Latest Target Corp News

To retain workers, Walmart moves more of them full time

Apr. 14, 2021 16:55 PM EDT

NEW YORK (AP) — Walmart is moving more of its workers full time as the nation's largest private employer looks for more ways to attract and retain employees. The company said Wednesday it plans to have two-thirds of its U.S. store hourly jobs be full time with more...

Kohl's names 3 new directors in deal with activist investors

Apr. 14, 2021 10:50 AM EDT

NEW YORK (AP) — Kohl’s Corp. says it's adding three independent members to its board of directors as part of an agreement it struck with a key activist investor group that has been fighting to exert more control. The new independent directors nominated by the investor...

Amazon warehouse workers reject union bid in Alabama

Apr. 09, 2021 16:39 PM EDT

Workers at an Amazon warehouse in Bessemer, Alabama handed the online retail giant a decisive victory when they voted against forming a union and cut off a path that labor activists had hoped would lead to similar efforts throughout the company and beyond. After months of...

Target to spend more than $2B at Black-owned businesses

Apr. 07, 2021 14:13 PM EDT

NEW YORK (AP) — 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. That's a significant increase in overall spending on Black-owned businesses, according to Target, though it declined be...

Pressure mounts on corporations to denounce GOP voting bills

Apr. 03, 2021 12:58 PM EDT

ATLANTA (AP) — Liberal activists are stepping up calls for corporate America to denounce Republican efforts to tighten state voting laws, and businesses accustomed to cozy political relationships now find themselves in the middle of a growing partisan fight over voting rights. ...

Bed Bath & Beyond goes with something new to revive brand

Mar. 03, 2021 11:16 AM EST

NEW YORK (AP) — Bed Bath & Beyond will launch a slew of new store brands to lure younger customers in a bid to energize sales at the home retail chain. The chain will begin selling eight new store brands this year, six of them in the first half of 2021. ...

Target powers through a pandemic; 2020 sales growth explodes

Mar. 02, 2021 18:16 PM EST

NEW YORK (AP) — Target will plow $4 billion into its business each year for the next several years to redo its stores, add new ones and speed up delivery as the discounter aims to keep up with increasingly demanding shoppers shaped by the pandemic. As part of the...

Macy's closes out a tough year with hope for 2021

Feb. 23, 2021 11:24 AM EST

NEW YORK (AP) — Macy's is looking ahead to a year of recovery and rebuilding from the pandemic as the iconic department store chain offered annual forecasts that beat Wall Street forecasts. Driving that optimism is Macy's push to accelerate online sales, while focusing...

Kohl's pushes back on investor group's takeover efforts

Feb. 22, 2021 18:32 PM EST

NEW YORK (AP) — Kohl’s is fighting back against an investor group’s efforts to take control of the department store chain's board, arguing that it would derail its progress and momentum. The response, issued Monday, comes after the investor group said it had...