Target

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Target Shares Take a Beating
These Aren't
Cheery Days
for Target
Nov 20, 2024 12:55 PM CST

These Aren't Cheery Days for Target

Company announced disappointing Q3 results

(Newser) - Target shares are trading down more than 20% on Wednesday on the heels of disappointing quarterly results. While the company managed a slight increase of 0.3% in comparable sales in the third quarter, it was well below the 1.5% analysts were expecting, reports the Wall Street Journal ...

As Stores Lock Down Products, Shoppers Head to Amazon

Customer frustration with locked-up cases may driving a rise in online sales of 'essentials'

(Newser) - Big-box stores like Walmart and Target are keeping a growing range of items locked up in plexiglass cases, but it might be costing them more in business than they would have lost to sticky fingers if their goods were more accessible. Francisco Velasquez at Quartz says sales figures strongly suggest...

Cops: This 8-Year-Old Really, Really Wanted to Go to Target

Police say Ohio girl slipped into family's Nissan Rogue, drove 25 minutes to get to store

(Newser) - An 8-year-old girl who went missing from her Ohio home over the weekend turned up in the most unexpected place: a Target some 25 minutes away, after police say she took her family's car for a joyride. Per Today , cops in Bedford say they were called to a home...

Target Is About to Nix This Form of Payment

As of next week, customers won't be able to pay by personal check

(Newser) - Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once-ubiquitous payment method is going the way of outmoded objects like floppy disks and the Rolodex. The Minneapolis-based discounter confirmed the move in a statement to the AP on Tuesday, citing "...

Target Joins the Push to Lure Inflation-Weary Customers

Chain cutting prices on staples, following the lead of rivals

(Newser) - Target has joined the new trend among big retailers: Lowering prices on staples and then boasting about it. The chain says it has dropped prices on about 1,500 items so far and will bring the total to 5,000 by the end of summer, reports USA Today . The cuts...

Target Makes a Change on Its Pride Month Merch

Retailer will offer smaller selection only in 'select' stores and online after last year's backlash

(Newser) - The backlash last June against Target's offerings for Pride month, featuring various LGBTQ+-themed products, took a toll on the its bottom line , leading to its first quarterly drop in sales in six years. Now, with this year's Pride month right around the corner, the retail giant says it...

Meet Hercules, the Rescue Cat Who Became a Target Model

Feline escaped from hot car in Minnesota in 2022, went missing and almost died, then became a star

(Newser) - When authorities discovered 50 or so cats crammed into a car in Minnesota's Chisago County in June 2022, the temperature was hovering around 95 degrees. Officials were able to transport most of the felines to a shelter, but one escaped and went missing—until a month later, when volunteers...

Target Gets Into the Paid Membership Game

Launches a program similar to Amazon Prime and Walmart Plus

(Newser) - Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day...

Teacher's Video on Target Item Goes Viral: 'Need to Be Pulled'

Issa Tete says pictures of 3 civil rights icons were mislabeled in Black History Month activity book

(Newser) - It wouldn't be Black History Month without cringeworthy gaffes regarding Black History Month. The latest misstep comes courtesy of an item sold in Target, which has now been pulled off shelves after a customer complaint went viral. NPR reports that Issa Tete, a high school history teacher, decided to...

US Food Chain Rides Heavily on Backs of Prison Labor
US Food Chain Rides Heavily
on Backs of Prison Labor
INVESTIGATION
Jan 29, 2024 1:17 PM CST

US Food Chain Rides Heavily on Backs of Prison Labor

Major companies are making bank off forced labor: AP

(Newser) - In a sweeping two-year investigation, the AP found that goods linked to the forced labor of US prisoners wind up in the supply chains of a dizzying array of products, from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola beverages. They're on the...

Shopping Frenzy Erupts Over ... This Cup?

Stanley tumblers sell out at Target, resell online at much higher prices

(Newser) - If you thought a relatively quiet Black Friday meant shoppers had grown beyond trampling people to get their hands on goods, think again. Target shoppers say they've endured long lines , pushing and shoving , and apparently some trampling in a rush to get limited edition Stanley cups, and no, we...

Target Shuttering 9 Stores for Safety Reasons

With retail thefts on the rise, stores in 4 states are closing

(Newser) - Amid an increase in retail thefts including "smash and grab" and "flash rob" incidents , Target is closing eight West Coast stores (three in San Francisco, three in Portland, and two in Seattle) plus one location in New York City. They will be shuttered as of October 21, CBS...

Retailers: Theft Is Killing Our Bottom Lines

Target expects to lose up to $1B this year due to 'shrink,' also taking a toll on Dollar Tree, Kohl's

(Newser) - Dollar Tree is the latest company to partly blame theft for plunging profits. The company's gross profit margin fell to 29.8% last quarter from 32.7% a year earlier, CEO Richard Dreiling and CFO Jeffrey Davis told Wall Street analysts on Thursday, per CNN . They attributed much of...

Backlash to Pride Merch Hurt Target
Backlash to
Pride Merch
Hurt Target
Aug 16, 2023 10:20 AM CDT

Backlash to Pride Merch Hurt Target

Retailer sees quarterly sales fall for the first time in 6 years

(Newser) - Target's quarterly sales dropped for the first time in six years, due in part to the "strong reaction" to its Pride month offerings, the company said Wednesday. Sales at stores open for at least a year fell 5.4% last quarter, while foot traffic declined 4.8%, CNN...

Group Accuses Kellogg of 'Sexualizing' Products

Conservative group is also targeting cereal-maker's diversity programs

(Newser) - A conservative legal group run by former Trump adviser Stephen Miller has taken aim at Target and Kellogg, which it accuses of breaking the law with its diversity programs—and of "sexualizing" its products. In a complaint filed with the Equal Employment Opportunity Commission, America First Legal said policies...

Adults Cruelly Prank a Kid, Who Gets the Last Laugh
Adults Cruelly Prank a Kid,
Who Gets the Last Laugh
in case you missed it
Jul 9, 2023 12:00 PM CDT

Adults Cruelly Prank a Kid, Who Gets the Last Laugh

Men send hearing-impaired boy on a bogus shopping spree

(Newser) - It's a rough story with a happy ending. As the Washington Post recounts, three men pranked an 8-year-old boy who is partially deaf at a Target store in Connecticut. But when news of the prank spread, Good Samaritans stepped up to make things right. It all took place last...

Bud Light Sales Dip, but It Remains Top-Selling Brew

Memorial Day week sales were down nearly 24% from 2022, but that's a mild improvement for the brand

(Newser) - Bud Light sales heading into to Memorial Day weekend were down by nearly 24% from 2022, reports CNN , but it remains America's best-selling beer. The Memorial Day week numbers marked a mild improvement over previous weeks, suggesting the brew has weathered the worst of the fallout from the right...

Pitcher Booed at Home After Anti-LGBTQ Post

Anthony Bass of the Toronto Blue Jays has apologized

(Newser) - Toronto Blue Jays pitcher Anthony Bass does not appear to be a fan favorite at the moment after he shared an anti-LGBTQ video on social media. When the relief pitcher entered the game Wednesday night in Toronto, hometown fans could be heard booing, reports Yahoo Sports and CP24.com . What'...

Target Pulls Some Pride Merchandise, Citing Threats
Target Yanks Some Pride Merch
May 24, 2023 7:29 AM CDT

Target Yanks Some Pride Merch

Employees feared for safety, designer faced death threats

(Newser) - Target will remove some LGBTQ-themed merchandise from its stores and website after shoppers threatened store employees and knocked down displays. The retailer has received negative reactions to its Pride Month merchandise, including rainbow-colored clothing and decor items, in the past, but employees have been met with an aggressive response this...

Target Recalls Weighted Blankets After Girls' Deaths

Pair suffocated with Pillowfort product

(Newser) - Target is recalling more than 200,000 weighted blankets after a pair of young girls suffocated earlier this year, reports CBS News . The recall involves 204,000 Pillowfort blankets, the chain and the Consumer Product Safety Commission said Thursday. The recall notice warns that a "young child can become...

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