Target introduces new home goods line
Target is betting that a reviving housing market will help boost the launch of a new line of home furnishings, Dow Jones reports.
To capitalize on homeowners who traditionally awake this time of year from a winter-spending slumber and start day-dreaming about new springtime projects, Target has unrolled the new Threshold line, with new bedding, rugs, kitchenware and other items. Here's more info from the company.
The Minneapolis-based retailer is clearing out more space in stores for home products, Dow Jones reported.
Target's home good sales are in need of a touch up. Furnishings and decor accounted for 18 percent of Target's sales in 2012, the same as 2011 and down from 19 percent in 2010, Dow Jones reports.