Target

A general merchandise retailer based in Minneapolis.

Business
April 20
Casey Carl’s projects at Target in recent months include a store-of-the-future concept with robots and initiatives undertaken by outside entrepreneurs he brought in as part of an in-house residency program.

Innovation chief departs Target as projects are dismantled

Casey Carl, a Target Corp. lifer and currently its chief innovation and strategy officer, is leaving the company amid a narrowing of innovation efforts to those that yield faster results tied to its core business.
Business
April 18

Target is weighing options for Food + Future lab in Cambridge, Mass.

As company prepared to shut down initiative, offer possibly surfaced.
Business
April 15
Harry's men's shaving display at an endcap at the downtown Target Wedn...

Target sharpens edge through partnerships with Harry's and Bevel razor companies

Selling Harry's and Bevel products helps the retailer with online competition.
Business
April 4

Target Redcard holders will get to preshop Victoria Beckham line

The retailer has sent about 500 of its Redcard-carrying customers invitations for them and a friend to attend prelaunch events on Saturday night at five stores around the country, including the Nicollet Mall store.
Business
March 20

Target names longtime Kroger executive Jeff Burt head of groceries

The Minneapolis-based retailer has struggled with its grocery business.
Business
March 4

Lee Schafer: Target's price-cut jargon is not fooling investors

The leaders of Target ought to at least consider ditching the use of the term price investment. Their institutional shareholders know exactly what this retail…
Business
February 28

Target to reduce prices, launch new brands as sales, profits fall

For the upcoming year, Target said it expects a low single-digit decline in comparable sales. Its shares plunged 13 percent.
Business
February 25

Groceries will be a topic of interest at Target investors meeting Tuesday

Food accounts for about one-fifth of Target's overall sales but is also one of the major factors in Target's nine-month slide in traffic and comparable sales.
Minneapolis
February 10

Target will spend $10M for full renovation of Nicollet Mall store

  Finally, some good news for Nicollet Mall. Target Corp. CEO Brian Cornell told Twin Cities business and civic leaders Thursday the company will invest…
Business
February 8

Target launches new mini-accelerator for health-related start-ups

The retailer's latest effort is one of a growing number of programs in the Twin Cities helping early-stage companies.
Business
February 1
Target is cutting some of its innovation programs as it deals with soft sales and traffic during the holidays.

Target cuts innovation efforts after decline in sales, traffic

The Minneapolis-based retailer has killed Goldfish, a secretive e-commerce start-up it greenlighted a year ago, and has shelved a prototype for a robot-infused store of the future that was slated to be built soon in Silicon Valley, according to multiple sources.
Business
January 31

Toyota, along with Target and Best Buy, lead fight against border tax

Firms that sell imported goods would be hit hard by the tax.
Business
January 25

Target pledges to remove PFCs, other chemicals from products

Target Corp. is stepping up its efforts to remove potentially harmful chemicals from products and to push suppliers to disclose ingredients with a sweeping new…
Business
January 21

Schafer: New tax plan could hobble Target, Best Buy

Big American companies are so good at sidestepping income taxes that many pay nowhere near the statutory rate of 35 percent. One notable exception is…
Business
January 20

Target's ex-grocery chief lands new gig at Supervalu

Anne Dament will be senior vice president at crosstown company.
Business
January 20

Rick Gomez will become Target's new chief marketer

Rick Gomez has pushed some of the retailer's flashier initiatives.
Business
January 19

Target makes big push into soccer marketing

Retailer will be a Major League Soccer partner as well as a major sponsor of Minnesota United.
Business
January 12

Lifetouch to close 136 Target portrait studios at end of month

Retailer evaluating how to fill the spaces.
Business
January 9
Carlos Moncayo Castillo CEO of Inspectorio spoke during Target's Techstars demo day on Sept. 20. The startup has raised $3.7 million in seed funding with Target's help.

Target invests in Mpls. start-up that helps retailers monitor supply chains

Company raises $3.7 million after participating in a retail accelerator program Target ran.
Business
December 10, 2016

Multicultural dolls a hit for Target and other retailers

As consumers finish up their holiday shopping in the coming weeks, they will find a markedly more diverse selection of dolls to choose from at big-box stores.
Business
December 3, 2016

This Christmas, Hatchimals could be bigger than Tickle Me Elmo

Retailers and analysts say they have not seen consumers this enthusiastic about a toy since Tickle Me Elmo.
Business
November 25, 2016
The Target in Eden Prairie was busy Thursday night as shoppers there made their way past big screen TV deals placed in the clothing section.

Retailers have high hopes as Black Friday kicks off

While the final numbers on Thanksgiving Day traffic won't be in for days, some Twin Cities store managers said the crowds seemed larger.
Business
November 24, 2016

Target extends Cyber Monday deal by a day — and also to stores

The retailer hopes to make the sale both more profitable and without the online glitches of last year.
Business
November 16, 2016

Target lifts holiday forecast after surprising 3rd quarter

Executives are more optimistic for the year-end shopping boom after a strong back-to-school season.
Business
November 10, 2016

Target opening at 6 p.m. Thanksgiving, Best Buy at 5 p.m.

Although the Mall of America closing started a small movement to move Black Friday back to Friday, most big box retailers are still opening on the holiday.