MINNEAPOLIS - August 31, 2012
Target Corp. (NYSE:TGT) announced today a $150,000 donation in cash and products to assist with Hurricane Isaac relief efforts. A $120,000 cash donation was given to the American Red Cross in support of response efforts. An additional $20,000 in product donations and $10,000 in Target GiftCards will be given to other nonprofit organizations in affected areas for essentials such as water and food.
“Target is proud to be a resource for the community, and we’re committed to aiding those affected by Hurricane Isaac in this time of need,” said Gregg Steinhafel, Chairman, President and CEO, Target. “Our team supports local recovery responses by volunteering and donating product and funds, in addition to making sure our stores closest to the disaster area are able to offer needed supplies.”
All Target stores in impacted areas are open, and Target has allocated additional products, such as non-perishable food, batteries and flashlights, to those locations to ensure residents have access to the supplies they need.
This year, Target has given $500,000 to the American Red Cross as part of the nonprofit’s Annual Disaster Giving Program. In addition, Target teams spend countless hours preparing for disasters of any magnitude and will continue to help communities across the country before, during and after a crisis.
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,772 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.