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.
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.
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 lossesU.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the morning.
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.
Major retailers temper expectations for 2025 as Americans slow their spending
Read full article: Major retailers temper expectations for 2025 as Americans slow their spendingSome 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.
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 shoppersU.S. President Donald Trump’s long-threatened tariffs are here — plunging America into an escalating trade war with China, Canada and Mexico.
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 holdSales and profits slipped for Target during the crucial holiday quarter as customers held back on spending.
Target to close 9 stores including 3 in San Francisco, citing theft that threatens workers, shoppers
Read full article: Target to close 9 stores including 3 in San Francisco, citing theft that threatens workers, shoppersTarget says it's closing nine stores in four states, including one in New York City’s East Harlem neighborhood, and three in San Francisco.
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 workplaceThirteen 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's profit surges as Americans cast restrictions aside
Read full article: Target's profit surges as Americans cast restrictions asideTarget’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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Target temporarily closing some stores, adjusting store hours amid protests
Read full article: Target temporarily closing some stores, adjusting store hours amid protests(CNN) -- Target is closing some stores and adjusting hours at others as protests continue to erupt across the country following the death of George Floyd at the hands of police. Target's Lake Street store in Minneapolis was among the first to be looted and badly damaged during the protests. Two Target stores in the Atlanta, Georgia, area were also among those vandalized. "As a Target team, we've huddled, we've consoled, we've witnessed horrific scenes similar to what's playing out now and wept that not enough is changing. And as a team we've vowed to face pain with purpose."