NEW YORK — Retail giant Target Corp. has opened its new concept store in Midtown Manhattan, right across the street from the flagship Macy’s Inc. store. Located on West 34th Street in Herald Square, this is one of several small-format stores Target is opening in New York City. The first opened in Tribeca last October,
Just weeks after announcing the addition of its Cartwheel savings program to the Target mobile app, Target Corp. is upping the digital ante with beacon and Bluetooth technology to enhance the in-store shopping experience. The discount retailer says Target app users will be able to see their location on the app’s map as they navigate
MINNEAPOLIS — Target Corp. on Monday said it will raise its minimum wage to $11 an hour in October. A further increase, to $15 an hour, is promised by the end of 2020. The retailer said the increases will allow it to continue to recruit and retain good people, who in turn will provide a
MINNEAPOLIS — Target Corp. on Wednesday announced plans to hire about 100,000 extra workers to staff its stores this holiday season, an increase of just over 40% compared to the 70,000 it hired last year. The retailer said it also plans to hire 4,500 team members at the company’s distribution and fulfillment centers to replenish
NEW YORK — Hurricane Harvey brought record rainfall to Houston and flash floods across the Texas and Louisiana coastal region. The storm also elicited an outpouring of generosity from the retail community. Walmart, the nation’s largest retailer by sales, and the Walmart Foundation announced they had committed up to $20 million in support of relief
MINNEAPOLIS — Target Corp. on Wednesday announced the appointment of Minsok Pak as executive vice president and chief strategy and innovation officer, effective September 11. Pak will oversee Target’s enterprise strategy development and retail innovation, and he will serve as a member of the retailer’s leadership team. “Minsok brings deep business acumen and proven leadership
MINNEAPOLIS — Target Corp. said on Monday it was hiring two senior executives to advance the retailer’s food and beverage strategy. Mark Kenny, currently at Walmart, will join Target as vice president divisional, meat and fresh prepared food, with oversight for the meat, seafood, deli, bakery and prepared food categories. Liz Nordlie, now at General
MINNEAPOLIS — Target Corp. has acquired a transportation technology company to enhance its delivery capabilities. The company — San Francisco-based Grand Junction — is already working with Target on a delivery pilot at its store in New York’s Tribeca neighborhood. Grand Junction uses its software and data to connect retailers with local delivery services to
MINNEAPOLIS — Target Corp. is testing a household essentials delivery service that is said to have cheaper shipping and shorter delivery times than those available to Amazon.com Inc.’s Prime Pantry customers. The service, called Target Restock, launched late last month as a pilot in the Minneapolis/St. Paul area for the retailer’s RedCard holders. Target said
WASHINGTON — The proposed border adjustment tax will hit American consumers with price hikes, Target Corp. chairman and chief executive officer Brian Cornell testified last month at a House hearing. “American families — your constituents — would pay more so many multinational corporations can pay even less,” Cornell told the House Ways and Means Committee.
NEW YORK — Target Corp. reported it has reached an $18.5 million settlement with 47 states and the District of Columbia over the retailer’s data breach that occurred just prior to Christmas 2013. The announcement was made by New York attorney general Eric Schneiderman. The breach, which Target has said occurred between November 27 and
There’s been a pickup in retail activity and energy, perhaps a result of the optimistic performance reports a few leading retailers have posted of late. Suddenly, major companies that appeared to be daunted by even minor challenges are responding more positively — and more aggressively — to the stresses of doing business. Leading the way