Target is launching a new private-label food and beverage line that the Minneapolis-based retailer hopes will hit the sweet spot for indulgence-craving consumers. The Favorite Day brand, which will ...

Target says its food and beverage business is booming, with sales growing by more than $8 billion since 2019, to $24 billion, the retailer shared in a blog post and video August 7. Food and beverage ...

Target’s new private brand comes at a time when retailers are investing in store brands as a way to appeal to budget-conscious consumers. "We know that value is top of mind for consumers, and ...

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