Target

Matching online prices was once considered a risky proposition for brick-and-mortar retailers. Now it’s the norm. The newest evidence comes from Target, which is about to expand the number of online competitors it will match prices with to 29 from five. The updated policy, which goes into effect Thursday, includes giants like Macys.com and Staples.com as well…

Knuckling down on fundamentals, Target Corp. has hired Anu Gupta, a retail industry veteran, to the new position of senior vice president of operational excellence. Gupta, whose hiring was announced Thursday, will help the Minneapolis-based retailer as it works to improve its operations, such as keeping shelves stocked and simplifying its processes. Company executives have been…

Target plans to cut back on outsourcing and hire 1,000 information technology workers. The retailer will hire 500 software engineers and other IT workers in Minneapolis and 500 more in India. Chief Information Officer Mike McNamara told CIO Journal that the company's reliance on vendors "got to a stage where almost half the team is in third…

Target is testing the online grocery delivery waters. The Minneapolis-based discounter has teamed with Instacart, the online grocery delivery service that started in 2012, to let shoppers in the Minneapolis area order fruits and other perishables, as well as household, pet and baby products, and have them delivered to their homes in as little as an…

Six months after the ax fell on hundreds of workers at Target Corp. headquarters, the company’s technology operations finally felt the effect of its downsizing, with 235 people in the Twin Cities told they were out of a job Tuesday. The retailer’s information technology units were spared in earlier rounds of layoffs as the senior executives…

Borrowing from the playbook of upscale grocers such as Whole Foods Market and Wegmans, Target is aiming to serve alcohol right in the store. Angie Thompson, a Target spokesperson, confirmed that the Minneapolis-based retailer applied in August for liquor licenses to sell and serve alcohol at a planned store near Chicago’s Navy Pier. If approved, it…

The Securities and Exchange Commission (SEC) decided not to penalize Target Corp. for the 2013 cyberattack that led to the exposure of millions of customers’ data, the company said Tuesday. The agency was one of several governmental entities to investigate the retailer in the wake of the attack, one of the largest against a U.S. company. In…

Target Corp. has agreed to pay $2.8 million to thousands of rejected job candidates for upper-level positions because tests they were given disproportionately screened out applicants based on their race or gender. The payout was announced Monday by the Minneapolis Area Office of the U.S. Equal Employment Opportunity Commission (EEOC) and will be disbursed among more…

A settlement between Target Corp. and Visa Inc. moves the retailer a step closer to resolving most of the financial claims against it from the 2013 data breach. However, an attorney representing banks and other card issuers and a trade group representing credit unions pressed Target for more. Under the settlement announced Tuesday, Target will…

Target Corp. CEO Brian Cornell took a major step in reshaping the company’s senior leadership Monday by elevating Chief Financial Officer John Mulligan to a new role and reaching outside the firm for a new finance chief. He tapped Cathy Smith, a former executive for Express Scripts and Wal-Mart, as Target’s chief financial officer, starting…