Product that tells our story
A major teachers’ union is calling for its members to skip Target when buying back-to-school supplies, the latest twist in a series of boycotts that have targeted the big-box retailer as its turnaround shows signs of life, CNBC has learned. The AFT, or American Federation of Teachers, passed a resolution Thursday that calls on its 1.8 […]
MINNEAPOLIS — Target on Tuesday posted another quarter of falling revenue and customer traffic at its stores, though its shares rose as the retailer’s earnings beat estimates and it said it is poised to end its sales slump. The big-box retailer, which is in the middle of a turnaround effort, said sales and traffic trends […]
Wynn Resorts is facing mounting legal trouble in the wake of its recent cybersecurity incident, as a wave of class action lawsuits moves through federal court. The company maintains the situation is under control, but plaintiffs argue the fallout is far more serious. Wynn previously told ReadWrite that “an unauthorized third party acquired certain employee […]
Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. […]
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs at distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to […]
Target has come under pressure from protesters and pols in its home state of Minnesota after ICE agents detained two employees of the big box retailer who were US citizens. Federal immigration agents detained the workers inside a Richfield, Minn., store on Jan. 8 after a confrontation that began in the parking lot and spilled […]
Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin […]
The rapid adoption of GLP-1 weight loss medications — drugs like Novo Nordisk’s Ozempic and Wegovy and Eli Lilly’s Zepbound and Mounjaro — is reshaping how Americans eat and shop. It’s also changing how major corporations do business. From new product lines to expanding certain categories, companies are trying to capitalize on the lifestyle shifts prompted by […]
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing […]
Walmart logo is seen near the store in Austin, United States on Oct. 23, 2025. Jakub Porzycki | Nurphoto | Getty Images When incoming Walmart CEO John Furner steps into the retailer’s top role, he will try to follow up a period of dramatic share growth that many of Walmart’s rivals have failed to match. […]
