Tag: Target

Target becomes employee owned

Posted on July 23, 2021 by - News

Distie Target wants to become employee owned to protect staff if the company is swallowed by another company.

The West Yorkshire-based firm plans to adopt an Employee Ownership Trust (EOT) model which will see its 70 employees become majority owners of the business.

Existing shareholders, MD Paul Cubbage and owner Ian Prescott will retain a 10 percent minority stake in the new ownership structure each.

As part of the change, Cubbage will step down from the daily operations and become a non-executive director. Target will begin the search for a new boss to lead the business.

Target gets exclusive distribution deal for AVerMedia.

Posted on April 25, 2018 by - News

lsTarget Components has been appointed exclusive distributor by audio-visual devices manufacturer, AVerMedia.

The appointment covers AVerMedia’s portfolio of AV streaming, capture and conversion devices, the newest of which is the Live Gamer Portable 2 Plus, a full HD live streaming and capture device with native 4K passthrough and inbuilt green-screen capabilities via its Rec4 software.

AVerMedia is based in Taiwan and manufacturing digital imaging technologies, resulting in the acquisition of patents in image and video processing. Most recently it has been focused on live-stream/ real-time editing gaming and podcasting markets, as well as developing classroom AV solutions.

Martyn Kirby, Target’s head of purchasing, explained the opportunities: “Our partnership with AVerMedia is a great opportunity to address the gaming market where live streaming, vlogging and ‘being seen’ is an important part of it for participants and the audience. The AVerMedia range covers all bases, from live streaming and capture for broadcast, professional grade microphones for commentaries and excellent software.

“We’ve seen other brands with products that do go some way to offering a good value and usable solution, but no-one has the same pedigree or focus on the consumer AV market as AVerMedia. And it doesn’t stop at gaming; whether you’re converting VHS to DVD, creating your podcasts and vlogs, product reviews or content for websites, we can supply the AVerMedia device that does it best.”

AVerMedia’s UK and Ireland sales manager, Steve Arnott added: “Target have customers from a huge number of markets that can be addressed with AVerMedia devices. Gamers are an obvious one, and we have a whole range dedicated to them for consoles and PCs, but we have a number of solutions available for business, education and the public sector. With Target’s relentless positivity and customer focus, we’re excited to get AVerMedia out to these different markets and fully expect new markets to appear out of their diverse customer base.”

 

Target takes vow of Xilence

Posted on March 14, 2018 by - News, Products

fra_angelico_peter_silence770x570Distributor Target Components has become the exclusive UK distributor for power and cooling solutions manufacturer, Xilence.

This means it has Xilence’s entire portfolio of laptop and desktop gaming power supplies, CPU coolers, case fans and notebook accessories to flog.

The German manufacturer most recently launched its 80+ Gold Performance X semi-modular gaming power supplies.

Martyn Kirby, Target’s head of purchasing, explained the appointment: “With a 10-year pedigree, Xilence is a recognisable and trusted brand, a great fit for our growing range. Customers are increasingly demanding efficient and reliable power supplies and cooling but without ridiculous price tags – and Xilence delivers just that.”

He added that the range of laptop chargers was impressive – up to 85 percent efficiency, slim design, stable power delivery – for a vast majority of notebooks on the market. And the notebook coolers help get the best from the laptops themselves.

“We’re excited to be working with a manufacturer with such dedication to value without compromising on quality.”

Xilence’s West European sales manager, Ines Windisch, commented: “Target is a great fit for Xilence – their large, broad customer base of independent resellers, retailers, etailers and system builders gives us excellent access to the UK market. With our focus on providing high-quality, efficient and reliable products and Target’s access to such a wealth of customers, it’s an exciting time to be in the UK channel.”

 

Target gobbles up two e-commerce culinary chains

Posted on March 15, 2013 by - News

tagtet-ecommerceDiscount retail chain Target is expanding its e-commerce operation with a couple of tender and juicy acquisitions. 

Reuters reports that the company has agreed to buy Chefs Catalog and Cooking.com.

The acquisitions should boost Target’s ability to sell cooking products and kitchenware online and fancy ceramic knives will only be a click away.

Target did not disclose the financial terms, but both deals should be closed in 30 days and they will not affect the chain’s financial results.

Chefs Catalog sells kitchen utensils and tools directly to customers through its website, while Cooking.com sells more than 30,000 various products, including recipes and other member-submitted cooking content.

Thanks to Jamie Oliver and other celebrity chefs, an increasing number of people are turning to home cooking as a healthier and cheaper alternative to eating out. The fact that quite a few people are broke and can’t afford to dine out also helps.