Target Corp. said Tuesday that it is laying off 1,700 workers and eliminating another 1,400 unfilled positions as part of a restructuring aimed at saving $2 billion over the next two years.
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Read More »March 10, 2015 Comments Off on Target lays off 1,700, won’t fill another 1,400 vacancies
Target Corp. said Tuesday that it is laying off 1,700 workers and eliminating another 1,400 unfilled positions as part of a restructuring aimed at saving $2 billion over the next two years.
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Read More »February 25, 2015 Comments Off on Canada exit pulls down Target earnings
Target Corp. reported a loss in its fourth quarter, dragged down by costs to end its money-losing foray in Canada. But the discount retailer recorded stronger-than-expected sales during the holiday season as shoppers bought more clothing and other items, giving ...
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Read More »December 26, 2013 Comments Off on Banks react to Target in different ways
Many of the 40 million consumers who swiped plastic in Target stores during the retailer’s recent security breach are likely considering canceling those credit or debit cards, but the choice might not be theirs to make.
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Read More »December 24, 2013 Comments Off on Target: Justice Dept. investigates its data breach
NEW YORK — Target Corp. said Monday that the Department of Justice is investigating the credit and debit card security breach at the retailer. The investigation comes after Target revealed last week that data connected to about 40 million credit ...
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Read More »December 19, 2013 Comments Off on Target-ed customers could be scared off
Target is grappling with security and a public relations nightmare just as the holiday shopping season is wrapping up. The nation’s second-largest discounter said Thursday that data connected to about 40 million credit and debit card accounts was stolen as ...
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Read More »November 16, 2011 Comments Off on Target’s 3Q profits up 3.7 percent
NEW YORK — Target Corp. reported a 3.7 percent increase in third-quarter profits, helped by solid spending and improvement in its credit card business. The Minneapolis discounter said Wednesday that it earned $555 million, or 82 cents per share, in ...
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Read More »August 17, 2011 Comments Off on Target’s 2Q profits up 3.7 percent
NEW YORK — Target Corp., buoyed by its push into groceries and incentives it offers credit cardholders, posted a 3.7 percent increase in second-quarter profit and said earnings for the year will beat Wall Street estimates. Target is counting on ...
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Read More »August 4, 2011 Comments Off on Retailers report solid sales gains for July
NEW YORK — Many U.S. retailers posted solid sales in July as deep discounts and sweltering heat drove shoppers to air conditioned malls. But analysts worry that momentum won’t continue through the back-to-school shopping season. Despite a flow of bad ...
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Read More »May 18, 2011 Comments Off on Credit-card business pushes Target net up 2.7 pct
NEW YORK — A stronger credit-card business helped Target Corp.’s net income rise 2.7 percent in the first quarter, even as customers were cautious about buying because of higher gas and food prices. Target’s credit-card business, which it uses to ...
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Read More »May 5, 2011 Comments Off on Week in review: 5/6/11
Towson U. eyes Commons space Administrators at Towson University has been talking with the owner of the nearly vacant Towson Commons about leasing space to use for classrooms and academic offices. Some local leaders have said such a conversion could rejuvenate ...
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