Target

Target workers at a store in Colorado are preparing to file unfair labor practice charges with the U.S. labor board against the department store chain for allegedly employing union busting tactics.

Former Toys 'R' Us CEO Gerald Storch weighs in on earnings reports from Walmart and Target as well as retail data on "Varney & Co."

Target profits tumbled 89% in the second quarter due to inflation limiting consumer spending and a pileup of inventory blamed on supply chain problems.

U.S. retailers including Target and Best Buy Co Inc. cut their profitability forecasts in recent weeks as consumers curtailed spending on items like apparel and electronics.

With inflation impacting everyone, consumers are now re-thinking what products they are buying at the store and even reaching for more in-house brands, experts say.

Some retail chains like Target and Walmart are weighing the possibility of paying customers to keep their unwanted items instead of returning them amid a surplus of inventory.

Target is expanding its 10% military discount — typically reserved for Veterans Day — to the Fourth of July. The offer can be redeemed on two transactions.

Here are the key events taking place on Wednesday that could impact trading including the DOE's inventory, U.S. trade gap and retail news.

Target, which is facing excess inventory in several categories, said it's planning serval actions during the second quarter to "right-size its inventory for the balance of the year." 

The group of Target workers says it's attempting to unionize in part because employee pay is not keeping pace with surging costs for staples like food and rent.

Target Workers Unite, founded by Adam Ryan who has been working at Target Virginia store for five years, told FOX Business that they did not have enough valid signatures to pursue an official election under the supervision of the U.S. National Labor Relations Board.

Walmart and Target, solid barometers of consumer spending, didn't mince words on sky-high inflation.

The bleak results come a day after larger rival Walmart Inc cut its annual profit view, even though both retailers clocked better-than-expected quarterly sales.

The workers are joining the labor movement that is sweeping the nation and impacting major corporations including Amazon, Starbucks, Apple and Etsy.

Target employees in Fort Lauderdale were forced to evacuate the retail store after shoplifters set a fire to create a diversion. Fort Lauderdale fire and police rescue teams responded to a Target store Wednesday night to after shoplifters set clothes on fire.

Target's stock jumped Tuesday after the retailer reported an 8.9% jump in comparable sales and boosted its profit and sales forecasts for 2022.

U.S. retailer Target Corp on Tuesday fell short of analysts' sales expectations for the crucial holiday quarter and signaled no immediate relief from the squeeze on margins by decades-high inflation and rising labor costs.

The Minneapolis-based retailer announced Monday that its starting wages will now range from $15 to $24 for team members across its stores, supply chain facilities and headquarters locations.

The warning covers over 8,000 of Bebe au Lait's wooden teethers, according to the U.S. Consumer Product Safety Commission (CPSC).

Target said Wednesday that customers can make product returns at drive-up parking spots with "no pickup time window or membership fee required." Customers can also add a Starbucks cafe order.