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.Read More »
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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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.Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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 ...Read More »
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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