Target

A general merchandise retailer based in Minneapolis.

Business
December 13
This Wednesday, May 3, 2017, file photo shows a Target store in Omaha, Neb. Target plans to boost its same-day delivery capability by paying $550 million for Shipt, its latest move to try to catch up

Target buys Shipt for $550 million, expanding same-day delivery

Deal is seen as a move to counter Amazon.
Business
December 4

Target rolls out mobile wallet to app for Redcard holders

Retailer rolls option into smartphone app instead of joining Apple Pay.
Business
December 2

From Target to Toys 'R' Us, retailers are throwing parties this holiday season

Big-box retailers are concentrating on experiences to help fight the exodus to online shopping.
Business
November 24
The Mall of America holiday decor provided the perfect selfie backdrop for shoppers Friday. An early report had 2,500 people in lines around the mall to get in at 5 a.m.

Shoppers turn out in force as Black Friday rolls into high gear

Even if the kickoff for holiday shopping has lost some of its frenzy, shoppers turned out in force. And it's become a bigger time for online sales.
Business
November 18

In holiday twist, Best Buy is selling Barbies, while Penney's hawks TVs

Retailers are looking for ways to boost flagging sales and to stop shoppers from flocking to the likes of Amazon.com.
Business
November 15

Target's conservative profit outlook for holiday sends shares tumbling

Target continued to show sales growth for the second quarter in a row while its investments in lowering prices and store remodels took a toll on its bottom line as expected.
Business
November 11

Target and Best Buy are looking for a merry buying season

Twin Cities retailers set to report third-quarter results this week, displaying if their momentum continues.
South Metro
November 7

Target is closing 12 U.S. stores, including the Hastings store

The stores have been underperforming, the Minneapolis-based retailer said.
Business
November 6
Many shoppers made their way straight to the big screen televisions af...

Target won't keep stores open all night on Thanksgiving, but some other retailers will

It will open at 6 p.m. on Thanksgiving night, then close at midnight.
Business
October 23

Target plans fewer promotions it hopes will pack bigger holiday punch

After a disappointing 2016, the retailer is changing its strategy.
Business
October 19
Target CEO Brian Cornell addresses reporters and investors at the retailer's new store in Manhattan's Herald Square.

Target to remodel more stores in battle with Amazon, Walmart

With updated stores paying off, Minneapolis retailer boosts how many it will redo.
Minneapolis
October 17

Target opening small-format store in Uptown, dozen other places

It's one of the Minneapolis retailer's smaller format stores
Business
October 13

Two startups from Target + Techstars accelerator moving to Minneapolis

Several already have pilot projects in place with Target
Business
October 12

Target teams up with Google for voice-assisted shopping and nationwide delivery

The Minneapolis-based retailer is hoping it will capture more online customers through the partnership.
Business
October 2

Target's test of curbside pickup launches at 50 Twin Cities stores

"Drive Up" service launches at 50 stores in the Twin Cities area.
Business
September 28
Freshii will close its outlets at 18 Target stores, including this one on New Brighton Boulevard in Minneapolis.

Freshii exits Target, ending 2-year trial that didn't work out

Freshii Inc., a salads and wraps restaurant chain, is closing the 18 locations that it opened in Target Corp. stores over the last two years, including one in Minneapolis.
Business
September 23

Schafer: Could Amazon steal the Twin Cities' top talent if it expands here?

Complaining about competing against Amazon for workers would make Best Buy and Target look like whiners. But it's clearly an issue.
Business
September 16

Target, Best Buy and even Amazon among retailers who see new power in stores

The approach to invest in the physical seems counterintuitive at a time when the digital onslaught is leading other retailers to shutter hundreds of locations or go out of business.
Home & Garden
September 13
HGTV stars Chip and Joanna Gaines are teaming up with Target to roll out a new home and lifestyle brand.

Target teams up with HGTV's 'Fixer Upper' hosts Chip and Joanna Gaines

New home and lifestyle brand will be called 'Hearth & Hand with Magnolia.'
Business
September 12

Target managers to begin 14-week 'innovation sprint' to sprout new ideas

Retailer shows off local advances ahead of annual fall employee meeting.
Business
September 1

Target's chief risk and compliance officer is leaving

Jackie Rice, a former automotive industry executive, was one of the first people brought into the company by Brian Cornell.
Business
August 23

Target taps Minsok Pak to be new chief strategy and innovation officer

CEO Brian Cornell said that the retailer plans to continue to innovate while focusing on its core business.
Business
August 21

Target's Nicollet Mall store makeover gives glimpse into plan to retool stores

The $10 million makeover of the Nicollet Mall Target is complete, giving a glimpse of the Minneapolis retailer's plan to retool its stores
Business
August 16
Giant shopping bins display specials near the new checkout area on the...

'Green shoots' emerge as Target pulls out of yearlong sales slump

But the higher costs to fulfill online orders and a broader price-cutting effort eroded Target's bottom line. Its second-quarter profit fell 1.2 percent.
Business
August 16
Rick Gomez, Target's chief marketing officer, stood for a portrait Thu...

Target refreshes brands to stay relevant, phasing out Merona and Mossimo

Target is about to launch the first big wave of 12 new brands as it tries to revive sales, image.