MINNEAPOLIS - September 5, 2017
Target (NYSE: TGT) today announced it has committed $3 million to aid in Hurricane Harvey relief efforts, in addition to the $500,000 the company donated on Aug. 28 to national disaster relief organizations, including the American Red Cross, the Salvation Army and Team Rubicon. These efforts are part of Target’s longstanding commitment to supporting its team and communities before, during and after disasters. The additional funds will be provided to support impacted Target team members and the Gulf Coast community.
"While Hurricane Harvey marks one of the worst natural disasters in American history, it’s also shone an incredible spotlight on the very best qualities of our communities. The stories of loss and suffering are heartbreaking, but the stories of courage, generosity and selflessness are nothing short of remarkable,” says Target CEO and chairman Brian Cornell. "As a company, Target initially provided $500,000 financial support to relief organizations as we were assessing the damage. And today, we are committing another $3 million to be there for our team and help address the community’s needs."
The additional $3 million will be provided to several organizations that support Target team members and the Gulf Coast community. First, the company set up a disaster relief fund with non-profit partner Global Impact to support Target team members and their families, and will match employee donations dollar-for-dollar up to $1 million. Additionally, Target provided $100 Target gift cards to more than 10,000 of its team members in the impacted areas to help them get the supplies that they need to take care of themselves and their families. Lastly, an additional $500,000 in cash and products will be donated across several different organizations that provide community support, including a food donation to Feeding America and additional funds to Target stores to use for supporting local non-profits.
Target teams have been volunteering in ongoing recovery efforts, from working to reopen closed stores and keep much-needed supplies on Target’s shelves, to bussing team members from across Texas into Houston to pitch in and cover shifts. After Hurricane Harvey made landfall, Target closed more than 30 stores. While most stores have safely reopened, two stores remain closed indefinitely for the safety of Target’s team and guests:
Humble, 20777 Hwy 59 N, Humble, TX
Houston South, 8503 S Sam Houston Pkwy E, Houston, TX
Learn more about Target’s response efforts and its team members who have helped throughout the community.
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,816 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, which today equals millions of dollars a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.