Target Scales Back Pride Collection After Conservative Backlash
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
Target Closes Nine Stores in Multiple States Due to Rising Theft and Organized Retail Crime, Citing Safety Concerns
Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.
Target Strengthens Reach with New Extension Facility
Target has opened its first extension facility in Smyrna, Georgia, allowing the retailer to reach an additional 500,000 customers for next-day delivery in the Atlanta area.
Woke = Broke?
Bud Light, produced by Anheuser-Busch, is the latest company caught in America's ongoing culture wars.
Target is now offering “drive-through” returns for customers
No need to get out of your car to return that candle of wicker basket you impulsively bought on your latest Target run.
Target is investing $100 million into its supply chain through 2026
The massive logistics overhaul is focusing on the company’s sortation hubs and the store’s redesign, meant to increase same-day fulfillment services.
El Salvador, Guatemala, and Honduras win $300 million investment in Target infrastructure
The massive retailer is expanding its relationship with vendors in Central America as part of Vice President Kamala Harris’ “Call to Action for Northern Central America”.
Retail darling Target unveils “large-format” stores for future expansion
The retailer will be focusing on these 150,000 square feet stores - about 20,000 square feet larger than its current average - over the coming years with new constructions and remodels.
Retailers scramble to get rid of excess inventory before holiday season
Retailers are struggling with excess inventory and rushing to get it off the shelves before the holiday season.
Walmart & Target don’t like inflation either
Target & Walmart reported earnings this week and cited inflation as the primary reason for rapidly increasing costs.
Target stock tanks after poor Q1 profit
Regardless of Wall Street’s bet on the retail company, Target revealed a 52% profit decline in Q1.