Per Forbes, Target has aggressively expanded its Food & Beverage category, boasting $9 billion in growth since its focus shift, and is now functioning as a primary grocery destination and a major retail platform for emerging CPG brands.
ReadingThe steal: if you have a food or beverage product with a strong visual identity and a unit price above $5, Target is now your primary retail pitch target ahead of traditional grocery. Target's buyer team is explicitly looking for 'emerging' brands to fill new shelf space. Prepare a deck that shows Target's core demographic (female, 25–54, household income $50K+), prove your product reaches that person through social or DTC traction, and lead with the margin story, not the category story. Traditional grocery buys on velocity; Target buys on brand fit and margin per unit.
MY STASH TAKEThis is a clean inversion of the old playbook. Ten years ago, if you were a small food brand, you pitched Kroger or Whole Foods. Now, Target has more capital to spend on shelf innovation and less legacy category baggage. The $9B number is important because it tells you Target's CFO has blessed this category as growth, not maintenance. That means budgets are not flat — they're expanding. If you're sitting on a packaged food product with good design, Target is now easier than Amazon.
WatchWatch for Target to announce a specific emerging-brand accelerator or buyer program aimed at direct-to-brand pitching.