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BRIAN CORNELL


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2 days ago

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 unfulfilled

When 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.

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Target CEO to step down amid company struggles

Read full article: Target CEO to step down amid company struggles

Target has named an insider as its next chief executive officer.

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Wall Street steadies after Nvidia, Palantir and other AI stars trim their losses

Read full article: Wall Street steadies after Nvidia, Palantir and other AI stars trim their losses

U.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the morning.

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Tariffs, inflation and leery customers are hitting retailers in different ways

Read full article: Tariffs, inflation and leery customers are hitting retailers in different ways

Retailers are trying to navigate their way through economic uncertainty in 2025.

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Al Sharpton calls meeting with Target's CEO amid DEI backlash 'very constructive and candid'

Read full article: Al Sharpton calls meeting with Target's CEO amid DEI backlash 'very constructive and candid'

Target’s chief executive officer has met with the Rev. Al Sharpton, whose civil rights organization has encouraged consumers to avoid U.S. retailers that scaled backed their diversity, equity and inclusion initiatives.

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Major retailers temper expectations for 2025 as Americans slow their spending

Read full article: Major retailers temper expectations for 2025 as Americans slow their spending

Some retailers are beginning to take a more cautious approach with their financial forecasts as they keep a closer eye on signs of a pullback in consumer spending.

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Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

Read full article: Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

A Minnesota farmer worries about the price of fertilizer.

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What to know about Trump's tariffs and their impact on businesses and shoppers

Read full article: What to know about Trump's tariffs and their impact on businesses and shoppers

U.S. President Donald Trump’s long-threatened tariffs are here — plunging America into an escalating trade war with China, Canada and Mexico.

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Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold

Read full article: Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold

Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending, and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs on Mexico, Canada and China and other costs.

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Target sales decline to start the year, but it sees improvement

Read full article: Target sales decline to start the year, but it sees improvement

Target is reporting a decline in quarterly revenue as still-stubborn inflation cuts into shoppers’ spending.

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Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns

Read full article: Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns

Target says it's closing nine stores in four states, including one in New York City’s East Harlem neighborhood, and three in the San Francisco Bay Area.

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GOP attorneys general shift the battle over affirmative action to the workplace

Read full article: GOP attorneys general shift the battle over affirmative action to the workplace

Thirteen Republican state attorneys general are cautioning CEOs of the 100 biggest U.S. companies on the legal consequences for using race as a factor in hiring and employment practices.

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Target drops mandatory CEO retirement age, Cornell to stay

Read full article: Target drops mandatory CEO retirement age, Cornell to stay

Target is dropping the mandatory retirement age for its CEO, allowing its Chief Executive Brian Cornell to stay on for three more years.

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Target's profit surges as Americans cast restrictions aside

Read full article: Target's profit surges as Americans cast restrictions aside

Target’s sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage.

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Retailers promise speedy delivery, tech in-store for holiday shoppers

Read full article: Retailers promise speedy delivery, tech in-store for holiday shoppers

Getty Images via CNN(CNN) - Walmart, Target and Best Buy this week rolled out plans to woo shoppers during the holidays, focusing on early deals, speedier deliveries and beefed-up service in stores. "This year is a bit unique for our customers," Steve Bratspies, Walmart chief merchandising officer, said on a call with reporters. Walmart has started to offer free next-day delivery on orders over $35 for more than 200,000 items. Best Buy said Tuesday that it would offer next-day delivery on thousands of smaller items such as tablets and headphones. The National Retail Federation estimates retail sales in November and December will grow between 3.8% and 4.2% compared with a year ago.

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Americans love Target. That's bad news for Macy's, JCPenney

Read full article: Americans love Target. That's bad news for Macy's, JCPenney

Sales at Target stores open at least a year increased 3.4% during the summer quarter and profit rose, Target said Wednesday. Target beat Wall Street's predictions for the recent quarter and raised its profit forecast for the rest of the year. Macy's last week said that sales at stores open at least a year inched up but profit fell 48% during its most recent quarter. Target, Walmart and discount clothing chains such as TJMaxx are gaining market share against these retailers. Target and Walmart operate stores away from malls, an advantage because foot traffic is slowing at malls around the country.

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