Target says it will buy online-only store miss a deal
MISSING a deal online-focused store?
Target will buy the company that makes it.
The discount retailer has acquired The Ce Shop, a business it bought in 2012 for $100 million in cash and stock.
The Ce Shop has been around since 2009 and has been sold to other retailers, including Macy’s and J.C. Penney.
It has a huge following in the UK and the US, where it has stores and stores of its own.
Target spokeswoman Erin Ladd said the company would “help” the company “build on its strengths”.
The Ce Online store was launched in 2013 and has sold more than 2 million items since then.
It offers a range of online-branded clothing, shoes, shoes and accessories, with a focus on women’s fashion, as well as a selection of clothing and accessories for men.
The online shop is part of the Target Group, which includes Target.com and Target.ca.