Talking Points: Target's Job Cuts & New Digital Focus
Last week, the news broke that Target Corp. plans to lay off several thousand employees at its Minneapolis and Brooklyn Park corporate headquarters.
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Last week, the news broke that Target Corp. plans to lay off several thousand employees at its Minneapolis and Brooklyn Park corporate headquarters.
Earlier this week, the CEO of Target announced the company would cut several thousand jobs over the next two years at its Minneapolis headquarters. Right now, Target ranks fourth when it comes to the number of employees in Minnesota, according to Twin Cities Business Magazine.
Target stock closed down slightly a day after the company announced several thousand employees at its Minneapolis headquarters would be losing their jobs. It's part of a restructuring plan that the CEO is promising will change how you shop at their stores.
Gov. Mark Dayton is seeking a meeting "as soon as possible" with Target Corp.'s chief executive about the significant layoff affecting employees at the company's Minnesota headquarters. Dayton told reporters Wednesday that he did not get advance warning as is customary with major jobs announcements of state-based corporations.
Target Corp. is planning to cut several thousand jobs over the next two years to save nearly $2 billion from its budget. Target plans to make those cuts through corporate restructuring and other improvements.
It's called Caroline's Cart, and it allows parents and caregivers to maneuver one device, rather than a cart and a wheelchair.
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 strong sales as shoppers bought more clothing and other items over the holiday period.
People who like to go organic will soon have more options at Target. Target said it's planning to double its offering of organic and sustainable products this year from a little more than 100 to more than 200.
Target is testing a new way to reward its customers. It's in the form of a mobile app that keeps track of how much money you spend.
The end of Target's Canadian operations has had a financial impact on small and medium businesses in Minnesota that supplied the retailer. Target's Canadian division filed for bankruptcy protection last month and owes nearly $5 million to suppliers and service providers in Minnesota.
Every Friday, we tackle a bunch of viewers' burning questions. This week, Heather Brown explores hangnails, legal settlements and American accents.
The Minneapolis-based Target Corp. is reportedly shedding 550 jobs in Minnesota following the discount retailer's retreat from Canada.
Target has agreed to pay nearly $4 million to settle a lawsuit that claims the retailer charged higher prices than advertised.
Target Canada has received court approval to begin liquidating its stock.
Numerous store brand supplements aren't what their labels claim to be, an ongoing investigation of popular herbal supplements subjected to DNA testing has found, New York Attorney General Eric Schneiderman said Tuesday.
Target announced they're planning a number of new locations for their new micro-sized TargetExpress stores, including one set for the Highland Park neighborhood in St. Paul. Target field-tested the smaller format store in Dinkytown, opening up a 20,000-square-foot store last summer.
Minnesota-based Yoplait yogurt enlisted the help of Minnesota fashion designer Christopher Straub to re-imagine the cups with a Signature Collection offered exclusively in Target stores.
Target is testing a pilot program that allows you to shop health insurance in their stores. "Health care, no matter if you get your insurance from your employer or through an exchange or on the individual market, it's still extremely confusing," said Steve Lafferty, Target's senior director of healthcare partnerships.
Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,600 employees. Target said it didn't see how it could stop losing money before at least 2021 on its first international expansion.
With only a pair of days still left until Christmas, analysts are already predicting a milestone shopping season for retailers. This past weekend alone added up to the biggest two-day sales period ever, totaling $42 billon. Of course many shoppers aren't finished yet.
When a cashier went into work this weekend at the Monticello Target, she had no idea she'd be receiving a gift.
A federal judge has ruled that customers suing Target for last year's data breach will be able to move forward with their claims. Target also reportedly faces lawsuits from banks hit by the data breach.
Our mailboxes and newspapers are stuffed these days with ads from stores showcasing what's on sale. This week a Target ad features a toddler from Stillwater. Her name is Izzy.
Despite the recent success in raising Minnesota's minimum wage, a new report paints a bleak outlook for the state's lowest paid workers. The worker rights groups, Working America and Take Action Minnesota, say a lot more is still needed to lift 622,000 Minnesotans out of poverty.
Any parent knows how tough it to shop with young children. And every retailer knows how tough it is to lure shoppers into their brick-and-mortar stores. Target and Google have teamed up to create an in-store interactive video game that will attract shoppers with kids. That game is being rolled out Thursday in only four Target stores nationwide, including one in Roseville.
