Target

A general merchandise retailer based in Minneapolis.

Business
September 1
With this latest round of layoffs, Target now has a little under 11,000 people in its corporate offices.

Target lays off 235 in Twin Cities tech ops, 40 in India

Technology units had been spared in earlier layoffs while a new executive assessed the structure.
Business
August 25

Target: SEC won't penalize it over 2013 data breach

The company still faces lawsuits from financial institutions and investigations by state attorneys.
Business
August 22

One year in: Brian Cornell says he's here to stay as tries to modernize Target

Brian Cornell has jolted the company since taking over a year ago, but he says he’s at Target for the long haul.
Business
August 19

Target CEO says store's stocking problems are "unacceptable”

The problem clouded the retailer’s better-than-expected second-quarter profit report.
Business
August 18

Target to pay Visa $67M in settlement over data breach

The arrangement contrasts with a $19 million settlement between Target and MasterCard Inc., which fell apart in May when banks and other issuers rejected the amount as too low.
Business
August 17

Target elevates Mulligan, hires new CFO as Cornell continues to remake leadership team

John Mulligan, finance chief since 2012, will step into new role as chief operating officer.
West Metro
August 13
Target Corp. will sell this west campus building near the border of St. Louis Park and Minneapolis.

Target to sell I-394 building, move 1,300 to Brooklyn Park

Target Corp, which has slimmed down its Twin Cities headquarters workforce in recent months, will sell its west campus building near the border of St. Louis Park and Minneapolis.
Business
August 12
Brian Cornell, the CEO of Target, mingles before speaking at Target's...

Target execs ask suppliers to embrace changes in stores and online

Executives zero in on changes in operations, such as testing out deliveries of groceries.
Business
August 8

Target to stop using gender-based labeling in store toy aisles

The retailer said gender references for products will remain on Target.com to accommodate online searches.
Business
August 5
Small, nondescript rectangular boxes have been tucked away on top of s...

Target testing system to send deals to smartphones as customers shop

Target Corp. is taking the next step to integrate smartphones into shopping via a system that alerts customers to deals and reviews as they walk through a store.
Business
August 5
Target Corp's first Target Express store is scheduled to open soon in...

Target to rebrand CityTarget, TargetExpress stores as just Target

The name change is to reduce customer confusion.
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.