Latest Target Corp News

Companies keep mum as vaccine mandate goes to Supreme Court

Jan. 07, 2022 18:07 PM EST

NEW YORK (AP) — Companies that would be affected by a Biden administration vaccine-or-testing requirement for workers have largely remained on the sidelines while the Supreme Court considers whether the rule can be enforced. The requirement, which would apply to companies with 100...

Asia stock markets mixed after Wall St high, virus surge

Dec. 29, 2021 22:57 PM EST

BEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. Tokyo and Seoul declined while Shanghai and Hong Kong advanced. Wall Street gained Wednesday for its 70th record high of 2021....

Despite supply issues and omicron, holiday sales rise 8.5%

Dec. 26, 2021 16:40 PM EST

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. Mastercard SpendingPulse, which tracks all kinds of payments...

Target CEO addresses omicron, wages and shopper habits

Dec. 15, 2021 13:19 PM EST

NEW YORK (AP) — Target is heading into the final stretch of the holiday season with lots of momentum. CEO Brian Cornell reports that holiday sales have continued to stay strong even amid worries about the new omicron variant. Like its big box rivals, Target has been able to defy...

Modest 0.3% November retail sales bump, optimism still high

Dec. 15, 2021 12:04 PM EST

NEW YORK (AP) — Americans slowed their spending from October to November but continued shopping ahead of the critical holiday season, brushing off rising prices and shortages. Retail sales rose a modest, seasonally adjusted 0.3% in November compared with the previous month when...

DAs, retailers say California needs tougher retail theft law

Dec. 03, 2021 18:58 PM EST

SACRAMENTO, Calif. (AP) — Spurred by a recent run of large-scale smash-and-grab robberies, prosecutors and retailers are pushing back on assertions by California's governor and attorney general that they have enough tools to combat retail theft in the wake of a voter-approved easing of...

'Buy now, pay later' catches on just in time for holidays

Dec. 01, 2021 03:09 AM EST

SAN FRANCISCO (AP) — As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card...

Black Friday is back but it's not what it used to be

Nov. 26, 2021 17:44 PM EST

NEW YORK (AP) — On this year's Black Friday, things almost seem normal. Malls and stores report decent-sized crowds, if not the floods of people that used to fight over the latest toys and electronics — online shopping is much too common for that now, and discounts...

Holiday season moves into high gear but challenges remain

Nov. 25, 2021 07:04 AM EST

NEW YORK (AP) — Buoyed by solid hiring, healthy pay gains and substantial savings, shoppers are returning to stores and splurging on all types of items. But the big question is: How much will supply shortages, higher prices and staffing issues dampen their mood this...

Americans are spending but inflation casts pall over economy

Nov. 24, 2021 18:41 PM EST

WASHINGTON (AP) — Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall. A raft of economic data issued Wednesday showed the economy on solid footing, with Americans’ incomes rising and jobless...