Softer than expected sales trends prompted Target to lower its first quarter earnings outlook Tuesday morning.
Target has accepted for purchase $760.7 million worth of debt as part of a $1.1 billion debt-refinancing plan announced last month, the mass merchandiser said.
Target was among six companies recognized by Second Harvest Heartland, a member of Feeding America, as one of the relief organization’s Hunger Heroes.
Jen Coleman and Laura Wiertzema are such big fans of Target they created a blog on Tumblr called "Target Does It Again," and regularly post photo on Instagram. The company took notice this week.
Asian fusion restaurant Ling & Louie's Kitchen is coming to Minneapolis and it will be located across the street from Target’s headquarters on Nicollet Mall.
First it was RadioSchack and now Target has ended another electronics initiative with Best Buy.
Target announced that it will sell off about $209.3 million worth of debt as the company moves to refinance $679 million worth of debt due between 2028 and 2031, the mass merchandise retailer said.
Target will soft open 21 locations across Southwestern Ontario, including 17 locations on March 19 and four locations on March 28.
Target has agreed to buy Chefs Catalog from JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies.
Scott Kennedy was named president of Target financial and retail service to replace long time finance executive Terry Scully.