Target

Target lost an additional $500 million from organized retail crime at its stores compared to last year, the company announced Wednesday.

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.

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 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.

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 reported an increase in sales and revenue for the fourth quarter but CEO Brian Cornell is not as optimistic about the current environment.

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 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.

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.

A Target store in the Buffalo, New York area took in around 25 stranded travelers over Christmas weekend and provided them shelter from a deadly winter storm.

Target is recalling around 204,000 weighted blankets after two children reportedly died after becoming "entrapped" in the blanket's cover.

Several major retailers are closing their doors this Thanksgiving to give their workers some time off. However, a handful of companies will be open for limited hours.

Retail giants like Target and Rite Aid have issued concerns about organized crime rings causing profits to shrink, following the dismantling of Baltimore-based criminals in New Jersey.

The chief financial officer of Target Corporation, Michael Fiddelke, said on Wednesday that store theft has hurt the retail giant's gross profit margin.

Target shares took a beating Wednesday as the retailer lowered its outlook and CEO Brian Cornell told investors that inflation is impacting customers.

Target announced Wednesday that it has deepened its partnership with Apple ahead of the pivotal holiday season. There are now over 150 Apple shops inside Target stores nationwide.

Tupperware CEO Miguel Fernandez said Monday in a LinkedIn post that Target is now selling the brand's popular food storage containers at its U.S. stores.

Target announced Thursday that it plans to hire 100,000 seasonal workers to support its operations over the busy holiday season, which is in line with last year.

Target and FAO Schwarz have partnered on an exclusive toy agreement just in time for the holiday season. Here's what that means for gift-giving this year.

Target CEO Brian Cornell agreed to remain in his role as chief executive for about three more years. He previously held roles at Walmart's Sam's Club and PepsiCo.