Target will be phasing out well-known brands like Mossimo, Merona, Cherokee, and Circo. This means that your Mossimo and Merona dresses are about to become collector's edition pieces!
They've also announced that they're introducing 12 new clothing, accessories, and home décor lines...in an attempt to revamp their product selection and compete with Amazon.
"Our new brands are all about the changing face of our guests — what they need, what they're looking for from Target," Mark Tritton, Target's executive vice president and chief merchandising officer, said in a press release. "When we took a close look at our existing assortment with this in mind, we saw a disconnect." [Source]