featured content

financial news release

Tupperware and Target Expand Partnership; Tupperware Now Available in All Target Stores Nationwide

10/22/02

ORLANDO, Fla. & MINNEAPOLIS, Oct 22, 2002 (BUSINESS WIRE) -- Today, Tupperware Corporation and Target Stores announced details for the expansion of Tupperware into all 1,148 Target stores in 47 states.

This announcement comes after the successful program launched in October 2001, when Tupperware was introduced in 62 SuperTarget stores in 12 states. Similar to the SuperTarget initiative, a special selection of about 50 Tupperware(R) products are now for sale in the home decor area of all general merchandise Target stores, with members of the Tupperware sales force on-hand during selected times to provide service and assistance to Target guests.

"We are excited about the expanded partnership with Target and the synergy of our two great brands. Target has been an exceptional partner and we are thrilled with the opportunity to reach and provide service to even more consumers in all Target stores nationwide," said Rick Goings, chairman and CEO of Tupperware Corporation. "This national expansion, in conjunction with our other access points, offers consumers an additional, unique shopping experience with the special service provided by our sales force," Goings continued.

The Target partnership provides an ideal retail environment in which a new and discerning audience will gain access to Tupperware's great products and knowledgeable sales force. With the consultant on-site during select periods, guests not only learn about product hands-on before making a purchase, but they have a one-on-one opportunity to ask questions about food storage and preparation, see products demonstrated and get innovative tips on using products in a variety of ways.

"Our guests expect more from Target, and our close partnership with Tupperware reflects our commitment to providing new and unique products," said Gregg Steinhafel, president, Target Stores.

Tupperware Corporation, a $1.1 billion multinational company, is one of the world's leading direct sellers, supplying premium food storage, preparation and serving items to consumers in more than 100 countries through its Tupperware brand. In partnership with 1.3 million independent sales consultants worldwide, Tupperware reaches consumers through informative and entertaining home parties; retail access points in malls and other convenient venues including all Target stores; corporate and sales force Web sites; and Home Shopping Network(SM). Additionally, premium beauty and skin care products are brought to consumers through its BeautiControl brand in North America, Latin America and the Philippines. Tupperware stock is listed on the New York Stock Exchange (NYSE: TUP). Consumers can access the brands' Web sites at www.tupperware.com and www.beauticontrol.com.

Minneapolis-based Target Stores serves guests at 1,148 stores in 47 states nationwide by delivering today's best retail trends at affordable prices. Whether visiting a Target store or shopping online at target.com, guests enjoy a fun and convenient shopping experience with access to thousands of unique and highly differentiated items. Target Stores, along with its parent company Target Corporation (NYSE:TGT), gives back more than $2 million a week to its local communities through grants and special programs. Since opening its first store in 1962, Target has partnered with nonprofit organizations, guests and team members to help meet community needs.

CONTACT:
DeVries Public Relations, New York
Jeanine Kober, 212/891-0402
or
Target Stores, Minneapolis
Douglas Kline, 612/696-3444

Copyright (C) 2002 Business Wire. All rights reserved.







learn more about Target

Here are a few more areas we suggest you explore:

investor contacts

Be sure to include your name, address, daytime phone number, email address and a reference to Target on all of your correspondence.


transfer agent contact information
EQ Shareowner Services
P.O. Box 64874
St. Paul, MN 55164-0874
or
1110 Centre Pointe Curve Suite 101
Mendota Heights, MN 55120-4100

1.800.794.9871
shareowneronline.com


investor relations
TargetCorporation
1000 Nicollet Mall
Minneapolis, MN 55403

1.800.775.3110
investorrelations@target.com