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Target soars 9% after crushing earnings and reporting record same-store sales jump
The boosted sales reflect "the continuation of heightened sales volume and significant investments …
Carmen Reinicke
Target's earnings smashed analyst expectations. Its revenue for the quarter jumped past $22 billion, and its online sales are booming – but more customers are visiting its stores, too.
Target's total revenue for the quarter reached $22.6 billion, an increase of 21.3% compared with la…
Grace Dean
Target has announced, 10 months in advance, that it will close all its stores on Thanksgiving Day 2021
The response to Target closing its stores on Thanksgiving Day 2020 was "so positive" that it's doin…
Grace Dean
Target climbs as jump in digital sales drives first-quarter earnings beat
Sales of apparel and home goods items increased, helping Target gain more than $1 billion in market…
Carla Mozée
Walmart and Target CEOs say uncertainty looms even as sales skyrocket
"There's just so much uncertainty today," Target's CEO said Wednesday, echoing similar remarks by W…
Hayley Peterson
Target's Woes Continue As Thousands Of Gift Cards Fail To Activate
Tens of thousands of Target gift cards have failed to activate properly, furthering the retailer's …
Hayley Peterson
Target Says Its Customers' Credit Card PINs Have Been Stolen - But Don't Worry About It
While we previously shared that encrypted data was obtained, this morning through additional forens…
Jim Edwards
This Is The Man Security Experts Believe Runs The Black Market For Hacked Target Credit Cards
Krebs is not saying that Helkern engineered the Black Friday hack of Target's checkout systems. Rat…
Jim Edwards
Target will offer free undergraduate degrees for its 340,000 US workers, following a similar move from rival Walmart
Target is launching an education assistance program to offer 340,000 workers debt-free undergraduat…
Sarah Jackson
Target is recalling over 400,000 pieces of kids clothing due to possible choking hazard
The items were sold in 2019 and 2020, both in stores and online. Target is offering a full refund i…
Barbara Smith
Target is re-opening its looted Minneapolis store, adding a wider variety of spices and remodeling changes to improve its reputation with Black shoppers
Target executives reportedly met with Black residents and employees to take suggestions on how to i…
Allana Akhtar
Target drops 8% as it cuts its profit margin outlook on a plan to slash excess inventory while it leans into shifting customer demands
Target customers are buying more food and beauty products and less home decor. The retail giant gav…
Carla Mozée
New ransomware targeting Asian nations using malvertising, says cybersecurity firm Kaspersky
Cybersecurity researchers have discovered a very sophisticated Exploit Kit that is targeting countr…
Target's 2020 sales soared by a massive $15 billion - bigger than the combined growth of the last 11 years
Target's full-year sales rose by more than $15 billion, and its fourth-quarter sales were up by 21%…
Kate Duffy,Reuters
Target Has 40 Million Angry Customers After Holiday Hack
Investigators are still trying to understand how the attack was carried out, including whether hack…
Jim Finkle and Dhanya Skariac…
Target is giving frontline workers $70 million in bonuses — but their growing gig workforce say they just got hit with a major pay cut
Target announced the bonus Monday, the same day some of its gig workforce protested outside Target …
Allana Akhtar
Target adds to its Good & Gather brand as private label sales soar
Target is adding hundreds of new items to its Good & Gather brand, one that's exclusive to the comp…
Evan Sully
Target will take a page from Walmart and close its doors on Thanksgiving Day, ending a Black Friday tradition
Target is following in Walmart's footsteps and closing on Thanksgiving.
Madeline Stone
Target is giving all store workers another bonus of at least $500
Target's sales boomed during the pandemic, with online orders nearly doubling from 2019 to 2020.