logo
The 2026 Special Olympics USA Games Welcomes Target as Platinum Partner and Official Tennis Sponsor

The 2026 Special Olympics USA Games Welcomes Target as Platinum Partner and Official Tennis Sponsor

Business Wire7 days ago

MINNEAPOLIS--(BUSINESS WIRE)--The 2026 Special Olympics USA Games is welcoming Target as a Platinum Partner and the official Tennis sponsor. The partnership represents a significant investment in one of the country's largest celebrations of ability, unity and achievement – set to bring more than 3,000 athletes, thousands of coaches and volunteers and tens of thousands of fans to the Twin Cities, June 20–26, 2026.
Target joins U.S. Bank, Wells Fargo, Worldwide Technology and others as official partners of the 2026 Special Olympics USA Games.
Share
As the official Tennis sponsor, Target's support will help bring together more than 80 Special Olympics athletes and Unified partners as they compete in singles, doubles and Unified doubles matches at the Baseline Tennis Center on the University of Minnesota campus.
'Target is proud to become a Platinum Partner of the 2026 Special Olympics USA Games,' said Kiera Fernandez, Executive Vice President and Chief Community and Stakeholder Engagement Officer, Target Corporation. 'Our team members across the country are inspired by the determination and spirit of these athletes, and we look forward to engaging in volunteerism and celebrating their incredible achievements – right here in our hometown. This partnership gives us an opportunity to support inclusivity for all and a movement that uplifts so many.'
Target has a longstanding commitment to strengthening and serving the more than 2,000 communities where it operates. It joins U.S. Bank, Wells Fargo, Worldwide Technology and others as official partners of the 2026 Special Olympics USA Games.
"It's hard to imagine hosting the 2026 USA Games without Target by our side," said Christy Sovereign, CEO of the 2026 Special Olympics USA Games." As a company with deep Minnesota roots and a long tradition of community leadership, Target's partnership is incredibly meaningful to us, and their commitment to supporting our mission sends a powerful message of support to every athlete, family and fan. We can't wait to create lasting change together."
The 2026 Special Olympics USA Games will be one of the largest sporting events in the U.S. that year, bringing together thousands of athletes of all abilities, coaches, volunteers and fans from all 50 states. To learn more about the 2026 Special Olympics USA Games, please visit 2026specialolympicsusagames.org.
About Target Corporation
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center.
About Special Olympics USA Games
The 2026 Special Olympics USA Games – scheduled for June 20-26, 2026, across Minnesota's Twin Cities with sports competitions at the University of Minnesota and the National Sports Center in Blaine – is a national celebration of inclusivity, changing perceptions and the ability of the human spirit rising above limitations. The USA Games, with co-presenting partners Jersey Mike's Subs and UnitedHealthcare, will be one of the biggest U.S. sporting events of the year, drawing tens of thousands of fans to celebrate the ability of over 3,000 incredible athletes from all 50 states as they compete in 16 Olympic-type team and individual sports. As a state with a long history of championing inclusion, the USA Games now brings an unrivaled opportunity to Minnesota and beyond to spark new energy around the Special Olympics movement and create a lasting legacy of positive change.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Can RH Maintain Its 20-21% EBITDA Margin Outlook for Fiscal 2025?
Can RH Maintain Its 20-21% EBITDA Margin Outlook for Fiscal 2025?

Yahoo

time20 minutes ago

  • Yahoo

Can RH Maintain Its 20-21% EBITDA Margin Outlook for Fiscal 2025?

RH RH, previously known as Restoration Hardware, is implementing several diverse in-house strategies to ensure margin expansion amid an uncertain market scenario marked by high mortgage rates, tariff-related risks and lingering inflationary pressures. The company is mainly prioritizing ways to increase its revenue visibility through global expansion, a customer-friendly membership approach and supply-chain optimization. In the first quarter of 2025, its adjusted EBITDA margin expanded 80 basis points year over year to 13.1%.During the first quarter of fiscal 2025, the company highlighted market strength in Europe, with demand growing 60% across RH Munich and RH Dusseldorf alongside continued growth witnessed in noncomparable galleries, RH Brussels and RH Madrid. RH remains optimistic about the September 2025 opening in Paris, alongside another two openings in London and Milan in 2026. Notably, RH threw caution to the wind by increasing its membership discount from 25% to 30%, with the aim of expanding its market share and capturing additional membership opportunities, when the market's choppy water settles there remains ambiguity regarding the new tariff regime's implementation, RH is taking necessary measures to minimize the adverse impacts to be on the safe side. It is currently focusing on shifting its sourcing out of China with the expectation of receipts reducing from 16% in the first quarter of fiscal 2025 to 2% in the fourth quarter of the same year. By the end of 2025, it projects 52% of its upholstered furniture to be produced in the United States and 21% in to these accretive initiatives and a brighter growth prospect, RH expects its adjusted EBITDA margin to be between 20% and 21%, up from 16.9% reported last year. Shares of this California-based luxury retailer in the home furnishing space have gained 13.9% in the past month, outperforming the Hoya Capital Housing ETF (HOMZ) index. HOMZ is an exchange-traded fund that offers a diversified glimpse of the U.S. residential housing industry through 100 companies across homebuilding, rental operators, home improvement, furnishings, mortgage services and real estate tech, to name a few. Image Source: Zacks Investment Research Sharing market space with RH, other renowned players, including Williams-Sonoma, Inc. WSM and Arhaus, Inc. ARHS, seem to have been standing below it in the past month. During the said time frame, the share price performance of Williams-Sonoma and Arhaus has inched up 3.8% and 2.2%, respectively. RH stock is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 15.3X. This is compared with the forward 12-month P/E ratios of 18.83X and 19.66X at which Williams-Sonoma and Arhaus are currently trading. The discounted valuation of the stock compared with the other market players looks promising for said, in the long term, the valuation could move toward a premium, given the market fundamentals normalizing and the business strategies backing the company's revenue visibility and profitability. RH's earnings estimates for fiscal 2025 have trended upward in the past 30 days to $10.87 per share, which indicates robust 101.7% year-over-year growth. The analysts' sentiments remain bullish for the year, backed by the in-house strategies RH is pulling off to counter the market risks. Image Source: Zacks Investment Research However, even with the earnings estimates for fiscal 2026 having trended down in the past 30 days to $14.77 per share, the estimated figure indicates 35.9% year-over-year stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Williams-Sonoma, Inc. (WSM) : Free Stock Analysis Report RH (RH) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio

Micro-mobility shifts gears in the race to go green
Micro-mobility shifts gears in the race to go green

Yahoo

time20 minutes ago

  • Yahoo

Micro-mobility shifts gears in the race to go green

As the push to decarbonise transport intensifies, a new class of compact, low-emission vehicles is rising to meet the challenge. From Nissan's NanoCar to the UK-based Yo-Go, micro-mobility is redefining what sustainable urban travel can look like, without demanding a wholesale change in consumer behaviour. The pressure is on to find alternatives to internal combustion engine-driven vehicles. EVs present the obvious solution, and in many ways, the most appealing for customers who want a solution to the threat of climate change that doesn't mean changing their lifestyle. Public transport offers a more effective solution, but would require a huge amount of investment to make it an appealing alternative to car ownership. Micro-mobility is an option that can split the difference. 'In its simplest form, Micro-mobility is light weight, low speed vehicles,' explains Gareth Dunsmore, Managing Director of e-Micro Mobility Nissan AMIEO. 'That makes it an ideal form of transportation to reduce emissions and traffic in dense environments such as cities and towns.' It is a category that includes electric scooters and bikes, as well as 'micro cars'; buggy-like vehicles that are visually similar to golf carts but are a great deal more powerful. Dunsmore is overseeing a collaboration between Nissan and Spanish renewable energy conglomerate ACCIONA to distribute the new Silence S04 NanoCar, a lightweight, 100% electric four-wheeled vehicle specifically designed for urban living. Nissan holds distribution rights for the NanoCar in France and Italy, alongside Silence's electric motorcycles. It gives ACCIONA's electric vehicle brand, Silence, access to Nissan's European network of dealerships across Europe. The goal is to lower the barrier for consumers who want to go electric, making the transition more inclusive and accessible. 'Nissan has done this rather than build its own vehicle because it gives us the best of both worlds,' Dunsmore tells us. 'We get to use all our expertise in electric vehicles from the last 15 years to accelerate the adoption of these vehicles and bring more people in. But at the same time, we can work with a young, agile start-up whose focus and passion are directed just at this segment, so we can benefit from what they have learned from the last decade in the electric bike sector.' Meanwhile back in the UK, the CEO and inventor of the Yo-Go, Sam Bailey, likes to differentiate micro-mobility from what he calls 'Mini-mobility'. 'It's to differentiate it from bikes and scooters,' Bailey says. 'It's a market that is yet to be addressed. We don't consider ourselves as an alternative to the e-scooter. We are offering a new form of transport.' It is a nascent sector, but a promising one, and while it is new to the UK market, other locations are already showing the way that market might evolve. 'There's an island in Hong Kong called Discovery Bay that is exclusively for golf buggies,' says Bailey. 'It started out as a solution to moving around a golf course, and it's evolved to actually become a usable mode of transport. It's not a vehicle you'd use on a golf course. It's faster, sturdier, road legal, and while it ostensibly looks like a golf buggy, it now represents a step up in engineering and mechanics.' In Europe the market has already been around for quite some time, with a presence in France, Italy, Greece, Spain and around the Mediterranean coast. 'The sector developed originally from French and Italian brands, using ICE vehicles. They have been in it for a long time, but they were only focused on selling to their own domestic markets,' Dunsmore tells us. 'We have seen around 60,000 vehicles sold in the last 12 months from all the competitors in the top three markets, but one of the interesting things is how poorly this sector is documented.' The issue is that the lower power version of the micro-car does not require registration, making it harder to keep track of numbers. That said, Dunsmore says there are studies that expect distribution to approach 300,000 units by 2028. He puts this down to three factors. First, more competitors are entering the market, including mainstream OEMs such as Toyota and Nissan. 'It brings a level of scale through our retailer networks that wasn't here in the past,' Dunsmore tells us. At the same time, a broader group of customers are starting to look for new forms of mobility. 'The entry price for a Ford has gone from below £10,000 to above £20,000 in a decade,' says Dunsmore. 'That is not just inflation. That's leaving customers behind.' Finally, there is a wave of new, younger customers entering the market who take electrification and the need for zero emissions seriously, but who simply cannot afford to pay £20,000 for a new electric vehicle. 'Their decisions are informed by societal challenges we face such as air pollution and climate change, but they cannot afford and do not have the means to ignore affordability,' Dunsmore tells us. Currently the UK market is a small one, under 5600 vehicles a year, but as Dunsmore points out, the potential is there. 'I was at the Move Conference 2025 (18-19 June), and you saw a breadth of micro-car offerings coming to the market,' he tells us. Yo-Go and the NanoCars each represent the forms that the new offering coming to market could take. Yo-Go is offering a mobility solution that is in many ways similar to the micro-mobility schemes built around scooters and e-bikes, but that is not who Yo-Go is competing against. 'We are trying to provide an alternative to a car that a scooter or bike can't address,' Bailey says. 'It is lower cost than a full-size EV, with lower CO2 emissions than a full-size car. That is something you wouldn't get from a bike or scooter. It offers safety, a roll cage, seatbelts, and you can't fall off. It gives you weather protection from the roof and has space for luggage and passengers.' The great potential of the 'mini-mobility' market lies in its potential to offer a compact, low emission, low price alternative to cars while providing the key advantages people get from car use. 'The reason we believe it can be a unique proposition on the marketplace is its nano-sized, but it's not a compromise,' Dunsmore says. 'We provide air conditioning as standard, which might sound strange, but I have just come back from the south of France, and every person that jumps in your car there says, 'Thanks for the air conditioning.' It acts as a heater too, demisting the windows. It makes a big difference when most of our competitors don't have it.' The Yo-Go buggy offers seating with more room, 240 litres of boot space, but perhaps most appealingly, it includes a removable battery. At a time when charging infrastructure is still one of the biggest obstacles to customers looking to transition to electric, the ability to remove your battery and charge it in your house is a strong competitive edge. These advantages come into their own when presented to the unique commercial environment of London. 'In London, car usage is quite strange. 90% of all private vehicle miles are from 9% of the population, and the journeys are very small. 70% of them are under three miles,' Bailey points out. 'What we want is to create a close replacement for people who are using cars, but then offer them the advantage that you can fit four of them in a parking space.' It is a product with potential for a huge impact on congestion. The question is how many cars can these solutions actually take off the road? 'Our obvious competitors are conventional electric vehicles,' Bailey tells us. 'We're not looking at long distance, we only want to use it in a wide 20-mile-an-hour zone. But within that market, we think it's a compelling proposition.' Dunsmore points not just to how many cars NanoCars can potentially take off the roads, but at the impact each like-for-like substitution will actually have. 'Because they are smaller, even a direct one-for-one swap results in a vehicle that takes up less space and reduces congestion, helping the environment,' Dunsmore says. 'But in cities, especially, there is a generation that is delaying their purchase of a car until later in life. Those people need to move around, and at the moment their options are trains, buses or Lyfts and Ubers.' There is demand for a solution that moves away from big cars with a single occupant, but the simplicity of an A-to-B drive is still more appealing than trying to tie together car-sharing schemes or various forms of public transport. 'Bringing micro cars into that suite of offerings for cities lets people be more efficient,' Dunsmore says. But while the potential and demand for microcars or NanoCars is huge, the new sector still has early obstacles to overcome if it hopes to become a widespread transport solution. 'At the moment, the big challenge is getting enough scale that we can provide a reliable, available service,' Bailey tells us. 'If you look at Lime Bikes, if I open the app, there's a good chance of finding a bike within a two- or three-minute walk. We are not yet at that scale. We want to achieve sufficient density. 99% of the time we want people to open the app and find a Yo-Go on their street.' At the same time, mini-mobility solutions also need to fight a battle of perception. They have a product that offers things people want, but customers need to know that. 'If you look at the history of these vehicles, some of the original ones weren't much more than one-person milk floats,' Dunsmore says. 'These were very basic vehicles. They got a bit of traction in the UK, but that is not what a microcar is today. Just as we saw with electric vehicles, we need to work hard on shifting that perception.' One factor that may shift the needle is the presence of brands such as Nissan and Renault moving into the market, and the credibility that comes with that. But ultimately, beyond brand recognition, Bailey argues that it is the environmental impact that is going to turn microcars from a novelty into a mainstream form of transport. 'These produce less CO2 per kilometre than a cyclist does,' Bailey argues. 'If you compared that to an EV's CO2 reduction, you'll never offset the battery manufacturing. When we look at how we build our cities in the future, and how to reduce our carbon footprint, it will be about making use of the space available. We think the answer is moving to a smaller vehicle that is low carbon, low cost and creates good traffic flow through good use of space.' As well as individual drivers and passengers, both Dunsmore and Bailey are excited about the possibilities of micro-cars in other business sectors. 'Businesses looking to reduce costs and their impact on the environment might be one of the fastest to adopt,' Dunsmore tells us. 'We see potential in airports with run-a-round vehicles, or big campuses.' Bailey also sees potential for micro-cars as a fleet leasing alternative. 'In future, we may offer the ability to lease at a lower cost than a full-size car. Providing that as an option we think could make this form of transport affordable for consumers and businesses,' Bailey says. He is also looking forward to the ways the range of micro-vehicles can expand in future. 'It'd be great to have more variation. At the moment, we have two seats and space at the back for four bags of shopping,' Bailey says. 'We are looking at having a commercial version with enough space for last-mile deliveries or tools for tradesmen. Do that, and suddenly we have a viable alternative to a van. We'd also love to get more seats in for parents with children.' For now, Yo-Go is looking at expanding its geographic footprint beyond its home in London, maybe even moving into markets with more developed micro-mobility segments. 'We are targeting denser cities such as Oxford, where city council talks have already begun. Bristol and Bath have also expressed an interest,' says Bailey. 'We are also looking at the potential of locations such as Berlin and Paris.' It looks like the Micro-mobility sector could be going full circle. "Micro-mobility shifts gears in the race to go green" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store