Target shares hit with another downgrade
Target shares were downgraded for the second time in less than a week as headwinds mount for the retailer.
Walmart’s Pride merchandising unchanged as Target sees backlash over new items
Walmart's Chief Merchandising Officer Latriece Watkins said the company's merchandise assortment caters to all different groups all year round and that it has not changed.
Target shares hit three-year low, JPMorgan downgrades stock
JPMorgan downgraded Target stock to "neutral" from "overweight" on Thursday in another troubling sign for the retailer as shares are on pace for the longest losing streak in 23 years.
Target losses swell to $12.4 billion; shares at lowest since 2020
Target's market value continues to tumble as the controversy over its Pride merchandising marketing move roils investors, along with other efforts backed by the retailer.
Ted Cruz explains why a Target boycott won't work like Bud Light
Texas Republican Senator Ted Cruz said Friday that a conservative boycott of Target over its Pride month collection won't work like the one for Bud Light.
Target, Bud Light investors lose billions on marketing misses
Investors in Target and Bud Light parent Anheuser-Busch are getting punished after a string of marketing controversies takes a toll on shares of both companies.
Corporate woke agendas are 'against the American worker': Sen. Josh Hawley
Sen. Josh Hawley, R-Mo., spoke to FOX Business this week regarding the latest controversies over woke marketing agendas and techniques by some companies. Americans are pushing back, he said.
Target loses $9 billion amid Pride merchandising controversy
Target's Pride merchandising campaign is rippling through shareholders as the retailer scrambles with a public relations crisis similar to Bud Light's.
Conservative ETF sells Target stock over 'woke' agenda
The American Conservative Values ETF announced it has divested all its holdings in Target and blacklisted the company over its "woke" agenda amid fallout over LGBTQ merchandising.
Gavin Newsom warns of nationwide 'systematic attack' on LGBTQ groups after Target limits 'Pride' collection
Democratic California Gov. Gavin Newsom accused Target of participating in a “systematic attack" on LGBTQ communities across the country.
Target recalls nearly 5M candles after reports of burns, lacerations
Target issued a nationwide recall for nearly 5 million Threshold candles that were sold exclusively at its stores and online following reports that the candles broke during use.
Target losses from organized retail crime increase $500 million
Target lost an additional $500 million from organized retail crime at its stores compared to last year, the company announced Wednesday.
Target CEO warns rising crime, retail theft will hit profits
Target CEO Brian Cornell warned Wednesday that its stores continued to get hit by retail crime, which the company expects to result in losses of more than $500 million this year.
Target expands locked merchandise cases to hit back at shoplifting
One of the strategies Target has utilized amid its efforts to curb more shoplifting are locked-up cases. The company has resorted to those for certain categories at stores in San Francisco and New York, for example.
Target sued over LA store stabbings after homeless man attacked woman, 9-year-old boy
Target Inc. has been sued by the families of a 9-year-old boy and a woman who were stabbed last year in an L.A. store by a homeless man in an unprovoked attack.
53K Jetson scooters/hoverboards recalled over fire hazards after two reported deaths
Tens of thousands of 42-volt Jetson Rogue self-balancing scooters/hoverboards were recalled because they pose a fire hazard, according to the recall notice posted by the CPSC.
Target CEO gives cautious outlook after sales, profits improve
Target reported an increase in sales and revenue for the fourth quarter but CEO Brian Cornell is not as optimistic about the current environment.
2M Cosori air fryers recalled over fire, burn hazards
The Consumer Product Safety Commission posted an alert about two million Cosori air fryers. The notice comes following more than 200 reports that claimed they were overheating and catching fire.
Target aiming to boost next-day delivery with $100M investment
Target is aiming to boost its next-day delivery with an investment of $100 million in its “sortation” network, the company said in an announcement on Wednesday.
Omaha Target will remain closed until further notice following shooting
Target announced that its store in Omaha, Nebraska, where a gunman opened fire before being shot and killed by police will be closed until further notice.