Target


Target’s Payout: $10 Million in Data Breach and Minimum Wage Increase

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Minneapolis—Target Corp. is paying out big time. The mass merchant agreed to pay $10 million to settle a class-action lawsuit over … [Read more...]

Target Fires 1,700 Employees, Eliminates 1,400 Other Positions in Restructuring Plan

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Minneapolis—Target Corp. axed some 1,700 employees today and is eliminating another 1,400 “unfilled positions” as part of its … [Read more...]

As Earnings Reports Roll In, Retail Stocks Outperform Other Industries: Report

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New York—The stock market has been making impressive gains the last week or so. And one of the chief industry sectors pushing up … [Read more...]

Target CEO: No Minimum Wage Increase Anytime Soon

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Minneapolis—Don’t expect Target to follow suit to its bigger rival Walmart and raise its employees’ minimum wages despite … [Read more...]

Target Swings into Q4 Loss on Exit from Canada, But Sales Increased

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Minneapolis—Target Corp. reported today that it swung into a fourth quarter loss, hurt by a major loss from its exit from Canada. … [Read more...]

Will Walmart’s Pay Increase Set a Precedent for Other Retailers?

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Bentonville, AR—In what some analysts see as a precedent challenging other retailers, Walmart today announced that it will raise … [Read more...]

Amazon, Nordstrom Lead Customer Satisfaction Index

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Ann Arbor, MI—The American Customer Satisfaction Index’s 2014 report ranks Amazon the top e-commerce retailer and Nordstrom the … [Read more...]

Target to Open 15 U.S. Stores This Year

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Minneapolis—Target Corp. may be shutting down its 133 Canadian stores but the mass merchant isn’t shying away from its home … [Read more...]

Target CEO Pulls Plug on Canadian Division

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Minneapolis—After taking more than two years and forking over some $1.6 billion, Target today said it would be pulling out of its … [Read more...]

Target Plans Lilly Pulitzer Collection for Spring

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Minneapolis—Target shoppers this springwill get a taste of the good life of Palm Beach with the upcoming limited-edition … [Read more...]

Target CEO to Decide Fate of Canadian Stores

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Minneapolis—Target’s venture into Canada in 2011 has been fraught with problems. Now the word is that CEO Brian Cornell is … [Read more...]

Week in Review: 10 Not-to-Miss Articles

Wanderlust looks at Urban Outfitters

New York—There were many words from the wise this week, even as many retailers posted misses in net income, sales or … [Read more...]