MINNEAPOLIS – Target Corp. is extending its $2-an-hour pay increase for employees for another five weeks. The retailer initially offered the extra pay in March to help compensate for heightened health risks from staffing stores and fulfilling online orders amidst the COVID-19 outbreak. The extra pay had been set to expire at the end of
MINNEAPOLIS — Target Corp. is extending enhanced team member wages and benefits, and is providing business updates related to the impact from the novel coronavirus (COVID-19). Target said it will extend its $2 an hour temporary wage increase until May 30, in recognition of the contributions of frontline team members. The company said it will also continue
BENTONVILLE, Ark. — Walmart has tapped William White, who has been serving as senior vice president of marketing at Target Corp., to be its new chief marketing officer. The CMO position at Walmart has been vacant since Barbara Messing left the company last August. White’s appointment was announced in an email to employees from Walmart
MINNEAPOLIS — Target Corp. is implementing new safety measures designed to help reduce the spread of the coronavirus, the company said. Starting on Saturday, the retailer will actively monitor and, when needed, meter guest traffic in its nearly 1,900 stores nationwide to promote social distancing. Additionally, Target will supply its more than 350,000 team members
MINNEAPOLIS — Target Corp. said on Wednesday that it is slowing the pace of remodels and new store openings as it focuses on dealing with the surge in store traffic and sales associated with the COVID-19 outbreak. “We are prioritizing the work that’s in front of us to support our team, store operations and supply
MINNEAPOLIS — Target Corp. is budgeting more than $3 billion in 2020 to maintain its recent pace of about 300 store remodels a year and to fund initiatives that include adding automation to its supply chain, diversifying its private label assortment and expanding its store pickup capabilities to include fresh groceries and alcoholic beverages. Target
MINNEAPOLIS — Target Corp. said Friday that it will invest more than $300 million in wage increases, a new paid leave program, bonus payouts and relief fund contributions. “With each passing day, it’s clearer how indispensable our team is to communities across the country as our guests cope with the coronavirus,” Target CEO Brian Cornell
MINNEAPOLIS — Target has made adjustments to its business hours and other measures amid the outbreak of the novel coronavirus (COVID-19). Beginning March 18, all Target stores will close by 9 p.m. local time daily, which will provide the team additional time for cleaning and restocking each day. In addition, the retailer announced that it
MINNEAPOLIS — Target on Tuesday reported better than expected earnings in its fourth quarter and fiscal year and said it expects operating margins to grow by mid-single digits this year. Target posted net earnings of $834 million in the fourth quarter, an increase of 4.4% from a year earlier. Comparable-store sales were up 1.5% for
MINNEAPOLIS — Target Corp. has hired Heath Holtz to serve as senior vice president of field operations. He will oversee Target’s supply chain and logistics field network to support the retailer’s more than 1,800 stores, the company said on Friday. Holtz joins the company on March 1 and will report to Arthur Valdez, Target’s executive
NEW YORK — One of the keys to Target Corp.’s success has been the love its most loyal fans always have for the retailer. But Target chief marketing and digital officer Rick Gomez argued at the NRF 2020 Vision: Retail’s Big Show conference here that customer loyalty has to be rewarded, and in a way
ENGLEWOOD CLIFFS, N.J. — Unilever and Sundial Brands have launched a new line of textured hair care products for Gen Z multicultural women. Available exclusively at Target, the new Emerge line is billed as having been designed for today’s “next generation naturalistas” who want to explore different hairstyles and lifestyles. “Gen Z women want to