Target is aiming to hit more bullseyes in 2024 after a series of challenges last year.
The company reported higher sales, gross profit margin ... Show more
For its fourth quarter, Target reported higher sales, gross profit margin, and earnings per share compared with a year ago ... Show more
Target’s new paid membership program: What to know: The program will cost $99 per year.
abcnews.go.com/Business/target-new-paid-membership-program/story
Target Ends Year of Boycotts With Good News: In May, many conservatives called for a boycott against Target following the release of their 2023 Pride Season ...
newsweek.com/target-ends-year-boycotts-good-news-1855959
Target CEO claims customers are saying 'a big thank you' for locking up merchandise
cnbc.com/2023/11/15/target-earnings-ceo-says-customers-thankful-for-locked-items.html
Walmart and Target see student loans and higher interest rates weighing on holiday shoppers
finance.yahoo.com/news/walmart-and-target-see-student-loans-and-higher-interest-rates-weighing-on-holiday-shoppers-153907612.html
It could have been worse, and it's not like Wall Street was expecting much anyway. In a nutshell, that's Target's third quarter earnings ... Show more
Target reveals shocking results from anti-theft measures: The big box retailer’s CEO captured a surprising sentiment after ramping up retail crime efforts in the ...
star-telegram.com/news/business/article281949958.html
Target CEO says shoppers are pulling back, even on groceries: Target is doubling down on its cautious outlook as it prepares for the holiday shopping season.
cnbc.com/2023/11/02/target-ceo-says-shoppers-are-pulling-back-even-on-groceries.html
Target CEO signals a halt to revenge spending and delays in impulse buys: Target heads into the holiday season with less of an emphasis on 4K TV's and air fryers ...
businessinsider.com/target-ceo-signals-halt-revenge-spending-delays-in-impulse-buys-2023-11
Target CEO defends unpopular theft prevention policy: The boss of the popular retailer used some interesting logic to justify a controversial choice.
charlotteobserver.com/news/business/article282666498.html
Target CEO has surprising words on retail theft: CEO Brian Cornell gives update on the company's efforts to tackle the issue after a recent tough decision.
thestreet.com/retail/target-ceo-has-surprising-words-on-retail-theft
Target Stock Scores Best Day Since 2019—Even As Sales Slump Continues: Target has posted consecutive year-over-year revenue declines, but investors are betting ...
forbes.com/sites/dereksaul/2023/11/15/target-stock-scores-best-day-since-2019-even-as-sales-slump-continues/
Target CEO Defends Removal Of LGBTQ Pride Merch Earlier This Year: CEO Brian Cornell emphasized that the Pride merchandise removal was the result of “serious ...
huffpost.com/entry/target-ceo-brian-cornell-defends-target-pride-merch-removal_n_65442471e4b0cde80b8c5365
Target CEO Admits Pride Boycott Worked: Following criticism and a boycott in May, Target announced the removal of some Pride Month items from stores.
newsweek.com/target-ceo-admits-pride-boycott-worked-1820315
Forget boycotts: Target, like Walmart, has a theft problem: The retail giants have more problems than conservative shoppers being upset over the sale of Pride ...
sacbee.com/news/business/article278403799.html
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Target CEO: Thefts involving violence or threats up 120% in 2023: Target previously said inventory shrink, a measure that includes retail theft, could reach $1 ...
businessinsider.com/target-stores-violent-retail-thefts-threats-violence-doubled-2023-8
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More than a dozen state attorney generals are giving Target reasons to restock pride merch
qz.com/state-attorney-generals-target-restock-pride-merch-1850564349
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Target’s CEO denounces customers who threaten employees over LGBTQ-themed products: ‘It has been gut-wrenching to see’
fortune.com/2023/05/25/targets-ceo-lgbtq-themed-goods-protest-pride-month/
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Target’s CEO Slams ‘Gut-Wrenching’ Threats Over LGBTQ-Themed Goods: Target Corp.’s top executive hammered the aggressive behavior that some customers directed ...
bloomberg.com/news/articles/2023-05-25/target-ceo-slams-gut-wrenching-threats-over-lgbtq-themed-goods
Target Gives in to Threats Over Product Lines: Faced with threats over its support for LGBTQ+ Pride Month, the retailer took this drastic move.
miamiherald.com/news/business/article275761891.html
Target CEO brushes off criticism that the company is too 'woke': "Those are just good business decisions, and it's the right thing for society ...
businessinsider.com/target-ceo-brian-cornell-brushes-off-criticism-company-too-woke-2023-5
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'Violent Incidents Are Increasing,' Target CEO Says. Other Retailers Agree.: Target said inventory losses, including theft, will reduce its annual earnings by ...
barrons.com/articles/target-walmart-shoplifting-2513d89d
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Join the CEOs of Target, LinkedIn, Flex, ADM, and more at #HBRLive this Tuesday, May 23. Register now.
Sponsored by SAS Software .
https://s.hbr.org/3KWjylu
Target CEO defends decision to remove Pride displays in staff email: In a note to staff, Brian Cornell said it was a "difficult" choice to pull Pride products: ...
businessinsider.com/target-ceo-brian-cornell-defends-decision-remove-pride-displays-email-2023-5
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Walmart has a big quarter, even as it's stung like Target by organized retail crime
finance.yahoo.com/news/walmart-has-a-big-quarter-even-as-its-stung-like-target-by-organized-retail-crime-145718384.html
Target backs down to backlash over LGBT Pride collection: Why culture war conflicts over queer-friendly brand representation effectively distract from the more ...
sfchronicle.com/opinion/article/target-lgbt-pride-backlash-18130420.php
Target CEO’s Pay Fell $2.1 Million Last Year, Hurt by Lower Profit: Target Corp.’s top leader took a $2.1 million hit to his compensation last year after a surge ...
bloomberg.com/news/articles/2023-05-01/target-tgt-ceo-s-pay-fell-2-1-million-last-year
Target CEO earned 680 times median employee's pay in 2022: Cornell's $1.4 million base pay was enhanced by over $16.2 million in stocks, perks, and bonuses ...
businessinsider.com/target-ceo-earned-680-times-median-employees-pay-in-2022-2023-5
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Target ekes out slight growth in holiday-quarter sales, but warns of continued slowdown
cnbc.com/2023/02/28/target-tgt-earnings-q4-2022.html
Discounts led Target to a surprising comeback: Target's decision to cut prices to boost sales has paid off.
cnn.com/2023/02/28/business/target-fourth-quarter-2022-earnings/
Target Needs to Make You Want to Spend Again: The retailer is leaning into its superpower — injecting as much as $5 billion to open new stores ...
bloomberg.com/opinion/articles/2023-02-28/target-is-investing-5-billion-to-reboot-its-stores
Target CEO Brian Cornell: How to give your 'very best' every day: Target CEO Brian Cornell has a unique approach to performing his "very best" every ...
cnbc.com/2022/10/15/target-ceo-brian-cornell-how-to-give-your-very-best-every-day.html
These eight newsmakers shaped the Twin Cities in 2022: The Twin Cities has been through another roller coaster year.
axios.com/local/twin-cities/2022/12/10/power-players-twin-cities-andrew-luger-brian-cornell-melvin-carter
Target Hit By A ‘Dramatic Rise’ In Theft So Big It’s Taking A Bite Out Of Profits
forbes.com/sites/laurendebter/2022/11/16/target-hit-by-a-dramatic-rise-in-theft-so-big-its-taking-a-bite-out-of-profits/
Target's 3Q profit drops 52% as shoppers force price cuts: NEW YORK (AP) — An unexpected and potentially ominous pullback in customer spending ahead of the ...
apnews.com/article/inflation-business-prices-target-corp-7463e91548335d937ad283e5de177fb8
Target Black Friday deals start Sunday with discounts on toys, games and TVs: Target said the annual Black Friday week sale will be its largest ever with deals ...
axios.com/2022/11/17/target-black-friday-deals-2022-ad
Target Plans to Make a Huge Change to its Stores: The retailer has steadily made changes as customer demands evolve and now it has a huge new idea.
charlotteobserver.com/news/business/article268590342.html
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Target CEO: We're seeing 'healthy' spending despite 'unusual' economic times: Target chairman and CEO Brian Cornell weighs in on the economic outlook at this ...
finance.yahoo.com/news/target-ceo-were-seeing-healthy-spending-despite-unusual-economic-times-190822738.html
Target axes mandatory retirement age as CEOs stay on the job longer: Target is the latest major company to axe its policy of mandatory retirement at 65 ...
washingtonpost.com/business/2022/09/10/target-mandatory-retirement-age-brian-cornell/
Target drops mandatory CEO retirement age, Cornell to stay: Target is dropping the mandatory retirement age for its CEO and extended its contract with Chief ...
apnews.com/article/e30602f1c2e1321884b711f55cf6de5b
Target and Walmart are making very different preparations for the holiday season: One is optimistic while the other is cutting back on its labor force.
qz.com/target-and-walmart-are-making-very-different-preparatio-1849569351
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Quick Glance: Walmart and Target start their holidays early to alleviate the effects of inflation.
- Experts believe that a significant spike in costs will cause Americans to shop early in order to avoid prices that they anticipate will climb even further.
- Walmart and Target intend to start giving specials and price matching offers earlier this year in order to keep up with Americans who are feeling squeezed by growing inflation and looking for methods to alleviate the sting of holiday shopping.
- The Christmas sales plans, published on Thursday, come as holiday sales growth is predicted to be slower than a year ago.
- Target expects to hire up to 100,000 seasonal workers in stores and distribution sites this holiday season, the same as last year.
Target and Walmart are making very different preparations for the holiday season: One is optimistic while the other is cutting back on its labor force.
qz.com/target-and-walmart-are-making-very-different-preparatio-1849569351
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Target CEO on retailer's inflation, inventory problems: Markdowns were 'best path forward'
foxbusiness.com/markets/target-ceo-retailers-inflation-inventory-problems-markdowns-best-path-forward
Target takes a hit after heavy discounts to clear inventory: Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it ...
finance.yahoo.com/news/targets-profit-sinks-cut-prices-103718074.html
Target drops mandatory CEO retirement age; Cornell to stay: Target is dropping the mandatory retirement age for its CEO, allowing its Chief Executive Brian ...
orlandosentinel.com/business/ct-biz-target-ceo-retirement-ap-20220907-33fpvu7odnblxhm2p5gryrgetm-story.html
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Target CEO: Biden's gas tax holiday would 'fuel the demand': "It's time to fundamentally change the supply and demand curves for fuel and transportation ...
businessinsider.com/target-ceo-criticizes-biden-gas-tax-holiday-only-fuel-demand-2022-6
Cornell explains how inventory bloat led to one of his toughest decisions at Target
startribune.com/cornell-explains-how-inventory-bloat-led-to-one-of-his-toughest-decisions-at-target/600184393/
Target CEO Says Unloading Excess Inventory Is a Necessary Pain: Brian Cornell’s decision to shed excess goods quickly is the latest abrupt strategy shift for the ...
wsj.com/articles/target-ceo-says-unloading-excess-inventory-is-a-necessary-pain-11654703424
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Target markdowns coming amid excess pandemic inventory: Target said that products like home goods and bulky appliances are languishing on shelves as consumer ...
businessinsider.com/target-markdowns-extra-inventory-pandemic-products-2022-6
Target Plummets Most Since 1987 as Inflation Saps Margins: (Bloomberg) -- Target Corp. is on pace for its worst stock drop since 1987’s Black Monday crash after ...
finance.yahoo.com/news/target-extends-rout-big-retailers-104935602.html
Why did Target stock drop? Thank high gas prices, inflation: Target stock had its worst day since October 1987. This comes as the company reported a much weaker ...
usatoday.com/story/money/markets/2022/05/18/target-stock-drop-tgt-earnings-report/9824344002/
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