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Target (NYSE:TGT) is offering more
Levi Strauss (NYSE:LEVI) merchandise. This is important for the retailer, which relies on exclusive partnerships to offer its shoppers unique merchandise. Under the Levi s for Target program, Target will sell over 100 items in several areas, including home goods and pet accessories, with most selling for under $25.
Although the companies are only offering these goods for a limited time, this will undoubtedly help bolster traffic to its website and stores.
NEW YORK Jeans maker Levi Strauss & Co. is deepening its partnership with Target Corp. by launching its first-ever home collection at the discount chain.
By Doug Barrett
Jan 31, 2021 9:33 PM
U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month. The decline reported today by the Commerce Department followed a seasonally adjusted 0.7% drop in November. It’s the latest sign that consumers, whose spending is the primary driver of the U.S. economy, are hunkered down and avoiding traveling, shopping and dining out.
The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was still a record high for December. The National Association of Realtors says its index of pending sales dipped 0.3% to 125.5 in December, an all-time high. An index of 100 represents the level of contract activity in 2001.
Leviâs has stitched up another partnership with Target, but this one isnât restricted to just denim.
After a decadelong relationship with Target, Leviâs is launching a limited-time, exclusive home and lifestyle collection at Target with more than 100 items from dishware to pet beds.
Itâs the jean makerâs first home collection collaboration, and most of the products will be priced below $25.
The collection will be available in stores and online starting Sunday while supplies last.
Target has built a reputation for its limited-edition collections.
âStrategic partnerships like our work with Leviâs have long been a key part of Targetâs success, allowing us to offer our guests the very best national brands alongside our incredible assortment of owned brands,â said Jill Sando, chief merchandising officer of style and owned brands for Target, in a statement. âThrough this partnership, weâre able to offer a collection of items guest