Target's the latest company to ditch mandatory retirement for CEOs

Sep 7, 2022
With people living and working longer, many companies see the rules as outdated.
Brian Cornell, shown here in 2017, can stay on as Target CEO after turning 65.
Monica Schipper/Getty Images

For every unsold good, there's a liquidator waiting

Aug 24, 2022
Big-box retailers are dumping excess inventory because of lower sales. Liquidators, who resell that merchandise, are thriving.
Lately, as retailers dump excess inventory, liquidators have been nabbing pristine goods to resell.
sinopics/Getty Images

The chaotic story of inventory in today's economy

Jun 8, 2022
Wholesale inventories were up in April. But now, some stores have too much inventory while others struggle to get the inventory they need.
Target is among the retailers that misjudged what consumers would buy and are dealing  with stockpiles of unwanted goods.
Justin Sullivan/Getty Images

When consumers feel strapped, some brands do well anyway

May 27, 2022
Strong earnings from Nordstrom, Macy's and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.
Dollar Tree said groceries made up a bigger part of its sales last quarter — which could spell trouble for retailers like Walmart and Target.
Mario Tama/Getty Images

Retailers bulked up their inventories during the worst of the pandemic. Now they're stuck with them.

May 19, 2022
Big stores like Walmart and Target didn't foresee consumers pivoting away from shopping and toward going out.
Large retailers like Target and Walmart stocked up on goods — like office furniture or home decor — that shoppers bought during the pandemic. But consumers' spending habits are changing.
Joe Raedle/Getty Images

Not wearing those leggings? Many retail stores are expanding into resale

Apr 15, 2022
Sustainability and demand for apparel make reselling used clothes an attractive option for brands, including Lululemon and Target.
Lululemon is getting into the clothing resale game, and it's not alone.
Justin Sullivan/Getty Images

Why Target and others are giving workers Thanksgiving off

Nov 22, 2021
Employers want to keep their workers happy in this tight labor market — and holiday staffing is expensive.
Target announced that it will be closed on Thanksgiving Day going forward.
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"What supply chain crisis?" say Target, Walmart and Home Depot

Nov 17, 2021
Target, Walmart and Home Depot told investors they have more than adequate inventory to weather the holidays.
Large retailers including Home Depot, Target and Walmart have all reported well-stocked inventories ahead of the holiday shopping season.
Justin Sullivan via Getty Images

Employers' new strategy: Come for the work, stay for the college tuition

Sep 13, 2021
Big companies have started offering free tuition for workers on the front lines. Does it help with retention?
Companies like Target are offering free college to its workers.
Justin Sullivan/Getty Images

Department stores rebound, but have a long way to go

Aug 20, 2021
This week, we saw positive quarterly earnings from Macy’s and Kohl's, and news that Amazon plans to open what are essentially department stores.
Customers enter a Kohl's store on Aug. 21, 2018 in San Rafael, California.
Justin Sullivan/Getty Images