Target

A general merchandise retailer based in Minneapolis.

Business
January 15
Target said Wednesday its comparable holiday sales grew 1.4%, not as much as expected and another sign that the holiday was lackluster for the nation'

After blockbuster year, Target's holiday sales were worse than expected

Retailer ended a 2019 of fast growth with a surprising slowdown in toys and electronics.
Business
January 9
All in Motion, a new line of activewear developed by Target’s in-house designers, will replace C9 by Champion, a licensed brand from Hanesbrands tha

Target's new All in Motion activewear brand will replace C9 by Champion

Retailer aims for market share in activewear.
Business
December 21, 2019
“We will continue to build out Target Plus, but we’re going to do it in a really thoughtful, disciplined way,” said Rick Gomez, Target’s chief

Nearly 100 sellers hawk 250,000 products through Target Plus marketplace

The Minneapolis-based retailer said it will be more selective than its competitors in what it offers.
Business
December 6, 2019
Steve Decker, blind since birth and lead accessibility consultant at Target, uses the Aira app on his phone to navigate the downtown Minneapolis Targe

Target offers free service for visually impaired shoppers at 600 stores for holidays

The Aira service uses a phone app to connect visually impaired people with an agent who helps guide them through public spaces. It's now available for free in 600 Target stores.
Local
November 28, 2019
Shoppers looked for deals on PS4 and Xbox at the Richfield Best Buy store just after it opened at 5 p.m. Thursday. Nov. 28.

Target, Best Buy set to paint the day black

In her first Black Friday as CEO of Best Buy, Corie Barry made a point of trying to shake every employee’s hand as a line…
Business
November 23, 2019
Target’s winning strategy includes remodeling stores and product differentiation, which involves introducing new in-house brands like sleepwear.

Target, Best Buy poised to rule retail leading into the holidays

It's a stark reversal from earlier this decade, when many questioned whether Minnesota's two big-box chains would withstand Amazon.
Business
November 20, 2019
Shoppers outside Target in downtown Minneapolis. The retailer reported third-quarter earnings on Wednesday.

Target flying high into holiday season as stock hits record high

A leap in clothing sales and success in its delivery options helped Target post stronger Q3 results.
Business
November 19, 2019
Target is suing one of its insurers over costs associated with 2013 data breach.

Target sues insurer for up to $74M in 2013 data breach costs

Target is suing its insurance company for denying claims to reimburse Target for tens of millions of dollars it paid out as part of settlements over the retailer's 2013 data breach.
Business
November 6, 2019
Shoppers browse the aisles during a Black Friday sale at a Target store, Friday, Nov. 23, 2018, in Newport, Ky.

With later Thanksgiving, Target will hold Black Friday preview sale this Fri.-Sat.

Target is holding its Black Friday preview sale this Friday and Saturday, a week later than last year with Thanksgiving also falling later on the…
Business
October 23, 2019
CEO Brian Cornell said Target will invest more than ever in employee training and hours for the holiday season.

Target to invest in extra payroll hours during the shortened holiday season

Target will spend extra $50M to boost employee hours and training this season.
Business
October 9, 2019
Mark Tritton has resigned as Target’s chief merchant to take the CEO job at Bed Bath & Beyond.

Target's chief merchant leaves to take CEO role at Bed Bath & Beyond

The Minneapolis-based retailer also named Michael Fiddelke as chief financial officer.
Business
October 7, 2019
The University of Minnesota has a security technologies degree and recently added a cybersecurity boot camp.

Target donates $250,000 to University of Minnesota to boost cybersecurity program

The retailer's $250K gift to the U will help fund program scholarships and more.
Business
September 24, 2019
Target information systems were down briefly again on Tuesday. Pictured is the downtown Minneapolis store on Nicollet Mall.

Target's systems briefly go down for third glitch to hit shoppers in 3 months

It affected cash registers, Target's website and mobile app.
Business
September 10, 2019
Target said it will hire more than 130,000 seasonal workers in stores and distribution centers to help it stay on top of what it expects to be a busie

Target to hire 130,000-plus workers for holidays to handle online orders

Last year, Target was the biggest holiday employer of any brick-and-mortar retail chain, and this year it plans to boost its holiday hiring.
Local
September 5, 2019
Target corporate headquarters in downtown Minneapolis.

Target Foundation announces new funding focus for Twin Cities nonprofits

The foundation is paying for training for nonprofits to navigate the transition.
Business
August 25, 2019
Target and Disney have worked for a year developing a store within a store concept that will debut in 25 Target stores in October. Credit: Provided by

Target teams up with Disney on interactive in-store shops

Retailer will add in-store shops to 25 locations, including Maple Grove.
Business
August 22, 2019
The Nicollet Mall Target store.

Target shares soar after strong results

The surge came after Minneapolis-based Target announced a 17% gain in profit for its fiscal second quarter and a 3.4% jump in comparable sales. Executives also raised their profit outlook for the rest of the year.
Business
August 19, 2019
Target is rolling out a new internal brand called "Good & Gather" including prepared meals like Chicken Parmesan.

Target to replace Archer Farms, Simply Balanced with new flagship food brand

The retailer's drive to revamp and update its house brands has now reached the grocery section. Executives say the new Good & Gather products won't have artificial flavors and sweeteners, synthetic colors or high-fructose corn syrup.
Business
August 17, 2019
“I’ve lived here longer than any place in my adult life. So I’m right at home now,” said Target CEO Brian Cornell.

Target CEO Brian Cornell sees turnaround as 'still in early innings'

CEO Brian Cornell, during his five years on the job, has taken a measured approach to the retailer's turnaround.
Business
August 8, 2019
FILE- This Feb. 9, 2018 photo shows Levi’s jeans hanging on a wall at Levi’s innovation lab in San Francisco. Well-known jeans company Levi Straus

Target to sell Levi's as jeans maker looks to replace sagging sales at Sears

The 'Red Tab' label will appear in 50 stores later this month.
Business
August 5, 2019
Jennifer Simons made a pitch for Dressmate during a Demo Day event. Target’s newest business incubator focuses on Gen Z entrepreneurs with a social

Target's newest incubator program focuses on Generation Z entrepreneurs

They're young and smart, and Target is tapping their energy and ideas in a new business accelerator.
Business
August 1, 2019
Target is celebrating 20 years of design partnerships by reissuing items from select collections. The Lilly Pulitzer limited partnership was one of Ta

Target celebrating 20 years of design collaborations by reissuing some favorites

Iconic pieces to be reissued to celebrate 20 years of collaborations with big names.
Business
January 23, 2019
Target says it will soon accept Apple Pay and other "contactless" payments.

Target joins 'contactless' wave, accepts Samsung, Apple, Google payments

The chain's 1,800 stores will all take payments by "tap" within a few weeks.
Business
December 28, 2018
Gene Munster of Minneapolis-based Loup Ventures missed on a prediction that Amazon would buy Target in 2018. But he thinks it could still happen in co

Amazon didn't buy Target in 2018, but top tech forecaster says that still makes sense

Tech analyst still thinks a Target-Amazon marriage could be in the cards some day.
Business
December 4, 2018
People in the First Ave. Main Room networked while waiting for the Demo Day program to begin.

Target will be joined by Germany's Metro in next year's Techstars program

Big retailers to invest in series of startups, offering money and expertise to create technology.