Target

A general merchandise retailer based in Minneapolis.

Business
July 29

Target loses a key digital executive behind Cartwheel app

Alan Wizemann oversaw the successful Cartwheel retail app.
Business
July 14

TargetExpress prepares for Highland Park opening

Youthful red-shirted employees scurried around the TargetExpress store in St. Paul’s Highland Park on Tuesday, stocking shelves in preparation for the store’s July 22 opening.…
Business
July 10

Target opens a ministore for the Internet of Things

The retailer will use the space in San Francisco as a lab to see how it might replicate some of the storytelling and customer education aspects in its 1,800 big-box store and on its website.
Business
July 9

Target Commercial Interiors is rebranded Atmosphere under new ownership

Target’s former commercial furniture business, under new owners, is rebranded as Atmosphere.
Business
June 25
Kathee Tesija, shown in April when Target's Lilly Pulitzer collection was unveiled, is leaving as the retailer''s chief merchandising officer, ending a 29-year career.

Target revamp continues as No. 2 exec leaves

Kathryn A. Tesija, the de facto No. 2 executive at Target Corp. and its chief merchandiser since 2008, is leaving, the company said this morning.
Business
June 17

Target cuts 140 more jobs at Minneapolis HQ

Target Corp. laid off 140 more people at its Minneapolis headquarters this morning, in a move that was more precisely influenced by the needs of its new structure than larger reductions had been earlier this year.
June 16

Target sells pharmacies and clinics to CVS Health for $1.9 billion

Further focus on core business may lead to more layoffs.
Business
June 15

Target's exit comes as the pharmacy business becomes more rough and tumble

The deal to sell its pharmacies is a reflection of a competitive pharmacy industry and an inward-focused Target.
Business
June 15

Target selling its pharmacies, clinics to CVS for $1.9 billion

The sale of 1,660 pharmacies and 80 clinics is one of the biggest transactions involving a Minnesota company this year.
Business
June 10

After premature news release, Target increases dividend, doubles share buybacks

The company announced the moves Tuesday night after prematurely announcing them during trading hours earlier in the day.
Business
June 5

Target CEO reiterates commitment to Twin Cities

Brian Cornell said that while Target is in the midst of major upheaval that has meant the loss of more than 2,000 jobs in the Twin Cities, it is here to stay and will keep giving 5 percent of its pretax profits to local communities.
Business
June 4

Target lays off 180 workers in India

The cut is smaller as a portion of the overall workforce than was seen at the Twin Cities headquarters earlier this year.
Business
May 22

$19M data-breach deal between Target, MasterCard is voided

The proposed $19 million settlement between MasterCard and Target over the Minneapolis-based retailer’s 2013 data breach has been voided after not enough banks signed off on the plan.
Business
May 21

Flashy sales events are fine, but Target improves from many small moves

Quarterly profit rose more than expected after new CEO Cornell’s plan to re-emphasize cheap-chic products paid off.
Business
May 19

Schafer: No need to 'transform' Target; just run it better

Target’s executives on Wednesday morning will have no choice but to update shareholders and analysts on the company’s “transformation.” If they don’t do it upfront,…
Business
May 14

Target sells its office furniture business to Omni Workspace

The transaction will keep the business based in Minneapolis.
Business
May 11

Target ball Web craze is merrily rolling along

Cullen Byington is still not quite sure why he decided to take a photograph of himself with the big red balls outside of Target stores…
Business
May 8
FILE � A pallet jack sits in aisles closed off during the final days o...

Wal-Mart, Canadian Tire buy some Target spots in Canada

The two big retailers are taking 25 of the 133 stores Target closed recently.
Business
May 7

Judge: Settlement between Target and MasterCard can go forward

Federal judge cannot stop out-of-court agreement related to the data breach.
Business
May 1

Suppliers wonder how they fit in with Target's new priorities

As the retailer mulls inventory changes, vendors attended a consulting firm’s workshop to prepare for what lies ahead.
Business
May 1

Target lays off 100 administrative assistants

The cutting of 100 jobs had been expected since March layoff drove out 1,700 employees.
Business
April 28
In this March 5, 2013 photo, a Canadian flag flies on the car of a cus...

Losses, shutdown in Canada take a toll on Target executives' compensation

The cuts in stock compensation reflected the company’s losses from its expansion into Canada.
Business
April 22

Banks ask court to block part of $19 million settlement over Target's data breach

The banks say the formula used to reach the settlement doesn’t reflect the damages they suffered.
Business
April 21

While Lilly Pulitzer fans fume, Target counts sales as success

Shoppers who missed out on the Lilly Pulitzer collection will be back, earlier, analysts say.
Business
April 20

Lilly Pulitzer rush overwhelms Target's website, quickly sells out at stores

A spokesman calls Web traffic “on par with Black Friday.”