Target's new CEO says fresh eyes and respecting core values will help him regain customer trust
Read full article: Target's new CEO says fresh eyes and respecting core values will help him regain customer trustTarget plans to spend billions of dollars this year to end a persistent sales slump and to regain its image as a fun place to shop for stylish clothing, housewares, beauty products and packaged food at affordable prices.
Target to invest another $2 billion in its business this year to reverse its sales malaise
Read full article: Target to invest another $2 billion in its business this year to reverse its sales malaiseTarget is investing another $2 billion in its business this year to spruce up the store experience, remodel stores and invest in its workers as it tries to turn around a persistent sales malaise and reclaim its authority on style.
Protesters in multiple states press Target to oppose the immigration crackdown in Minnesota
Read full article: Protesters in multiple states press Target to oppose the immigration crackdown in MinnesotaActivists have planned protests at more than two dozen Target stores around the United States to pressure the discount retailer into taking a public stand against the 5-week-old immigration crackdown in its home state of Minnesota.
Target CEO reshapes his leadership team in first big move since taking over this month
Read full article: Target CEO reshapes his leadership team in first big move since taking over this monthTarget CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally.
Businesses face pressure to respond to immigration enforcement while also becoming a target of it
Read full article: Businesses face pressure to respond to immigration enforcement while also becoming a target of itBusinesses are coming into the crosshairs of President Donald Trump’s mass deportation campaign, whether it’s public pressure for them to speak out against aggressive immigration enforcement or becoming the sites for arrests themselves.
Minnesota CEOs issue joint letter urging de-escalation in Minnesota after shooting
Read full article: Minnesota CEOs issue joint letter urging de-escalation in Minnesota after shootingMore than 60 CEOs of Minnesota-based companies signed an open letter posted on the Minnesota Chamber of Commerce website on Sunday calling for state, local and federal officials to work together, as businesses grapple with how to address tensions in the state and across the country following two fatal shootings by federal agents amid a massive immigration enforcement operation that has spurred protests.
Quarterly profit slide at Target hints at a challenging holiday season for the retailer
Read full article: Quarterly profit slide at Target hints at a challenging holiday season for the retailerTarget’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation.
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
Read full article: Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost lusterTarget is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer base.
Pro-DEI organizers fired up to maintain Target boycott as promises go unfulfilled
Read full article: Pro-DEI organizers fired up to maintain Target boycott as promises go unfulfilledWhen Target announced its current chief executive officer was stepping down, organizers of a months-long consumer boycott took it as a hopeful sign and stressed that their actions will continue as long as promises go unfulfilled.
