Tag:

Target

Latest Headlines

Latest Headlines

Target's income and revenue rise 3% under new CEO

Target beat analyst estimates by growing income 3.2 percent and revenue 2.8 percent. The more than 3 percent profit growth shows that the company is rebounding under new CEO Brian Cornell and is almost back to revenue levels seen before last holiday's data breach.

Target app introduces interactive maps, shopping lists

Target's new app features include in-store navigation, interactive maps, enhanced shopping lists and search capabilities.

Target app introduces interactive maps, shopping lists

Target's new app features include in-store navigation, interactive maps, enhanced shopping lists and search capabilities.

Walmart tests online price matching, drives managed analytics adoption

Pricing is under a microscope as we head into the holiday season. Price monitoring and price matching are being keenly watched. Will retailers better navigate these waters?

Target names Jacqueline Rice chief risk and compliance officer

Target announced that it has hired Jacqueline Hourigan Rice in the role of senior VP, chief risk and compliance officer, effective Dec. 1. She will report directly to CEO and Chairman Brian Cornell, and will be responsible for centralized oversight of enterprise risk management, compliance, vendor management and corporate security.

Target names former GM exec as senior VP, chief risk and compliance officer

Target announced that it has hired Jacqueline Hourigan Rice in the role of senior VP, chief risk and compliance officer, effective Dec. 1. She will report directly to CEO and Chairman of the Board Brian Cornell, and will be responsible for centralized oversight of enterprise risk management, compliance, vendor management and corporate security.

Target closing 11 stores

Target announced it will shutter 11 locations as of Feb. 1 of next year. "The decision to close a Target store is only made after careful consideration of the long-term financial performance of a particular location," said the company's statement. Employees at the locations are being offered an option to transfer to another store or a separation package.

Target introduces 3D printing for holiday items

Those watching the 3D printing category can now look beyond office supply retailers. Target is now offering 3D printing for small decorative and gift items for the holidays.

Target launches 3D printing for holiday gifts

Target announced a partnership with Shapeways, an online 3D printing marketplace and service. Using the 3D technology and ideas developed by the Target design team, the retailer is offering consumers a new collection of charms, rings and holiday ornaments that can be customized online and mailed to friends and family.

Analyst speculates on Target's Canadian exit

Target's struggles since entering the Canadian market have been well documented, and now one analyst is speculating that the big box chain could leave the market soon. According to a report from CIBC Capital Markets, Target could be looking to put an end to its business in Canada. Target "has been a disaster in Canada, producing sales at about half of our initial projections and running deep operating losses," Perry Caicco, CIBC analyst told  Supermarket News.