Target

Wal-Mart CMO Quinn Steps Down, Former Target CMO Francis Consults
December 11, 2015 at 9:42 am

Wal-Mart U.S. Chief Marketing Officer Stephen Quinn plans to step down in January after more than a decade at the company. In turn, Wal-Mart will hire former Target Chief Marketing Officer Michael Francis as a consultant and possibly to work with an ultimate successor. Wal-Mart Spokeswoman Deisha Barnett said Mr. Quinn will retire as of Jan.…

Target Opens Holiday-Themed Playground in New York
December 8, 2015 at 9:56 am

Over the years, Target Corp. has pulled many stunts to generate buzz in New York City — from building a life-size dollhouse in Grand Central Station a couple of years ago to perhaps, most memorably, setting up a temporary holiday store on a boat docked on the Hudson River more than a decade ago. The…

Amazon Prime Growing, Posing an Even Bigger Threat to Wal-Mart, Target
December 4, 2015 at 10:10 am

Amazon.com’s Prime keeps attracting more and more members, and new data from Wall Street firm Cowen & Co suggests the subscription service is getting stickier, posing a more intense threat to traditional retailers trying to claw back market share. The survey suggests Amazon Prime is drawing younger and wealthier shoppers who are now using the…

Target Settles for $39M Over Data Breach
December 3, 2015 at 11:49 am

Target agreed to a $39 million settlement with several U.S. banks on Wednesday over a data breach that affected roughly 40 million customers. The banks lost millions when they were forced to reimburse customers who lost money in the massive 2013 hack of Target's database. The banks, which service MasterCard, filed a class-action lawsuit against…

Target, PayPal Sites Report Problems on Cyber Monday
December 1, 2015 at 10:40 am

Cyber Monday, the online version of Black Friday, isn't immune to traffic jams of shoppers rushing to take advantage of post-Thanksgiving sales. Some of the most popular websites experienced an overload on Monday, similar to a crowd pushing its way into an already packed brick-and-mortar store. Shoppers were for a period of time unable to…

Target Reaches $99M Settlement Over Canada Leases
November 25, 2015 at 12:16 pm

Target Corp. and RioCan Real Estate Investment Trust, one of the retailer's former landlords in Canada, have settled a dispute over the leases the retailer left behind when it scrapped its ill-fated international expansion. The Wall Street Journal reported on the $99 million deal, which covers 18 leases between Target and RioCan and its partners.

Target Leading on Black Friday Keywords in Paid Search
November 24, 2015 at 11:31 am

We’re taking a different approach and re-examining paid search activity on our Black Friday keyword group, consisting of 161 keyword terms containing the words "black friday." We saw spending on Black Friday keywords surge the week of Sept. 27, a full month earlier than in 2014, which underscores the increasing importance of this key shopping…

A Retailer’s Dilemma: Is it Worth Opening on Thanksgiving?
November 20, 2015 at 10:51 am

Americans have a conflicted relationship with holiday shopping. We love a good deal, yet we're mired in massive debt. We give lip service to the importance of spending quality time with our family for the holidays, but when stores open up on Thanksgiving, shoppers dutifully show up — or at the very least snag some deals…

Bruce Dayton, Target Co-Founder and Retail Tycoon, Dies at 97
November 16, 2015 at 9:50 am

Bruce Dayton, the last of five Dayton brothers in the legendary retailing family, died Friday at age 97 after a career that shaped the Twin Cities in a hundred ways, from fashion to philanthropy, shopping malls to state politics. In partnership with his brothers, Bruce Dayton expanded the Dayton Company from one department store in…

Target Criticized for Sweater That Makes Light of OCD
November 10, 2015 at 10:01 am

To the chagrin of some shoppers, a sweater that tried to capitalize on holiday cheer with a pun — OCD for "Obsessive Christmas Disorder" instead of "Obsessive Compulsive Disorder" — is still being sold online and in stores at Target. Miffed by what they're calling a lack of empathy for people who suffer from the disease,…