TARGET

The Federal Trade Commission is launching an investigation into whether mergers in the baby formula industry contributed to the current shortage.

CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."

The Walmart, Target inventory misses and markdowns could just be a signal the consumer is shifting from goods to services, or a more ominous inflation warning.

Best Buy Co. has posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits.

The first shipment, carrying 78,000 pounds of specialty infant formula, arrived Sunday.

Choose your plan ArrowRight The Dow Jones industrial average gained 200 points, or 0.65 percent at the open but remained on track for its ninth straight losing week. AdvertisementJPMorgan said this week that the market is pricing in a 70 percent chance of near-term recession, suggesting investors lack confidence the Fed can contain inflation without triggering a downturn. Fed officials have been attempting to pace increases so as not to smother economic growth, a difficult balance to strike. Asian markets closed higher across the board, led by Hong Kong’s Hang Seng Index, which surged nearly 3 percent. European indexes followed suit, with Britain’s FTSE100 and Germany’s DAX climbing nearly 2 percent in midday trading.

U.S. stock futures rose slightly Thursday night, as traders watched to see if the S&P 500 will tumble into bear market territory.

The S&P 500 is down nearly 19% from a record high earlier this year — just shy of the 20% point that defines a bear market.

Over the past two days, Jim Cramer said on the Club's "Morning Meeting" he would want to buy more P&G if not restricted from doing so.

High inflation, rising interest rates and disappointing corporate earnings are souring Wall Street's outlook.

Payton Gendron’s violence in Buffalo was not an isolated incident but one thread in a web of anti-Black hatred.

Shares are sharply lower in Asia after a broad retreat on Wall Street.

While we may not be able to control the day-to-day action in the market, what we can control is how we react to it.

The stock market’s slump this year briefly pulled the S&P 500 into what’s known as a bear market Friday, before a late rally put the index in the green.

Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.

Retail stocks are getting slammed. However, "I'm willing to own Costco through the cycle," CNBC's Jim Cramer said Wednesday.

The Dow fell by more than 1,000 points as retailers' earnings reports reflected difficulty navigating higher prices and supply chain bottlenecks.

Mixed results from retailers and officials' concerns about "stagflation" are stoking fears of an economic downturn.

"When individuals suffer money challenges ... there's tremendous potential for stress," said Mark Hamrick, Bankrate's senior economic analyst.

Four major retailers — Walmart, Target, Home Depot and Lowe's — reported quarterly financial results this week.

These are the stocks posting the largest moves in midday trading.

Jim Cramer says the retailers should have preannounced the bad news.

Retailers Target and Walmart reported big misses this week on rising costs, while Home Depot managed to weather inflation and post strong earnings.

These are the stocks posting the largest moves before the bell.

The big-box retailer, which sells a lot of general merchandise, may illustrate how consumers are directing their dollars amid inflation and a shift to services.

U.S. Treasury yields fell on Wednesday morning, as concerns around inflation continued to weigh on investor sentiment.

Retail sales were expected to rise 1% in April, according to Dow Jones estimates.

A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that have already strained the countrys formula stock, an issue that was further exacerbated by a major product recall in February. Abbott has reached an agreement with the Food and Drug Administration to reopen its manufacturing plant in Michigan to help ease a nationwide shortage of baby formula, the company announced on Monday. Abbott said it can restart the Michigan plant within two weeks subject to FDA approval. Mothers are struggling to find formula for their infants amid a nationwide shortage that has left shelves empty in many stores. In February, Abbott issued a voluntary recall of its Similac PM 60/40, Similac, Alimentum and EleCare products made at the Michigan plant.

Target employees at a store in Virginia filed on Tuesday with the National Labor Relations Board for a union election.

U.S. consumer confidence dampened slightly in April but remains high and inflation concerns continue to weigh on their short-term outlook.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Amazon, Walmart, Best Buy, Gamestop and more.

Watchdog group Accountable.US notes that the nation's top 10 retailers have recently generated $99 billion in profit.

The top 10 retailers have raked in $99 billion of profit last year, according to one corporate accountability group.

The former retail giant is closing its fourth remaining store, in Avenel, New Jersey, on April 16.

The former retail giant is closing its fourth remaining store, in Avenel, New Jersey, on April 16.

If you haven’t already heard, Target’s car seat trade-in event is back, and you don’t want to miss this.

Struggling to compete with Walmart's low prices and Target's trendier offerings, Kmart filed for Chapter 11 bankruptcy protection in 2002.

Pakistan's prime minister warns that if he is ousted, he won't recognise an opposition government.

The retailer's landing page on ThredUp includes items from its private labels along with select items from luxury and designer brands.

“This is a grand theft from our stores… all of us pay for it,” the sheriff said.

Retailer joins competitors including Amazon and Walmart in accepting SNAP benefits for online food orders.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Amazon, Walmart, Best Buy, Gamestop and more.

The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates.

Until 2020, Vanguard had collected the most new investor money in target-date funds each year since 2008, according to Morningstar.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Amazon, Walmart, Best Buy, Gamestop and more.

Mar. 17—Authorities say a 23-year-old woman who apparently was upset over a prior purchase trashed a Target store in West St. Paul — throwing merchandise on the floor, smashing display cases, knocking over display stands — during an angry outburst that caused at least $7,000 in damage. Gaylynn Atlene Bailey of West St. Paul was charged Thursday in Dakota County District Court with felony ...

One of the retailer's California locations will become its most sustainable store and it may be turned into a new model to power locations across the country.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Amazon, Walmart, Best Buy, Gamestop and more.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Amazon, Walmart, Best Buy, Gamestop and more.

The couple filmed the prank and posted it on their YouTube channel. They were charged with conspiracy and third-degree criminal trespassing.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Target, Best Buy, Gamestop, Amazon and more.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Target, Best Buy, Gamestop, Amazon and more.

When you start accumulating assets elsewhere or are approaching retirement, it may be worth examining whether you should part ways with your target date fund.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Target, Best Buy, Gamestop, Amazon and more.

Looking to buy a PS5? Here's a handy guide for tracking restocks at Target, Best Buy, Gamestop, Amazon and more.

The discount chain has many ways to stay profitable in the face of higher costs.

Target will invest up to $5 billion this year in physical stores, new brands and expanding its online fulfilment as the discounter continues to drive sales growth and differentiate itself from rivals.

Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year.

These items “honor the sacrifice of Black leaders of the past while amplifying and celebrating the voices of the Black community today.”

For big companies across the country, it's now up to them to decide whether to require employees to get vaccinated.

The Jim and Tabitha Furyk Foundation are helping local at-risk children receive meals for the holidays.

The Clay County Sheriff’s Office has released an image of a man it said was taking photos up a woman’s dress inside a Target store in Fleming Island. Now deputies are searching for him.

Jessica Morgan from Jacksonville Mom joined us on our Countdown to Black Friday River City Live Special to give you some tips on when to online vs. in-store. Here are some pointers to help you tackle Black Friday this year.

Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic.

Companies that would typically hire seasonal workers are heading into the holidays during what consumer experts say is one of the tightest job markets in decades.

Target delivered another quarter of strong results, overcoming a slew of challenges from inflationary pressures to congested ports.

Many popular stores, such as Walmart and Target, announced their stores will be closed on Thanksgiving Day.

The cost of groceries is up 4.5% from last year-- and prices are still rising.

Court testimony shows that the Minnesota State Patrol purged emails and text messages immediately after protests over the death of George Floyd during which the agency is accused of targeting journalists.

Target is once again offering coupons for people who bring in old car seats to recycle.

Best Buy Co. is raising its full-year sales outlook after the nation’s largest consumer electronics chain posted fiscal second-quarter results that beat analysts’ projections.

We somehow made it to August, which means it’s back-to-school time for students and teachers everywhere.

Target’s streak of strong results extended into its latest quarter but its skyrocketing online sales growth has come back to earth.

Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.

Target, CVS, Winn-Dixie, Publix, Trader Joe’s, Costco, Sam’s Club, Walmart and Starbucks have all announced they’re dropping their requirements that fully vaccinated customers wear face coverings in their stories, following Centers for Disease Control and Prevention guidance issued Thursday.

Retail sales in the U.S. were flat in April, after soaring in March, when many Americans received $1,400 stimulus checks that boosted spending.

Target will spend a total of more than $2 billion at Black-owned businesses by 2025 as part of its effort to advance racial equity.

Target is once again offering coupons for people who bring in old car seats to recycle.

There is no toilet paper. There are no paper towels back there, and they’re kind of rationing out the waters,” said shopper Marie Norman. Limits on certain grocery items became necessary, including toilet paper. The Bacardi plant in Jacksonville started producing hand sanitizer. At the stores today, toilet paper is stocked and hand wipes are readily available.

JACKSONVILLE, Fla. – Tru by Hilton just opened its doors at its tucked-away spot in Jacksonville’s south Mandarin area located near Whole Foods, Publix and Target. The four-story, 106-room hotel at 2970 Hartley Road opened its doors on Feb. 16 and is one of five that the brand intends to open in the area. The “Tru” brand is a newer, more modernized version described as “minimal but meaningful.”The Tru by Hilton brand promotes its rooms with “open shelves, doorless closets and wood-like flooring,” along with a “large TV and premium channels” that create an open feel. Game area at Try by Hilton in Mandarin“Our hotel rooms are minimal but meaningful,” said Kyle Stanton, night auditor at Tru by Hilton. The lobby provides plenty of seating for any guests wanting to eat food, work, or just relax.”Pool area at Tru by Hilton in MandarinRoom rates are available online.

The February gain marked a sharp pickup from the 166,000 jobs that were added in January and the loss of 306,000 in December. Bars and restaurants, in particular, snapped back, adding 286,000 jobs as business restrictions eased in California and other states. AdAlso hiring last month were retailers, which added 41,000 jobs, health care companies, with 46,000, and manufacturers, with 21,000. But state and local governments have slashed 1.4 million jobs since the pandemic erupted, including 86,000 last month, and most have instituted hiring freezes. The Congressional Budget Office projects the nation will add a substantial 6.2 million jobs this year.

FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. The moves come as Target extended its sales streak through the holiday quarter and sales grew by more than $15 billion. Online sales soared 118%. In the previous quarter, same-store sales rose 10%, while online sales spiked 155%. Late last year, it signed a deal with beauty chain Ulta Beauty that will place Ulta shops in more than 100 Target stores by mid-2021.

The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. Jobless claims declined by 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. Still, before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000. The latest figures coincide with a weakened job market that has made scant progress in the past three months. AdAll told, 19 million people were receiving unemployment aid as of Feb. 6, up from 18.3 million the previous week.

The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. (AP Photo/Steven Senne, File)WASHINGTON – The Federal Reserve says there's evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. In its semi-annual monetary policy report released Friday, the Fed said it has been watching job data compiled by payroll processor ADP. AdThe report will form the basis for Federal Reserve Chair Jerome Powell's testimony next week before committees in the House and Senate. Hiring has stalled in the past three months, with job gains averaging just 90,000 a month from November through January.

U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that the price spike seen this summer is beginning to fade as coronavirus cases start to increase. (AP Photo/Rogelio V. Solis)WASHINGTON – U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest. Core inflation, which excludes volatile food and energy costs, is also up 1.4% with core prices unchanged in January. “Consumer price inflation remains very tame,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics, predicting that the upcoming rise in year-over-year inflation figures should be transitory.

Starting next week, 1 million doses will be distributed to some 6,500 pharmacies across the country, the White House said. The administration is also boosting by 500,000 the weekly allocation of vaccines sent directly to states and territories for the coming weeks, up to 10.5 million. It is allowing state and local governments to receive additional federal dollars to cover previously incurred expenses relating to the pandemic. The number of participating pharmacies and the allocation of vaccines are expected to accelerate as drug makers increase production. The Biden administration has sought to increase certainty to state governments on their upcoming allocations to streamline deliveries and prevent stockpiling of second doses for the two-dose regimens.

The nations largest retail trade group says Friday, Jan. 15, 2021, that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. (AP Photo/Rogelio V. Solis, File)NEW YORK – The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The retail sales figures exclude sales from autos, restaurants and gas. The non-seasonably adjusted holiday figures, contrast with a downbeat report Friday from the Commerce Department that retail sales fell a seasonally adjusted 0.7% in December from the month before. However, the government reported a 3.7% retail sales gain in November and a 2.9% gain in December compared to the year-ago periods.

A sale sign is displayed near the entrance of a Hallmark store Tuesday, Jan. 12, 2021, in Orlando, Fla. Retail sales fell for a third straight month, as a surge in virus cases kept people away from stores and restaurants during the holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month before, a decline Wall Street analysts weren't expecting. The Commerce Department said sales even fell online, down nearly 6% after rising 19% for the year. At restaurants and bars, sales fell 4.5% in December as states restricted in-person dining, ending the year down 21%. The nation’s largest retail trade group said that when car, restaurant and gas sales are taken out, and when non-seasonably adjusted numbers are compared from a year ago instead of month to month, sales in November and December actually rose 8.3% from the year before.

Targets strong sales streak extended through the holiday season, as shoppers snapped up everything from clothing to home goods during the pandemic. The Minneapolis company reported Wednesday, Jan. 13, 2021, that its online sales surged 102% for the November and December period. The retailer reported Wednesday that online sales surged 102% between November and December. Even with the push online, Target's 1,900 locations have become an even greater strength as infections surged and people tried to stay home. Tiffany & Co. last week reported a 2% gain in preliminary holiday sales, helped by strong sales in China and online.

Online sales rose a record 49% year-over-year between Oct. 11 and Dec. 24, according to the Mastercard SpendingPulse figures, which exclude services, automotive and gasoline sales. The holiday shopping season was considered longer this year as retailers offered promotions sooner and encouraged customers to get a jump-start to avoid delivery delays. During the traditional holiday period, between Nov. 1 and Dec. 24, retail sales rose 2.4% year-over-year, according to Mastercard's data. Consumers also favored electronics and appliances, a category where sales rose 6%. There was some payoff, as online clothing sales rose 15.7%, according to Mastercard.

NEW YORK – Sephora will be replacing all cosmetics areas at Kohl's with 2,500 square foot shops, starting with 200 locations in the fall of year. Earlier this month, Target said it would be opening Ulta Beauty shops in more than 100 stores next year. J.C. Penney said its developing its own cosmetics area to replace Sephora when that agreement ends. Rougeot said Sephora was attracted to Kohl's because of its network of 1,100 stores, mostly outside of malls. The Sephora shops, which will feature about 100 brands, will be at the front of Kohl's stores.

The Minneapolis company reported Wednesday that its online sales surged 155% in the three months that ended Oct. 31. It joined Walmart and Home Depot in reporting strong third quarter sales. Last week, Target announced a deal with nation’s largest beauty store chain, Ulta Beauty, that will place Ulta shops in more than 100 Target stores by mid-2021. During the latest quarter, drive-up sales increased more than fivefold, while order pickup continues to increase with more than a 50% increase. Target is pushing shoppers to start early this holiday season to avoid a crush of customers online and in stores during the pandemic.

(Copyright 2020 The Associated Press. All rights reserved)JACKSONVILLE, Fla. – There is a growing list of major retailers closing stores on Thanksgiving Day in response to the coronavirus pandemic. Many popular stores, such as Walmart and Target, announced their stores will be closed on Thanksgiving Day. RELATED: Santa Claus won’t be coming to Macy’s this yearHere’s a full list of stores confirmed so far that will be closed on Thanksgiving:ALDIAcademy Sports and OutdoorsAT&TBarnes & NobleBath & Body WorksBed Bath & BeyondBest BuyBealls -- Bealls OutletBJ’sBoscov’sBurlingtonCostcoDick’s Sporting GoodsFoot LockerGameStopThe Home DepotH&M StoresHobby LobbyJCPenneyKohl’sLamps PlusLowe’sOld NavyMacy’sMarshall’sNordstrom (Rack)Office Depot/OfficeMaxPetcoPetsmartPier 1REISearsSimon Property GroupStaplesStein MartTargetT.J MaxxTractor Supply StoresUltaUnder ArmourThe Outlet Resource GroupWalmartWilliams-SonomaClick here for more information. Let us know!

JACKSONVILLE, Fla. – It’s being called shipmageddon: retailers and shipping companies are getting bombarded with online orders. So if you’re hoping your packages will arrive on or before Christmas Day, these companies are saying you’ll want to get an early start on any holiday shopping you’re planning to do. So major retailers such as Best Buy, Target and Walmart are rolling out holiday deals early. RELATED: Experts recommend doing your holiday shopping early this yearBut it’s worth mentioning that they’re all warning there is no guarantee your shipment will arrive on time. So, a word of advice: if you’ve got holiday shopping to do, it’s probably best to start now.

NEW YORK (AP) – The nation’s largest beauty chain has a deal to place shops in more than 100 Target stores by mid-2021. Ulta Beauty and Target said Tuesday that the shops will be located next to Target’s existing beauty sections. Financial terms of the deal weren’t disclosed. Customers are increasingly focused on one-stop shopping experiences as a way to minimize exposure to COVID-19. But the deal could hurt department stores like Macy’s, which had already seen their share of their beauty business eroded even before the pandemic.

FILE - In this Nov. 5, 2020 file photo, women walk to an Ulta Beauty store in Schaumburg, Ill. The nations largest beauty chain has a deal to place shops in more than 100 Target stores by mid-2021. Ulta Beauty and Target said Tuesday, Nov. 10 that the shops will be located next to Targets existing beauty sections. (AP Photo/Nam Y. Huh, File)NEW YORK – The nation's largest beauty store chain, Ulta Beauty, has a deal to place shops in more than 100 Target stores by mid-2021. “More than ever before, now is the time for innovation in retail,” said Mary Dillon, CEO of Ulta Beauty.

The key, however, is to start thinking about holiday shopping now. But also, because of the pandemic, Consumer Reports says certain products are in short supply, and delivery companies are already pushed to the max. “With holiday shopping on top of the widespread shift to online shopping during the pandemic, shipping companies are going to be totally overwhelmed,” explained Samantha Gordon, Consumer Reports' shopping expert. Target is also offering deals throughout the month and is extending its price match guarantee through Dec. 24. CHECK IT OUT: Consumer Reports’ Holiday Gift Guide | Consumer Reports' Top 10 Black Friday shopping tipsAside from shopping early, Consumer Reports suggests shopping around.

JACKSONVILLE, Fla. – Target announced that more than 350,000 of its employees will receive $200 bonuses. Target has spent nearly one billion dollars on workers well-being, healthy and safety so far this year. That’s on top of several pay raises to motivate its employees who are unable to work from home. Aside from its bonuses, the company also raised its starting wage to $15 this summer. The bonuses will go to Target team members who work at all of its stores and distribution centers by early November.

(AP Photo/David Zalubowski)NEW YORK – Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Black Friday has long been the unofficial start to the U.S. holiday season, though retailers have been pushing holiday shopping earlier for the last decade or so. The first big holiday push will come from Amazon, which is positioning its mid-October Prime Day as a kickoff to the holiday shopping season. Even with the early start to the season, holiday sales are expected to deliver smaller gains than in recent years. Joel Bines, who runs the retail practice at AlixPartners, thinks the earlier shopping will stick even when the pandemic is over.