Target stock slumps 20 percent as holiday worries mount for popular retailer Target’s shares plummeted 17% in premarket trading Wednesday. The Independent UK · Nov 20, 2024
The new academy companies In an era where talent is scarce and continuous learning is key, academy companies deserve a second look. Fortune · Nov 20, 2024
Fortune's inaugural 100 Most Powerful People in Business ranking Power is nuanced: hard-won and easily lost, it’s never static. Fortune · Nov 12, 2024
Target's CEO brought his top 50 leaders together. Here's the advice he gave them “We spent a lot of time making sure we understood the why—why do we make certain decisions?” Fortune · Nov 11, 2024
Man Told To Wait For Two Hours To Buy Item From Walmart, Slams Retailer And Immediately Rushes To Buy Costco Membership A Walmart shopper expressed frustration after being asked to wait for a computer game. The angry customer left their full cart and abandoned their purchase. International Business Times UK · Oct 2, 2024
Target's $24 billion food business grows Target’s food and beverage sales have increased nearly $9 billion over the past four years Salon · Aug 26, 2024
Target's CFO and COO keen to wear just one hat as search for new finance chief continues Michael Fiddelke, CFO since 2019, became chief operating officer in February. Fortune · Aug 22, 2024
Is Target Stock a Buy After Its Beat-And-Raise Quarter? Target stock is soaring Wednesday after the discount retailer's blowout earnings report and analysts like what they're seeing. Here's what you need to know. Kiplinger · Aug 21, 2024
Boeing waves its mandatory retirement age for new CEO Kelly Ortberg Ortberg joins Disney’s Bob Iger, Target's Brian Cornell, and other CEOs in skirting company retirement rules to get the top job. Fortune · Aug 1, 2024
Walmart and Target earnings pull back the curtain on an America struggling with high inflation “Many consumer pocketbooks are still stretched,” Walmart CFO John Rainey told analysts. “We see the effect of that in our business mix.” Fortune · May 22, 2024
Target Stock Sinks on Q1 Earnings Miss: What To Know Target stock slumped after the retailer's earnings and revenue were hit by a tough consumer spending environment. Here's what you need to know. Kiplinger · May 22, 2024
Retailers howled about theft last year. Why not now? Mentions of retail theft seem to be fading, their fever pitch cooling. What's changed? And how bad was the problem in the first place? WEKU · Mar 11, 2024
Target Is Getting Ready To Compete Against Walmart And Amazon — Too Late In The Game? Over the years, Target has become a "one-stop-shop" retailer, allowing shoppers to buy everything, from groceries to medicine and apparel. In addition, it has combined online shopping with offline shopping. International Business Times · Mar 8, 2024
Target's Capital Expenditure Reaches .8 Billion In 2023 Target Corporation's strong financial performance in 2023, driven by increased operating income and net earnings, outperforming competitors in foot traffic... Top News · Mar 6, 2024
Fortune · Nov 16, 2023 Target gains $9 billion in market cap despite falling sales last quarter, as Wall Street gets an up-close look at the health of the American consumer But Target's 20% stock bump from its earnings still leaves it 14% down from the beginning of the year, or $17 billion.
The Independent UK · Sep 27, 2023 Target to close 9 stores over theft that ‘threatens’ workers and shoppers Target said it's closing nine store in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers
The Independent UK · Sep 26, 2023 Target to close 9 stores including 3 in San Francisco, citing theft that threatens workers, shoppers Target said it's closing nine store in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers
Fortune · Aug 17, 2023 Target bosses pledge 'modifications' to its Pride Month collections after transgender merch backlash The big-box retailer suffered its first sales drop in six years after foot traffic tailed off once it began selling items like "tuck-friendly" bathing suits.
The Independent UK · Aug 16, 2023 Target Q2 sales fall on muted spending, Pride month backlash, and it cuts profit outlook for 2023 Target reported its first quarterly sales drop in six years, dragged down by shoppers' inflation worries and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise
The Guardian - US · Aug 16, 2023 Target sees drop in sales after rightwing backlash to Pride merchandise Sales fell 5.4% over the last three months, a higher decline than expectations, according to second-quarter earnings report
Tribune News Service · May 26, 2023 Target’s CEO slams ‘gut-wrenching’ threats over LGBTQ-themed goods Target Corp.’s top executive hammered the aggressive behavior that some customers directed toward employees because of the retailer’s collection of LGBTQ-themed merchandise.
Salon · May 24, 2023 Target axes Pride merch over MAGA gripes California Gov. Gavin Newsom said the move was part of a "systematic attack on the gay community" around the U.S.
Daily Mirror · May 18, 2023 Target CEO makes shock announcement over 'violent' theft toll causing chaos for retailers The CEO issued a warning over an increase in 'violent' thefts, the scale of which is having serious financial implications for the retail industry
Fortune · May 17, 2023 Target CEO: DEI has ‘fueled much of our growth over the last 9 years’ CEO Brian Cornell says doing what's right for employees and the company culture adds value for shareholders.
The Independent UK · Feb 28, 2023 Target issues tepid outlook after a 43% profit drop in 4Q Target has reported a 43% drop in profits and a slight uptick in sales for the holiday quarter