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TARGET

  • Target to celebrate its first from-the-ground-up build in Toronto

    MISSISSAUGA, Ontario — Target is celebrating on March 14 the official grand opening of its Toronto Stockyards store. This is its first from-the-ground-up build in Toronto, which marks a major milestone for the retailer as it continues its expansion across the country through 2014.

  • Target, MLB team up for education

    MINNEAPOLIS — Target and Major League Baseball are working together this baseball season to engage guests and fans in celebrating the nation’s teachers and inspiring kids.

  • Report: Data breach takes toll on Target's shopper penetration

    BOSTON — Target’s pre-Christmas database breach not only affected the retailer’s fourth-quarter same-store sales, but also contributed to plummeting shopper penetration post-holiday, according to a new report by Kantar Retail.

  • Oyin Handmade hair and body brand to launch at Target

    BALTIMORE, Md. — Indie beauty brand Oyin Handmade has announced that, starting in April, its products will be available in select Target stores across the country and online at Target.com.

  • Reports: Target CIO resigns in wake of data breach

    MINNEAPOLIS — In the wake of a huge data breach just before the Christmas holiday, Target’s CIO Beth Jacob is resigning, according to published reports.

    According to a New York Times report, which cites a statement released to the Associated Press, the move is effective Wednesday and the company will look for an interim CIO.

  • Target sees decline in Q4 sales

    MINNEAPOLIS — Target announced on Wednesday a decline in fourth-quarter sales and earnings; however, executives expressed optimism as they plan for the new fiscal year and work to restore consumer confidence following the data breach.

  • Walmart, Kroger identified as leading retailers in providing opportunity to diversity business owners

    SOUTHPORT, Conn. — DiversityBusiness.com earlier this month named the “Top 50 Organizations for Multicultural Business Opportunities." More than 1.3 million diversity business owners participated in an online election to determine the “Top” 50 organizations. Wal-Mart Stores was named the leading retailer and No. 2 overall for providing business opportunities to diverse business owners throughout the United States. Food, drug and mass retailers Kroger (No. 11), Target (No. 18), Supervalu (No. 23), Walgreens (No. 26) and Ahold USA (No.

  • Report: Target exec apologizes for security breach in testimony

    MINNEAPOLIS — John Mulligan, EVP and CFO of Target, said the retailer is deeply sorry for its late 2013 data security breach and is aware that consumer confidence in the company is shaken; his comments came during a Feb. 4 testimony before the Senate Judiciary Committee.

    According to Reuters, Mulligan also said that Target discovered 25 registers infected with malware on Dec. 18, contradicting an earlier statement from the retailer that all malware had been removed by Dec. 15.

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