Sign In
Free Newsletter
Online sales surge to $44.2B from Thanksgiving to Cyber Monday, report finds
U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend to $44.2 billion, a report found.
Layoffs are piling up, raising worker anxiety; many companies cutting jobs
Amid wider economic uncertainty, it’s a tough time for the job market. Here are some companies that have moved to cut jobs recently.
Tariffs aren’t keeping Walmart from attracting shoppers
Walmart Inc. survived an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results.
Target CEO to step down amid company struggles
Minneapolis-based Target said CEO Brian Cornell, who has led the company for 11 years, would step down on Feb. 1.
Facing huge inventory, Target cuts vendor orders, prices
Target is canceling orders from suppliers, particularly for home goods and clothing, and it's slashing prices further to clear out amassed inventory.
Target to keep stores closed on Thanksgiving for good
Target will not open its stores on Thanksgiving, making permanent a shift to the unofficial start of the holiday season that was suspended in the pandemic.
Target’s profit surges as consumers show growing eagerness to spend
Target's sales and profits surged in the first quarter as Americans turned out eager to spend.
Target to boost hourly base pay to $15 by end of 2020
Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020 in a move it says […]
Target misses the mark, pulls out of Canada
Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees.
Target 1Q profit falls 16 percent as data breach takes toll
Target cut its annual profit outlook Wednesday and said its first-quarter earnings fell 16 percent as it took another hit from a massive customer data breach and a troubled expansion in Canada.
Target CEO out in wake of data breach
Target's massive data breach has now cost the company's CEO his job.
Retailers get creative with Pinterest
Target, Nordstrom and other big chains are pinning their hopes of attracting shoppers on social media.
