Target donates to flood-relief efforts in Colorado

MINNEAPOLIS — Target is donating $25,000 for relief efforts in Colorado following devastating floods there, the mass merchandise retailer said Thursday. The donation includes $20,000 for the American Red Cross and $5,000 in food, water and baby items.

According to media reports, about half a dozen people are confirmed dead and 200 are unaccounted for amid floods caused by what the National Oceanic and Atmospheric Administration called once-in-a-millennium rainfall. Property losses are estimated at nearly $2 billion.

"As our communities in Colorado begin to recover from these massive floods, our team stands shoulder to shoulder with our neighbors in the area," Target chairman, president and CEO Gregg Steinhafel said. "To aid local recovery responses, we will donate product and funds and make sure our stores closest to the disaster area are able to offer needed supplies."