 million doses will be distributed to some 6,500 pharmacies across the country, the White House said. The administration is also boosting by 500,000 the weekly allocation of vaccines sent directly to states and territories for the coming weeks, up to 10.5 million. It is allowing state and local governments to receive additional federal dollars to cover previously incurred expenses relating to the pandemic. The number of participating pharmacies and the allocation of vaccines are expected to accelerate as drug makers increase production. The Biden administration has sought to increase certainty to state governments on their upcoming allocations to streamline deliveries and prevent stockpiling of second doses for the two-dose regimens.
Target giving $500 bonus to frontline employees
(AP Photo/Nati Harnik)SAN ANTONIO – Target officials have announced that front-line employees who have been working hard in the midst of the coronavirus pandemic will be rewarded with a bonus. The retailer announced Monday that it’s giving $500 bonuses to all hourly team members in stores, distribution centers, headquarters and field-based offices. The bonus that Target provided relieved some of the stress we were experiencing as a family. Target officials announced that they plan to extend coronavirus benefits in 2021 to help team members navigate the pandemic. Target currently has 57 jobs available in the San Antonio area within a 35-mile radius, according to the company’s website.
Retail group: holiday sales up 8.3% amid big spending shift
The nations largest retail trade group says Friday, Jan. 15, 2021, that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. (AP Photo/Rogelio V. Solis, File)NEW YORK – The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The retail sales figures exclude sales from autos, restaurants and gas. The non-seasonably adjusted holiday figures, contrast with a downbeat report Friday from the Commerce Department that retail sales fell a seasonally adjusted 0.7% in December from the month before. However, the government reported a 3.7% retail sales gain in November and a 2.9% gain in December compared to the year-ago periods.
U.S. retail sales fell in December for 3rd straight month
A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla. Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month before, a decline Wall Street analysts weren't expecting. The Commerce Department said sales even fell online, down nearly 6% after rising 19% for the year. At restaurants and bars, sales fell 4.5% in December as states restricted in-person dining, ending the year down 21%. The nation’s largest retail trade group said that when car, restaurant and gas sales are taken out, and when non-seasonably adjusted numbers are compared from a year ago instead of month to month, sales in November and December actually rose 8.3% from the year before.
Target continues to thrive in whirlwind retail environment
Targets strong sales streak extended through the holiday season, as shoppers snapped up everything from clothing to home goods during the pandemic. The Minneapolis company reported Wednesday, Jan. 13, 2021, that its online sales surged 102% for the November and December period. The retailer reported Wednesday that online sales surged 102% between November and December. A fuller picture of the holiday season sales will come on Friday when the U.S. government releases its December retail sales figure. Tiffany & Co. last week reported a 2% gain in preliminary holiday sales, helped by strong sales in China and online.
Valentine’s Day hot cocoa bombs are here, and we are so excited
One of the good things to come out of 2020 was hot cocoa bombs, the delicious chocolate globes filled with hot cocoa mix and marshmallows that melt when hot milk is poured over them. They were all the rage during the holiday season, and it looks like they’re not going anywhere any time soon, thanks to Valentine’s Day hot cocoa bombs from Target. That’s right: The lovely folks at Target are selling a strawberry and cream-flavored hot cocoa bomb for just $2.99. According to the store’s website, you can’t order these hot cocoa bombs online, but you can search and see if a Target near you has them in stock. It felt like it was impossible to snag a hot cocoa bomb during the holidays, so we wouldn’t be surprised if they sold out again.
Police: Man steals mini-snow plow, crashes into Target
Logo is visible on facade at Target retail store under dramatic sky in San Ramon, California, May 30, 2020. (Photo by Smith Collection/Gado/Getty Images)BAY SHORE, N.Y. – A Long Island man has been arrested after a Christmas morning crime spree that gave new meaning to the term doorbuster. He then crashed the mini-snow plow through the front doors of a nearby Target. No one was injured, but the front doors of the store “suffered extensive damages," police said in a news release. Shuffle, 33, of Deer Park, pleaded not guilty Friday to third-degree burglary and fourth-degree larceny.
World’s smallest Target store in Marathon, Texas, has been demolished
MARATHON, Texas – RIP Target Marathon. It’s referred to as the world’s smallest Target and it stands off US Highway 90 outside Marathon, Texas, in remote Brewster County. In fact, it’s not actually a Target store, but a former railroad structure with the store’s logo painted on it. The nearest real Target stores are a couple of hours away in Odessa and Midland. (Nan Palmero/Flickr)The iconic Target in Marathon is no more.
Sephora to take over cosmetics in Kohl’s stores
NEW YORK – Sephora will be replacing all cosmetics areas at Kohl’s with 2,500 square foot shops, starting with 200 locations in the fall of next year. Earlier this month, Target said it would be opening Ulta Beauty shops in more than 100 stores next year. J.C. Penney said its developing its own cosmetics area to replace Sephora when that agreement ends. Rougeot said Sephora was attracted to Kohl's because of its network of 1,100 stores, mostly outside of malls. The Sephora shops, which will feature about 100 brands, will be at the front of Kohl's stores.
Target gains steam heading into crucial holiday season
Customer traffic rose 4.5% and average dollars spent rose nearly 16%. Its total sales rose 21.3% to $22.34 billion. During the latest quarter, drive-up sales increased more than fivefold, while order pickup continues to increase with more than a 50% increase. Last week, Target announced a deal with nation’s largest beauty store chain, Ulta Beauty, that will place Ulta shops in more than 100 Target stores by mid-2021. The shops, which will each be about 1,000 square feet and carry makeup, skincare, and fragrance, will operate beside existing beauty sections in Target stores.