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The lawsuit accused Target's board of directors of overlooking the risk of negative backlash and led the company to lose over $25 billion in market capitalization. ... Associated Press. Spurs rout ...
In its second quarter report, Target's gross margin rate reflected roughly 90 basis points "of benefit from lower inventory shrink." That's compared to a 20-basis-point lift in Q1.
Target has become a target for major thefts, and it's taking a huge chunk out of profits.The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of ...
Pride collection at a Target store in Seattle, Washington, in June 2023. Following Target's response, the company faced harsh criticism from GLAAD and several other LGBTQ+ advocacy groups, who requested that Target return all merchandise removed from its stores and website and to release a statement to reaffirm their commitment to the LGBTQ+ community.
Target Corporation (NYSE:TGT) shares are trading lower on Wednesday after it reported weak third-quarter results and slashed FY24 outlook. The company reported third-quarter adjusted earnings per ...
On December 18, 2013, security expert Brian Krebs broke news [64] that Target was investigating a major data breach "potentially involving millions of customer credit and debit card records". On December 19, Target confirmed the incident via a press release, [65] revealing that the hack took place between November 27 and December 15, 2013 ...
According to the claims in the EEOC press release, Target's actions violated Title I of the Americans With Disabilities Act (ADA) and Title I of the Civil Rights Act of 1991. [88] In February 2012, the company extended the team member discount to same-sex partners of employees.
Here is a list of the 15 states set to host new Target locations, according to the store's website. Target did not specify when the stores would be opening when asked by USA TODAY.