Target's downtrend is mainly due to recent overbuying that prompted profit-taking but does not signal a bearish reversal.

Michael Fiddelke takes over the Target CEO job on Sunday. He must deal with declining sales and civil unrest in the retailer's hometown, Minneapolis.

When Donald Trump was elected President of the United States in November 2024, corporate America took it as yet another sign that it had misjudged the political landscape. Many companies scrambled to ...

Target is facing criticism for the manner in which it handled 1,000 layoffs at its corporate offices earlier this week. The Minneapolis-based retail giant announced on Thursday, Oct. 23, that it would ...

Target's latest round of white-collar layoffs is not just a story about one retailer trimming costs. It is a window into how large employers now treat corporate staff as a flexible expense line, even ...

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging discount retailer’s customer ...

Target is eliminating 1,800 corporate positions. The Wall Street Journal broke the news Thursday. Employees will learn the status of their employment on Tuesday, Target confirmed in an email. The ...