RILA welcomes new Board Chairman Brian Cornell chairman and CEO of Target Corporation

Semi-Annual Meeting Brings New Chairman, Four New Board Members​ Arlington , VA, 2018-Jan-24 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) announced today (1/22/2018) that four top retail executives have been selected to join the association’s Board of Directors in an election that took place during the Board’s semi-annual meeting, held Sunday […]

Target Corporation announces 15 percent off online and in stores from Sunday, Nov. 27, through Monday, Nov. 28

Sale starts Sunday, Nov. 27, and lasts through Cyber Monday, Nov. 28 MINNEAPOLIS, 2016-Nov-24 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today (November 22, 2016) announced a new, unprecedented way to kick off Cyber Week: Target is offering 15 percent off nearly everything online and in stores for two days, from Sunday, Nov. […]

Target Corporation announces the appointment of Preston Mosier as SVP, fulfillment operations

MINNEAPOLIS, 2016-Aug-16 — /EPR Retail News/ — Today (August 8, 2016) Target Corporation (NYSE: TGT) announced the hiring of Preston Mosier as senior vice president, fulfillment operations. Mosier will oversee Target’s direct-to-consumer fulfillment centers, as well as the process improvement, customer experience and product management functions related to direct fulfillment. He will report to Target’s executive […]

Target Corporation to consolidate its media buying and planning business under media agency based in New York City GroupM

MINNEAPOLIS, 2016-Apr-06 — /EPR Retail News/ — Today (April 5, 2016) Target Corporation (NYSE: TGT) announced it will consolidate its media buying and planning business under GroupM, a world-class media agency based in New York City. GroupM began working with Target in 2015 and will assume full responsibility for Target’s media business. Target will immediately begin transitioning […]

Target Corporation announces two key hires for the its technology team

Retailer also hires Joel Crabb as Vice President of Architecture MINNEAPOLIS, 2016-Mar-22 — /EPR Retail News/ — Target Corporation (NYSE: TGT) announced today two key hires for the company’s technology team. Tom Kadlec will join Target as senior vice president of infrastructure and operations, leading efforts to modernize and enhance Target’s technology foundation. The company also announced […]

CVS Health and Target Corporation announce first CVS Pharmacy locations in Target stores

CVS Pharmacy locations feature new look, expanded pharmacy care services and enhanced digital tools for Target guests nationwide  WOONSOCKET, RI and MINNEAPOLIS, MN, 2016-Feb-04 — /EPR Retail News/ — CVS Health (NYSE:CVS) and Target Corporation (NYSE:TGT) today announced that the first CVS Pharmacy locations in Target stores are now open in the Charlotte, North Carolina market. […]

Janna Potts becomes Executive VP Chief Stores Officer Target Corporation

MINNEAPOLIS, 2016-1-6 — /EPR Retail News/ — Today Target Corporation (NYSE: TGT) announced the promotion of Janna Potts to executive vice president, chief stores officer. Potts will be responsible for the leadership of Target’s 1,805 stores across the United States. Potts will replace Tina Tyler and will assume the position effective immediately. She will serve as a […]

P&G former group president Melanie Healey elected to Target Corporation’s Board of Directors

MINNEAPOLIS, 2015-11-13 — /EPR Retail News/ — Target Corporation (NYSE: TGT) announced today its board of directors elected Melanie Healey, former group president, North America, of The Procter & Gamble Company (P&G, NYSE: PG), as a new director, effective immediately. Ms. Healey, 54, spent more than 25 years at P&G. During her tenure, she worked […]

Anu Gupta appointed VP Operational Excellence Target Corporation

MINNEAPOLIS, 2015-9-28 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced the appointment of Anu Gupta to the role of senior vice president, operational excellence. In this role, which is new to Target, Gupta will lead a dedicated team in simplifying and optimizing processes across the business to help the retailer become more agile in […]

Target Corporation announces the promotion of John Mulligan to the newly created role of EVP and chief operating officer, effective Sept. 1

MINNEAPOLIS, 2015-8-18— /EPR Retail News/ — Target Corporation (NYSE: TGT) today promoted John Mulligan to the newly created role of executive vice president and chief operating officer, effective Sept. 1. Mulligan will assume oversight of stores, supply chain and properties. Joining Target as executive vice president and chief financial officer will be Cathy Smith, a […]

Target Corporation elected Donald R. Knauss and Robert L. Edwards as new directors

MINNEAPOLIS, 2015-8-17— /EPR Retail News/ — Target Corporation (NYSE: TGT) announced today its board of directors elected Donald R. Knauss, former executive chairman and former chairman and chief executive officer of The Clorox Company (NYSE: CLX), and Robert L. Edwards, former CEO of Safeway Inc., as new directors, effective immediately. Mr. Knauss, 64, served as […]

Target Corporation declares quarterly dividend of 56 cents per common share, 7.7 percent increase from the prior quarterly dividend

Announcements Highlight Continued Focus on Returning Cash to Shareholders MINNEAPOLIS, 2015-6-11 — /EPR Retail News/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 56 cents per common share, a 7.7 percent increase from the prior quarterly dividend of 52 cents.  The dividend is payable Sept. 10, 2015, to […]

Target Corporation sells Target Commercial Interiors to Omni Workspace Company

Minneapolis-based Omni Workspace Company will acquire TCI MINNEAPOLIS, 2015-5-15 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced it will sell Target Commercial Interiors (TCI), a subsidiary that provides office furnishings and related services for business and commercial clients. Minneapolis-based Omni Workspace Company, more commonly known as A&M Business Interior Services, will acquire TCI […]

Target Corporation entered into Settlement Agreement with MasterCard International relative to the data breach Target experienced during Q4 2013

MINNEAPOLIS, 2015-4-16 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced that it has entered into a Settlement Agreement with MasterCard International Incorporated relative to the data breach that Target experienced during the fourth quarter of 2013. Under the agreement, alternative recovery offers will be made by MasterCard to eligible MasterCard issuers worldwide that […]

Target Corporation names Anne Dament to the role of Senior Vice President, Merchandising

Dament joins retailer as Senior Vice President-Merchandising MINNEAPOLIS, 2015-4-16 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced the appointment of Anne Dament to the role of Senior Vice President, Merchandising. In this role, she will be responsible for leading the strategic repositioning of Target’s food business. Dament brings more than 19 years of grocery […]

Target Corporation to webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time

MINNEAPOLIS, 2015-3-2 — /EPR Retail News/ — Target Corporation (NYSE:TGT) will webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time. Investors and others are invited to access the presentations and Q&A session online on the Events & Presentations section of Target.com/Investors. The webcast will be archived for […]

Target Corporation to webcast its meeting with the financial community on March 3

MINNEAPOLIS, 2015-2-5 — /EPR Retail News/ — Target Corporation (NYSE:TGT) will webcast its meeting with the financial community on March 3 from approximately 2:30 p.m. to 5 p.m. Eastern time. Investors and others are invited to access the presentations and Q&A session online on the Events & Presentations section of Target.com/Investors. The webcast will be […]

Target Corporation appoints Mike McNamara as EVP and CIO

McNamara will play a key role in Target’s digital transformation MINNEAPOLIS, 2015-2-3 — /EPR Retail News/ — Target Corporation today announced that Mike McNamara will assume the role of executive vice president and chief information officer. As the company’s top technology leader, McNamara will further advance Target’s digital transformation and help Target become a leading omnichannel retailer. […]

Target Corporation declares quarterly dividend of 52 cents per common share

MINNEAPOLIS, 2015-1-16 — /EPR Retail News/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 52 cents per common share. The dividend is payable March 10, 2015 to shareholders of record at the close of business February 18, 2015. The 1st quarter dividend will be the company’s 190th consecutive dividend paid […]

Target Corporation to discontinue operating stores in Canada through its indirect wholly-owned subsidiary, Target Canada Co.

Target Canada takes steps to ensure a fair and orderly exit, seeks Court approval to begin liquidation process under the CCAA Company provides update on fourth quarter performance in the U.S. MINNEAPOLIS, 2015-1-16 — /EPR Retail News/ — Today Target Corporation (NYSE:TGT) (the “Company”) announces that it plans to discontinue operating stores in Canada through its indirect […]

Target Corporation and Google launch mobile game experience Bullseye’s Playground

MINNEAPOLIS, 2014-12-3 — /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced it is partnering with Google on the latest Art, Copy & Code project – an interactive, in-store mobile experience designed to delight Target guests of all ages this holiday season. Bullseye’s Playground is a mobile game experience that features Target’s bull terrier mascot Bullseye […]

Target Corporation kicked off the holiday season with strong early start to Black Friday weekend

Crowds Line Up at Stores Coast-to-Coast; Online Sales Break Records MINNEAPOLIS, 2014-11-28 — /EPR Retail News/ — Target Corporation (NYSE: TGT) kicked off the holiday season with a strong early start to Black Friday weekend, as guests across the U.S. shopped early deals and turned out for the 6 p.m. store openings. In addition, the company’s free […]

Target Corporation presents its third quarter 2014 Adjusted earnings

Adjusted EPS of $0.54; GAAP EPS of $0.55 Third quarter Adjusted EPS of $0.54 was above the expected range of $0.40 to $0.50. Third quarter U.S. Segment comparable sales growth of 1.2 percent was better than the expected range of flat to 1 percent. Comparable sales reflect third quarter digital sales growth of more than […]

Target Corporation announces new initiatives for the 2014 holiday season

MINNEAPOLIS, 2014-10-22— /EPR Retail News/ — Target Corporation (NYSE: TGT) today announced new initiatives for the holiday season centered on irresistible products, unbeatable value and guest-friendly services – including new and enhanced digital tools and free shipping on all Target.com orders now through Dec. 20. “Target is poised to deliver an unparalleled holiday shopping season. We’ve been […]

Target Corporation declares quarterly dividend of 52 cents per common share

MINNEAPOLIS, 2014-9-10 — /EPR Retail News/ — The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 52 cents per common share. The dividend is payable December 10, 2014 to shareholders of record at the close of business November 19, 2014. The 4th quarter dividend will be the company’s 189th consecutive […]