Target exec says retail theft has hurt company's gross profit margin
The chief financial officer of Target Corporation, Michael Fiddelke, said on Wednesday that store theft has hurt the retail giant's gross profit margin.
Target warns of weak holiday season, CEO says consumers stressed
Target shares took a beating Wednesday as the retailer lowered its outlook and CEO Brian Cornell told investors that inflation is impacting customers.
Apple, Target boost partnership ahead of critical holiday shopping season
Target announced Wednesday that it has deepened its partnership with Apple ahead of the pivotal holiday season. There are now over 150 Apple shops inside Target stores nationwide.
Tupperware selling at Target stores nationwide
Tupperware CEO Miguel Fernandez said Monday in a LinkedIn post that Target is now selling the brand's popular food storage containers at its U.S. stores.
Target plans to hire up to 100K holiday workers
Target announced Thursday that it plans to hire 100,000 seasonal workers to support its operations over the busy holiday season, which is in line with last year.
Target, FAO Schwarz partner for holiday toy season
Target and FAO Schwarz have partnered on an exclusive toy agreement just in time for the holiday season. Here's what that means for gift-giving this year.
Target abandons retirement policy, CEO Cornell to remain in top job
Target CEO Brian Cornell agreed to remain in his role as chief executive for about three more years. He previously held roles at Walmart's Sam's Club and PepsiCo.
Colorado Target workers plan to file unfair labor practice charges against company for unionbusting tactics
Target workers at a store in Colorado are preparing to file unfair labor practice charges with the U.S. labor board against the department store chain for allegedly employing union busting tactics.
US in ‘hangover’ stage as ‘reopening euphoria is ending’: Former Toys 'R' Us CEO
Former Toys 'R' Us CEO Gerald Storch weighs in on earnings reports from Walmart and Target as well as retail data on "Varney & Co."
Target CEO on retailer's inflation, inventory problems: Markdowns were 'best path forward'
Target profits tumbled 89% in the second quarter due to inflation limiting consumer spending and a pileup of inventory blamed on supply chain problems.
Target profit slumps as discounts fail to spur spending by inflation-weary consumers
U.S. retailers including Target and Best Buy Co Inc. cut their profitability forecasts in recent weeks as consumers curtailed spending on items like apparel and electronics.
Inflation pushes consumers to consider private labels over name brands
With inflation impacting everyone, consumers are now re-thinking what products they are buying at the store and even reaching for more in-house brands, experts say.
Retailers weigh cost of paying customers to keep unwanted items
Some retail chains like Target and Walmart are weighing the possibility of paying customers to keep their unwanted items instead of returning them amid a surplus of inventory.
For the Fourth of July, Target expands its military discount
Target is expanding its 10% military discount — typically reserved for Veterans Day — to the Fourth of July. The offer can be redeemed on two transactions.
Wednesday's trading: 5 Things to know
Here are the key events taking place on Wednesday that could impact trading including the DOE's inventory, U.S. trade gap and retail news.
Target warns profits will take short-term hit as it cuts back on excess inventory
Target, which is facing excess inventory in several categories, said it's planning serval actions during the second quarter to "right-size its inventory for the balance of the year."
Virginia Target workers file unfair labor practice charge against company over claims of spying, intimidation
The group of Target workers says it's attempting to unionize in part because employee pay is not keeping pace with surging costs for staples like food and rent.
Virginia Target workers plan to refile petition for union election within next few weeks
Target Workers Unite, founded by Adam Ryan who has been working at Target Virginia store for five years, told FOX Business that they did not have enough valid signatures to pursue an official election under the supervision of the U.S. National Labor Relations Board.
Target, Walmart’s inflation warning bad omen for stocks, economy
Walmart and Target, solid barometers of consumer spending, didn't mince words on sky-high inflation.
Target profit halves on rising costs, warns of bigger margin hit
The bleak results come a day after larger rival Walmart Inc cut its annual profit view, even though both retailers clocked better-than-expected quarterly sales.













