Image description

Target sales increase to $17 billion in Q2

Target’s U.S. sales held up reasonably well in second-quarter 2014, but weak results in Canada and expense pressures prompted the company to reduce its full-year profit expectations a week after Brian Cornell became president and CEO.

Image description

Target names Brian Cornell chairman and CEO

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill 2-of-the-3 roles previously held by the company’s former top executive, Gregg Steinhafel.


Target's new premium skin care set

Looking to better compete with higher end beauty retailers, Target has staffed hundreds of its stores with beauty advisers and revamped the look and feel of its beauty department, and now the retailer is stepping up its beauty offerings by adding premium skin care products to more than 700 locations. more...