“Target’s digital business has strengthened and grown, but as the company’s priorities evolved, Chefs Catalog and Cooking.com no longer aligned with the broader strategy,” she said. Tags CHEFS Catalog, Cooking.com, Featured, Target; My Private Brand is a news site. After 36 years, Colorado Springs-based Chefs Catalog will shut down in early 2016. The decision was made by Target, which acquired the upscale cooking equipment retailer and Cooking.com — another company it will close — in 2013. “As part of Target’s ongoing efforts to transform our business and put us on a clear path to sustained growth, we continually evaluate our work to ensure it best meets the needs of our guests,” said Molly Snyder, a Target spokeswoman. James Wolfensohn, who served as the president of the World Bank for 10 years and was a guiding force for a couple of the most well-known cultural institutions in the U.S., has died. In fiscal 2011, food made up 19 percent, or $13 billion, of the company’s nearly $70 billion in annual revenue compared with 16 percent, or $10.4 billion, of Target’s total revenue two years prior. Chef's catalog has been known by cooking enthusiasts as the go to source for the Post was not sent - check your email addresses! Trump and allies refuse election loss with 'zombie' litigation, Where are the COVID-19 cases in Minnesota? In 2013, Target acquired CHEFS and Cooking.com, only to shut them down last year. In a statement, Target multimedia chief Casey Carl said the additions offer expanded online options for customers. In the meantime, we sold our excess inventory to Tuesday Morning for savings Terms of the acquisitions, which close in 30 days, were not disclosed. GET BREAKING NEWS IN YOUR BROWSER. She said buying the cooking-related companies helped Target build its recipe portal and analyze how customers responded to different brands. It’s no coincidence that Target’s online gaze is fixed on cooking and kitchenware. finest quality kitchen products, cookware, cutlery, bakeware, and more. The business will wind down early next year, she said. He should be thankful Rockies fans still care. Ikea's foundation donates $1.2M to Minn. student mental health programs. And Cooking.com is making a return as well. Keeler: Jeff Bridich is a coward. Why have models of Colorado’s coronavirus trajectory been off? “These deals give them the more well-known brands” in cooking and kitchenware that can set the retailer apart from the competition. This was such sad news for people who relied on both retailers for their cooking needs. Cooking.com and chefscatalog.com boast strong online review sections and recipe forums, multimedia features that allow Target to more deeply engage consumers, said Amy Koo, an analyst with Kantar Retail consulting firm in Boston. “This sometimes means taking a hard look at aspects of our business that may no longer align with the company’s direction.”. Coming Soon to a Store Near You Chef's catalog has been known by cooking enthusiasts as the go to source for the finest quality kitchen products, cookware, cutlery, bakeware, and more. 8 Easy Ways to Make Boxed Mac & Cheese Taste Like You Made It … Andrew Cuomo said officials are working on a winter plan for the coronavirus that will add metrics for how the state designates virus hot zones. Colorado Springs-based Chefs Catalog to close,…, Click to share on Facebook (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Tumblr (Opens in new window), Submit to Stumbleupon (Opens in new window). CHEFS Catalog is scheduled to launch in fall 2017. Luxury retailer Neiman Marcus owned the business before selling it to private equity firm JH Partners in 2004. It should be interesting to see how these brands are integrated into Target – Chefs Catalog has a very nice cooking line of Private Brand. Target Corp. is cooking up a new kitchen-based business. Patrick Reusse's Turkey of the Year was done. About 180 workers in Colorado and California will lose their jobs. Here's a look by ZIP code. Cooking.com and Chefs Catalog will retain their own employees, websites and brands, though Target could seek more related acquisitions in the future. “Looking out at Target’s broader multichannel strategy, [the two acquisitions are] a significant play in that direction,” Hausman said. Read the Chefs Catalog Going Out of Business Sale discussion from the Chowhound Cookware, Websites food community. It is unaffiliated with any retailer or private brand. The CHEFS Catalog website carries all of the top brands you’d expect to find at a kitchen supplies retailer, including KitchenAid, Le Creuset, All-Clad, John Boos, and so many more. This is the CHEFS Catalog company profile. Founded in 1979, Chefs Catalog sells cookware, cutlery and kitchen tools with brands like All-Clad, Le Creuset and KitchenAid. Chefs Catalog CEO Tim Littleton will run TCC Cooking Co. and report to Target’s Carl. A debate is raging inside Young Life as the Colorado-based ministry faces backlash over LGBTQ policy, Colorado grocery workers worry as Thanksgiving shoppers crowd stores, Denver Health retaliated against those who spoke out about systemic racism and COVID-19, whistleblower complaint alleges, Guest commentary: A concerned public needs more information on reasons for COVID restrictions. The website offers 30,000 kitchen products as well as recipes, cookbooks and user-generated cooking content.