Target


Analyst Predicts Amazon Will Buy Target This Year

Amazon.com’s shakeup of the retail landscape may not be over, according to one well-known technology analyst. The internet giant will acquire Target Corp., Loup Venture co-founder Gene Munster wrote in…

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Target’s Top Marketer Leaving to Become President of Uber

Target Corp.’s chief marketing officer, Jeff Jones, is becoming the new president of Uber. Jones will be responsible for Uber’s ridesharing operations, marketing and customer support, Travis Kalanick, chief executive…

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Target’s 4Q Profits Miss Estimates on Heavy Discounting

Target’s heavy discounting during the crucial year-end shopping season squeezed fourth-quarter profits. But its trendy assortments and spiffed up presentations induced shoppers to spend more. The Minneapolis-based company also offered…

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Target Profit Climbs as Customer Traffic Increases

Target says its sales rose 1.9 percent at established locations in the third quarter as it worked to revive its business by strengthening flagship categories like clothing and children’s products.…

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Target Begins Year-End Sales

Target Corp.’s year-end discounts began Monday with price cuts for certain electronics, as it announced sale tactics that peak on Black Friday later this month. The company said it would…

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Target to Close 13 Stores on January 30

Target Corp. will close 13 stores nationwide at the end of January. In an email, Target spokeswoman Molly Snyder said the decision to close the stores “is not made lightly.”…

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Target to Test a Junk-Food-Free Checkout Lane

Target is ditching the junk food in the checkout lane at 30 stores this fall. The test, which is set to begin in October, is part of the retailer’s new…

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Target Agrees to $2.8M Payout With EEOC

Target Corp. has agreed to pay $2.8 million to thousands of rejected job candidates for upper-level positions because tests they were given disproportionately screened out applicants based on their race…

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Target Turnaround Takes Hold

Target is on its way back. Shoppers are visiting the company’s stores more often and spending more on each trip, the Minneapolis-based discount-store chain said Wednesday. The company raised its…

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