Target

Target: SEC Won't Penalize it Over 2013 Data Breach
August 26, 2015 at 11:35 am

The Securities and Exchange Commission (SEC) decided not to penalize Target Corp. for the 2013 cyberattack that led to the exposure of millions of customers’ data, the company said Tuesday. The agency was one of several governmental entities to investigate the retailer in the wake of the attack, one of the largest against a U.S. company. In…

Target to Pay $2.8M to Settle Discrimination Suit
August 25, 2015 at 10:43 am

Target Corp. has agreed to pay $2.8 million to thousands of rejected job candidates for upper-level positions because tests they were given disproportionately screened out applicants based on their race or gender. The payout was announced Monday by the Minneapolis Area Office of the U.S. Equal Employment Opportunity Commission (EEOC) and will be disbursed among more…

Target Settles Visa Card Issuer Claims in Data Breach
August 19, 2015 at 2:46 pm

A settlement between Target Corp. and Visa Inc. moves the retailer a step closer to resolving most of the financial claims against it from the 2013 data breach. However, an attorney representing banks and other card issuers and a trade group representing credit unions pressed Target for more. Under the settlement announced Tuesday, Target will…

Target Continues to Shape Executive Team
August 17, 2015 at 3:55 pm

Target Corp. CEO Brian Cornell took a major step in reshaping the company’s senior leadership Monday by elevating Chief Financial Officer John Mulligan to a new role and reaching outside the firm for a new finance chief. He tapped Cathy Smith, a former executive for Express Scripts and Wal-Mart, as Target’s chief financial officer, starting…

Target Will Test Grocery Delivery
August 13, 2015 at 1:41 pm

Target Corp. plans to begin testing a grocery-delivery service soon as retail rivals stake out space in bringing food to customers' doorsteps. The Minneapolis-based retailer isn't offering many details about the effort, though the Star Tribune quotes Chief Marketing Officer Jeff Jones as saying a trial of the service will be offered "in the very…

Target Inks Deal With Aldo for A+ Shoe Brand
August 12, 2015 at 3:48 pm

Aldo Product Services, a division of Montreal-based Aldo Group, has signed on to create a new men’s and women’s shoe and handbag collection for Target. The brand, called A+, is inspired by the core Aldo merchandise and will launch this month in all Target stores throughout the U.S. “Style is an increasingly important area of…

Vogue Ads Skip a Step, Linking Readers to Target
August 10, 2015 at 3:12 pm

Iconic images from the pages of Vogue are getting a makeover, courtesy of Target. In an ad campaign running in the September issue of Vogue, the discount department store has reimagined classic images from the fashion magazine, dating to the early 1900s. In this topsy-turvy world, carpets and curtains sold at Target replace high-fashion dresses, a chunky…

Target Launches Beacon Test in 50 Stores, Will Expand Nationwide Later This Year
August 6, 2015 at 3:25 pm

Target, the second largest general merchandise retailer in the U.S., announced this morning that it will start testing beacon technology in 50 of its stores nationwide. With beacon technology, the company says it will be able to send information about deals as well as recommendations directly to consumers’ smartphones, provided they opt in to receive…

Back to School: Why Amazon Moves to the Head of the Class Over Target, Wal-Mart
August 5, 2015 at 1:45 pm

We find ourselves mid-year 2015 with the back-to-school shopping season upon us. The National Retail Federation reports that shoppers plan to spend about $630 overall on clothing, shoes, supplies and electronics for their K-12 students this year, a nearly 6 percent decline from the $669 average planned budget in 2014. Since the recession, consumers’ back-to-school…

Target to Rebrand CityTarget, TargetExpress Stores as Just Target
August 5, 2015 at 1:21 pm

As Target Corp. began rolling out smaller-format stores in the past few years, their names — CityTarget and TargetExpress — sometimes sparked confusion. While CityTarget stores located in dense urban areas are generally smaller than Target’s other big-box stores, that wasn’t the case with the CityTarget store that opened last month next to Fenway Park in…