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1. Target Names Nordstrom Exec As Chief Merchandising Officer
- Wednesday, May 18, 2016
NEW YORK (AP) – Target has poached Nordstrom for its new chief merchandising officer, a crucial position and the one who determines what appears on store shelves.
Mark Tritton was president of Nordstrom Product Group where he oversaw the merchandising, design, manufacturing, marketing and omnichannel distribution of more than 50 private-label brands across Nordstrom's full-price and off-price portfolio.
2. Target Is Getting its Groove Back: Turnaround Takes Hold
- Thursday, August 20, 2015
NEW YORK (AP) — Target is on its way back.
Shoppers are visiting the company's stores more often and spending more on each trip, the Minneapolis-based discount-store chain said Wednesday. The company raised its annual profit outlook and said its second-quarter net income more than tripled.
3. Target Selling Pharmacy, Clinic Businesses to CVS Health
- Tuesday, June 16, 2015
Target will sell its pharmacy and clinic businesses to CVS Health in the latest twist behind a push from big retailers to become all things to all customers.
The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers who have come to expect that they will be able to fill a prescription when they shop at Target.
4. Target Beating Wal-Mart in Race for Turnaround
- Thursday, May 21, 2015
NEW YORK (AP) – Target is beating Wal-Mart in the race to beef up sales.
Target Corp. on Wednesday reported a nearly 52 percent surge in its first-quarter profit on strong sales of more profitable items like fashion and baby products, evidence that its efforts to turn around its business are paying off.
5. Target Lays Off 1,700, Won't Fill Another 1,400 Vacancies
- Wednesday, March 11, 2015
MINNEAPOLIS (AP) – Target Corp. said Tuesday that it is laying off 1,700 workers and eliminating another 1,400 unfilled positions as part of a restructuring aimed at saving $2 billion over the next two years.
6. Target Plans $2 Billion in Cost-Cutting Moves
- Wednesday, March 04, 2015
NEW YORK (AP) – Target Corp. plans $2 billion in cost cuts over the next two years through corporate restructuring and other improvements.
7. Target Cuts Outlook as Breach Fallout Lingers
- Thursday, August 21, 2014
NEW YORK (AP) – Target Corp. slashed its annual profit outlook for the second time in three months as the retailer reels from a massive customer-data breach, a botched Canadian expansion and sluggish U.S. sales.
8. Target Lowers Forecast, Estimates Breach Costs
- Wednesday, August 06, 2014
NEW YORK (AP) – Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers.
The Minneapolis-based retailer also said Tuesday it expects gross expenses tied to a massive data breach this past winter to come to $148 million in the period, which will be offset by $38 million in insurance. It also paid $1 billion to retire $725 million in debt.
9. Lessons of the Popcorn Experiment
- Monday, November 19, 2012
“For anything to change, someone has to start acting differently.” I ran across that statement a couple of years ago in a book titled “Switch, How to Change Things When Change is Hard” by Chip and Dan Heath. I love such simple, clarifying statements.
10. New Election Rules a Win for Labor Unions
- Thursday, December 22, 2011
WASHINGTON (AP) – In a win for organized labor, the National Labor Relations Board on Wednesday approved sweeping new rules that would speed the pace of union elections, making it easier for unions to gain members at companies that have long rebuffed them.
11. Wal-Mart CEO Says he Expects ‘Positive' 4Q Sales
- Thursday, October 14, 2010
NEW YORK (AP) – Wal-Mart is focusing on smaller-format stores, bringing back "Action Alley" – wide aisles filled with palettes of discounted merchandise – and offering same-day pickup for online purchases in some areas in an effort to jump start sluggish U.S. sales.
12. Wal-Mart's Sam's Club Names New CEO
- Wednesday, March 11, 2009
NEW YORK (AP) - Wal-Mart Stores Inc. announced Monday that Brian C. Cornell, most recently chief executive at arts and crafts chain Michaels Stores Inc., will be the new president and CEO of its Sam's Club warehouse division.
13. Archived Article: Newsmakers
- Wednesday, October 08, 2003
WMC Forecaster Wins Speech Communicator Award Dave Brown, senior weather forecaster for WMC-TV 5, was named Tennessee Speech Communicator of the Year by the Tennessee Communicator Association. Brown, who has worked for WMC for 26 year...
14. Archived Article: Books P.2
- Wednesday, September 13, 2000
College bookstores meet challenge for students' dollars online College bookstores meet challenge for students' dollars online Proving the venerable college bookstore is far from asleep when it comes to e-commerce, the National Association of College...