Target

A general merchandise retailer based in Minneapolis.

Business
4:51pm
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
2:44pm
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.
Business
7:00am
Giant shopping bins display specials near the new checkout area on the...

Target ends yearlong sales slump with growth in store, online traffic

But the higher costs to fulfill online orders and the company's efforts to lower prices eroded its bottom line. Target's net profit in the second quarter dropped 1.2 percent.
Business
August 15
This Friday, Oct. 21, 2016, photo shows a Target store in Philadelphia...

Target acquires delivery technology firm, beefs up grocery team

Big changes coming with third-party delivery firm, revamped grocery team.
Don't Miss
July 31

Target steps up its game to court the college crowd

Target is cutting back its after-hours shopping events for students who were bused in from campuses, and is trying different strategies.
July 18

Target CEO has concerns about recent drop in Latino shoppers

At a tech conference in Aspen, Colo., on Tuesday, Target Corp. CEO Brian Cornell raised concerns about a recent drop-off in shopping among Latino customers,…
Business
July 17

Target's second class of Techstars start-ups start boot camp this week

Many are developing ways to bridge the digital and physical shopping experience
Business
July 13

Target says sales are on the rebound after a yearlong slump

Minneapolis-based retailer says shifts in strategy are paying off.
Business
July 11

Target is testing new curbside pickup service in Twin Cities

The retailer hopes to make the convenience available to the public in coming months.
Business
June 29

Target's Nicollet Mall liquor store will open Friday in time for first Sunday sales

The Nicollet Mall location opens its liquor store Friday, as state's new law kicks in this weekend.
June 27

Target takes a shot across bow at Amazon with Restock program

Restock, a delivery service for household items, is tested in the Twin Cities, other state markets.
Business
June 21

Target's investment in mattress maker Casper surprises some analysts

The fast-growing mattress company confirmed this week that Target was the lead investor in a $170 million round of funding.
Business
June 17

Amazon's purchase of Whole Foods shakes up grocery landscape that includes Target, Supervalu

The $13.7 billion deal is a direct challenge to Minnesota's biggest food retailers.
Business
June 14

Target's chief spokesperson is leaving the company

No reason was given; it's the latest change in a reshuffling of the company's management.
Business
May 27

Schafer: Social trends portend dire future for brick and mortar

There's so much bad news about retail that it's becoming ho-hum. But few of the articles even hint at a cyclical slump to explain what we're seeing. It's now clear it's not cyclical.
Business
May 26

Target cuts nearly 40 jobs in restructuring of merchandising division

Employees are eligible for severance packages.
Business
May 23

Target to pay $18.5M to 47 states over 2013 data breach

The settlement is the largest of its kind to date.
Business
May 17

Target looks to capture more business from bankrupt retailers

Sales and adjusted profit fell for the Minneapolis retail giant, but not as much as expected. And there are glimmers of strength for the rest of the year.
Business
May 17

Target reels in another popular online brand: Casper mattresses

Casper brand products will be sold on the retailer's website beginning next month.
Business
May 13

Ex-Amazon exec working to transform Target from elephant to gazelle

For 16 years, Arthur Valdez helped Amazon set the bar in retail for getting packages to customers at warp speed. Now he's doing the same at Target Corp.
Business
May 8
Target Express has a large selection of snack foods, left, and smalle...

Target to start testing regular delivery of everyday items

Possibly as soon as next month, Target Corp. will start testing Target Restock, a program to deliver everyday household staples that is similar to Amazon's Pantry program for Prime members.
Business
May 2

Target CEO made $9.1M last year, but didn't get incentive bonus

Compensation packages were adjusted for many executives as retailer tries to find footing.
Business
April 28

Target is shutting down food lab in Massachusetts after all

An offer to buy Target's Food + Future lab surfaced at the last minute as the Minneapolis-based retailer was preparing to wind it down. But Target apparently couldn't come to terms with the buyer.
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.