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Target and Garth Brooks Team Up to Release “Garth Brooks: The Ultimate Collection,” An Exclusive

September 15, 2016

MINNEAPOLIS - September 15, 2016   Brooks’ new album with exclusive bonus songs will be part of the retailer’s boxed set, available at Target Nov. 11 in advance of the album’s national release Target Corp. (NYSE: TGT) and Garth Brooks today announced they are collaborating to release an exclusive 10-disc boxed set, “Garth Brooks ... read more

Statement from Brian Cornell Regarding Jeff Jones

August 30, 2016

MINNEAPOLIS - August 30, 2016 This morning Target Corporation (NYSE: TGT) announced that Jeff Jones, executive vice president, chief marketing officer will be departing the company, effective September 9, to pursue a new opportunity. Target chairman and CEO Brian Cornell issued the following statement: “Since joining Target in 2 ... read more


Target Statement on the White House Equal Pay Pledge

August 26, 2016

MINNEAPOLIS - August 26, 2016  At Target, we believe diversity and inclusivity make teams and Target better. We work to create a diverse and inclusive working environment and cultivate an inclusive guest experience, building a better Target for our team members and guests – and a better society for all. Target is honored to sign ... read more

Target Statement on Welspun Global Brands

August 19, 2016

MINNEAPOLIS - August 19, 2016 One of Target’s vendors, Welspun Global Brands (Welspun), was one of the producers of Egyptian Cotton 500-thread count sheets under the Fieldcrest label for Target. After an extensive investigation, we recently confirmed that Welspun substituted another type of non-Egyptian cotton when producing the ... read more


Target Reports Second Quarter 2016 Earnings

August 17, 2016

MINNEAPOLIS - August 17, 2016   Better-than-expected profitability; comparable sales in line with guidance Second quarter GAAP EPS from continuing operations of $1.07 and Adjusted EPS of $1.23 were above the high end of guidance1. The Company is on pace to exceed its goal to save $2 billion in costs over the 2-year period ending ... read more


Statement from Target Following the Orlando Tragedy

June 13, 2016

MINNEAPOLIS - June 13, 2016 Like millions of Americans, the Target team is mourning the horrific violence that took place in Orlando over the weekend. Sadly, we confirmed this morning that two of our team members were tragically killed in the attack. Since that time, we have been in contact with their families to offer our heart ... read more


Target Announces Voting Results from 2016 Annual Meeting of Shareholders

June 8, 2016

MINNEAPOLIS - June 8, 2016 Target Corporation (NYSE:TGT) today announced voting results from its 2016 Annual Meeting of Shareholders. Shareholders elected 14 members of the board of directors, ratified the appointment of Target’s independent registered public accounting firm, approved the “Say on Pay” management proposal and rej ... read more


Target Corporation Announces 7.1 Percent Dividend Increase

June 8, 2016

MINNEAPOLIS - June 8, 2016 The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 60 cents per common share, a 7.1% increase from the prior quarter dividend of 56 cents.  The dividend is payable Sept. 10, 2016 to shareholders of record at the close of business August 17, 2016. The 3rd quarte ... read more


Target Reports First Quarter 2016 Earnings

May 18, 2016

MINNEAPOLIS - May 18, 2016   Adjusted EPS of $1.29, up 16.5 percent from first quarter 2015 First quarter Adjusted EPS of $1.29 was above the company’s guidance of $1.15 to $1.25. First quarter comparable sales increased 1.2 percent, driven by growth in both traffic and basket. Comparable digital channel sales increased 23 perce ... read more


Target to Consolidate Media Business with GroupM

April 5, 2016

MINNEAPOLIS - April 5, 2016 Today Target Corporation (NYSE: TGT) announced it will consolidate its media buying and planning business under GroupM, a world-class media agency based in New York City. GroupM began working with Target in 2015 and will assume full responsibility for Target’s media business. Target will immediately b ... read more


Monica C. Lozano Named to Target Corporation’s Board of Directors

March 9, 2016

MINNEAPOLIS - March 9, 2016 Target Corporation (NYSE: TGT) announced today its board of directors elected Monica C. Lozano as a new director, effective immediately. Ms. Lozano is the former CEO of ImpreMedia, one of the largest media companies serving Hispanic communities in the U.S. Ms. Lozano, 59, spent four years as CEO of Im ... read more


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