TARGET

Target responds to COVID-19 outbreak by offering access to paid leave

Target will raise its pay for employees by $2 an hour until at least May 2, and offer paid leave for up to 30 days for team members most at risk for contracting COVID-19.

Retailers adjust store hours, focus on employees amid COVID-19 outbreak

As the COVID-19 pandemic continues, the industry is taking steps to keep stores safe for consumers and associates while still serving as a resource.

Target temporarily halts store remodeling, growth initiatives

Target is putting a temporary hold on some of its store remodeling and growth initiatives to minimize potential disruptions as it focuses on serving customers during the coronavirus pandemic.

White House taps retailers to serve as drive-through testing sites

Executives from CVS Health, Walgreens, Walmart and Target were on hand in the Rose Garden Friday, pledging space outside their stores for drive-through testing for COVID-19.

Target sets its sights on smaller stores for 2020

Target is planning to open nearly 36 locations in 2020 and expand its smaller-sized format.

Target reports mixed Q4 results

Disappointing sales of toys, electronics and home goods made for a somewhat mixed fourth quarter for Target.

Target makes best e-commerce retailers list

Target is poised to bypass three competitors to become No. 8 on eMarketer’s list of the top U.S. e-commerce retailers.

Target reports sluggish holiday sales, missing estimates

Target’s comparable sales inched up 1.4% in the combined November/December period, compared with growth of 5.7% a year ago.

Target extends holiday hours

Target is extending holiday store hours and delivery deadlines.

Target’s Q3 tops analysts’ estimates

Target’s net income rose to $714 million and adjusted earnings per share grew to $1.36 from $1.09, above analysts’ estimates of $1.19.

Target’s same-day delivery service now available on mobile app

Target is making its Shipt same-day delivery service available on its consumer app for the holiday season.

Soylent strawberry multipack hits Target shelves

For every strawberry multipack sold at Target until Dec. 14, Soylent will donate the financial equivalent of one meal to Swipe Out Hunger.

Target plans enhanced guest services for holiday season

Target is adding team members to assist in-store during peak hours, as well as expanding its fulfillment and same-day services team.

Target wants to carve a niche within the grocery segment

At the Groceryshop event, Stephanie Lundquist, executive vice president and president of food and beverage at Target, said the company doesn’t want its business merely to be functional and transactional.